- Robert Kiyosaki warns that a ‘Greater Depression’ is looming in the U.S. economy.
- Investing in Bitcoin, gold, and silver is seen as a hedge and path to long-term growth.
- Investor confidence is bolstered by Bitcoin’s supply in the face of economic uncertainty.
Robert Kiyosaki, author of Rich Dad Poor Dad, warned that the U.S. is headed toward a “Greater Depression.” In his X post on Friday, Kiyosaki highlighted the rising credit card debt, increasing unemployment, and growing national deficits as signs of impending financial collapse. He believed that these factors could be worse than the Great Depression, and urged Americans to act quickly and acquire Bitcoin, gold, and silver as safe havens, ahead of the crash. Kiyosaki cited that the crisis is not just a threat, but an opportunity for instant wealth building.
A Warning for the Ignored Advice
Kiyosaki emphasized that those who followed his advice and acquired Bitcoin, gold, and silver are in a better position compared to those who did not heed it. He further stated that those who ignored the warnings are at risk of significant financial hardship as the economic landscape worsens. Considering the current situation, Kiyosaki stated that the time is now suitable for individuals to develop their investment plans. He pinpointed that Bitcoins, gold, and silver could help investors reap several benefits after the depression decreases.
Further, Kiyosaki predicted that the upcoming economic collapse would create enormous wealth, wherein Bitcoin could surpass $1 million by 2035, while gold may reach $30,000 per ounce and silver could hit $3,000 per coin. In his view, these investments represent some of the easiest wealth-building opportunities anyone could encounter in their lifetime.
Kiyosaki advised that it is better to act before the crash, or it may be too late. His consistent call reflects his belief that hard assets are the best defense during economic uncertainty. While a “Greater Depression” may unsettle many, Kiyosaki sees a silver lining for those ready to act decisively. On the whole, Kiyosaki’s warning places the spotlight on anyone concerned about the future of their wealth.
Related: Robert Kiyosaki Says Bitcoin, Gold & Silver Can Help You Stay Protected
Bitcoin’s Current Market Performance
Meanwhile, on the market side, considering Kiyosaki’s stance on Bitcoin, the digital asset has witnessed significant growth. As of press time, the digital asset is priced at $85,301.58 and continues to show positive momentum. It has experienced a 0.74% increase in the last 24 hours. The market cap stands at $1.69 trillion, with a 24-hour trading volume of $12.25 billion.
While trading volume saw a slight dip of 5.09%, Bitcoin’s resilience is evident. The coin’s price movement over the past few hours has shown steady growth, surpassing $85,000 after briefly dipping below $84,000 earlier in the day. With a capped maximum supply of 21 million BTC and 19.85 million BTC already in circulation, Bitcoin’s scarcity signals increased investor attention.
