Robert Kiyosaki, author of 'Rich Dad Poor Dad', recently made a stark statement about the global financial system in a post on platform X, warning against the common belief that bonds are safe investments.
Bonds Under Pressure
Kiyosaki criticized financial advisors for misleading investors by promoting bonds as low-risk assets. He stated that "nothing is safe during a market crash" and pointed to Moody's downgrade of U.S. bonds as a signal that even traditionally strong assets are under pressure.
Alternative Investment Options
Kiyosaki mentioned that he has been stockpiling physical gold, silver, Bitcoin, oil, and even cattle over the years. He believes these physical and decentralized assets can provide shelter and income during an economic downturn. He noted a rising tendency in Asia for purchasing gold, predicting increased demand in 2025, especially in China and India.
Market Outlook
Kiyosaki likened current economic warning signs to those preceding the Great Depression, urging individuals to evaluate their financial strategies. He predicts Bitcoin could reach $1 million by 2030, viewing it as a better alternative to traditional assets. Kiyosaki also cautions against the instability of fiat currencies and ETFs during financial crises.
In conclusion, Robert Kiyosaki's message serves as a reminder for investors to carefully reevaluate their portfolios amid the looming financial pressure.
