00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Financial author Robert Kiyosaki warned of an impending global monetary collapse,
00:06urging his followers on X to invest in gold, silver, and Bitcoin,
00:10as an advocate's what he calls the biggest debt bubble in history.
00:14He emphasized that savers relying on fiat currency and bonds will be the biggest losers
00:18when the collapse occurs.
00:20Kiyosaki criticized conventional financial strategies as outdated and encouraged individuals
00:24to adopt alternative assets.
00:27It's the lines of his past predictions of a 2025 crash, potentially worse than 2008.
00:32While he remains a vocal Bitcoin advocate, recently predicting a $250,000 value,
00:37his past forecasts including $100,000 and $350,000 targets for 2024 have proven inaccurate,
00:44prompting skepticism despite his strong stance against fiat money.
00:47For all things money, visit Benzinga.com.
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