Markets are crashing, and the big price collapse Robert Kiyosaki predicted is here, the best-selling author of 'Rich Dad Poor Dad' tweeted.
— therealkiyosaki August 27, 2022 Kiyosaki told his followers to use the opportunity to buy more real estate, gold, silver and Bitcoin at a discount. — therealkiyosaki August 28, 2022 The latest selloff in the marketplace was triggered by Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium Friday, during which he remained hawkish and signaled that rates could remain higher for longer.
Kiyosaki is known for his calls to stockpile assets when they are undervalued. In mid-June, Kiyosaki also gave investment advice on how to survive this highly inflationary environment, telling his followers to stock up on cans of tuna.