Robert Kiyosaki Warns of ‘Biggest Bond Crash Since 1788’ – Waiting for Bitcoin to Be Purchased at Lower Markets and Prices Bitcoin News
Robert Kiyosaki, famous author of the bestselling Rich Dad Poor Dad, warned of “the biggest bond crash since 1788.” He stressed that the “real problem” is the bond market, which is “40 times bigger” than the stock market. He is waiting for the bitcoin price to drop further to buy some.
Robert Kiyosaki warns of a bond market crash
The author of Rich Dad Poor Dad, Robert Kiyosaki, has made several new predictions about the stock and bond markets. Rich Dad Poor Dad is a 1997 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 book have been sold in more than 51 languages in more than 109 countries.
The famous writer tweeted Friday:
The collapse of the US bond market. Biggest Bond Crash Since 1788… The Bond Market Is Bigger Than The Stock Market. I’m buying more gold and silver now, and I’m waiting for bitcoin to drop.
He also stressed that the real estate market in China is collapsing, noting that there are “more than 90 million vacant housing units in China.”
In a follow-up tweet, the Rich Dad Poor Dad author explained:
Losers watch the stock market. The real problem is in the bond market. The bond market is 40 times larger than the stock market. Please pay attention to bonds, not stocks. Big crash is coming.
He tweeted in April that bonds are the riskiest investment in the global meltdown. “Novice investors tragically follow the advice of a 60 (shares) mix of 40 (bonds) junior investors, he said, recommending investors buy gold, silver and bitcoin “as insurance against the fools who run the world.”
Kiyosaki has repeatedly warned about the collapse of the market and the state of the US economy. He warned this week that inflation could lead to a “greater depression,” noting that real estate is in a meltdown and foreclosures are up 700% from last year.
In April, he warned of hyperinflation and depression. As he has said repeatedly, we are in the biggest bubble in world history. In March, predicting that the US dollar was about to crash, he advised investors to buy Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Kiyosaki has said several times that he is waiting for Bitcoin to go down to buy more. Last month, he revealed that he is waiting for BTC price to test $1,100 before buying. Earlier this month, he said he was in a cash position to wait for deals, including BTC, as the asset price collapsed.
What do you think of Robert Kiyosaki’s predictions? Let us know in the comments section below.
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