Robert Kiyosaki, author of Rich Dad Poor Dad, is once again urging caution as he draws comparisons between today’s overheated stock market and the infamous 1929 crash.
With fears of a deep financial downturn mounting, he’s turning to what he calls safer territory—Bitcoin, gold, and silver.
Citing heavy U.S. debt and what he sees as reckless monetary policy, Kiyosaki warned that traditional retirement assets like 401(k)s may be vulnerable. He noted that top investors like Warren Buffett and Jim Rogers have already pulled out of stocks and bonds, opting for cash and hard assets.
While a longtime advocate for Bitcoin, Kiyosaki remains skeptical of crypto ETFs, claiming they offer exposure without true ownership. He likened them to hollow copies—ineffective in times of crisis.
Despite his concerns, interest in Bitcoin ETFs continues to grow, with assets under management soaring past $175 billion. Meanwhile, Bitcoin itself is flirting with $120,000 as geopolitical trade shifts fuel further market speculation.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/robert-kiyosaki-sounds-the-alarm-stocks-in-danger-bitcoin-gains-appeal/