Monday, April 15, 2024

Wealthy Dad Poor Dad Writer Robert Kiyosaki Warns One other Financial institution Is Set to Crash – Featured Bitcoin Information


The well-known creator of the best-selling ebook Wealthy Dad Poor Dad, Robert Kiyosaki, says that one other financial institution is about to crash following the collapse of Silicon Valley Financial institution and the voluntary liquidation of Silvergate Financial institution. Kiyosaki additionally lately stated the world economic system is on the snapping point, warning of financial institution runs, frozen financial savings, and bail-ins.

Robert Kiyosaki Predicts One other Financial institution Is Set to Crash

The creator of Wealthy Dad Poor Dad, Robert Kiyosaki, has warned that one other financial institution is about to fall. He famous that two main banks have already “crashed.” Silicon Valley Financial institution was shut down by U.S. regulators on Friday whereas Silvergate Financial institution introduced voluntary liquidation on Wednesday.

Wealthy Dad Poor Dad is a 1997 ebook co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Checklist for over six years. Greater than 32 million copies of the ebook have been bought in over 51 languages throughout greater than 109 nations.

Predicting {that a} third financial institution is about to crash, Kiyosaki tweeted Friday:

Two main banks have crashed. #3 set to go. Purchase actual gold and silver cash now. No ETFs. When financial institution #3 goes, gold & silver rocket up.

Kiyosaki has constantly suggested buying gold and silver. In February, he predicted that the worth of gold would surge to $5,000 and that silver would attain $500 by 2025. As for this 12 months, his expectation is for the worth of gold to achieve $3,800, whereas silver is projected to achieve $75. The famend creator isn’t any fan of exchange-traded funds (ETFs) and has suggested in opposition to investing in shares, bonds, and mutual funds.

The Wealthy Dad Poor Dad creator has additionally really useful bitcoin on a number of events, referring to the cryptocurrency as “individuals’s cash.” He stated in February that he expects the worth of BTC to hit $500,000 by 2025. He lately stated that traders in bitcoin, gold, and silver will get richer when the Federal Reserve pivots and prints trillions of {dollars}.

Earlier this month, Kiyosaki stated the world economic system is on the snapping point, warning of financial institution runs, frozen financial savings, and bail-ins. In January, he stated that we’re in a worldwide recession, warning of hovering bankruptcies, unemployment, and homelessness.

What do you concentrate on Wealthy Dad Poor Dad creator Robert Kiyosaki’s predictions and do you suppose one other financial institution is about to break down? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.




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