The world of finance is in a state of flux, and Rich Dad Poor Dad author Robert Kiyosaki has been warning of a looming economic collapse. Following the collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank, Kiyosaki has warned that another bank is set to crash.
Kiyosaki has been a long-time advocate of investing in gold and silver, and he recently tweeted that investors should buy real gold and silver coins now, rather than exchange-traded funds (ETFs). He believes that when the third bank goes, the prices of gold and silver will skyrocket. He has also recommended bitcoin, referring to it as “people’s money” and predicting that its price will reach $500,000 by 2025.
Kiyosaki has warned of bank runs, frozen savings, and bail-ins, and he believes that we are in a global recession. He has predicted soaring bankruptcies, unemployment, and homelessness.
It remains to be seen whether Kiyosaki’s predictions will come true, but it is clear that the world economy is in a precarious state. Investors should be aware of the risks and take steps to protect their assets. What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s predictions and do you think another bank is about to collapse? Let us know in the comments section below.