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According to Robert Kiyosaki, there will be a massive market collapse in October.
His warning about the potential collapse of the US stock market is accompanied by some advice on investing in gold, silver, and bitcoins, and also recommends having cash.
According to Kiyosaki, a giant stock market crash is coming in October due to the fact that the Treasury and the Fed do not have enough treasury bills. Along with this, silver, gold, and bitcoins may also collapse. In this case, cash will be useful for making new deals after the collapse since stocks are dangerous.
Robert Kiyosaki spoke about the impending debt crisis in the United States and the dangers of a government shutdown if the debt ceiling is not raised this week.
He tweeted that the US government is without money. A crisis is looming. The largest Chinese developer Evergrande with 800 projects in 200 cities is also without money. So, he suggested buying Gold, Silver, Bitcoin, and Ethereum before the biggest crash in history and warns people to be careful.
Kiyosaki said that Biden is destroying America as he opened the southern border, which resulted in the emergence of COVID-19. He also thinks that the US president abandoned Americans, provide weapons in Afghanistan, and talks about the shutting down of the American oil industry.
"The Liberals are destroying the working people. Poisonous incompetent fascist leadership. It's sad," Kiyosaki said.
He added that the disaster with Evergrande in China has spread to the United States, and the real estate market will collapse along with the stock market.
According to him, the collapse of the real estate market already spread to the United States. There are great opportunities in stocks and real estate for smart investors, but a disaster for stupid investors.
"I hope I'm wrong, but I think the revolution has begun. The gap between rich and poor is too big. Biden, liberals, and incompetent generals. The Fed prints trillions of counterfeit money. Gold, Silver, Bitcoins, and bullets are the best assets of the revolution. Keep in mind." he said.