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Monday, March 13, 2023

Another Bank Collapse Imminent?

Above, 2022 American Silver Eagles. "Buy real gold and
silver coins," - Robert Kiyosaki. Photo by Armand Vaquer.

Will a third bank collapse?

The possibility is there and Robert Kiyosaki thinks it will come and soon.

From Investing.com:

  • Robert Kiyosaki warns of a potential third bank collapse, which could benefit precious metals.
  • Kiyosaki’s prediction aligns with his 2008 forecast regarding Lehman Brothers’ collapse.
  • Ongoing speculation about Credit Suisse’s future amid SEC call an all-time low shares.

Silicon Valley Bank and Silvergate Bank’s collapse in 48 hours has shaken the US financial system amid economic uncertainty. It’s expected to worsen, with a third lender potentially facing the same fate, according to Robert Kiyosaki, author of “Rich Dad Poor Dad.” Kiyosaki tweeted on March 10 that this situation would benefit precious metals.

Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com. Will be on Neil Cavuto on FOX on Monday.

— Robert Kiyosaki (@theRealKiyosaki) March 10, 2023

Kiyosaki believes his prediction about a potential third bank collapse aligns with his 2008 forecast regarding the Lehman Brothers’ collapse. The Lehman Brothers’ failure was a defining moment that deepened the 2008 financial crisis.

Kiyosaki has previously predicted a global economic collapse and suggested that bank runs could accelerate during the crisis. His warning about a potential third bank collapse coincides with ongoing speculation about the future of Credit Suisse, another investment bank with a focus on cryptocurrencies.

I am glad that I started investing in silver bullion last year. I never got into cryptocurrencies. 

To read more, go here.

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