As the BRICS nations move away from the U.S. dollar, renowned investor Robert Kiyosaki predicts that the United States will experience hyperinflation and plunge into a depression. He suggests that gold, Bitcoin, and tangible assets will be the only valuable investments.
Kiyosaki shared his views on gold, fiat currencies, and Bitcoin from South Africa on Sunday. He mentioned rumors about the possible creation of a BRICS crypto, potentially backed by gold, which could lead to trillions of dollars returning to the U.S., resulting in hyperinflation.
Currently in South Africa a country I love. Watching and listening to rumors of what will happen when BRICS nations, Brazil, Russia, India, China, South Africa produce BRICS crypto, possibly backed by gold. If BRICS gold crypto happens trillions in fake money, fiat US dollars…
— Robert Kiyosaki (@theRealKiyosaki) May 12, 2024
To protect against the U.S. dollar’s collapse, Kiyosaki advised purchasing physical gold, silver, and Bitcoin. In a May 9 post, he predicted not just a recession, but a full-blown depression, stating that he is preparing for such a scenario despite not wishing for it.
DEPRESSION next? I am planning on one. Q: Do I want a DEPRESSION? A: No. Yet it is better to be preparing for the worse rather than live in Disneyland, which most people are doing. For years I could see this crisis coming… which is why I wrote Rich Dad Poor Dad, own my…
— Robert Kiyosaki (@theRealKiyosaki) May 9, 2024
