💥💥💥 Renowned investor Robert Kiyosaki, author of the best-selling book #RichDadPoorDad, issued a stark warning on X on July 3 evening. According to Kiyosaki, technical analysis indicates that the world could be on the brink of experiencing what he calls the "largest crash in history," foreseeing significant declines across various asset classes such as stocks, real estate, commodities, and #Cryptocurrencies like #bitcoin☀️ (BTC).
Kiyosaki's cautionary outlook reflects his persistent belief that the current financial system is fragile and vulnerable to a major downturn. While other experts have also mentioned potential economic challenges, including concerns about an artificial intelligence-driven bubble, Kiyosaki is particularly critical of fiat currencies. In his July 3 statement, he drew parallels between current fiat systems and historical examples of currency failures, citing the Weimar Republic's Reichsmark and the Zimbabwe dollar, both notorious for severe instability and hyperinflation.
Despite his somber assessment, Kiyosaki offered a glimmer of optimism. He believes that although a significant crash may loom, a substantial recovery will eventually follow. Kiyosaki maintains a positive stance on assets such as Bitcoin, gold, and silver, predicting significant gains for investors who remain committed.
Looking ahead, Kiyosaki remains hopeful about the potential for these assets to appreciate in value. He speculates that Bitcoin could potentially reach $10 million per coin, with gold possibly rising to $15,000 per ounce and silver reaching around $110 per ounce. Currently, Bitcoin is trading at $58,077, gold at $2,355, and silver at approximately $30.
