Robert Kiyosaki Warns Another Bank Is Set to Crash
Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has recently warned that another bank is set to collapse following the shutdown of Silicon Valley Bank by regulators and the voluntary liquidation of Silvergate Bank.
He also cautioned that the world economy is on the verge of collapse, warning of bank runs, frozen savings, and bail-ins. Kiyosaki’s predictions have raised concerns among investors who fear a looming financial crisis.
Collapse of two major banks
The author has stated that two major banks have already crashed, and he predicts that a third bank is about to fail. Regulators shut Silicon Valley Bank down on Friday, and Silvergate Bank announced voluntary liquidation on Wednesday.
Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com. Will be on Neil Cavuto on FOX on Monday.
— Robert Kiyosaki (@theRealKiyosaki) March 10, 2023
Kiyosaki has consistently advised purchasing gold and silver coins rather than exchange-traded funds (ETFs), stocks, bonds, and mutual funds. He believes gold and silver prices will increase dramatically once the third bank fails.
Kiyosaki’s predictions
The author has made several predictions regarding the price of gold and silver. He stated that the price of gold would surge to $5,000 and silver would reach $500 by 2025. He also projected that the price of gold would reach $3,800 and silver $75 this year. Kiyosaki has previously recommended investing in Bitcoin, which he called “people’s money.” He predicted that the price of BTC would reach $500,000 by 2025.
World economy on the verge of collapse
Kiyosaki’s warning that the world economy is on the verge of collapse has also garnered attention. He stated that bank runs, frozen savings, and bail-ins are imminent. His predictions have alarmed investors who are looking for ways to protect their assets. The author has also cautioned that a global recession is underway, with soaring bankruptcies, unemployment, and homelessness.
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Conclusion
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that another bank is set to collapse following the shutdown of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. His predictions regarding the economy, gold and silver prices, and the future of Bitcoin have raised concerns among investors. While some may view his predictions as overly pessimistic, others take his advice seriously and take steps to protect their assets.
Andrey Kunev
Reporter at CoinsPress
Andrey Kunev is a knowledgeable cryptocurrency content creator passionate about the crypto market. With extensive experience in market analysis and investment reporting, Andrey is a valuable asset to the CoinsPress team. As a frequent contributor, he offers insightful and comprehensive coverage of market trends, price fluctuations, and new advancements in cryptocurrency. Whether you're a seasoned investor or just getting started, Andrey's clear and concise writing offers a comprehensive look at the current state of the crypto market and its prospects. Stay up-to-date with CoinsPress's expert analysis and commentary on all things cryptocurrency.
