April 19, 2024

Robert Kiyosaki urged to invest in bitcoin in anticipation of the economic crisis

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Robert Kiyosaki called for investing in Bitcoin in anticipation of an economic crisis

The author of the best-selling book “Rich Dad Poor Dad” came out in support of the first cryptocurrency and predicted the collapse of the American economy.

Robert Kiyosaki oftenrepeats that the American and global economies have difficult times ahead. Therefore, an experienced investor encourages people to invest in precious metals and Bitcoin to protect against inflation and preserve savings. This time referring to the collapse of several large American banks.

“The beginning of the crisis!Authorities are printing more fiat money to prop up the ailing economy. And I repeat my advice: buy gold, silver and bitcoin. Take care, there will be a hard landing soon. Two large banks have already gone bankrupt and a third is on the way. Buy real gold and silver coins, not ETFs! When the third bank collapses, gold and silver will skyrocket. Remember that in 2008 I predicted the collapse of Lehman Brothers before it went bankrupt,” the writer said.

Kiyosaki previously said that investors are payingWith too little attention on silver, the asset is significantly undervalued. Andy Schectman, president of the investment company Miles Franklin, agrees with him.

“For years I have been saying that keeping cash andinvesting even in a well-diversified portfolio, with bonds, stocks, mutual funds and ETFs, is risky. And now it is very risky. “I believe that gold, silver and Bitcoin are the best bets in uncertain times, although the prices of these assets will be volatile,” Kiyosaki warned.

Back in September last year, the author of “Rich Dad Poor Dad” said that world markets are ready to collapse and it is necessary to invest in cryptocurrencies.