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Best-Selling Author Robert Kiyosaki Warns of Impending Market Crash, Followed by Long-Term Bull Run for Gold, Silver, and Bitcoin

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2024-07-12 09:55:11425browse

Robert Kiyosaki, author of the popular book “Rich Dad Poor Dad”, took to Twitter to express his views on the future of the market.

Best-Selling Author Robert Kiyosaki Warns of Impending Market Crash, Followed by Long-Term Bull Run for Gold, Silver, and Bitcoin

Best-selling author Robert Kiyosaki, known for his book “Rich Dad Poor Dad”, has predicted a historic market crash, followed by a long-term bull run for gold, silver, and Bitcoin.

On Wednesday, Kiyosaki took to Twitter (NYSE:TWTR) to share his views on the future of the market. He predicted a crash in the prices of real estate, stocks, bonds, gold, silver, and Bitcoin. However, he also forecasted a subsequent bull market cycle starting in late 2025, which he believes will be a boon for gold, silver, and Bitcoin investors.

“Patience of gold, silver, Bitcoin investors will be rewarded. They know this long cycle bull market is coming because they know faith and confidence in ‘FAKE’ money is dissolving,” he said.

Kiyosaki also suggested potential future prices for gold, silver, and Bitcoin, predicting they could reach $15,000 an ounce, $110.00 an ounce, and $10 million per coin respectively.

Previously, Kiyosaki warned of a market crash, stating that such downturns present unique opportunities for wealth accumulation. He has been a vocal critic of the devaluation of fiat currencies and has consistently advocated for investments in gold, silver, and Bitcoin.

Earlier this year, Kiyosaki outlined his Bitcoin strategy amid market crashes, highlighting the potential for wealth growth during such periods. In 2023, Kiyosaki sounded a warning regarding the equity market and has been a consistent backer of gold, silver, and Bitcoin. His latest post seems to be in line with his long-standing views on the market and investments.

Bitcoin Price Today: Bitcoin was trading 3.05% lower at $60,165.14 at the time of writing, according to Benzinga Pro data.

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