Friday , December 27 2024

Stock market, real estate, bond market will crash, invest in precious metals and bitcoin: Robert

Investment Tips: In view of the boom in the stock market, investors are increasing their investments in shares. To take advantage of the rise in gold and silver, many investors have also increased their investment in precious metals. But regarding whether this boom will continue or not, Robert T. Kiyosaki, author of 'Rich Dad Poor Dad', has shown a negative attitude towards the stock market, real estate and bond market. In view of the challenges seen globally, he is advising to invest in gold, silver and bitcoin.

There will be recession in stocks, bonds and real estate

While giving investment advice through social media, Robert said that there is an inflated bubble in stocks, bonds and real estate. Which will crash anytime. The post also mentions the continuously increasing debt of America. America's debt is increasing by 1 trillion dollars every 90 days. Robert, fearing the increase in America's debt, advised that to save yourself, please buy gold, silver and bitcoin. Everything will be ruined. In times of trouble, only gold, silver and bitcoin will provide support.

The price of Bitcoin will be 23 lakh dollars

Regarding Bitcoin, Robert reiterated Cathie Wood's estimate that Bitcoin could rise to $2.3 million. Which is growing very fast. I trust Cathie Wood's estimates and predictions, so I will increase her buying. The richest and happiest people in the real world are those who make mistakes and learn from their mistakes. I believe Bitcoin will rise to $23 million.

Investing in silver will create wealth

Robert T. Kiyosaki previously touted investing in silver as a way to get rich. He has been advising investment in gold and silver many times before. Kiyosaki is most bullish on silver in particular. In a post last year, he had appealed to people to invest in silver. He said, if you want to become rich from poor then now is the time. You can fulfill your dream of becoming rich through silver.

Silver will remain at $20 for 3 to 5 years, then rise to $100 to $500 over the next few years. The demand for silver in the industrial sector is continuously increasing.