Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects bitcoin’s price to reach $2.3 million.
Robert Kiyosaki Urges Investing in Bitcoin Before Price Surge
The author of Rich Dad Poor Dad, Robert Kiyosaki, has returned with more investment advice for investors. He is cautioning that the bond market is crashing and investors should seek real assets, like bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki posted on social media platform X on Sunday: “Biggest lie financial planners tell gullible, mom and pop investors: The lie is: ‘Bonds are safe.’ Millions of even so-called ‘sophisticated’ investors will take losses when so-called AAA bonds crash when commercial real estate crashes. The once glamorous office real estate market cannot make loan payments which will take down so-called ‘sophisticated’ investors when AAA bonds crash.” He advised:
Best get into safer real assets such as gold, silver, and bitcoin before their prices explode.
The renowned author has consistently warned of impending stock and bond market crashes, advising investors to buy gold, silver, and bitcoin. In April, he predicted bitcoin could reach $2.3 million and expects BTC to hit $100,000 by September. He frequently urges investors to abandon the U.S. dollar for bitcoin, considering fiat currencies as fake money. In March, he described BTC as a “perfect asset at the right time” and referred to the USD as a “giant Ponzi scheme.”