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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
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Kiyosaki has spoken - October economic crash coming!

JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorPosted

Well, I guess we (collectively) are going to see how smart Robert Kiyosaki is, at least when it comes to predictions. On a news program he makes the bold prediction that real estate & the stock market are going to crash hard in October because of money velocity and money printing. The whole interview is below, but his predictions come about the 4:30 minute mark or so. The host prompts him several times for what, if anything, is the trigger for this and he demurs.

Of course, he's looking forward to it because, in his words, "I get to make a lot of money". He also advises taking most/all of your free money and putting it into gold, silver and bitcoin right now (that title is off on the video). He says it's going to be the biggest crash in world history (his words).

Now that I've grabbed you with the clickbait title :) - what do *you* think? Major RE crash in October like Kiyosaki says? 

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Skyline Properties

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Brendan Miller
  • Rental Property Investor
  • Gilbert, AZ
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Brendan Miller
  • Rental Property Investor
  • Gilbert, AZ
Replied

Hasn't he made this statement numerous times already over the past several years?

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