Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” has issued a warning to investors regarding the impending crash of the bond market. Encouraging investors to consider alternative assets, Kiyosaki advocates for investments in “safer real assets” such as bitcoin before their prices skyrocket.
“Rich Dad Poor Dad,” co-authored by Kiyosaki and Sharon Lechter in 1997, has maintained a prominent position on the New York Times Best Seller List for over six years, with more than 32 million copies sold worldwide in over 51 languages across 109 countries.
Taking to social media platform X, Kiyosaki highlighted what he perceives as a common misconception perpetuated by financial planners: the notion that bonds are a safe investment. He warned that even supposedly “sophisticated” investors may incur losses when AAA bonds collapse alongside the commercial real estate market. Kiyosaki underscored the vulnerability of investors relying on bonds, particularly in the face of potential market downturns.
His advice to investors is clear: prioritize safer real assets like gold, silver, and bitcoin before their values surge.
Kiyosaki has been consistent in his warnings about impending stock and bond market crashes, advocating for investments in gold, silver, and bitcoin as hedges against economic uncertainty. In April, he made headlines by predicting that bitcoin could reach a staggering $2.3 million, while also foreseeing BTC hitting $100,000 by September. Continuously urging investors to shift away from the U.S. dollar, Kiyosaki views fiat currencies as “fake money,” advocating for the adoption of bitcoin instead. In March, he hailed BTC as a “perfect asset at the right time” and criticized the USD as a “giant Ponzi scheme.”
