Robert Kiyosaki, a well-known author, and investor have predicted a giant stock market crash in October, warning that gold, silver, and bitcoin may all crash.

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As Robert Kiyosaki forecasts a stock and cryptocurrency market meltdown, he also expects a drop in gold, silver, and BTC. Despite the fact that the crypto market is down, the stock market appears to be in a bubble, with growing prices and continuous rallies. For good price movement, there must be some type of correction. Kiyosaki himself stated that the major cause for this is the Fed’s and Treasury’s short T-bills.

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Robert also stated and it’s worth noting that he has no intentions to sell his gold, silver, or Bitcoin in anticipation of the crash. This is apparent since markets are unpredictable, but equities appear to be in a bubble and are extremely risky right now. He stated that this would not be a small incident and that the most serious crash might occur at any time. This is why it is more vital than ever to acquire more bitcoin, gold, and silver. Robert also mentioned his skepticism of leaders, which explains why he invests in them.

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According to Robert, China has been testing its digital currency, and the United States may also follow. If that happens, people’s freedom would be lost since BTC may be rendered illegal, leaving central bank digital currencies (CBDC) as the sole cryptocurrency in the market.

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Robert Kiyosaki co-authored Rich Dad Poor Dad in 1997. For almost six years, it has been on the New York Times Best Seller List. More than 32 million copies of the book have been sold in over 51 languages in over 109 countries.