Javier Hernandez The writer of the popular book Rich Dad Poor Dad, Robert Kiyosaki, has repeated that it is a good idea to buy bitcoin, gold, or silver. He wanted people to be aware that due to Silicon Valley Bank and Signature Bank’s failure recently, governments have begun giving out money. Kiyosaki says that the official bank (the Fed) will give out even more ‘fake money’, which won’t benefit our already weakened economy.
Robert Kiyosaki Warns of an Impending Economic “Crash Landing”
Robert Kiyosaki, the author of Rich Dad Poor Dad, an incredibly successful book published in 1997 and sold over 32 million copies in 51 different languages all over the world, warned about an upcoming economic “crash landing” on Monday after two large banks were closed down by American regulators. He shared his thoughts on Twitter.
“Governments are now starting to provide financial help to the struggling economy. So, I’m still suggesting that you buy more gold, silver, and bitcoin as a response. Be careful! A difficult drop in the market may lie ahead.”
On Sunday, the government said that people with money in Silicon Valley Bank and Signature Bank can get all of it back and nobody needs to pay for it. The Federal Reserve also promised to lend out more money to banks.
Kiyosaki has labeled the U.S. dollar as “fake money” because it’s not tied to something real, like gold, but instead is just backed by the commitment of the U.S. government.
The famous author has been suggesting for a long time to invest in gold, silver and bitcoin. He claimed that these investments will help you get rich when the Fed (American Central Bank) prints out trillions of dollars in unstable times. Recently he warned that “everything will crash” eventually.
This month Robert Kiyosaki, the author of Rich Dad Poor Dad, said that the world economy is getting close to crashing. He thinks there will be a lot of closed banks and no savings or money left in them. He also predicted earlier this year that many people would be jobless, homeless and going bankrupt because of an economic recession.
Do you agree with what Robert Kiyosaki has to say? Leave your opinion below in the comments section.
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