Legendary finance writer Robert Kiyosaki evaluated what could lead to the bankrupt banking sector in the USA, in addition to the global financial crisis he has been talking about for a while. The crisis seer says he will buy in Bitcoin (BTC) alongside value metals like gold.
Robert Kiyosaki warns of impending economic collapse and bank failures
The collapse of two major US banks, Silicon Valley Bank and Silvergate Bank, within 48 hours created shock waves in the financial sector, raising concerns about the future of the US financial system. Some experts believe that the situation could worsen in the coming days as economic uncertainty reigns.
Adding to the concerns, Robert Kiyosaki, author of “Rich Dad Poor Dad,” warned that other banks would follow suit. Foreseeing the bankruptcy of Lehman Brothers in 2008, Kiyosaki believes that the bankruptcy of the third bank will have a positive impact on some assets.
Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com. Will be on Neil Cavuto on FOX on Monday.
— Robert Kiyosaki (@theRealKiyosaki) March 10, 2023
“When banks collapse, gold and silver fly”
The crisis oracle, writing on Twitter on March 10, recommended buying real gold and silver instead of ETFs in preparation for the potential collapse of the third bank. He also warned against investing in stocks, bonds and mutual funds and instead recommended Bitcoin, gold and silver as safe investment options:
The Two Big Banks collapsed. Now is the time to BUY real gold and silver. Do not buy ETFs. When banks turn to gold and silver, the price skyrockets. I predicted it would crash days before 2008 Lehman crashed on CNN.
Robert Kiyosaki expects these levels in gold, silver and BTC price
For some time now, Kiyosaki has consistently recommended investing in precious metals. The bankruptcy of Lehman Brothers in 2008 was a defining moment for the global financial crisis, and Kiyosaki’s warning of a potential third bank bankruptcy raised concerns among investors and experts. In terms of price prediction, Kiyosaki predicts that the price of gold will reach $5,000 in February and silver will reach $500 by 2025.
As for Bitcoin predictions, Kiyosaki predicted that Bitcoin will reach $500,000 on the same days. The seasoned investor predicts that the US dollar will weaken and describes Bitcoin as the “people’s dollar”.
Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin people’s $. Take care.
— Robert Kiyosaki (@theRealKiyosaki) February 13, 2023
The collapse of Silicon Valley Bank and Silvergate Bank has also raised questions about the future of Credit Suisse, the crypto-friendly investment bank whose fate remains uncertain. Investors are watching closely, as economic uncertainty reigns and fears of a possible financial collapse. As Kriptokoin.com, we have included other banks that show potential bankruptcy signs in this article.
Why BTC, gold and silver?
Kiyosaki’s warning comes at a time when the world economy is already reeling from the impact of the COVID-19 pandemic and more bank collapses could worsen the situation. The precious metals market is expected to see significant growth in the coming days as investors increasingly turn to safe-haven assets such as gold and silver.
As the future of the US financial system remains uncertain, experts advise investors to be cautious and diversify their portfolios to reduce risks. As the situation unfolds, investors and experts will be watching the market closely, and Kiyosaki’s warning will no doubt raise growing concerns surrounding the US financial system.
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