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“CRASH is here,” Kiyosaki tweeted on Friday. “Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more [in] 2023.” The author and entrepreneur added that Stansberry Research predicts a Valentine’s Day Massacre and warned that “Everything will crash including prices [of] gold, silver, [and] bitcoin.”
After the impending drop, the Rich Dad Poor Dad author believes the Federal Reserve will be forced to print billions to prop up markets, further expanding the nation’s debt and eroding the value of the dollar. Q: WHATIS WORSE THAN A GREAT DEPRESSION? A: a global recession. UNFORTUNATELY we are in GLOBAL RECESSION. Hang on. Rough landing for world. BAD NEWS Bankruptcy, Unemployment, Homelessness soar. Retirements toast. GOOD NEWS. Bargains everywhere. Gold, Silver, BC PRICELESS.“Unfortunately we are in a global recession,” he added. “Hang on. Rough landing for [the] world. BAD NEWS Bankruptcy, Unemployment, Homelessness soar. Retirements toast. GOOD NEWS. Bargains everywhere.
Kiyosaki is dreaming. At times dreams may come true.
Gold bugs need to find another selling point besides pending doom.
Kiyosaki is a bandwagon jumper. He follows buzz words , makes a book out of them then conducts tons of interviews an tries to convince everyone his books are true to bump sales.
This could be the case but gold and silver produce no income and gold has risen very strongly in the last 20 years