'Rich Dad Poor Dad' author Robert Kiyosaki expects a brutal market crash, and advises buying silver, bitcoin, and even toilet paper. Here are 10 of his best tweets this year.
Robert Kiyosaki has warned a massive market crash, hyperinflation, and a depression may lie ahead.
The "Rich Dad Poor Dad" author has advised buying gold, silver, bitcoin, and even toilet paper.
Here are 10 of Kiyosaki's best tweets so far this year.
Robert Kiyosaki has rung the alarm on multiple asset bubbles, and raised the prospect of an epic market crash, hyperinflation, and even an economic depression, in a barrage of tweets this year.
The "Rich Dad Poor Dad" author and personal-finance guru has framed the next downturn as a chance to scoop up bargains, and recommended buying gold, silver, bitcoin, and even household products.
Here are 10 of his best tweets this year, lightly edited for clarity:
1. "WOW:Words of Wisdom. 'Your profits are made when you buy, not when you sell.' Price of bitcoin crashing. Great news. I bought bitcoin at $6,000 and $9,000. I will buy more if and when bitcoin tests $20,000. Time to get richer is coming. Silver best bargain today. Silver still 50% below high." (January 24)
2. "WORLD WAR III? Just bought 2,500 US Silver Eagles in 5 Green Boxes. Why silver? Gold already moved up. Bitcoin still too high. Silver 50% below all time high. Silver an industrial metal as well as money. I buy silver because it is liquid & can be spent without government tracking." (March 7)
3. "DO YOU HAVE a PLAN 'B'? We are in BIGGEST BUBBLE in world history. Bubbles in stocks, real estate, commodities & oil. FUTURE? Possible DEPRESSION with HYPERINFLATION. My PLAN B: be an entrepreneur, stay out of stock market, create own assets, use debt as money, save gold, silver, bitcoin, guns." (March 8)
4. "BIDEN & FED want INFLATION to pay off trillions in debt. BEST INVESTMENT may be stocking products you will always use such as toilet paper, trash bags, canned goods, frozen foods, gold, silver, bitcoin." (March 14)
5. "Will Smith slaps Chris Rock at Oscars. Biden slaps Putin on world stage. Toxic masculinity. World in trouble. National debt to go through the roof. Biden causing inflation & blaming Putin. Dollar about to implode. Buy more gold, silver, bitcoin, ethereum, & solana before World War III." (March 29)
6. "Wiley COYOTE moment coming. Biggest Bubble Bust coming. Baby Boomers' retirements to be stolen. $10 trillion in fake money spending ending. Government, Wall Street & Fed are thieves. Hyperinflation Depression here. Buy gold, silver, bitcoin before the coyote wakes up. Take care." (April 16)
7. "Q: What is RISKIEST INVESTMENT in GLOBAL meltdown? Stocks or bonds? A: Bonds. Tragically rookie investors follow rookie advice of 60 (stocks) 40 (bonds) mix. BUY gold, silver, bitcoin as insurance against morons running the world. REMEMBER: A college degree is not a cure for STUPIDITY." (April 18)
8. "EVERYTHING BUBBLE turning into EVERYTHING BUST. Could this be start of biggest depression ever? I am concerned. WORLD of DEBT & WAR led by lying LEADERS. Great news is TWITTER may accept ELON's offer. FREEDOM of SPEECH & TRUTH in MEDIA is road back to honest global PROSPERITY." (April 25)
9. "BITCOIN CRASHING. Great news. As stated in previous tweets I am waiting for bitcoin to crash to $20,000. Will then wait for test of bottom which might be $17,000. Once I know bottom is in I back up the truck. Crashes are best times to get rich. Take care." (May 12)
10. "RICH DAD said 'Bull Markets make stupid investors look smart. Bear Markets turn the stupid investors into losers and smart investors into winners.' Markets are crashing. Time for smart investors to become very rich winners. Take care." (May 21)
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