According to the famous author, the upcoming crash will entail significant losses for many people, including "sophisticated" investors. By comparing bonds to what he considers safer assets, namely gold, silver, and Bitcoin, Kiyosaki urges investors to re-evaluate their confidence and where they should put their capital.
"As they say in Hawaii: 'Aloha.' It's best to stick to safer real assets like gold, silver, and #Bitcoin." Aloha," Kiyosaki remarked. Last month, #Kiyosaki cited financial analyst Harry Dent's gloomy prediction of an impending "everything" collapse. Dent predicts that the Baby Boomer generation will be greatly affected, with home values falling and the S&P 500 crashing by 80%.
Dent also predicts that #Bitcoin could fall as low as $200 per coin. Meanwhile, Kiyosaki saw this potential decline as an opportunity and expressed enthusiasm to buy Bitcoin at such a low price. He believes that those who have these assets, those who are prepared, will emerge as multi-millionaires or even billionaires.
Whether Dent's predictions come true or not, Kiyosaki reiterated that investing in gold, silver, and Bitcoin will be profitable in the long run.
In summary, #Robert Kiyosaki's latest statements are a serious warning to investors about the potential risks associated with bonds. He calls for a shift towards safer assets, namely gold, silver, and Bitcoin. As the financial landscape evolves, Kiyosaki's insights offer valuable guidance for those looking to protect their investments.
