Robert Kiyosaki blasts the US as an ‘economy of debt’ with the ‘worst crash’ yet to come. How to protect your wealth
View original at finance.yahoo.comRobert Kiyosaki blasts the US as an ‘economy of debt’ with the ‘worst crash’ yet to come. How to protect your wealth Gage Skidmore / Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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Gold is God's money
80% confidenceOne day the national debt will matter and show up in confidence in U.S. markets. If foreign buyers hesitate, we could see low inflation but elevated interest rates because deficits are high and financing becomes harder
80% confidenceThe worst crash in history may be unfolding, starting with the stock market
80% confidenceThe bigger problem is the national debt of the USA
80% confidenceCrashes do not happen overnight, they take decades to occur
80% confidenceThere will be only 21 million Bitcoins. Fake Government money is unlimited. That means Bitcoin increases in value as the US dollar goes down in purchasing power
80% confidenceGold could reach $10,000 an ounce
80% confidenceThis crash was started back in 1913, 112 years ago, when the Marxist US Federal Reserve Bank took over America's monetary system
80% confidenceWhen the financial market has a crash/sale, the poor sell and run while the rich rush in and buy
80% confidenceThe national debt of the US keeps going up and the purchasing power of the US dollar keeps going down
80% confidenceGold, silver and bitcoin are potential buys during a market dip
80% confidenceGold prices will hit $27,000 per ounce
80% confidenceBitcoin is people's money
80% confidenceGold is the safest money in this kind of environment
80% confidenceI sold all my U.S. stocks recently, because I've seen this party before
80% confidenceIt's likely there'll be a 10 to 20% drawdown in equity markets sometime in the next 12 to 24 months
80% confidence
