Amid a turbulent market where many industry experts and investors are uncertain where to invest, a leading economics writer is encouraging people to hoard Bitcoin (BTC) in addition to the precious metals gold and silver. As Kriptokoin.com, we are transferring the details.
Accumulate gold, silver, Bitcoin, food, guns and bullets
Famous finance writer Robert Kiyosaki, in light of the Davos event in Switzerland and the International Monetary Fund (IMF), He tweeted on May 23 to highlight his thoughts on the current global market situation. The famous author warns that we are facing the worst financial crisis since World War II. Kiyosaki hints that a possible World War will come and recommends saving gold, silver, Bitcoin, food, weapons and ammo in return. The author tweeted:
May 23, 2022: DAVOS, Switzerland The IMF warns the world that it is facing the biggest financial challenges since the Second World War. Global catastrophe has been coming for years. Desperate leaders will do desperate things. Is World War Coming? May God have mercy on us. Collect gold, silver, Bitcoin, food, weapons and bullets
This Around 2,500 world leaders from industry, politics and civil society are scheduled to attend Davos this week. In addition to the conflict in Ukraine, recovery from the pandemic, addressing climate change, the future of commerce, the advancement of stakeholder capitalism and making the most of new technology are some of the topics to be discussed at Davos.
Finance and worsening economic conditions
Business meeting’s agenda is expected to include discussions on the deteriorating conditions of the world financial markets and economy. After a significant recovery from the recession that emerged with the onset of the pandemic two years ago, there are now multiple threats to that recovery. This caused the IMF to lower its global growth forecast for the second time since the crisis.
As a result of blocked supply chains, inflation has been a concern over the past year, particularly in the United States economy. Since the beginning of 2022, further developments, such as the Russian invasion of Ukraine and waves of COVID-19 quarantines across China, have slowed or even halted a recovery. This further complicated the situation.
“Corrupted institutions must not destroy themselves first”
Interestingly, last week, Kiyosaki tweeted, “I keep getting bullish on the future of Bitcoin.” He also explained that he is also keeping an eye out for Bitcoin hitting a new low, predicting that Bitcoin could hit $20,000, $14,000, $11,000, and even $9,000 at this point. The well-known author then explained the reasons why he remains positive about Bitcoin. According to Kiyosaki, both the Federal Reserve and the Treasury Department are corrupt institutions and will need to self-destruct before they can restore their integrity, integrity, and moral compass.
Also with Kiyosaki, Gerald Celente, founder and director of Trends Research Institute, when the stock markets crash in January, reality will hit Main Street, so GSB It is worth noting that he said (gold, silver, Bitcoin).