Robert Kiyosaki Says End of Fake Money Is Here — Shares 3 Lessons to Help Investors Amid Market Crashes

Robert Kiyosaki Says End of Fake Money Is Here — Shares 3 Lessons to Help Investors Amid Market Crashes

After predicting the largest crash in world historical past, Robert Kiyosaki, the well-known creator of the best-selling e-book Rich Dad Poor Dad, says the “finish is right here” for pretend cash. He reiterated three classes that may assist traders “do nicely in market crashes.”

Robert Kiyosaki on the End of Fake Money

The creator of Rich Dad Poor Dad, Robert Kiyosaki, shared a few of his views and funding classes in a few tweets this week. Rich Dad Poor Dad is a 1997 e-book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the e-book have been bought in over 51 languages throughout greater than 109 nations.

Kiyosaki tweeted on Tuesday explaining why he thinks the tip of “pretend” cash has arrived. The well-known creator wrote:

End is right here. Called Jerry Williams, my trusted gold and silver supplier. He stated: ‘I can’t get gold or silver cash. The mint won’t promote me anymore.’ To me, this implies the tip of pretend $ is right here.

He proceeded to reiterate his silver suggestion. “As acknowledged in earlier tweet silver going to $100 to $500. Get some. Protect your self,” he wrote. His recommendation adopted one other assertion he made not too long ago that gold is pricey, calling silver the very best funding worth at the moment.

Kiyosaki beforehand defined that when President Richard Nixon eliminated the U.S. greenback from the gold normal in 1971, “the U.S. greenback grew to become pretend cash.” He clarified that “This is as a result of slightly than being tied to actual cash,” similar to gold, “it was tied to the ‘full religion and credit score’ of the United States.”

In a tweet on Thursday, the famend creator reminded traders of some classes. “In Rich Dad Poor Dad, I acknowledged Rich Dad’s 3 classes,” he described, elaborating:

1: Your home just isn’t an asset. 2: Savers are losers. 3: The wealthy don’t work for $.

“The wealthy are entrepreneurs who don’t want a job,” he added, noting that these folks “create jobs, create [their] personal belongings, and do nicely in market crashes.” He then emphasised that “2022 is your time to get richer.”

Last week, Kiyosaki urged folks to “invest in real money,” naming gold, silver, and bitcoin. He careworn that the Federal Reserve “elevating rates of interest will destroy the U.S. economic system.”

Kiyosaki has repeatedly warned that the biggest crash in world historical past is coming. In April, he stated all markets are crashing.

He not too long ago urged his mailing checklist subscribers to purchase cryptocurrency now, forward of the largest crash in world historical past. The well-known creator has acknowledged for a number of months that he’s ready for the value of the cryptocurrency to backside out earlier than getting in. He not too long ago stated he was in a cash position able to buy BTC, suggesting at one level that the value of the crypto might test $1,100.

What do you consider the warnings and recommendation by Robert Kiyosaki? Let us know within the feedback part beneath.

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