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“The crash has arrived”: Rich Dad Poor Dad author Robert Kiyosaki doubles down on gold, silver, Bitcoin strategy

Business News - April 14, 2025 - 10:45am
Renowned author and financial educator Robert Kiyosaki, best known for his bestselling book Rich Dad Poor Dad, issued a cautionary message on social media stating that the crash (about which he talked in a previous tweet) has arrived. He urged individuals to take note of the ongoing developments in gold, silver, and Bitcoin.In a recent tweet posted on X (formerly Twitter), Kiyosaki warned that the financial system is undergoing major turbulence and emphasized that precious metals and cryptocurrencies could play a critical role in navigating the crisis.“PLEASE LISTEN to Gold, Silver, & Bitcoin. What are they telling you? Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring,” Kiyosaki stated. He went on to stress that he had long warned about an impending crash in the stock and bond markets in his previous publications, such as Rich Dad’s Prophecy, Who Stole My Pension, and Fake.Link: https://x.com/theRealKiyosaki/status/1911409050815693069According to Kiyosaki, that giant crash has arrived. He expressed concerns about what he described as a ‘corrupt and crooked US dollar’ and claimed that savers of stocks, bonds, ETFs, and mutual funds are facing the risk of their wealth being wiped out.He attributed the ongoing financial instability to a sinister global banking cartel, naming central banks including the Federal Reserve, the European Central Bank, the Bank of Japan, the Bank of England, and the Bank for International Settlements.Kiyosaki urged followers to question the current financial structure. He advised individuals to take action while there is still time, suggesting that those who acquire “real gold, silver, and Bitcoin” might emerge as the “new rich and the new leaders of the world” in the aftermath of what he described as a “premeditated disaster.”The tweet concluded with a rhetorical challenge to conventional financial education: “Go back to college, get another degree, get deeper in debt with more student loans and learn nothing about money… much less… learn nothing about the real world of money?”Earlier in March 2023, Kiyosaki had tweeted, "THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history. Germany, Japan, and America have been the engines up to now. Unfortunately our incompetent leaders led us into a trap….giant crash. I wrote about this crash in my book RICH DAD’s PROPHECY. This crash is going to be bigger than the 1929 Crssh…. A crash that led to the Great Depression".Also read: Trump says new chip tariffs coming over the next week, signals flexibility on iPhones(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Categories: Business News

PM Modi inaugurates Hisar airport

Business News - April 14, 2025 - 10:36am
Categories: Business News

Earthquake of 4.5 jolts Myanmar

Business News - April 14, 2025 - 10:28am
An earthquake of magnitude 4.5 jolted Myanmar on Monday, a statement by the National Center for Seismology (NCS) said on Monday.As per the NCS, the earthquake occurred at a shallow depth of 10km, making it susceptible to aftershocks.In a post on X, the NCS said, "EQ of M: 4.5, On: 14/04/2025 01:32:31 IST, Lat: 19.78 N, Long: 95.49 E, Depth: 10 Km, Location: Myanmar."— NCS_Earthquake (@NCS_Earthquake) Meanwhile, on Saturday, in response to a formal request from the Government of Myanmar, a specialist team of Indian Army Engineers arrived in the country on 6 April 2025 under Operation Brahma, further reaffirming India's ongoing commitment to regional support and humanitarian relief.In a post on X, the Indian Embassy in Myanmar said, "After assessing several earthquake affected sites in Naypyitaw & Mandalay, the safety & demolition specialist engineers team from India assisted concerned Myanmar authorities in assessing the Old Ava railway bridge on Irrawaddy River in Mandalay today."— IndiainMyanmar (@IndiainMyanmar) According to the Indian Army, the Engineer Recce Team--led by the unit's Commanding Officer and comprising one officer and five personnel--has been deployed to assess earthquake-affected infrastructure in the Mandalay and Naypyitaw regions.The deployment marks a crucial phase in India's continued efforts to support Myanmar following the deadly 7.7-magnitude earthquake that struck the nation on 28 March. The team has been conducting a comprehensive assessment of damaged structures and facilities, providing critical technical input to guide ongoing relief and reconstruction measures.Operation Brahma has been India's dedicated humanitarian outreach to Myanmar in the wake of the disaster. As part of this initiative, India has also extended aid to the Indian diaspora in the Yangon region.The Embassy of India in Myanmar stated that Ambassador Abhay Thakur handed over 15 tonnes of rice, cooking oil, and foodstuff to a local community relief group. The Consulate General of India in Mandalay similarly contributed by providing a generator set, water purifier, and cooking oil to the Ambika temple kitchen, which is currently serving meals to 4,000 people daily.
Categories: Business News

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