The author of Rich Dad Poor Dad, Robert Kiyosaki said that after the Silicon Valley Bank fell and Silvergate Bank went away voluntarily, there’s an expectation for another bank to crash. He also warned that the world economy is about to have a big meltdown, meaning people will take their money out of banks (bank runs), savings could be frozen, and banks might not honor all withdrawal requests (bail-ins).
Robert Kiyosaki’s Urgent Warning
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that another bank is close to closing down. He pointed out that two big banks have already collapsed – Silicon Valley Bank was closed by U.S regulators last Friday and Silvergate Bank said it would dissolve itself on Wednesday.
Rich Dad Poor Dad is a book written by Kiyosaki and Sharon Lechter. It has been very popular, with more than 32 million copies sold around the world in over 51 languages! People have loved it so much that it has been on the New York Times Best Seller List for 6 years!
Kiyosaki predicted recently on Twitter that a third bank will crash soon. He told us to be prepared by buying real gold & silver coins instead of ETFs (special money investments). He said that when the third bank crashes, the price of gold &silver will go up very high.
Robert Kiyosaki, a famous author, suggests that it would be smart to purchase gold and silver. He thinks the price of gold should reach $3,800 this year and silver’s expected to become $75 by the same time. On top of that, he recommends avoiding investments like ETFs (Exchange-Traded Funds), stocks, bonds and mutual funds.
The author of Rich Dad Poor Dad – one of the most popular books – has talked positively about bitcoin. He thinks it is a good thing and calls it “people’s money”. He even predicted that by 2025, bitcoin will be worth $500,000! Recently he said that those who invest in bitcoin, gold, or silver are going to become richer because the Federal Reserve will soon start printing more dollars to stimulate our economy.
Last week, Robert Kiyosaki (the author of Rich Dad Poor Dad) said that the world economy is really bad and could soon crash. He warned us to expect a lot of banks closing, people not being able to access their savings and government bail-ins. In January, he predicted a recession with lots of businesses going bankrupt, people losing their jobs and even some becoming homeless.