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Robert Kiyosaki Warns of Potential ‘Greater Depression’ and Urges Financial Action

Robert Kiyosaki warns of an approaching “Greater Depression” and urges people to invest in gold, silver, and Bitcoin to secure their financial future.

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Robert Kiyosaki Warns of Potential ‘Greater Depression’ and Urges Financial Action

Robert Kiyosaki, the financial expert and author of the well-known book Rich Dad Poor Dad, recently shared his concerns about the U.S. economy, predicting a looming “Greater Depression.” He pointed out several alarming trends, including record-high credit card debt, escalating national debt, rising unemployment, struggling 401(k) plans, and compromised pensions.

Despite having warned about an impending financial crisis in his previous books such as Rich Dad’s Prophecy, Fake, Who Stole My Pension?, and Rich Dad Poor Dad, Kiyosaki noted that many people ignored his advice. However, he emphasized that those who listened to him are now in a much better position.

Kiyosaki’s Advice: Gold, Silver, and Bitcoin

Kiyosaki strongly encouraged people to take action, repeating his long-standing advice to invest in gold, silver, and Bitcoin. While some of his followers have criticized him for frequently repeating this recommendation, he remains firm in his belief that these assets can offer significant wealth in the face of an economic downturn. According to Kiyosaki, those who invest in these resources today may see substantial returns when the financial crisis deepens.

He also took the opportunity to criticize the mindset of individuals who often say things like “I can’t afford it” or “I will wait,” claiming that this negative thinking leads to negative outcomes. Drawing inspiration from his Sunday School lessons, he referenced the phrase, “And the word became flesh,” meaning that one’s words and thoughts shape their reality.

Looking to the Future: Predictions for 2035

Kiyosaki is optimistic about the future value of these assets. He predicts that by 2035, Bitcoin could be worth over $1 million, gold might reach $30,000 per ounce, and silver could soar to $3,000 per coin. He described this period as an extraordinary chance for individuals to gain financial freedom, urging them not to let fear prevent them from seizing this opportunity.

Final Words: Plan, Learn, and Act

In conclusion, Kiyosaki urged everyone to educate themselves, create a financial plan, and take decisive action to navigate the looming economic challenges. He believes that proactive steps now could significantly improve one’s financial situation in the coming years.