Rich Dad Poor Dad author Robert Kiyosaki has reiterated his concerns about the U.S. economy, predicting investor losses amidst bank failures and a global economic crash. “For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing,” he stressed.
Robert Kiyosaki Sees No Soft Landing
Rich Dad Poor Dad author Robert Kiyosaki has doubled down on his economic warning. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author wrote on social media platform X Wednesday: “Bail Out, Bail Out, Bail Out: In U.S. Navy Flight School, student pilots learn how to fly and how to crash their plane. Financial losers will lose money because they do not know what to do with their money as banks fail and world economy crashes.” He stressed:
For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing.
“Unfortunately the world of fake money is crashing and gold, silver, and bitcoin are parachutes for your personal soft landing,” he added. The famous author has repeatedly cautioned about the end of fiat currencies, including the U.S. dollar, which he calls “fake money.” In contrast, he calls gold and silver “God’s money,” whereas bitcoin is “people’s money.”
Last week, he predicted that stock and bond markets are about to crash. He has also warned that our leaders will drive the U.S. economy into a depression and another war. The renowned author said in December last year that the next crash may turn into a depression.
Kiyosaki has long been recommending bitcoin alongside gold and silver. He recently said BTC protects against theft by the Federal Reserve, the Biden administration, and Wall Street bankers. He believes the cryptocurrency will soon hit $150K, advising investors to pay attention to the upcoming Bitcoin halving.
