Financial bestseller author Robert Kiyosaki, who wrote “Rich Dad, Poor Dad,” has been constantly warning that the United States is on the verge of collapse and that the stock and bond markets are about to crash. He urges people to invest in Bitcoin. In his latest prediction today, he believes that Bitcoin will reach $100,000 by June 2024.
Summary:
Rich Dad contradicts himself! From being bullish on gold to bearish: fears a 40% slump below $1,200… Will Bitcoin be next?
Background:
Rich Dad’s New Year warning: The American Empire will end, “war is coming”! Buy Bitcoin, gold, silver quickly…
At the end of last year, Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” warned multiple times that the US would collapse in 2024, the era of the US dollar would come to an end, and war would follow. He urged people to buy gold, silver, and Bitcoin to become wealthy in times of economic crisis.
Earlier this month, Robert Kiyosaki further explained in a tweet that the current US national debt exceeds $34 trillion, the highest in world history. The US can never repay this debt and will end up like the Roman Empire.
Today, Robert Kiyosaki made a bold prediction:
Last week, he slapped himself in the face by saying that gold would crash.
However, it is worth noting that although Robert Kiyosaki has been advocating for gold investment, he recently changed his stance and predicted that the current gold price, which is still above $2000, may fall below $1200. This flip-flopping of positions has led to ridicule from the community.
Although he still expects Bitcoin and silver to take off, he did not further explain why gold would experience a sharp decline. The next day, he posted again, stating, “I trust gold, silver, and Bitcoin more than I trust the Fed,” and fiercely criticized the Fed as a criminal organization that has destroyed the economy.
Further reading:
Rich Dad contradicts himself! From being bullish on gold to bearish: fears a 40% slump below $1,200… Will Bitcoin be next?
Warning: Stock and bond markets will crash
As for the future development of the US economy, Robert Kiyosaki mentioned earlier this month that while US stocks continue to rise, fools really believe that the US economy is strong. However, they should not be deceived because the stock market’s rise is supported by the seven technology giants funded by the US government. Investors should be cautious as the stock and bond markets are about to crash.
After the Securities and Exchange Commission (SEC) approved a Bitcoin futures ETF in January, Robert Kiyosaki predicted in mid-February that the price of Bitcoin would soon rise to $150,000. He also revealed that he had purchased five Bitcoins.
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