Financial experts predict market collapse, recommend real assets like Bitcoin, gold and silver.
Robert Kiyosaki, the author of the bestselling book "Rich Dad Poor Dad", once again warns of a major market collapse, while urging investors to protect their assets with Bit, gold and silver. He believes the current financial system is disadvantageous to small investors and predicts this recession will be particularly severe. Kiyosaki believes traditional assets like pension funds and government-backed assets are no longer reliable, making real assets a safer choice.
On the X platform on March 8, Kiyosaki declared that his prediction in the book "Rich Dad's Prophecy" (2014) has come true. He wrote: "Sadly, the collapse has arrived... it could wipe out the financial futures of millions of baby boomers worldwide."
Seeking safety in Bit
Kiyosaki explains that the baby boomer generation in the US, the first generation to rely on Defined Contribution (DC) retirement programs like 401(k) and IRA, is in a particularly precarious situation. Unlike the Defined Benefit (DB) model that guarantees a fixed payout, the DC model only provides the individual's contributed amount, and this money can be wiped out during a recession. He believes this structural weakness puts millions at serious financial risk.
To protect themselves, Kiyosaki advises investors to stay away from "paper assets". He declares: "How can an individual overcome this corrupt and criminal Ponzi fiat money model? Start by investing in and owning real gold, silver and Bit."
He also expresses caution about gold, silver and Bit ETFs (Exchange-Traded Funds): "Do what's best for you... but I will never buy gold, silver or Bit ETFs." He further explains: "To me, ETFs are as fake as the US dollar and US government bonds. But that's just my personal opinion. I prefer real assets."
Recently, Kiyosaki has publicly increased his Bit investments, especially after former President Donald Trump issued an executive order on establishing a strategic Bit reserve fund. He predicts that other world leaders will also adopt similar policies, and expects the Trump administration to buy more Bit to stabilize the US economy.
Kiyosaki argues that the US is on the verge of bankruptcy, the US dollar is depreciating, and Bit offers a safer alternative.