Kiyosaki Forecasts Historic Market Crash and Offers Advice on Protective Assets

Robert Kiyosaki, renowned for his book Rich Dad Poor Dad, forecasts a severe market downturn, describing it as the “biggest market crash in world history.” Kiyosaki, known for his investment insights, has recently shared his concerns about the current economic environment on social media.

Criticism of US Financial Leadership

In his announcement, Kiyosaki criticises U.S. Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Federal Reserve Chair Jerome Powell. He likens Powell and Yellen to characters from the comedic trio, “The Three Stooges,” and warns that a financial crash could benefit those who are well-prepared.

Investment Recommendations

To safeguard wealth against what he describes as detrimental policies from these financial institutions, Kiyosaki advocates for investing in gold, silver, and cryptocurrencies such as Bitcoin and Ethereum. He argues that these assets offer protection as they are not controlled by governmental financial policies.

Market Recovery and Investment Advice

Following Kiyosaki's endorsement, Bitcoin has regained some value, surpassing the $60,000 mark. He predicts that Bitcoin could potentially reach $170,000 by early 2025, though he also anticipates significant volatility in the interim. Kiyosaki emphasises the importance of conducting thorough research before investing in any asset, given the unpredictable nature of market trends.

Kiyosaki's predictions and investment recommendations may not account for the broader economic complexities and risks associated with such assets. As always, it is crucial for investors to approach his advice with a critical mindset and consider diverse opinions before making financial decisions.