Robert Kiyosaki Continues to Criticize the Federal Reserve
In his ongoing critique of the economy and financial markets, bestselling author Robert Kiyosaki expresses his pessimistic views about the Federal Reserve. He believes that the Fed is responsible for undermining the economy. In a recent post on X (formerly Twitter), Kiyosaki urges investors to explore non-traditional investment assets instead of “fighting the Fed.” He advises investing in assets like gold, silver, and Bitcoin.
Betting on Bitcoin
Kiyosaki consistently advocates for placing faith in assets such as gold, silver, and Bitcoin instead of relying on the Fed. He warns that gold is poised to crash below $1,200 and highlights banks’ preference for the precious metal over US debt. Kiyosaki believes that silver and Bitcoin will “take off,” although he admits to having no knowledge about Bitcoin. He predicts a collapse of the US dollar and compares the current state of the American economy to the fall of the Roman Empire.
Possible Market Crash Ahead
Kiyosaki warns investors to prepare for a potential market crash. He predicts a 70% plunge in the S&P 500 index, which he calls the “biggest crash in history.”
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