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Robert Kiyosaki Issues Stark Warning: 1929-Like Market Crash Imminent
Noted financial author and investor Robert Kiyosaki has issued a dire warning to investors, cautioning that the US market may be on the cusp of a catastrophic crash similar in magnitude to the devastating Great Depression era. This ominous forecast comes as Bitcoin (BTC) approaches the $120,000 mark amid ongoing US-EU trade developments.
As Bitcoin continues its upward trajectory, Kiyosaki urges investors to take immediate action by diversifying their portfolios and securing tangible assets. He emphasizes the importance of holding real assets such as gold and silver over traditional investments like stocks and ETFs.
Kiyosaki’s warning serves as a stark reminder that even the most experienced financial minds can recognize market anomalies and impending downturns. His stance on Bitcoin, in particular, stands out, advocating for direct ownership rather than trusting ETF-backed instruments. He highlights the risks associated with retirement accounts such as 401(k)s and IRAs, which rely heavily on the volatile stock market.
The billionaire entrepreneur warns that any resemblance to the 1929 crisis would be disastrous for individual investors’ financial well-being, leaving many vulnerable to severe losses.
Source: coincentral.com
