Robert Kiyosaki, knowledgeable on investments and monetary training, additionally identified for his traditional e book on private finance administration “Wealthy Dad Poor Dad”, has dropped a touch upon the present inventory market crash and what’s taking place to Bitcoin throughout it.
Referring to one in every of his different books, Kiyosaki said {that a} prophecy in regards to the largest inventory market collapse has come true after a few years, including that he maybe “shouldn’t say this” in order to not brag about his prophecy.
Boomers don’t have any time for long run investments: Kiyosaki
Kiyosaki recalled one of many books on monetary markets he wrote after “Wealthy Dad Poor Dad”. The e book “Wealthy Dad’s Prophecy” got here out in 2002 and in it, Kiyosaki stated within the tweet printed at the moment, he predicted an important monetary disaster coming sooner or later. It could hit folks of his technology the toughest, he stated.
I SHOULD NOT SAY THIS….as a result of it’s not COOL….to say….I TOLD YOU SO…. But I did let you know so.
In my e book RICH DAD’s PROPHECY
I warned the most important inventory market crash in historical past was going to wipe out the monetary safety of hundreds of thousands of buyers….particularly my technology….…— Robert Kiyosaki (@theRealKiyosaki) April 4, 2025
He stated: “I warned the most important inventory market crash in historical past was going to wipe out the monetary safety of hundreds of thousands of buyers….particularly my technology…. THE BABY BOOMers.”
Nonetheless, the monetary guru provides that the market is slightly in a recession than a despair, which might be a silver lining on this inventory market crash. Kiyosaki’s present warning is addressed at folks from the Child Growth technology, since, he said, they “don’t have time to speculate for the long run in shares, bonds, mutual funds, or ETFs.”
Fed can resume printing trillions at “full pace”; Bitcoin is an answer
Answering his personal query about what could be achieved right here, Kiyosaki said that the present “paper market crash wipes out hundreds of thousands of pretend paper belongings.” To outlive this difficult time, Kiyosaki recommends what he has been recommending for years—trying past Wall Road belongings. This implies saving “actual gold, actual silver, and at the moment Bitcoin,” he defined.
Kiyosaki expects the US to begin printing cash once more (trillions of it), making the “pretend cash much more pretend”. Gold, silver, and Bitcoin are going up in worth, he stated, however not in value, although. The knowledgeable believes that the Bitcoin value surge is an phantasm as a result of the US greenback worth goes down quickly.
“If you happen to nonetheless have “some runway left,” it’s possible you’ll need to save actual cash that are gold, silver, and Bitcoin,” Kiyosaki concluded his tweet.
