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Big prediction from Rich Dad Poor Dad author Robert Kiyosaki: Gold will go to $25,000

Big prediction from Rich Dad Poor Dad author Robert Kiyosaki: Gold will go to $25,000

Economic Times22-05-2025

THE END is HERE:
WHAT if you threw a party and no one showed up?
That is what happened yesterday.
The Fed held an auction for US Bonds and no one showed up.
So the Fed quietly bought $50 billion of its own fake money with fake money.
The party is over. Hyperinflation is… — Robert Kiyosaki (@theRealKiyosaki) May 21, 2025
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Bestselling author and financial educator Robert Kiyosaki , known for his book Rich Dad Poor Dad, doubled down on gold in a post on the social media platform X, predicting a dramatic surge in its price amid economic turmoil. He described the recent U.S. bond auction as a failure and called it a harbinger of financial collapse.'Good news. Gold will go to $25,000. Silver to $70. Bitcoin to $500k to $1 million.'Kiyosaki declared, "THE END is HERE", expressing concerns about hyperinflation, a collapsing bond market, and severe consequences for the global economy.'WHAT if you threw a party and no one showed up? That is what happened yesterday,' Kiyosaki wrote, referencing the U.S. Treasury's recent 20-year bond auction that drew soft demand from investors.This follows the U.S. Treasury Department's struggle to attract buyers for a $16 billion sale of 20-year bonds, reflecting growing investor anxiety over the ballooning national debt and fiscal uncertainty as Congress debates new spending legislation.Stocks and the dollar sold off following the weak auction results, while U.S. Treasury yields rose, signalling market concerns about long-term fiscal sustainability.Kiyosaki elaborated on the issue, stating, 'The Fed held an auction for US Bonds and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money.'The author interpreted this move as a sign of deeper monetary instability continuing. 'The party is over. Hyperinflation is here. Millions, young and old, to be wiped out financially,' he added.His reaction comes on the heels of Moody's downgrade of the United States' sovereign credit rating, which followed earlier downgrades from Fitch Ratings and Standard & Poor's.In a post made earlier this week, Kiyosaki remarked that the downgrade signifies that 'the US is like a dead-beat dad who is spending borrowed money, without a job, and not taking care of his family.'He warned that such credit downgrades may trigger higher interest rates, pushing the U.S. economy into a recession and potentially leading to unemployment, failing banks, a housing crisis, and even a depression on the scale of 1929.The recent bond auction only intensified those concerns. The auction's poor reception could spur bond market vigilantes, investors demanding greater fiscal discipline, and lead to a harsher investment climate for the U.S. government.Kiyosaki also reiterated his views on personal preparedness and financial independence, urging followers to adopt an entrepreneurial mindset.'I have always recommended people become entrepreneurs, at least a side hustle, and not need job security,' he wrote in a prior post, adding that individuals should invest in income-producing real estate, and accumulate assets like real gold and silver and today Bitcoin.As global uncertainty mounts, markets appear to be reacting accordingly. Gold prices have been on the rise, and Bitcoin recently surged past $111,000, hitting its all-time high, fueled by increased institutional interest and demand for alternatives to fiat currency.Kiyosaki has consistently criticised the U.S. Federal Reserve's policies and the country's departure from the gold standard in 1971, stating that 'each crisis gets bigger because they never solve the problem.' Reaffirming his stance, he concluded his recent post with a stark warning:'THE END I have been warning the world about is HERE. May God have mercy on our souls,' he stated.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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