Robert Kiyosaki Says We Are In A Technical Depression But The Worst Is Yet To Come

December 22, 2021 10:43 am Comments

Robert Kiyosaki is a financial legend, and an excellent teacher.

The legendary businessman and investor recently sat down with Stansberry Research and told them that we are currently in a depression, but he hinted that the worst is yet to come.

According to Kiyosaki an inversion in the EUR/USD yield curve is always a precursor to financial ruin.

This inversion in the curve occurred right before the 2008 financial collapse which took out investment giants such as Lehman Brothers, and led to the bailout of many other financial institutions.

The same yield curve inversion occurred in 2019 right before the Covid-19 pandemic, and it recently just happened again….

Kiyosaki’s advice is to invest in precious metals—gold and silver are his main suggestions, and of course to invest in Bitcoin.

Here’s what he had to say:

Finbold quotes Kiyosaki:

“It happened (market crash) with inflation going up. But the thing is, it’s already coming down. If the economy is only growing at 2%, that’s a technical depression. So people are watching, the stock market is up, everybody is happy and all this, but everything is inverting upon us. Just recently, that Euro/dollar curve inverted and so this one is going to happen again. That’s why I’m saying to people because I’m a gold, silver and Bitcoin bug, this is a good time to get gold and silver.” reiterated Kiyosaki’s bullish stance on Bitcoin:

Amid his gloomy predictions, Kiyosaki recommends buying bitcoin. In August, he said bitcoin is the investment with the greatest upside. In October, he said bitcoin has a “very bright” future. Last month, he revealed that he was buying more bitcoin and ether as inflation concerns intensified.

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