Robert Kiyosaki, author of the best-selling financial book (Rich Dad, Poor Dad), warned that the stock market crash is imminent and the "everything bubble" is about to burst. Even gold, silver and Bitcoin will not escape the fate of falling, triggering a global economic recession. , also said that "Bitcoin may plummet to US$5,000" and "then rebound to US$100,000 to US$250,000."
Robert Kiyosaki shared his thoughts on the U.S. economy, gold, Bitcoin, and market trends in a lengthy post on social media platform X over the weekend. He said that gold prices have hit record highs this year, but this is not a good sign, but means that investors are pessimistic about the economic outlook, so they are turning to defensive assets.
Robert Kiyosaki predicts that the stock market will soon usher in a big crash: "The stock market has been hovering at high levels for too long, and I think a big crash is coming."
This is not good news for those who don’t have gold, silver, or Bitcoin on hand.
Facing the "imminent" financial crisis, Robert Kiyosaki advises investors to be fully prepared. By studying, joining investment clubs, and looking for cheap assets after the crash, they can become investors when a new bull market begins. Wealthier investors.
In a follow-up post, Robert Kiyosaki also warned:
"The Everything Bubble" caused by massive money printing after the 2008 financial crisis will evolve into "The Everything Crash", when all assets will collapse, including gold, silver and Bitcoin.
He described the crash as being like a volcanic eruption that would have a devastating impact on most people and even trigger a global economic depression similar to 2008.
Although the outlook may seem bleak, Robert Kiyosaki believes that investors who are prepared will ultimately benefit.
When the bubble of all things bursts, those who can prepare for a rainy day will make a fortune. I plan to be one, and I hope you will too.
"Take Bitcoin, for example, it could plummet to $5,000 but then rebound to $100,000 to $250,000," he added.
Robert Kiyosaki revealed that he will buy heavily when the price of assets such as Bitcoin plummets, while encouraging everyone to keep their strategies simple and stressing that "the best time to get rich is coming."
"Prediction that the "Everything Bubble" will burst! Robert Kiyosaki: Bitcoin will fall to $5,000 and hit “sky-high prices” again. This article was first published on (Block Guest).
