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- Robert Kiyosaki once again predicts that the real estate sector will collapse and lead to a serious global financial crisis.
- Kiyosaki says that there will be a worse economic downturn than the 2008 global financial crisis due to the explosion of the commercial real estate market.
- Kiyosaki advises people to invest in gold, silver, and Bitcoin as the best value stores to protect their wealth during difficult times.
Famous author Robert Kiyosaki points to a major collapse in the real estate market and recommends Gold, Silver, and Bitcoin to investors.
Kiyosaki Expects a Collapse in the Real Estate Sector
“Rich Dad Poor Dad” author Robert Kiyosaki once again predicts that the real estate sector will collapse and lead to a serious global financial crisis. Kiyosaki says that there will be a worse economic downturn than the 2008 global financial crisis due to the explosion of the commercial real estate market.
Kiyosaki cites San Francisco as an example of the real estate problem, stating that the value of office buildings dropped and did not recover due to workers leaving during the pandemic. Kiyosaki advises people to invest in gold, silver, and Bitcoin as the best value stores to protect their wealth during difficult times;
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“The biggest real estate crash in history happened in 2008. 2023 will make the 2008 GFC look like nothing. In 2019, office towers in San Francisco were popular. In 2023, the same buildings lost 70% of their value. What will cities do with office buildings? Get gold, silver, and Bitcoin.”
Kiyosaki predicts that the most valuable metals and Bitcoin will make significant gains by 2025. He says that the driving force behind the increase is an economic collapse, and that the Federal Reserve will have to print billions of dollars to support the markets, thereby increasing the country’s debt and eroding the value of the dollar.
“A big crash is coming. The Fed will be forced to print fake money. By 2025, gold will be $5,000, silver will be $500, and Bitcoin will be $500,000. Why? Because confidence in the US dollar will disappear. Gold and silver are God’s money. Bitcoin is the people’s money. Be careful.”
He compared the collapse of regional banks in March to the 2008 financial crisis, when banking giant Lehman Brothers also declared bankruptcy;
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“Two big banks have collapsed. The third is ready to go. Buy gold and silver now. Not ETFs (exchange-traded funds). When another bank collapses, gold and silver will soar. In 2008, I predicted Lehman’s collapse days before it happened on CNN.”
At the time of writing this article, Bitcoin is trading at $26,522 and has increased by 0.27% in the last 24 hours.
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