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Best-selling personal finance author Robert Kiyosaki says that financial planners are not being honest about US Treasury Bills.
In a post on the social media platform X, the Rich Dad Poor Dad author says the idea that US bonds are safe is a “lie” that will likely soon be exposed.
Kiyosaki says demand for bonds will continue to crater and eventually crash during an upcoming “Great Depression,” one that wipes out everything except a few key assets like Bitcoin (BTC) and precious metals.
“Financial Planners lie when they say ‘Bonds are safe.’ There is nothing safe in a market crash.
The commercial real estate market is crashing.
Moodys downgraded US bonds.
Asians buying gold.
No one is showing up to buy bonds.
I’ve been buying real gold, silver, and Bitcoin…. Oil, and cattle….for years….Because I plan on getting richer during the coming crash and the next Great Depression
Stock and bond holders will get F***ED.
What are you doing? Are you going to get richer or poorer?”
Last month, Kiyosaki said he was holding Bitcoin and precious metals in anticipation of “another 1929 crash,” and expects BTC to hit the $1 million mark “one day soon.”
“I sit tight with gold, silver, and Bitcoin. Good luck. We may be on the brink of another 1929 crash and another Great Depression. America’s debt is out of control. America is the world’s biggest debtor nation in history. You can only print money to pay your bills… for so long.”
