The bestselling author of “Rich Dad, Poor Dad” told his 2.4 million Twitter followers that the sharp increase in one-month Treasury bill yields indicates that recessionary times are likely ahead.
Robert Kiyosaki thinks bitcoin and precious metals are the best escape from such volatility.
“One-month Treasury bills are up 100 basis points.. Does this mean that the world banking system is collapsing?.
So much for the experts who recommended one-month treasury bills.. So now stop at gold, silver, bitcoins,” the crypto-enthusiast wrote.
The writer and economist regularly advocates for the world’s first cryptocurrency. In April, he explained why he loves bitcoin so much and why he thinks bitcoin will soon be worth $100,000..
That’s why an experienced investor urges people to invest their savings in precious metals and bitcoin to protect themselves from inflation and keep their savings.