Author of “Rich Dad”: The U.S. bond market will face a “big crash”, waiting for the time to buy Bitcoin

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Author of “Rich Dad”: The U.S. bond market will face a “big crash”, waiting for the time to buy Bitcoin
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Since the beginning of this year, the U.S. Federal Reserve has aggressively raised interest rates to fight inflation, which has weakened the investment attractiveness of U.S. bonds. In order to avoid the risk of falling bond prices, many countries have been reducing their holdings of U.S. bonds recently. Robert Kiyosaki, author of the best-selling financial book “Rich Dad, Poor Dad,” has warned that the U.S. bond market is not far from a crash and is now waiting for Bitcoin to fall more before adding more.

Robert Kiyosaki issued a new forecast for the stock and bond markets a few days ago. He issued a warning that “the U.S. bond market is about to collapse”, and it will be the largest since 1788. A lot of gold and silver, while waiting for Bitcoin to fall further.”

In a follow-up tweet, Robert Kiyosaki explained:

The losers are watching the stock market closely, but the real problem lies in the bond market. The bond market is 40 times larger than the stock market. Please focus on bonds, not stocks. A big crash is coming.

Damien McCollough, head of fixed income research at Westpac, has said that monetary policy tightening triggered by inflation has created great uncertainty for medium-term economic growth. Volatility in U.S. bonds mirrored volatility in the stock market, leaving investors with little refuge.

In this regard, Robert Kiyosaki warned in April this year that bonds are the riskiest investment in the global financial crisis. “Sadly, rookie investors follow some novice advice and stick to a 60% stock, 40% bond portfolio,” he said, advising investors to buy gold, silver and bitcoin “in case idiots rule the world. “.

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In March, he also predicted an imminent collapse in the U.S. dollar, advising investors to buy Bitcoin, Ethereum, and Solana (SOL).

Robert Kiyosaki said last month that he was waiting for bitcoin’s price to test the $1,100 low, adding that he would increase his investment in buying more bitcoin if it could recover from the slump. Earlier this month, he also said that as major assets such as bitcoin plummeted, he had cash on hand and was waiting for a bargain.

The author of this article “Rich Dad”: The U.S. bond market is about to face a “big crash”, waiting for the opportunity for Bitcoin to bottom out first appeared on the blocker.

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