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Robert Kiyosaki Warns About the Major Collapse of the Stock Market, Invests Heavily in Bitcoin
According to Robert Kiyosaki, indicators of a stock market collapse are flashing red as bitcoin becomes increasingly popular while traditional retirement plans face heavy losses in the impending crash. Robert Kiyosaki Warns About Market Collapse As Bitcoin Targets 1 Million USD Robert Kiyosaki, the author of the book "Rich Dad Poor Dad", has once again expressed concerns about the possibility of a severe financial recession, pointing out that bitcoin, along with gold and silver, are safer alternatives in the context of his observations of increasing instability in the stock market. For more than two decades, his book has been published globally, translated into over 50 languages, and sold millions of copies. His perspective challenges conventional financial thinking, and his latest warning further reinforces his long-standing interest in non-traditional assets. Posted on social media platform X earlier this week, he declared: Market crash indicators warn of a major collapse. Good news for those holding gold, silver, and bitcoin. Bad news for baby boomers with 401k retirement funds. Be careful. Analyzing market behavior, Kiyosaki points out what he understands to be clear signals of an impending collapse of the stock market. He emphasizes that those holding a large number of stocks in retirement accounts — particularly the baby boomer generation — may face significant losses if current valuations deteriorate. His continuous warnings indicate that traditional portfolio allocations are particularly vulnerable in late-cycle market conditions. Shifting from standard asset allocation, Kiyosaki advocates for commodities and digital currencies as strategic buffers against macroeconomic volatility. Describing gold, silver, and bitcoin as "real money," he sees them as a shield against both inflation erosion and the depreciation of fiat currency. The recent increase in the amount of bitcoin he holds reflects a broader strategy to exploit what he sees as a long-term systemic flaw in traditional financial instruments. The famous author predicts that the price of BTC will soar to 1 million dollars as fiat currencies face an increasingly severe collapse. Raising doubts about the sustainability of U.S. fiscal and monetary policy, he argued that uncontrolled federal spending and central bank intervention have weakened the value of the dollar. Calling Bitcoin "the people's money," he described it as an alternative to centralized systems, which he believes are prone to failure. Instead of relying on paper assets, Kiyosaki advocates for a shift to hard and decentralized stores of value in preparation for what he believes is an inevitable financial upheaval.