Rich Dad Poor Dad Author: The third American bank is going to fail

According to reports, Robert Kiyosaki, author of “Rich Dad and Poor Dad”, said in a social media article that after the collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank, another bank was about to close down, but he did not disclose the name of the third bank facing difficulties. In addition, he also predicted that once the third bank had problems, the price of gold and silver might rise, and ETF products might face difficulties, Robert Kiyosaki predicted the collapse of Lehman Brothers in an interview with CNN in 2008.

Interpretation of this information:

The reports suggest that Robert Kiyosaki, the renowned author of “Rich Dad and Poor Dad,” has recently shared on social media that a third bank might face closure soon, following the collapse of Silicon Valley Bank and voluntary liquidation of Silvergate Bank. Nevertheless, he has not yet disclosed the name of the bank in question. Kiyosaki has also warned that if the third bank faces problems, the prices of gold and silver might go up and there is a possibility of ETF products facing difficulties. In 2008, Kiyosaki had accurately predicted the collapse of Lehman Brothers in an interview with CNN.

This message could be interpreted as a warning of an upcoming financial crisis that could cause major disruptions to global economic systems. The collapse of two banks, coupled with the possibility of a third, suggests that something significant and potentially catastrophic is brewing behind the scenes. The fact that Kiyosaki has previously made accurate predictions about financial crises only adds to the legitimacy of his claims.

The prediction of a potential rise in gold and silver prices is also worth considering in light of recent economic developments. The COVID-19 pandemic has had a significant impact on global economies, and many countries have resorted to printing more money to keep their economies afloat. This has led to concerns about inflation, and investors are increasingly turning to precious metals as a hedge against inflation.

Additionally, the potential difficulty that ETF products might face is also a cause for concern. ETFs have gained popularity in recent years as a relatively low-risk investment option, but if a financial crisis were to occur, they could face significant challenges.

In summary, the three key takeaways from this message are that a third bank might be in trouble, the prices of gold and silver might rise, and ETF products could face difficulties. These warnings should not be taken lightly, and investors should take steps to protect their investments from potential financial upheavals.