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The whole market, including Bitcoin, gold, stocks, will deal with a severe accident in October, said Robert Kiyosaki, very popular author of "Rich Father Poor Dad".
Talking To Michelle Makori, editor-in-chief of Kitco Information, Kiyosaki explained the consider the economic situation that have actually been leading up to this upcoming collision, as well as highlighted the severity of the market downturn that's to find.
" It's mosting likely to be the largest collision in globe background. We have never ever had this much debt pumped up. Debt is the greatest issue of all … the financial debt to GDP proportion runs out sync. So when it boils down, as well as it's going to bring whatever down with it, that's when I'm mosting likely to be buying even more gold, silver, and also Bitcoin," Kiyosaki said.
Comply With Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Robert Kiyosaki on Twitter: @theRealKiyosaki ()
0:00 – Market accident in October
7:27 – $1 trillion platinum coin
12:20 – Wide range conservation
14:29 – Afghanistan, geopolitics
17:12 – Fedcoin
23:02 – Property
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Robert Kiyosaki: ‘The biggest crash in world history’ hits this October
The whole market, including Bitcoin, gold, stocks, is about to face a serious crash in October, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad”.
Speaking to Michelle Makori, editor-in-chief of Kitco News, Kiyosaki explained the factors in the economy that have been leading up to this upcoming crash, and highlighted the severity of the market downturn that’s to come.
“It’s going to be the biggest crash in world history. We have never had this much debt pumped up. Debt is the biggest problem of all…the debt to GDP ratio is out of sync. So when it comes down, and it’s going to bring everything down with it, that’s when I’m going to be buying more gold, silver, and Bitcoin,” Kiyosaki said.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Robert Kiyosaki on Twitter: @theRealKiyosaki (https://twitter.com/theRealKiyosaki)
0:00 - Market crash in October
7:27 - $1 trillion platinum coin
12:20 - Wealth preservation
14:29 - Afghanistan, geopolitics
17:12 - Fedcoin
23:02 - Real estate
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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