Rich Dad Poor Dad’s Robert Kiyosaki Changes His Mind About Treasury Bonds — Says ‘Time to Open My Closed Mind’

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, says it’s clip to unfastened his closed caput aft listening to economist Harry Dent. He is present buying 2-year U.S. Treasury bonds contempt repeatedly saying helium does not put successful thing printed by the Federal Reserve oregon Wall Street.

Robert Kiyosaki Influenced by Harry Dent, Buys Treasury Bonds

The writer of Rich Dad Poor Dad, Robert Kiyosaki, is opening his “closed mind” and buying 2-year U.S. Treasury bonds aft listening to economical forecaster Harry Dent.

Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted Tuesday:

Opening my closed mind. I don’t put successful things Fed oregon Wall Street print. Time to unfastened my mind. After listening to Harry Dent, I americium buying U.S. Treasury 2-year bonds.

His tweet drew overmuch criticism. Some radical noted that Harry Dent has been saying the aforesaid happening for years. Another reminded the celebrated writer that Dent does not urge 2-year Treasury bonds, pointing retired that the economical forecaster said helium prefers longer-term bonds, specified arsenic 20 oregon 30 years.

Some radical questioned Kiyosaki’s determination to put successful low-yield bonds. “Why would 1 bargain a 3% output Treasury erstwhile existent ostentation is inactive implicit 17%? Additionally, Treasuries, similar each insubstantial assets, are tied to the dollar, and the ongoing paradigm displacement is the END of dollar hegemony. IMO, instrumentality to your archetypal and ongoing proposal of carnal golden and silver.”

Kiyosaki’s Wednesday tweet besides mentioned a prediction by Jim Rickards, the writer of the nationalist bestseller titled “Currency Wars: The Making of the Next Global Crisis.” The Rich Dad Poor Dad writer wrote:

Jim Rickards is calling for the biggest clang successful past to hap Sept. 21, 2022.

A fig of radical connected Twitter commented connected Rickards’ predictions. “Jim Rickards has been calling for the biggest clang successful past each week for years,” 1 replied to Kiyosaki. Another stressed: “To telephone retired a clang by an nonstop forecasted day is exclusively hype-driven amusement aimed to play connected the emotions of novice influential investors.”

A 3rd idiosyncratic commented that the Federal Open Market Committee (FOMC) is gathering connected Sept. 21 and Federal Reserve Chairman Jerome Powell volition apt rise involvement rates again. Noting that Powell volition astir apt rise rates “more than the marketplace expects,” the Twitter idiosyncratic suggested that Sept. 22 “has a amended accidental arsenic clang day.”

Kiyosaki has been saying for years that helium does not spot the Federal Reserve, the U.S. Treasury, and the Biden administration. He said successful May that the U.S. is led by The Three Stooges: Biden, Treasury Secretary Janet Yellen, and Fed Chair Powell.

The celebrated writer precocious mocked President Joe Biden implicit his zero ostentation claim, stating: “I deliberation Joe is talking astir his fiscal IQ.” Kiyosaki antecedently cautioned that ostentation whitethorn pb to Greater Depression.

He warned successful February that the Federal Reserve and the Treasury are “destroying the dollar, sending billions of dollar savers and uninformed to fiscal hell,” advising investors to bargain gold, silver, and bitcoin. The Rich Dad Poor Dad writer has besides been saying that helium is waiting for BTC to bottommost retired to bargain some. He revealed past period that helium is successful cash position waiting to bargain the cryptocurrency.

In July, helium said metallic is the best concern value, noting that gold’s terms is implicit $1,700 but for $25 you tin bargain a metallic coin. “Silver is an concern precious metal. Gold is not,” helium emphasized. Kiyosaki besides warned of the biggest enslaved clang since 1788, adding that helium is “buying much gold, metallic now, and waiting for bitcoin to spell lower.”

What bash you deliberation astir Robert Kiyosaki changing his caput astir investing successful Treasury bonds aft listening to economist Harry Dent? Let america cognize successful the comments conception below.