TL;DR Breakdown
- Robert Kiyosaki predicts crsh for gold, crypto and real estate.
- Blames federal reserve, Joe Biden for the crash.
- Urges investors to invest after crash.
Author of popular book, Rich Dad Poor Dad and crypto analyst Robert Kiyosaki has predicted that a depression is coming very soon and the situation would bring about a crash in Gold, Siver, Bitcoin and Real Estate prices.
The Asian/Amrican writer noted that he is preparing to invest in all these assets as soon as the crash hits calling it fake inflation crashes blaming the Federal Reserve and President Biden for the ‘possible’ future situation.
“Crash and depression coming. Gold, silver, bitcoin, real estate will crash too. Ready to buy more gold, silver, bitcoin, real estate after crash has crashed. Time to get richer after fake inflation crashes, he tweeted.
Not Robert Kiyosaki’s first crash prediction
This is not the first time Robert Kiyosaki would predict a looming crash. He has made such predictions several times in the past.
June, he said that the “biggest crash” in the world’s history is coming. In September, he reiterated his warning, expecting a “Giant stock market crash” in October. He then warned about the U.S. sliding into a depression.
However, after all his forecasts, he always encourages investors to buy more cryptocurrencies. In August, he said Bitcoin is the investment with the greatest upside. In October, he said Bitcoin has a “very bright” future. Last month, he revealed that he was buying more Bitcoin and ether as inflation concerns intensified.
Robert Kiyosaki is the author of Rich Dad Poor Dad a 1997 book co-authored by Kiyosaki and Sharon Lechter. The book made him so popular in the financial market. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.