BTC And Precious Metals Are The Best Insurance According To Analyst

Robert Kiyosaki, who wrote the best-selling personal finance book Rich Dad Poor Dad, says that the economy is going to get worse.

Kiyosaki tells the 2.4 million people who follow him on Twitter that the economy will finally crash.

Kiyosaki says that Bitcoin (BTC) and the two most well-known precious metals are the best things to own as insurance against the bad economic future he has forecast.

“Soft landing? Hard landing? Or crash landing? I say crash landing. I hope I am wrong yet that is what I believe. Corruption is high and leaders corrupt. Buy gold, silver, Bitcoin. Still best insurance against corruption and incompetence.”

The Rich Dad Poor Dad author warned earlier this month that rising US Treasury Bill yields signaled a recession and that Bitcoin, gold, and silver were the greatest hedges. At the time, Kiyosaki also warned about the world banking system, which he thought might be falling apart.

In April, Kiyosaki, a Bitcoin bull, forecast a $100,000 rise. Due to fears about the US dollar’s devaluation and the financial sector, Bitcoin will become an attractive investment, according to the author.

At the time this was written, the price of Bitcoin was $26,820.