Robert Kiyosaki: Market crash is coming, gold and silver prices to soar
Translated from Chinese and summarized by DistantNews. Read the original for the full story.
At a glance
- Financial author Robert Kiyosaki warns of an imminent market crash, predicting significant price surges for gold and silver.
- He cites investment expert Jim Rickards, forecasting gold prices could reach $100,000 per ounce and silver $200 per ounce.
- Kiyosaki urges investors to act proactively, viewing the potential crisis as an opportunity to build wealth.
Robert Kiyosaki, the best-selling author of "Rich Dad Poor Dad," has issued a stark warning about the global financial markets, predicting an imminent "crash."
In a recent social media post, Kiyosaki amplified the views of investment expert Jim Rickards. According to their analysis, gold prices are projected to skyrocket to $100,000 per ounce, a dramatic increase from the current approximate price of $4,500 per ounce. Kiyosaki emphasized the substantial long-term growth potential for gold.
Beyond gold, Kiyosaki also expressed a bullish outlook on silver. He anticipates its price could climb to $200 per ounce, a significant jump from its current trading price of around $75 per ounce. Kiyosaki advised investors that "the best investors see the future and take action."
He framed the potential financial crisis not as an inevitable disaster for everyone, but as a potential opportunity. Kiyosaki believes that individuals who position themselves strategically ahead of market turmoil can accumulate substantial wealth.
the best investors see the future and take action.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.