{"id":55312,"date":"2025-04-27T17:35:10","date_gmt":"2025-04-27T17:35:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/55312\/"},"modified":"2025-04-27T17:35:10","modified_gmt":"2025-04-27T17:35:10","slug":"robert-kiyosaki-warns-of-a-greater-depression-coming-to-the-us-but-points-at-2-easy-money-assets","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/55312\/","title":{"rendered":"Robert Kiyosaki warns of a ‘Greater Depression’ coming to the US \u2014 but points at 2 ‘easy-money’ assets"},"content":{"rendered":"\n

In light of President Donald Trump<\/a>\u2019s sweeping tariffs<\/a> and the uncertainty surrounding them, many experts are warning that America may be headed for a recession. But according to Rich Dad Poor Dad author Robert Kiyosaki<\/a>, something far worse is looming.<\/p>\n

\u201cIn 2025 credit card debt is at all time highs. U.S. debt is at all time highs. Unemployment is rising. 401(k)<\/a>\u2019s are losing,\u201d he wrote<\/a> in an X post on April 18. \u201cU.S.A. may be heading for a GREATER DEPRESSION.\u201d<\/p>\n

According to the Federal Reserve Bank of New York, Americans now owe a record<\/a> $1.21 trillion on their credit cards. The U.S. National debt has climbed<\/a> to $36.22 trillion. Meanwhile, the unemployment rate ticked up<\/a> to 4.2% in March, and retirees are watching their 401(k)s shrink amid ongoing market volatility.<\/p>\n

The Great Depression of the 1930s was the worst economic crisis in modern history \u2014 marked by mass unemployment, widespread poverty and a collapse in consumer and business confidence. But by calling the next downturn a \u201cGreater Depression,\u201d Kiyosaki suggests it could be even more devastating.<\/p>\n

As he put it, \u201cThis coming Great Depression will cause millions to be poor \u2026 and a few who take action, may enjoy great wealth and freedom.\u201d<\/p>\n

So, what kind of action is he recommending?<\/p>\n

\u201cFor those who take action today, when the crash crashes, those who invest in just one Bitcoin, or some gold, or silver \u2026 You may come through this crisis a very rich person,\u201d Kiyosaki wrote.<\/p>\n

That advice should come as no surprise \u2014 Kiyosaki has long been a vocal proponent of these alternative assets, which he backed by making a bold prediction.<\/p>\n

\u201cI strongly believe, by 2035, that one Bitcoin will be over $1 million. Gold will be $30K and silver $3,000 a coin,\u201d he wrote.<\/p>\n

Let\u2019s take a closer look at the assets he\u2019s championing.<\/p>\n

Kiyosaki\u2019s endorsement of gold and silver is nothing new \u2014 he\u2019s been advocating for precious metals for decades.<\/p>\n

Back in October 2023, he wrote<\/a> on X: \u201cGold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop, gold $3,700.\u201d<\/p>\n

Gold prices surged in 2024 and have continued to climb through 2025, now trading around $3,300 per ounce.<\/p>\n

Story Continues <\/p>\n

Read more:<\/strong> This hedge fund legend warns US stock market will crash a stunning 80% \u2014 claims ‘Armageddon\u2019 is coming. Don\u2019t believe him? He earned 4,144% during COVID. Here\u2019s 3 ways to protect yourself<\/a><\/p>\n

Gold has long been viewed as a safe haven. It\u2019s not tied to any one country, currency or economy. It can\u2019t be printed out of thin air like fiat money, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in \u2014 driving up its value.<\/p>\n

Ray Dalio, founder Bridgewater Associates \u2014 the world\u2019s largest hedge fund \u2014 told<\/a> CNBC in February: \u201cPeople don’t have, typically, an adequate amount of gold in their portfolio,\u201d adding that, \u201cwhen bad times come, gold is a very effective diversifier.\u201d<\/p>\n

There are plenty of ways to gain exposure to precious metals today. Investors can buy bullion \u2014 many online platforms offer a wide selection of gold and silver bars and coins<\/a> at fair prices \u2014 own shares of mining companies, invest in precious metal ETFs and even tap into potential tax advantages through a gold IRA<\/a>.<\/p>\n

Bitcoin has been one of the top-performing assets of the past decade \u2014 and Kiyosaki believes it still has room to run.<\/p>\n

On Nov. 29, he predicted<\/a> on X: \u201cBitcoin will soon break $100,000.\u201d On Dec. 4, the cryptocurrency surpassed that milestone, grabbing headlines worldwide.<\/p>\n

Although Bitcoin has since dipped below $100,000, Kiyosaki\u2019s long-term forecast remains ambitious: $1 million per coin by 2035.<\/p>\n

He\u2019s not alone in that view. Twitter co-founder Jack Dorsey said<\/a> in an interview with Pirate Wires published in May 2024 that Bitcoin could hit \u201cat least\u201d $1 million by 2030 \u2014 and possibly go even higher. Ark Invest CEO Cathie Wood recently echoed that sentiment, stating that in a bull case, Bitcoin could reach $1.5 million by the end of the decade.<\/p>\n

For those looking to hop on the crypto bandwagon, there are many options to buy Bitcoin, including online exchanges, brokers and even ATMs. Be warned, they can charge high commission fees, so look for ones that charge low or even zero commissions, and always make sure you’re using a reputable platform.<\/p>\n

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.<\/p>\n","protected":false},"excerpt":{"rendered":"In light of President Donald Trump\u2019s sweeping tariffs and the uncertainty surrounding them, many experts are warning that…\n","protected":false},"author":2,"featured_media":55313,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,22985,1700,6201,16481,16483,977,16,15],"class_list":{"0":"post-55312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-credit-card-debt","10":"tag-economy","11":"tag-market-volatility","12":"tag-rich-dad-poor-dad","13":"tag-robert-kiyosaki","14":"tag-stock-market","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114411138199623545","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/55312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=55312"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/55312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/55313"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=55312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=55312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=55312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}