Rich Dad Poor Dad author says the biggest real estate crash of all time is imminent and cites BTC and precious metals as the answer

Robert Kiyosaki, author of Rich Dad Poor Dad, again predicts that the real estate sector will collapse and trigger a severe global financial crisis.

The former bestselling author says 2023 will see a worse economic downturn than the 2008 Global Financial Crisis (GFC), which was caused by an imploding commercial real estate market.

Kiyosaki cites San Francisco as an example of the real estate problem, where office buildings have fallen in value after workers left and didn’t return during the pandemic. Kiyosaki is advising people that gold, silver and bitcoin (BTC) are the best stores of value to protect their wealth during a downturn.

“Biggest real estate crash of all time.” 2008 was the GFC. In 2023, the global financial crisis will make 2008 look like nothing. In 2019, office towers in San Francisco were in high demand. In 2023, those same buildings will have lost 70% of their value. What will cities do with office buildings? houses for the homeless. Receive [gold, silver, Bitcoin].”

He has predicted that the top precious metals and Bitcoin will see huge gains by 2025. The trigger for the surge is an economic collapse, forcing the Federal Reserve to print billions to prop up markets, increasing the country’s debt and lowering the value of the dollar.

“Huge crash is coming. depression possible. The Fed is forced to print billions of counterfeit money. By 2025 gold will be at $5,000, silver at $500 and bitcoin at $500,000. Why? Because the belief in US dollars, counterfeit money, is being destroyed. Gold and silver God’s money. Bitcoin [is the] people’s money. Watch after.”

When regional banks collapsed in March, he also drew a comparison to the financial crisis of 2008, when the banking giant Lehman Brothers filed for bankruptcy.

“Two major banks have collapsed. #3 starts. Buy real gold and silver coins now. No ETFs (Exchange Traded Funds). When Bank #3 rises, gold and silver skyrocket. In 2008, I predicted Lehman’s collapse days before it did on CNN.”

Bitcoin is trading at $26,644 at the time of writing, up 0.7% over the past 24 hours.

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