TL;DR
- Robert Kiyosaki compares the current U.S. market climate to the eve of the 1929 crash and suggests a major downturn is approaching.
- He highlights the moves of Warren Buffett and Jim Rogers as proof that seasoned investors are bracing for trouble.
- Kiyosaki urges individuals to protect their savings by turning to Bitcoin, gold, and silver instead of relying solely on stocks and bonds.
Robert Kiyosaki, well-known for his outspoken views on financial independence, has issued a new warning that the U.S. economy may be on the verge of a meltdown similar to the Great Depression. In a recent statement on social media, he cautioned that traditional retirement funds loaded with equities could be at serious risk if the current stock market boom unravels.
He cited the decisions of iconic investors Warren Buffett and Jim Rogers, both of whom have reportedly reduced their exposure to stocks and bonds, preferring cash and silver instead. Kiyosaki interprets this move as a clear sign that experienced investors are preparing for deeper market shocks that many retail investors might overlook.
Debt Fears Driving Interest In Bitcoin
Kiyosaki argues that the root of the problem is the ballooning national debt and the endless printing of dollars to cover mounting obligations. He describes the United States as the biggest debtor in world history, warning that there is only so much time left before the system strains to its breaking point.
For him, Bitcoin, alongside gold and silver, stands as a reliable hedge against what he calls an inevitable collapse of purchasing power. He points out that Bitcoin’s decentralized nature and fixed supply make it fundamentally different from fiat money, which governments can inflate at will.
Buffett And Rogers Moves Spark New Conversations
Adding weight to his warning, Kiyosaki underlined the fact that Buffett’s Berkshire Hathaway has been sitting on record cash reserves, while Jim Rogers has publicly favored hard assets over paper investments. These shifts, he says, are no coincidence but a message for everyday investors to rethink where they park their savings.
Kiyosaki also took the opportunity to remind followers that while he doesn’t support Bitcoin ETFs, he strongly backs holding actual Bitcoin as a long-term safeguard. With spot Bitcoin ETFs drawing billions and Bitcoin’s price nearing new all-time highs, he believes now is the moment for cautious action rather than complacency.
He closed his message by encouraging people to take responsibility for their financial well-being and avoid panic, but to stay vigilant as the markets approach what he sees as a historic turning point.
