Robert Kiyosaki Predicts a Massive Financial Collapse, Sees Bitcoin Reaching $1 Million

robot
Abstract generation in progress

Robert Kiyosaki warns that the financial apocalypse has arrived, urging people to escape the collapse of fiat by using bitcoin, gold, and silver before hyperinflation devastates savers worldwide. Fiat is 'toilet paper': Robert Kiyosaki urges to get out of Bitcoin and hard assets immediately Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has issued one of his most severe economic warnings, stating that the global financial system has entered its final stage. His book, which has sold millions of copies and has been translated into dozens of languages worldwide, has established him as a leading voice in financial education. Now, he says the crisis he has long predicted is no longer in the future — it is here. Kiyosaki shared on social media platform X on May 21: THE END has come... The party is over. Hyperinflation has arrived. Millions of people, young and old will be wiped out financially. Good news. Gold will rise to $25,000. Silver will rise to $70. Bitcoin will rise to $500,000 to $1 million. A famous author has pointed out that a recent auction of US bonds has failed. "The Fed held a US bond auction, and no one showed up. So, the Fed quietly bought 50 billion dollars of its own fake money with fake money," he said. Kiyosaki described this move as confirmation that trust in the dollar is fading, and that the system is currently devouring itself. "THE END that I warned the world about is HERE. God have mercy on our souls," he wrote. On May 20, Kiyosaki strongly criticized the long-standing claim of the financial industry that U.S. bonds are safe, calling it a "blatant lie." He emphasized: "Lesson: Nothing is safe if there is 'counterparty risk.'" He criticized financial advisors for misleading clients, comparing the trust in fiat and institutional finance to trusting a known criminal to hand over their child. Instead, the famous author has continued to urge people to get out of paper assets and embrace tangible stores of value: “As you know, I have been continuously urging people to buy real gold, silver, and bitcoin… not ETFs. ETFs are overpriced toilet paper.” He continued: Gold, silver, and bitcoin are money. Everything else is toilet paper. That’s why I have said for many years… 'Those who save (toilet paper) are losers.' For many years, Kiyosaki has warned that the U.S. economy is on the brink of collapse, propped up by debt, manipulation, and what he calls "fake money." He continues to urge people to prepare by holding bitcoin, gold, and silver — not fiat, not bonds, and not to trust the system.

BTC-1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)