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- Robert Kiyosaki warns of an imminent market crash and explains why he’s investing heavily in silver, gold, and Bitcoin as a hedge against inflation and “fake money.”
- Bitcoin is showing strong monthly gains, proving to be a great store of value in uncertain economic times.
Robert Kiyosaki, the outspoken author of ‘Rich Dad Poor Dad’, is once again sounding the alarm about the global economy — and doubling down on his prediction that one key asset is poised to surge.
In a recent post on X Kiyosaki reiterated his prediction of a ”Stock Market Crash”, echoing the warnings he laid out years ago in his book Rich Dad’s Prophecy. According to Kiyosaki we could see the largest market crash in history, mainly affecting the stocks, bonds, and real estate.
As a precaution, Robert Kiyosaki insists he has “been investing in gold, silver, and Bitcoin.” This aligns with a time when Bitcoin has been resilient to recent Trade Wars
Why Silver, Gold, and Bitcoin?
There has been a question of which is better as an investment; Bitcoin or Gold. There is much to consider and despite several prominrent figures thinking Bitcoin has an edge like CNF reported, the aim has always been to fight with inflation.
In Kiyosaki’s tweet, He quoted Daniel Webster, one of the 19th century prominent lawyers (1782-1852) who warned:
“Inflation is the surest way to fertilize the rich man’s field…with the sweat of the poor man’s brow?”
Webster’s concerns on inflations lines up with Kiyosa compulsion to keep all his money in either Silver Gold and Bitcoin considering Inflations has been an issue for decades. Its important to note that unlike fiat, there can never be more of Bitcoin created.
“Savers are Losers.”
Robert Kiyosaki is the outspoken author of Rich Dad Poor Dad. He warns that in response to a crash, central authorities are likely to flood the economy with more fiat currency. This can not affect the supply of Bitcoin and Gold. The new printed money is “fake money,” as he calls it, will trigger inflation that will erode the money’s purchasing power
.Kiyosaki is convinced the Crash is about to happen, saying:
“REPEATING MY SELF AGAIN […] From my book Rich Dad’s Prophecy, my prediction of the biggest stock market crash in history…is now happening now.”
Bitcoin Price Analysis
Bitcoin BTC continues to recover back to above $100k currently trading at 95,103. In the last 24hrs BTC has barely made movements in general gaining only 0.6%.
In the last month however, BTC is up 19.68% pushing the market cap to $1.89 trillion. Trading volume ih hovering around $23.7 billion in the last 24 hours.
