The Rich Dad Poor Dad author expected gold, silver and cryptocurrency prices to rise in the coming days, calling it “good news” for commoners as well as businessmen.
by Buzz Staff
News 18
American entrepreneur Robert Kiyosaki has expressed his concern over hyperinflation, He referred to a recent US bond auction where, according to him, no bidder showed up. The incident appears to have made Kiyosaki predict a financially turbulent future, not only in the United States but also across other parts of the world. The Rich Dad Poor Dad author took the alleged no-bid auction as a hint of hyperinflation invading America. “The end is near,” he warned in a recent social media post, sparking an online debate.
“What if you threw a party and no one showed up? That is what happened yesterday. The Fed held an auction for U.S. bonds, and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money. The party is over. Hyperinflation is here. Millions, young and old, to be wiped out financially,” Kiyosaki wrote on X (formerly Twitter).