"Historic Stock Market Crash Coming"... Wealthy Dad's Advice Issued with Warning

"The Worst Stock Market Crash Will Occur This February"
"Stocks and Bonds Will Collapse... Bitcoin to See an Unprecedented Boom"

Robert Kiyosaki, an American author known for the global bestseller "Rich Dad Poor Dad," has once again warned of a potential stock market crash and mentioned that Bitcoin will experience an unprecedented boom.

On the 29th (local time), according to Yahoo Finance, Kiyosaki warned on his social media account that "the worst stock market crash in history, which I warned about in 2013 through 'Rich Dad Poor Dad,' will occur this February." He added, "As the stock and bond markets collapse, investors will flock to Bitcoin seeking a safe haven."

Robert Kiyosaki. X

Earlier this month, Kiyosaki also stated, "I warned in 2013 that the biggest stock market crash in history was approaching," and said, "That crash is happening right now." He compared the current U.S. economic situation to the 2008 financial crisis, pointing out, "This year, the automobile market, housing market, restaurants, retailers, and even wine sales are all declining. Everything is worsening, and the world is on the brink of war." Along with this, he emphasized, "When millions of people panic, it is important to remain calm and wise," and added, "I will listen to investors at the Vancouver Resource Investment Conference (VRIC) and examine gold and silver mines."

However, he explained that the market collapse could be interpreted positively. He said, "When the market crashes, everything will be up for sale," noting, "Especially houses and cars are already being traded at attractive prices." He further emphasized, "The better news is that billions of investors will leave the stock and bond markets and enter the cryptocurrency market," adding, "Bitcoin will experience an all-time boom." He also stressed, "It is important to seize the opportunity while it still exists," and added, "There is a need to discard fake products and invest in cryptocurrencies, gold, and silver."

Kiyosaki, known as the "Rich Dad," has warned several times over the past few years about the possibility of a stock market collapse. In particular, regarding the U.S. debt risk last year, he stated, "All assets with bubbles, including stocks, bonds, and real estate, will collapse." However, contrary to his warnings, the U.S. stock market last year showed historic gains driven by the artificial intelligence (AI) boom and expectations of interest rate cuts by the U.S. Federal Reserve (Fed).