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- Robert Kiyosaki predicts about all markets that “Millions will be wiped out.”
- He includes the market of real-estate, stocks, gold, silver and bitcoin.
The well-known American businessman and author, Robert Kiyosaki, predicts about the all market crash. He referenced his previous prediction of a bigger crash than the 2008 financial crisis by adding, “crash is here and millions will be wiped out.”
Kiyosaki’s Market Prediction
Robert Kiyosaki came with his new market prediction. He warned that all markets will crash. On his Twitter account, he shared that “all markets are crashing: real estate, stocks, gold, silver, bitcoin. Middle class wiped out by higher oil inflation.”
He began his tweet by referencing his book titled “Rich Dad’s Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming… And How You Can Prepare Yourself and Profit From It!” He elaborated that 2008 was a great time to be rich since everything “went on sale.”
He requests his two million followers to not be one of those who will be wiped out. He added that it is the time for them to “get richer.” However, last week he stated “It’s not what’s in your wallet … It’s what’s in your head,” emphasising: “Change what’s in your head first… then get richer.”
Kiyosaki previously predicted the market crash on several occasions. As he predicted the biggest bond crash after 1788, by adding stocks and bonds are crashing. Additionally he concerned that inflation may lead towards the Greater Depression.
However, he revealed that after listening to economist Harry Dent, he changed his mind on treasury bonds. He was recommending investors to buy silver, gold, and bitcoin for quite some time as the U.S. dollar is lacking. He also stated in July that silver was the best investment value at present.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
