After predicting the biggest crash in world history, Robert Kiyosaki, acclaimed author of the best-selling book Rich Dad Poor Dad, said that counterfeit money “ends up here”. He reiterated three lessons that will help investors “do well in market crashes.”
Robert Kiyosaki on the end of counterfeit money
Rich Dad Poor Dad author Robert Kiyosaki shared some of his investing insights and lessons in a few tweets this week. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Sellers List for over six years. More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
Kiyosaki tweeted on Tuesday explaining why he thinks the end of “fake” money has come. Famous author wrote:
The end is here. Called Jerry Williams, my trusted silver and gold dealer. He said: ‘I can’t take gold or silver coins. Mint won’t sell to me anymore. ‘ For me, this means the end of $fake is here.
He kept repeating his silver offer. “As stated in the previous tweet post, silver will go up from $100 to $500. Get some. Protect yourself,” he wrote. His advice follows another claim he made recently that gold is expensive, silver Best investment value today.
Kiyosaki previously explained that when President Richard Nixon removed the US dollar from the gold standard in 1971, “the US dollar became counterfeit”. He explains that “This is because instead of being tied to real money,” such as gold, “it is tied to the ‘full confidence and credit’ of the United States.”
In a tweet on Thursday, the popular author reminded investors of a number of lessons. “In Rich Dad Poor Dad, I outlined three lessons from Rich Dad,” he describes and further explains:
1: Your house is not a property. 2: Savers are losers. 3: Rich people don’t work for $.
“The rich are entrepreneurs who don’t need jobs,” he added, noting that these people “create jobs, create jobs.” [their] own assets and perform well during market downturns. He then emphasized that “2022 is the time for you to become richer.”
Last week, Kiyosaki urged everyone to “invest in real money, ” Named gold, silver, and bitcoin. He stressed that the Federal Reserve “raise interest rates will destroy the US economy.”
He’s recently urge people subscribe to his mailing list to buy crypto right now, before the biggest crash in the history of the world. The popular author has stated for several months that he is waiting for the crypto price to bottom before joining. Recently he said that he has cash position ready to buy BTCshowed at one point that the price of cryptocurrencies can test $1,100.
What do you think of Robert Kiyosaki’s warnings and advice? Let us know in the comments section below.
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