Robert Kiyosaki has advised buying bitcoin before Fed pivot, warning that stock, bond, and real estate markets will crash as rate hikes continue.
Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that stock, bond, and real estate markets will crash as the Federal Reserve continues to raise interest rates. Noting that the Fed will pivot, he advises investors to buy bitcoin.The author of Rich Dad Poor Dad, Robert Kiyosaki, has advised investors to buy bitcoin before the Fed pivots, reiterating that the Federal Reserve’s interest rate hikes will destroy the U.S. economy.
Kiyosaki tweeted early Saturday morning that the prices of gold and silver are plunging as the Federal Reserve continues to raise interest rates. He warned that rate hikes will kill the U.S. economy, cautioning that stock, bond, and real estate markets will crash. He stressed that the Fed will pivot, advising investors to buy gold, silver, and bitcoin before the Fed pivot occurs.
Many economists and strategists have predicted that the Fed will not pivot anytime soon. Strategists and fund managers told Reuters’ Global Market Forum Friday that a Fed pivot is not on the horizon even as over-tightening risks loom. They believe that there is a greater chance of the Federal Reserve raising interest rates too far and tipping the U.S.
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