Kiyosaki Reveals Three Assets to Protect Investments Against the “Everything Bubble”

Acclaimed “Rich Dad Poor Dad” author Robert Kiyosaki recently issued a warning to investors via his account on X, formerly known as Twitter. With a critical view of the current economic scenario, Kiyosaki advocates a precautionary stance in the face of a possible recession.

He highlights an “everything bubble” in the market, including stocks, bonds and real estate, all on the verge of a significant drop. According to him, the US debt, which grows by a trillion dollars every ninety days, signals an alarming path to bankruptcy.

In his statement, Kiyosaki not only diagnosed the problem but also offered solutions. He emphasizes the importance of portfolio diversification, suggesting that investors seek refuge in safer assets like precious metals and cryptocurrencies. Gold, silver and Bitcoin (BTC) were specifically mentioned as viable alternatives for protecting wealth in times of economic uncertainty.

Gold, traditionally recognized as a safeguard against inflation and currency devaluation, has been a constant recommendation of Kiyosaki. He sees the precious metal as a safer option compared to fiat currencies such as the US dollar. This recommendation gains strength as gold experiences an increase in value, breaking barriers and establishing new records above the US$2,000 level.

The EVERYTHING BUBBLE, stocks, bonds, real estate SET to CRASH. US debt increasing by $1 trillion every 90 days. US BANKRUPT. Save your self. Please buy more real gold, silver, Bitcoin.

— Robert Kiyosaki (@theRealKiyosaki) April 7, 2024

Kiyosaki also sees great potential in silver, classifying it as a “bargain” with potential for appreciation, especially given its use in various industries. On the other hand, Bitcoin is highlighted as a strong contender among cryptocurrencies, with Kiyosaki projecting that the digital currency could reach the $100,000 mark by 2024. Currently, Bitcoin is struggling to stay above $69,800, but with positive expectations especially due to the upcoming halving event.

Kiyosaki’s communication not only serves as a warning about imminent dangers in the financial market but also offers a way for investors to protect their assets. His advice highlights the importance of diversification into assets considered safer, such as precious metals and cryptocurrencies, in the face of an increasingly unstable global economy.

Disclaimer:

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.