Prominent author Robert Kiyosaki is raising alarms about a possible imminent downturn in the financial markets. Utilizing his social media platforms, Kiyosaki underscores the risk of an inevitable economic downturn in the United States.
Could a Financial Collapse Be on the Horizon?
Kiyosaki projects significant drops ahead in stocks, bonds, and real estate sectors. He warns that this market fall might prompt the Federal Reserve and Treasury Department to release a large amount of printed money to stabilize global liquidity.
What If Inflation Soars?
In the case of a market debacle, Kiyosaki predicts that the Fed and Treasury might resort to generating what he labels as “fake money,” potentially diminishing the dollar’s value while triggering higher inflation.
Kiyosaki has a penchant for issuing dire market forecasts, which he has done over the years, even referencing declines following tariff-related announcements. Although markets have rebounded beyond pre-tariff levels, his prediction of crashes across numerous sectors remains consistent. Notably, his ownership of 15,000 rental apartments through borrowing has drawn interest.
He anticipates that the U.S. dollar’s devaluation would elevate inflation and enhance the worth of gold, silver, and Bitcoin. He insists these assets offer a safeguard during economic instability.
His outlook on silver is particularly bullish, anticipating its price could nearly double to about $70 within a year. Despite differences in asset behavior noted during prior uncertainties, such as Bitcoin trailing technology stocks unlike gold, Kiyosaki maintains his view of these commodities as part of “hard money.”
Concluding his warnings, Kiyosaki reiterates his pessimistic market stance, encouraging investments in Bitcoin and precious metals as defensive measures. His repeated advice centers on acquiring more Bitcoin along with gold and silver.
Such predictions prompt investors to approach financial decisions carefully, informed by thorough research and analysis of market indicators. The landscape of financial markets in uncertain times carries risks that warrant cautious, well-informed strategies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/will-financial-markets-plunge-soon