Robert Kiyosaki, who has been warning about the approaching economic depression for a long time, says that the ‘Collapse and Crisis’ with the US banking crisis has just begun, Bitcoin (BTC) and a limited number of assets will be the only remedy.
Robert Kiyosaki says the collapse and crisis has just begun
Robert Kiyosaki, author of “Rich Dad Poor Dad”, became famous as a crisis prophet when he predicted the 2008 Lehman Brothers collapse. In the banking crisis, which sold the world agenda in March, he foretold the banks that were next to go bankrupt.
Kiyosaki is now tweeting to make another prediction about the financial crash. In his tweet, he lists the assets that should be purchased before the impending economic disaster…
“Banks woke up and went bankrupt”, “Buy more BTC”
Kiyosaki once again drew the attention of the broad Twitter audience to the current crisis in the banking space and the collapse of the three major banks (Silvergate Bank, Silicon Valley Bank, and Signature Bank). All three of them were closely associated with crypto companies; It held reserves of crypto exchanges, collaborated with stablecoin companies, and kept some of the cash balances of some crypto companies.
In today’s tweet, Kiyosaki noted that the “crash and crisis” has only just begun and that pensions, the US corporate pension program 401k and IRAs (individual retirement accounts) have woken up and are now bankrupt like banks. He stated that those who want to survive will have only 3 options…
Kiyosaki made a traditional call for people to buy Bitcoin, physical gold and silver to protect themselves from their risks during the difficult economic period. The right of crisis has long emphasized the resilience of these three entities in times of collapse. In his most recent tweet, he renewed his call:
SILICON Valley Bank –SILVERGATE Bank- SIGNATURE Bank. They Woke up and went bankrupt. Collapse and Crisis is just beginning. Pensions, IRAs, 401k Woke up in bankruptcy. Get more Bitcoin, physical gold and silver.
Bitcoin will rise to $500,000, gold to $5,000, according to Kiyosaki
Earlier this year, Kiyosaki tweeted that by 2025 he expects BTC to rise to a staggering $500,000, gold to $5,000 an ounce and silver to $500. He believes the main driver of this will be the US government printing “billions of fake dollars”.
The Fed’s policy of printing money began in 2020 when the pandemic broke out, lockdown restrictions were imposed and the US government began backing it up with $1,200 per adult “survival checks”. Banks and large businesses were supported by bailout packages.
Kiyosaki now considers Bitcoin to be the “response to the sick economy.” According to him, BTC, gold and silver are the best inflation hedges.