Robert Kiyosaki Predicts Bank Collapse and Rise in Precious Metals

03/12/2023 01:45 • Digital Disruptors • 87 views

According to reports, Robert Kiyosaki, author of “Rich Dad and Poor Dad”, said in a social media article that after the collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank, another bank was about to close down, but he did not disclose the name of the third bank facing difficulties. In addition, he also predicted that once the third bank had problems, the price of gold and silver might rise, and ETF products might face difficulties, Robert Kiyosaki predicted the collapse of Lehman Brothers in an interview with CNN in 2008.

Rich Dad Poor Dad Author: The third American bank is going to fail

Analysis based on this information:

Robert Kiyosaki, the author of the best-selling book “Rich Dad and Poor Dad”, predicts the collapse of the banking industry and subsequent rise of gold and silver prices. He made this prediction in a recent social media post where he claimed that after the collapse of Silicon Valley Bank and the liquidation of Silvergate Bank, another bank is facing difficulties but hasn’t been named.

Kiyosaki did not specify the reasons for the possible bank closure, but he emphasized that the implications would be severe for the entire banking industry. He alluded to the 2008 financial crisis where Lehman Brothers filed for bankruptcy, causing a domino effect that resulted in the collapse of other financial institutions.

Furthermore, he mentioned that the rise in precious metals prices would be predictable as they are often used as a safe haven asset during times of economic uncertainty. Adding to that, he predicted that ETF products would also face difficulties as they are typically tied to the performance of the financial markets.

Kiyosaki’s message may sound alarming to some, but others may see it as just another warning sign of an inevitable market correction. He has a history of making bold predictions, including foreseeing the 2008 financial crisis, which gives him some credibility in the financial world. However, it’s essential to note that not all predictions of financial experts turn into a reality.

In conclusion, Robert Kiyosaki predicts a possible bank collapse, which could have severe ripple effects across the banking sector. The impact of such a collapse would cause a rise in precious metal prices, which may be seen as a safe haven asset by investors. Nevertheless, Kiyosaki’s prediction is a reminder of the importance of staying informed and maintaining a diversified investment portfolio.

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