Robert Kiyosaki, author of the best-selling financial self-help book Rich Dad Poor Dad, has warned that millions of boomers could become homeless in the next market crash and urged them to protect their retirement savings by buying Bitcoin, gold, and silver. He renewed his long-standing criticism of stock-and-bond portfolios and urged the elderly to keep their investments safe and away from the government’s control.

The analyst highlighted the decline of the bond market and stressed that the stock market will follow in its footsteps next. He stressed that most retirees have invested 60% in the stock market and 40% in the bond market. This is a cocktail for disaster, he said, adding that the crash will wipe out all their savings. They could be forced to withdraw in losses to cover their rent, he said. “Millions of Boomers may be homeless or moving in with kids and grandkids,” predicts Robert Kiyosaki.

Robert Kiyosaki based this prediction on his 2008 forecast of Lehman Brothers closing down during the crash. “My predictions, starting with the crash of Lehman Brothers on CNN, on Wolf Blitzer’s Situation Room show in 2008, has been on time and target,” he said. He ended his doomsday prediction for boomers with the classic “Hope I am wrong. But I do not think I am,” statement.

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Doomsday Predictions: Robert Kiyosaki is Full of It

robert kiyosaki
Source: Finbold

This is not the first time that Robert Kiyosaki has predicted that the sky will fall. His timeline is full of warnings that the traditional US market will collapse and wipe out trillions in wealth. The author also missed several deadlines but continues with his claims that the stock market is worthless. He has been relentlessly pushing Bitcoin, gold, and silver, making them the Trinity of the financial markets. Moreover, the author has been pushing the claims of a monetary disaster forever.

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