Famous businessman and author Robert Kiyosaki has once again drawn attention to the financial market with his bold statements regarding future investment trends. He warns of major investors exiting stocks and shifting their assets into gold, silver, and Bitcoin.
Flight to Safety: Gold, Silver & Bitcoin
Robert Kiyosaki highlights that major investors like Warren Buffett and Jim Rogers have begun selling off stocks and bonds, converting their investments into cash and silver. While the reasons for this move remain unclear, Kiyosaki suggests that such actions could prove regrettable in the future. He emphasizes the importance of investing in assets that increase in value over time, particularly Bitcoin, which has seen its price rise to 119,190.46 dollars in recent days.
America’s Debt Spiral: Are We Heading Toward Another 1929 Crash?
Kiyosaki expresses concerns about the growing debt burden in the U.S., high inflation, and excessive government spending, which he believes could trigger another crisis similar to the one in 1929. He recalls how the 1929 crash was caused by excessive indebtedness and unrealistic optimism, which led to a market bubble. In the current climate, with interest rates climbing to 4.25-4.5%, Kiyosaki advises investors to focus on safe assets such as gold and Bitcoin.
Kiyosaki's Critique of Fed Policies: What's Next?
Kiyosaki indirectly critiques the leadership of Fed Chair Jerome Powell, claiming that his decisions regarding America's financial security have plunged the country into significant debt. He argues that raising interest rates and printing money as needed do not contribute to long-term stability. Kiyosaki urges individuals to be more discerning and convert their funds into valuable assets.
Robert Kiyosaki confidently advocates for Bitcoin as a safeguard for investments, distinguishing it from traditional assets like gold and silver. He advises investors to avoid the mistakes made by major market players and to be vigilant about the economic situation in the country.
