Giant market crash is here – Robert Kiyosaki warns
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Robert Kiyosaki, an investor, entrepreneur, and author of the popular book “Rich Dad Poor Dad,” has declared that a giant market crash is imminent. However, he maintains a bullish stance on alternative assets, asserting that investing in Bitcoin is the solution. Kiyosaki attributed the imminent collapse to the reckless monetary policies of the US central bank, governments, and financial institutions. The author observed that the government’s actions only worsened the issue by issuing additional “fake money.” This, in turn, contributes to inflation, diminishes the purchasing power of fiat currencies, and increases the wealth disparity between the wealthy and the poor. GIANT MARKET CRASH here.Q: How can I be so bullish on gold, silver, and Bitcoin?A: Because the idiots running the Fed, Treasury, Banks, and Wall Strret only know how to print money, which makes things worse. FYI: When fake money is printed the rich, who own real assets get… — Robert Kiyosaki (@theRealKiyosaki) January 3, 2025 In addition to Bitcoin, Kiyosaki recommended that investors concentrate on accumulating gold and silver to alleviate the consequences of the forthcoming collapse. These assets have historically maintained their value and have even appreciated during periods of economic turmoil. Therefore, he emphasized his unwavering confidence in the value of Bitcoin and precious metals. He stated, “Save gold, silver, and Bitcoin.” What are the odds of a giant market crash? Following two consecutive blockbuster years with a remarkable 26% return in 2023 and 23% in 2024, will 2025 be the year the rally ends? Is there a possibility that the market could collapse, or will the good times continue? Brain Belski, chief financial strategist at BMO Capital Markets, answered this question by saying, “Bull markets can, will, and should slow their pace from time to time.” According to BMO Capital, the third year of a bull…
Filed under: News - @ January 4, 2025 1:23 pm