robot1234
2022-11-21

‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot. 

Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry.

In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets.

“Bank of England pivot means buy more GSBC,” he says in a recent tweet, referring to gold, silver and bitcoin.

“When pensions nearly collapsed it exposed Central Banks cannot fix … INFLATION. Pension have always invested in G&S. Pension funds now investing in Bitcoin. They know Fake $, stocks & bonds are toast.” 

“I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” he said in an interview last year.

Kiyosaki likes silver, too. In fact, he recently tweeted “Silver best investment in Oct 2022” and “Everyone can afford $20 silver.”

To be sure, precious metals aren’t immune to the sell-off that’s been going on this year. The price of gold is actually down about 4% in 2022, while silver has fallen by nearly 9%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

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  • ramondk
    2022-11-21
    ramondk
    Still prefer Reits
  • artcore
    2022-11-21
    artcore
    Bitcoin and gold
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