Bitcoin Prediction: This author warns of “biggest bond crash since 1788” – Should we wait to buy BTC at the lowest price?





The famous author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, warned of the “biggest collapse of the bond market since 1788”. He pointed out that the “real problem” is in the bond market, which is “40 times bigger” than the stock market. He is waiting for the bitcoin price to drop further to buy some.

Robert Kiyosaki warns that the bond market is collapsing.

Rich Dad Poor Dad author Robert Kiyosaki has made several never-before-seen predictions on the stock and bond markets. Rich Dad Poor Dad is a book published in 1997 and co-authored by Kiyosaki and Sharon Lechter. See the article: Why should regulators pay attention to $ UST?. It has been on the New York Times bestseller list for over six years. Over 32 million copies of the book have been sold in over 51 languages ​​and in over 109 countries.

The famous author tweeted on Friday:

The US bond market is collapsing. Biggest Bond Crash Since 1788 … Bond markets are bigger than stock markets. I am buying more gold and silver now and waiting for the bitcoin to go down.

He also pointed out that the Chinese real estate market is collapsing, noting that there are “over 90 million empty apartment buildings in China. “

In a later tweet, the author of Rich Dad Poor Dad explained:

Losers watch the stock market. The real problem is in the bond market. The bond market is 40 times larger than the stock market. Please pay attention to bonds, not stocks. A serious accident is on the way.

In April, he said on Twitter that bonds were the riskiest investment in the event of a global meltdown. “Tragically, novice investors are following the beginner’s advice to mix 60 (stocks) and 40 (bonds),” she said, recommending investors to buy gold, silver and bitcoin “as insurance against the idiots who rule the world.” .

Kiyosaki has repeatedly warned about stock market crashes and the state of the US economy. This week he warned that inflation could lead to a “Great Depression”, noting that the housing sector is collapsing and foreclosures have increased 700% from a year ago.

In April, he warned of hyperinflation and depression. You have also repeatedly stated that we are in the largest bubble in the history of the world. In March, you predicted that the US dollar was about to implode, advising investors to buy bitcoin (BTC), ethereum (ETH) and solana (SOL).

Kiyosaki has repeatedly stated that he is waiting for bitcoin to bottom out to buy more. Last month, she revealed that she was waiting for BTC’s price to hit $ 1,100 before buying. Earlier this month, she said she was in a cash position and expected good deals, including BTC, due to the collapse in asset prices.

What do you think of Robert Kiyosaki’s predictions? Let us know in the comments section below.

💎 Open a free account to invest in cryptocurrencies!

📈 Exchange cryptocurrencies online in just a few clicks!

BitPanda allows you to easily trade cryptocurrencies online. Creating an account is fast, free and very simple.

Be vigilant and consult your financial advisor before making any investment decisions. Mirror-Mag cannot be held responsible in case of bad investments. Before using any third party service, you should do your research.

Thomas E.
The latest articles by Thomas E. (see all)





Leave a Comment