Renowned author and investment analyst Robert Kiyosaki issued a striking warning about financial markets.
Kiyosaki, author of the book “Rich Dad Poor Dad,” claimed in a social media post that the world’s biggest economic collapse will occur this year.
Kiyosaki recalled that he predicted this collapse years ago in his book “Rich Dad’s Prophecy,” stating that the retirement savings of the Baby Boomer generation, in particular, would be wiped out and many people could become homeless due to economic hardship.
“This year will be the biggest crash in history. Baby Boomer retirements will be wiped out. Many Boomers will be homeless or living in their children’s basements,” Kiyosaki said, issuing important warnings to market followers.
Kiyosaki advocated for avoiding printed assets and suggested that investors turn to “real assets.” Reiterating his long-held adage, “Savers are losers,” the author argued that inflation was devaluing cash savings.
In his latest post, Kiyosaki highlighted silver and Ethereum, stating that these two assets are strong both as a store of value and in terms of industrial use:
“I think silver and Ethereum are the best options today because they are not only stores of value but also used in industry and their prices are still low.”
Kiyosaki, who urged investors to make decisions based on their own financial wisdom by researching the advantages and disadvantages of these assets, concluded his remarks with the words, “Get richer by increasing your own financial intelligence.”
*This is not investment advice.