This week, Robert Kiyosaki stunned many people by tweeting that “the biggest (financial) crash in the world” is just around the bend. In addition to voicing his worries about the current state of the financial markets, Kiyosaki used the occasion to explain how one could profit during the upcoming crash: by purchasing more Bitcoin(BTC).
Kiyosaki has advocated for asset classes that the Fed cannot directly manipulate since as early as May 2020.
The prices for Gold, silver, and Bitcoin commonly referred to as “safe haven” assets — would continue to fall as the US dollar strengthens. Thus, confirming their worth after the “FED pivots” and lowers the interest rates.
Robert Kiyosaki, the author of Rich Dad, Poor Dad, also backs a terrible forecast regarding the US dollar, claiming that the USD will crash in a matter of months, probably January, 2023 with the recent market meltdowns.
Noting that crashes are great times to get rich, the author advises that it is the best time to go on an investment spree!
Another tweet from the well-known author expressed his anticipation: “Will U.S. dollar follow English Pound Sterling? I believe it will.”
“I believe U.S. dollar will crash by January 2023 after Fed pivots”, adding he “will not be a victim of the F*CKed FED.”
“When Fed pivots and drops interest rates … you will smile while others cry” Kiyosaki noted.
Kiyosaki emphasised the necessity to invest in digital assets now in a letter he sent to his mailing subscribers in September so they may earn astronomical returns in the long run “It’s not enough to WANT to get into crypto […] Now is the time you NEED to get into crypto, before the biggest economic crash in history.”
Also Read: Rich Dad, Poor Dad Author Advises Buying Bitcoin Amid Fed Rate hikes
