Besides Bitcoin hitting the ATH at 81K, the financial market is buzzing with Robert Kiyosaki’s new warning about a major banking crash. The Rich Dad Poor Dad book author is known for his unfiltered advice, as he has often talked about achieving financial independence. More importantly, he has advised others to create wealth, but not in the currency that the government controls. He believes in wealth by investing in real assets like Gold, Silver, and BTC. Now, he has made his final warning about the upcoming banking crisis, claiming that only a little time is left. However, he has also unveiled a possible solution to survive this economic crisis.
Robert Kiyosaki Claims The Banking Crash Has Began
With a recent X post on November 10, the 73-year-old financial advisor has brought everyone’s attention to the Banking crash. In the post, Robert Kiyosaki claimed that the Banking crisis, which he and his buddies like Jim Rickards, Jim Rogers, and Ray Dalio had predicted, had already begun. However, he did not just stop there and talk about what the readers could do to earn from this crash in place of panic.
FYI: As I have stated in my books and pod casts: “crashes are when the rich get richer.” The 2008 GFC…. Giant Financial Crisis made me an extremely rich man. In 2008, the best real estate went on sale, all over the world….and some of you know my favorite four-letter word…
— Robert Kiyosaki (@theRealKiyosaki) November 10, 2024
If Robert’s prediction comes true, this is not the first time the financial industry will witness a setback. However, Robert Kiyosaki claims this is the biggest market crash, which would not spare any financial entity, including Banks, Crypto, Bonds, stocks, and everything else. However, he revealed that people like him await this moment as this is the opportunity to become rich.
Many of the followers agreed with Robert’s Banking crash prediction. One even referenced the 2024 Risk Review report, claiming that the U.S. banks’ unrealized losses are 7X higher than the 2008 Financial crisis. More importantly, in the last five years, 15 major US banks have failed, with five collapsing in 2023 alone, and many are still on the verge of the same this year, concerning everyone.
Crashes Are When Rich Gets Richer
Till now, Robert Kiyosaki has mentioned multiple times that the market downfall or crash is an opportunity, as at this time, all the investors get the golden opportunity to buy at a low and sell when the price grows. More importantly, he revealed that these crashes made him rich, especially the 2008 Global Financial Crisis (GFC), which built him a fortune in the Real estate business. However, for this Banking crisis, the approach is different. Instead of real estate, he believes real assets like Silver, Gold, and Bitcoin are the solution.
As I have stated in my books and podcasts: “crashes are when the rich get richer.” The 2008 GFC…. The financial crisis made me an extremely rich man. In 2008, the best real estate went on sale, all over the world….and some of you know my favorite four-letter word is “Sale.
Through another X post, he has requested his followers not to miss this giant Banking crash, as it is just a major sale and an opportunity to grow richer.
Investing In Silver Is The Solution
Along with this warning, Robert Kiyosaki also shared the solution to this economic crisis, calling Silver the solution. He has been endorsing these assets for years now and explained the cheapest way to make profits now is the Silver investment, as it is down by 50% from its ATH and only costs $30. However, it might grow twice or thrice once the crisis settles down.
Other than this, Bitcoin also fits well with this situation, but that is with a higher budget. Kiyosaki revealed that he owns 73 BTC and wants to increase it to 100 BTC. More importantly, he asked the netizens to stock up on this without waiting for the price to drop, as it is a highly profitable asset for long-term holding. The current Bitcoin price performance confirms this, as it has achieved an ATH of $81K, showcasing its potential.
Overall, Robert Kiyosaki has asked his investors not to be losers but opportunists who will take advantage of the Banking crash instead of fearing it. He asked the netizens to consider taking it as an opportunity as he did in 2008, which made him rich. In the end, he mentioned that he did not need to get any richer, but he would not miss this sale, and neither should his followers.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.
As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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