Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

The Economy is DYING: Robert Kiyosaki Believes $3000 Gold, $40 Silver And $75,000 Bitcoin Are Coming Within Five Years

The Rich Dad Channel, Released on 6/13/20

Robert Kiyosaki’s recent Twitter update from quarantine, Robert explains this tweet:

“ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @$17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75,000 in 3 years. PRAY for the BEST-PREPARE for the WORST.”

In this age of fiat money, Liquidity determines whether asset prices move up or down. The Fed understands this. That’s why it has been printing money and injecting that Liquidity into the financial markets. Its goal has been to push up asset prices in order to drive the economy by creating a wealth effect that allows Americans to keep spending

The main problem with the current U.S. economy is that the Fed is printing trillions making the dollar worthless. The only ones getting rich from the Fed printing money are the CEO’s of the large corporations.

Watch what Robert says is the reason he’s buying gold, silver, and bitcoin.

Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Fake: How Lies are Making the Poor and the Middle-Class Poorer.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.