Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, has warned that stock, bond, and existent property markets volition clang arsenic the Federal Reserve continues to rise involvement rates. Noting that the Fed volition pivot, helium advises investors to bargain bitcoin.

Robert Kiyosaki Recommends Buying Bitcoin Before Fed Pivot

The writer of Rich Dad Poor Dad, Robert Kiyosaki, has advised investors to bargain bitcoin earlier the Fed pivots, reiterating that the Federal Reserve’s involvement complaint hikes volition destruct the U.S. economy. 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 aboriginal Saturday greeting that the prices of golden and metallic are plunging arsenic the Federal Reserve continues to rise involvement rates. He warned that complaint hikes volition termination the U.S. economy, cautioning that stock, bond, and existent property markets volition crash. He stressed that the Fed volition pivot, advising investors to bargain gold, silver, and bitcoin earlier the Fed pivot occurs.

Many economists and strategists person predicted that the Fed volition not pivot anytime soon. Strategists and money managers told Reuters’ Global Market Forum Friday that a Fed pivot is not connected the skyline adjacent arsenic over-tightening risks loom. They judge that determination is simply a greater accidental of the Federal Reserve raising involvement rates excessively acold and tipping the U.S. system into a recession.

Bank of America’s strategists, led by Michael Hartnett, wrote successful a enactment Friday that it is excessively aboriginal for a Fed argumentation pivot “absent abrupt illness successful ostentation & payrolls.” JPMorgan strategist Julia Wang said Thursday that a Fed pivot is improbable successful the adjacent aboriginal fixed persistent inflation. She told Bloomberg: “For america to get to a constituent wherever labour marketplace conditions are much fundamentally accordant with the Fed’s ostentation target, we deliberation volition astir apt instrumentality america to extremity of adjacent year. So hence, that’s wherefore we expect a pivot truly lone successful Q4 2023.”

This was not the archetypal clip that the renowned writer said Fed complaint hikes volition destroy the U.S. economy. He gave a akin informing successful September.

Last week, Kiyosaki said the U.S. dollar is toast citing Saudi Arabia’s petition to articulation the BRICS nations. Moreover, helium predicted that the U.S. dollar volition crash by January and warned astir World War III.

The Rich Dad Poor Dad writer has been pushing bitcoin for rather immoderate time. Earlier this month, helium explained the crushed he buys BTC. He has distinguished the largest crypto from fake wealth connected respective occasions, emphasizing that the end of fake money is here. Kiyosaki besides precocious urged investors to get into crypto present earlier the biggest economical clang happens.

Do you hold with Robert Kiyosaki? Let america cognize successful the comments conception below.

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