Robert Kiyosaki, the well-known author of the bestselling book Rich Dad Poor Dad, has issued a strong warning to investors about the potential crash of the bond market. He is urging them to consider investing in “safer real assets,” such as bitcoin, before their prices skyrocket. Kiyosaki is highly critical of financial planners who promote bonds as safe investments, as he predicts significant losses for investors when AAA bonds and commercial real estate inevitably collapse. In contrast, he believes that bitcoin’s price will soar to a staggering $2.3 million.
Kiyosaki’s latest investment advice comes after the enormous success of his book Rich Dad Poor Dad, which he co-authored with Sharon Lechter in 1997. The book has remained on the New York Times Best Seller List for an impressive six years, and it has been translated into more than 51 languages, with over 32 million copies sold across 109 countries.
Taking to the social media platform X, Kiyosaki expressed his views on Sunday, targeting the deception perpetuated by financial planners. He stated, “The biggest lie financial planners tell gullible, mom and pop investors is: ‘Bonds are safe.’ Even so-called ‘sophisticated’ investors will suffer significant losses when AAA bonds crash alongside commercial real estate. The once glamorous office real estate market will be unable to make loan payments, leading to the downfall of these so-called ‘sophisticated’ investors.” Kiyosaki then advised investors to consider safer alternatives, such as gold, silver, and bitcoin, before their prices skyrocket.
Kiyosaki has consistently warned of impending crashes in the stock and bond markets, advising investors to diversify their portfolios with gold, silver, and bitcoin. In April, he predicted that bitcoin could reach an astonishing value of $2.3 million. Additionally, he expects bitcoin to reach $100,000 by September. Kiyosaki frequently encourages investors to abandon the U.S. dollar in favor of bitcoin, believing that fiat currencies are nothing more than fake money. In March, he described bitcoin as the “perfect asset at the right time,” while referring to the U.S. dollar as a “giant Ponzi scheme.”
What are your thoughts on Robert Kiyosaki’s advice and predictions regarding the bond market and bitcoin? Let us know in the comments section below.
