Rising inflation and rising interest rates continue to strain global markets. However, renowned writer Robert Kiyosaki says the real problem is what is happening in the bond market. Saying that the dollar is about to explode, the expert recommends Bitcoin, Solana and a number of altcoins.

Robert Kiyosaki says the bond market is about to crash

Robert Kiyosaki, author of Rich Dad Poor Dad, has made some new predictions for the stock and bond markets. The famous writer said on Twitter on Saturday that he would buy Bitcoin at gold, silver and lower levels in this environment:

The US bond market is collapsing. Biggest bond crash since 1788. Bond markets are bigger than the stock market. Now I buy more gold, silver and wait for bitcoin to go down.

Kiyosaki also points out that the Chinese real estate market is also collapsing. The financial expert points out that there are “more than 90 million vacant apartments in China”. In another tweet the same day, he explained:

Losers watch the stock market. The real problem lies in the bond market. The bond market is 40 times larger than the stock market. Please pay attention to bonds, not stocks. A big accident will come.

A Famous Author Recommends Bitcoin and These Altcoins

Robert Kiyosaki expressed concern about hyperinflation and depression in April. He has also repeatedly said that we are in the biggest bubble in the history of the world. At the same time, he predicted that the US dollar was about to explode in March, recommending investors to buy Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). The famous writer expressed the following on Twitter on that date:

Will Smith slapped Chris Rock at the Oscars. Biden slapped Putin on the world stage. Toxic masculinity. The world is in trouble. The national debt will explode. Biden causes inflation and blames Putin. The dollar is about to explode. Buy more Gold, Silver, Bitcoin, Ethereum and Solana before WW3.

Gold is Kiyosaki’s most basic advice. The precious metal has been a safe haven for centuries. Another asset Kiyosaki recommends is silver, a store of value just like gold and a hedge against rising interest rates and inflation. Bitcoin is another safe haven that Kiyosaki has been talking about for a long time. However, the famous author expects to buy Bitcoin at lower levels.

Robert Kiyosaki says he will buy Bitcoin at this level

Kiyosaki has repeatedly stated that he expects Bitcoin to bottom out in order to buy more. Last month, he revealed that he expects the price of BTC to test $1,100 before buying. Earlier this month, he said he was in a standby cash position to buy discounted as prices fell. cryptocoin.comAs you track, Bitcoin (BTC) is trading in the region of $22,750 on July 24.

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