"A Massive Crash Is Coming in 2026-2027, the Opportunity Is Now"... Advice from 'Rich Dad'
"Buy Assets on 'Sale' During Economic Crises"
Robert Kiyosaki, author of the book 'Rich Dad Poor Dad,' has warned that a global financial depression could hit the markets.
On April 28 (local time), Kiyosaki posted on X (formerly Twitter), "A major market crash could happen in 2026-2027. The upcoming collapse could potentially be another Great Depression," adding, "Will you be completely ruined, or will you be lucky enough to seize an opportunity?"
He asserted, "With every market crash in 1987, 2000, 2008, 2015, 2019, and 2022, I did not become poorer, but instead became wealthier."
He continued, "I plan to become even wealthier during the massive crash expected in 2026-2027," and added, "I hope the same happens to you."
Kiyosaki emphasized, "During crashes, recessions, and depression situations, great assets go on 'sale.' Buy these assets while they are on sale and become wealthier. Don’t let yourself be ruined—seize the opportunity."
Kiyosaki has consistently argued that a global financial crisis could occur and that people should increase their holdings of physical and alternative assets such as gold, silver, and Bitcoin. He has especially promoted the idea that economic crises can be opportunities to build wealth, sharing his investment philosophy through social networking services (SNS).
Last month, he also advised people to stay away from ▲stocks ▲bonds ▲mutual funds ▲exchange-traded funds (ETFs) ▲cash savings, and instead hold physical assets that cannot be manipulated by the US Federal Reserve (Fed) or the government, such as ▲gold ▲silver ▲Bitcoin ▲Ethereum ▲real estate ▲oil.
Hot Picks Today
Home Appliance Woes Mount, Yet 45 Trillion Won ...
- "Thought the Ceiling Was High, but It's About to Break Through the Roof"..."Oil ...
- Audience Participation Snake Show Turns Tragic... German Tourist Dies After Susp...
- The Past of the 'Dumulmeori Body Abandonment' Suspect... Forced a Middle School ...
- 'Maternity Leave for Second Child' Interrupted... 1997-born White House Spokespe...
Recently, he has been emphasizing the importance of silver. In February last month, Kiyosaki said, "For just 10 dollars(about 15,000 won), anyone can buy 'junk silver' (old physical silver coins)," and advised, "If you don’t have the money, skip a meal to save up that 10 dollars and buy silver."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.