Robert Kiyosaki warns of an impending banking crisis, urging people to invest in real assets like gold, silver, and Bitcoin to protect their wealth.
The financial market is abuzz with Robert Kiyosaki’s latest warning regarding a significant banking collapse, in addition to Bitcoin surpassing the ATH at 81K. The author of the book Rich Dad Poor Dad is renowned for his candid advice, as he has frequently discussed the pursuit of financial independence.
More importantly, he has advised others to generate wealth, but not in the currency that the government regulates. He is a proponent of prosperity and invests in tangible assets such as gold, silver, and bitcoin.
He has now issued his final warning regarding the imminent banking crisis, asserting that there is only a limited amount of time remaining. Nevertheless, he has also disclosed a potential solution to the economic crisis.
Robert Kiyosaki Claims The Banking Crash Has Began
The 73-year-old financial advisor has directed the public’s attention to the banking collapse with a recent X post on November 10.
Robert Kiyosaki asserted in the post that the banking crisis, which he and his colleagues Jim Rickards, Jim Rogers, and Ray Dalio had foreseen, had already commenced. Nevertheless, he did not merely halt at this point and discuss the potential for the readers to profit from the collapse in lieu of panic.
FYI: As I have stated in my books and pod casts: “crashes are when the rich get richer.” The 2008 GFC…. Giant Financial Crisis made me an extremely rich man. In 2008, the best real estate went on sale, all over the world….and some of you know my favorite four-letter word…
— Robert Kiyosaki (@theRealKiyosaki) November 10, 2024
If Robert’s prediction is accurate, this will not be the first instance of a setback in the financial industry. Nevertheless, Robert Kiyosaki asserts that this is the most significant market collapse to date, and it would affect all financial entities, including banks, crypto, bonds, stocks, and everything else.
Nevertheless, he disclosed that individuals such as himself eagerly anticipate this moment, as it presents an opportunity to accumulate wealth.
Robert’s prediction of a banking collapse was endorsed by a significant number of his followers. One individual even cited the 2024 Risk Review report, asserting that the unrealized losses of U.S. banks are seven times greater than those of the 2008 Financial Crisis.
The failure of 15 major US institutions in the past five years, with five of them collapsing in 2023 alone, is a matter of concern for all, particularly given that many are still on the brink of doing so this year.
Robert Kiyosaki has repeatedly stated that the market collapse or downturn is a golden opportunity, as it presents all investors with the opportunity to purchase at a low price and sell when the price increases.
More importantly, he disclosed that these disasters had a significant impact on his wealth, particularly the 2008 Global Financial Crisis (GFC), which enabled him to accumulate a substantial fortune in the real estate industry.
Nevertheless, the strategy for this banking crisis is distinct. He is of the opinion that actual assets, such as Bitcoin, Gold, and Silver, are the solution, rather than real estate.
As I have stated in my books and podcasts: “crashes are when the rich get richer.” The 2008 GFC…. The financial crisis made me an extremely rich man. In 2008, the best real estate went on sale, all over the world….and some of you know my favorite four-letter word is “Sale.
He has requested that his followers not overlook this monumental banking collapse in another X post, as it is merely a significant sale and an opportunity to increase their wealth.
In addition to this cautionary tale, Robert Kiyosaki also disclosed the solution to this economic crisis, which he referred to as “Silver.”
He has been advocating for these assets for years and has stated that the most cost-effective method of generating profits at this time is to invest in Silver, which is currently priced at $30, a 50% decrease from its all-time high. Nevertheless, it is possible that it will increase by two or threefold after the crisis has subsided.
Additionally, Bitcoin is compatible with this scenario; however, it necessitates a more substantial budget. Kiyosaki disclosed that he currently possesses 73 BTC and intends to augment it to 100 BTC.
More importantly, he advised the netizens to accumulate this asset without waiting for its price to decrease, as it is a highly profitable long-term investment. This is corroborated by the current performance of the Bitcoin price, which has reached an all-time high of $81K, thereby demonstrating its potential.
In general, Robert Kiyosaki has advised his investors to avoid being losers and instead to be opportunists who will capitalize on the banking collapse rather than be apprehensive about it.
He urged the netizens to view it as an opportunity, as he did in 2008, which resulted in his financial success. In the end, he stated that he did not require any additional wealth, but he would not miss this sale, and neither should his adherents.
