Famous investor and author of the book Rich Dad Poor Dad, Robert Kiyosaki, stated in a statement on the social media platform X (formerly Twitter) that a major collapse is imminent in global financial markets. Kiyosaki claimed that investors could particularly benefit from alternative assets such as gold, silver and Bitcoin. Kiyosaki reminded in his post that he predicted this crisis in his book Rich Dad's Prophecy, published in 2013, and said, “The biggest collapse in history is coming. I'm afraid this collapse has already started and will continue throughout the summer.” Stating that there will be major losses especially in the stock and bond markets, Kiyosaki said, “Unfortunately, my generation, especially the 'baby boomers', will be most severely affected by this collapse. Millions of people's wealth could be wiped out.” But Kiyosaki offered a glimmer of hope to investors, saying, “If you act early, you can become very rich… and I want one of you to be among those people who get rich.” He suggested that billions of dollars would flow into gold, silver and Bitcoin as stock, bond and real estate markets crashed over the summer. *This is not investment advice.
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