The author of the best-selling book Rich Dad Poor Dad told his 2.4 million Twitter followers that the sharp increase in the one-month Treasury bill’s yield indicates recession times are likely ahead.
Robert Kiyosaki believes that bitcoin and precious metals are the best escape from such instability.
“One-month Treasury bills are up 100 basis points. Does this mean that the global banking system is collapsing? .. Here are the experts who recommended one-month treasury bills … Therefore, now focus on gold, silver, bitcoins, ”the crypto enthusiast wrote.
The writer and economist regularly speaks in support of the world’s first cryptocurrency. In April, he explained why he loves bitcoin so much and why he thinks that bitcoin will soon be worth $100,000. Kiyosaki often repeats that the American and global economies have tough times ahead. Therefore, an experienced investor encourages people to invest in precious metals and bitcoin in order to protect themselves from inflation and save their savings.