The expert and author of the bestseller «Rich Dad, Poor Dad» has once again made a loud statement. According to him, the collapse of the global financial system is not just coming, but already happening. Robert Kiyosaki reported that the current bear market will worsen throughout the summer, meaning investors should prepare for serious losses in the stock, bond and real estate markets.
According to Kiyosaki, this financial collapse will cause a significant outflow of capital, and as the value of traditional assets declines, billions of dollars will inevitably flow into gold, silver and Bitcoin.
Of all three of these safe havens, the expert singled out silver, which he called undervalued. Given that the price of this precious metal is currently around $35 per ounce, which is about 60% below its historical maximum, Kiyosaki called silver “the best buy today.” Moreover, he predicted that the price of silver could triple by the end of 2025.
At the same time, Kiyosaki insists that one must own physical gold and silver or invest directly in Bitcoin, avoiding investments in exchange-traded funds (ETF). He compared ETF with fiat currency in the sense that they are unlikely to provide real protection “in times of significant economic instability.”