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Rich Dad Poor Dad author warns of Bitcoin (BTC) crash on Valentine’s Day

Gamza Khanzadaev

Robert Kiyosaki, author of the best-selling business literature Rich Dad Poor Dad, expects a massacre in the financial markets on February 14

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Renowned economics author and entrepreneur Robert Kiyosaki addressed the public with a statement on the current situation in the markets and expressed rather pessimistic expectations for the upcoming Valentine’s Day.

The author of the best-selling book Rich Dad Poor Dad, based on the Stansberry Research report, claims that next Tuesday, February 14th, will be a real financial market massacre, citing the notorious mafia Al Capone gang action in the late 1920s.

Perfect timing

Like 94 years ago, this Valentine’s Day will have its actors, but this time in the form of inflation data. So this February 14th is the day when the latest US consumer price index is released. As an indicator of inflation, the index will indicate the future direction of monetary policy by the US Federal Reserve and will directly affect the listings of financial assets, especially the riskiest ones, i.e. cryptocurrencies.

Kiyosaki expects the prices of all assets to fall, including his favorites gold, silver and bitcoin (BTC), but warns not to panic. There is good news, however, as the market collapse will present opportunities to buy more of the right financial instruments against “fake” dollars, the author reports.

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