Robert Kiyosaki, author of the Rich Father Poor Baba book, spoke about the bankruptcy of Silicon Valley Bank (SVB), which directly influenced the world banking sector. BTC, which he has been talking about for a long time, explained the other assets he will buy…
Robert Kiyosaki says that the bankruptcy deleted BTC price will continue
Legendary financial writer Robert Kiyosaki spoke about what should be done in the collapse of two large banks Silvergate and SVB, who are friends in the crypto field. Both banks faced a big decline in withdrawal from their customers and then a big decline in the stock price. Finally, the company, which manages Silvergate Capital, announced that the bank has stopped its activities. SVB Financial is reported to have negotiated with corporate investors to sell the Bank’s assets for similar reasons.
Kiyosaki responded to this news with a tweet interpreting the consequences of the bankruptcy of the two major banks. He believes that he is “ready to go” to the bankruptcy path in other major banks. Nevertheless, he did not share the name of a particular bank.
Following the bankruptcy of Silvergate, Fud news began to spread after the bank’s stocks faced a major price drop. Kiyosaki says that only two assets will turn this crisis into an opportunity.
“I will buy them”
Kiyosaki believes that the prices of gold and silver will jump when the third bank decreased. The investor referred to his own experience here, reminding him that the Lehman Brothers bank will sink in 2008, which was closed in 2008. Investment legend says that only silver will be durable under this crisis environment:
Two large banks collapsed. Now it’s time to buy real gold and silver. Do not buy ETF. When banks turn to gold and silver, the price jumps. I guessed that 2008 Lehman would collapse days before CNN collapsed.
https://twitter.com/therealkiyosaki/status/163428953029464640641
On Monday, Kiyosaki will talk about Neil Cavuto’s news program and Fox TV to discuss the issue. He had repeatedly said that Bitcoin (BTC) was an entity that could be purchased in crisis environments.
According to Kiyosaki, BTC will see $ 500,000
Earlier this year, Kiyosaki, the leading investor of Bitcoin and precious metals, shared his opinion that BTC would jump until 2025 and reach $ 500,000.
He explained his position here and said that the US dollar was rapidly worthless because billions of dollars continued to be printed from nothing by the US government. In an interview with Kiyosaki, trillions of “fake dollars” have been printed in the last two years. Only in 2020, the FED was printed over $ 6 trillion to help the average US households and large enterprises to lock the pandem.
https://twitter.com/therealkiyosaki/status/162498584267894784
Kriptokoin.comAs you have followed from Kiyosaki, according to previous tweets, a global collapse rapidly approached and believes that it could be worse than the Great Depth of the 1930s.