Robert Kiyosaki, a famous investor and entrepreneur, complains about the US Federal Reserve’s (FED) interest rate hikes. Kiyosaki claims that the Fed is killing the economy.
Robert Kiyosaki, who is also a famous investor, the author of the personal development book “Rich Dad Poor Dad”, has been recommending Bitcoin, gold and silver to his followers for a long time. The successful investor, who believes that these products will rise sharply in the future, shared the following words on the subject in his post on his official Twitter account as of today:
“Gold & silver prices plunge as Fed continues raising interest rates. Silver is out of stock so I am buying physical gold coins. Raising interest rates will kill economy. Stock, bond, real estate will crash. Fed will pivot. Buy Gold, Silver & Bitcoin before FED pivot. Take care.”
Expecting the stock, bond and real estate sectors to collapse after the FED’s moves in the future, Kiyosaki wants his followers to be careful about what will happen. Continuing to underline that the assets with limited supply will be the most popular products of the coming years, the successful investor expects the leading cryptocurrency Bitcoin to leave its mark on the financial markets again. For now, although the FED does not seem to take a step back, a crash in the markets once again may enable the FED to stop the rate hikes.