Rising inflation and rising interest rates continue to send tense feelings to global markets. However, the famous writer Robert Kiyosaki says that the real problem is what is going on in the bond market. Saying that the dollar is about to explode, the expert recommends Bitcoin, Solana and a number of altcoins.
Robert Kiyosaki says bond market is about to crash
Robert Kiyosaki, author of Rich Dad Poor Dad, made a few new predictions about the stock and bond markets. The famous writer said on Twitter on Saturday that he will buy Bitcoin at gold, silver and lower levels from this environment:
The US bond market is crashing. Biggest bond crash since 1788. Bond markets are bigger than the stock market. Now I’m buying more gold, silver and waiting for Bitcoin to drop.
Kiyosaki also emphasizes that China’s real estate market is also collapsing. The finance expert points out that there are “more than 90 million vacant apartments in China”. In another tweet the same day, he explained:
Losers watching the stock market. The real problem is in the bond market. The bond market is 40 times larger than the stock market. Please pay attention to bonds, not stocks. Big accident will come.
Famous author recommends Bitcoin and these altcoins
Robert Kiyosaki expressed concern about hyperinflation and depression in April. He also said many times that we are in the biggest bubble in world history. At the same time, he predicted that the US dollar was about to explode in March, recommending investors to buy Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The famous writer expressed the following on Twitter on this date:
Will Smith slapped Chris Rock at the Oscars. Biden slapped Putin on the world stage. Toxic masculinity. The world is in trouble. The national debt will go through the roof. Biden causes inflation and blames Putin. The dollar is about to explode. Buy more gold, silver, Bitcoin, Ethereum and Solana before the third world war.
Gold is Kiyosaki’s most basic advice. The precious metal has been a safe haven asset for centuries. Another asset Kiyosaki recommends is silver, a store of value just like gold, and a hedge against rising interest rates and inflation. Bitcoin is another safe haven that Kiyosaki has been talking about for a long time. However, the famous author expects to buy Bitcoin at lower levels.
Robert Kiyosaki says he will buy Bitcoin at this level
Kiyosaki has said several times that he expects Bitcoin to bottom out in order to buy more. Last month, he revealed that he expects BTC price to test $1,100 before buying. Earlier this month, he said he was in a pending cash position to buy at a discount as prices dropped. cryptocoin.comAs you follow, Bitcoin (BTC) is trading in the region of $ 22,750 on July 24.
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