• HOME
  • FORUMS
  • STORE
  • SPORTS

NEWS

  • Bitcoin News
  • FOOT
  • Kpop News
  • SPORTS

Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’

27th September 2021 by admin

  • Korean Man Kills Elderly Mother Over Fried Eggs
  • What channel is PFL Europe 4 2023 on today? Live streams, start time, full card for MMA event
  • Lionel Messi, Argentina To Face Old Foe Chile In Copa America

  • Rich Dad Poor Dad’s Robert Kiyosaki Predicts 'Giant Stock Market Crash' in October — Says 'Bitcoin May Crash Too'

    Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies.

    Robert Kiyosaki Warns of ‘Giant’ Market Crash in October

    Famous author and investor Robert Kiyosaki has predicted that a “giant stock market crash” is coming in October, noting that gold, silver, and bitcoin may crash as well.

    Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

    Kiyosaki tweeted Saturday:

    Giant stock market crash coming October. Why? Treasury and Fed short of T-bills. Gold, silver, bitcoin may crash too. Cash best for picking up bargains after crash. Not selling gold, silver, bitcoin, yet have lots of cash for life after stock market crash. Stocks dangerous. Careful.

    Kiyosaki has been vocal in predicting the greatest market crash. In June, he warned that the “biggest crash” in the world’s history was coming since the “biggest bubble” in the world’s history was “getting bigger.” He suggested at the time to buy more gold, silver, and bitcoin.

    The famous author said in August: “Bitcoin has the greatest upside. With dollar dropping, bitcoin and silver are the best investments.” He also shared: “The primary reason I invest in bitcoin, gold, and silver is because I do not trust our leaders, the Fed, Treasury, nor the stock market. Unfortunately, mom and pop who save money do.”

    On Friday, after the news of China’s crackdown on cryptocurrency, the Rich Dad Poor Dad author commented:

    China announced this morning a new crackdown on crypto. What does that mean? It means China is about to launch its government crypto coin. If U.S. follows, Fed coin means bitcoin outlawed, U.S. becomes centralized gov, like China, U.S. communism begins, our freedoms end.

    While China is already heavily testing the digital yuan, the U.S. Federal Reserve still has not decided whether to issue a central bank digital currency (CBDC). Fed Chair Jerome Powell said last week that the Fed will soon publish a discussion paper on the subject.

    Some people see China’s action to crack down on crypto as positive news, including several U.S. lawmakers, who said the Chinese crypto crackdown is a big opportunity for the U.S. to lead in the area of cryptocurrencies. “China’s authoritarian crackdown on crypto, including bitcoin, is a big opportunity for the U.S. It’s also a reminder of our huge structural advantage over China,” Senator Pat Toomey opined.

    What do you think about Robert Kiyosaki’s predictions? Let us know in the comments section below.

    Tags in this story

    Image Credits: Shutterstock, Pixabay, Wiki Commons

    Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

    Read disclaimer

    Bitcoin News


    Liên quan

    Russia to Trial Digital Ruble Settlements for Real Estate Deals Russia to Trial Digital Ruble Settlements for Real Estate Deals
    Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
    Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’ Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
    Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
    Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE
    Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’ Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
    President of Panama Partially Vetoes Crypto Law Passed by National Assembly President of Panama Partially Vetoes Crypto Law Passed by National Assembly
    Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment

    Filed Under: Bitcoin News Tagged With: Bitcoin, Crash’, Dad’s, Giant, Kiyosaki, Market’, October, Poor, Predicts, Rich, Robert, Says, Stock, Too’

    Korean Man Kills Elderly Mother Over Fried Eggs

    Currently, South Korea is enraged over a cruel criminal case where a son killed his mother for not preparing his snack. On December 7, the 2nd Criminal Division of the Jeju District Court sentenced 41-year-old Mr. A to seven … [Read More...]

    • What channel is PFL Europe 4 2023 on today? Live streams, start time, full card for MMA event
    • Lionel Messi, Argentina To Face Old Foe Chile In Copa America
    • India’s top VCs face fresh obstacles as startup investment plummets

    Recent Posts

    • Korean Man Kills Elderly Mother Over Fried Eggs
    • What channel is PFL Europe 4 2023 on today? Live streams, start time, full card for MMA event
    • Lionel Messi, Argentina To Face Old Foe Chile In Copa America
    • India’s top VCs face fresh obstacles as startup investment plummets
    • BTS’s Jungkook Pays For An ARMY’s Albums




    © Copyright 2023 · All Rights Reserved · Website Design By: www.truongcongthang.com