![Robert Kiyosaki Says Bank Panics Are Invisible, Urges People To Safeguard Money in Gold, Bitcoin and Silver Robert Kiyosaki Says Bank Panics Are Invisible, Urges People To Safeguard Money in Gold, Bitcoin and Silver](https://dailyhodl.com/wp-content/uploads/2024/05/Bitcoin-in-Fourth-Quarter.jpg?w=1024)
Robert Kiyosaki Says Bank Panics Are Invisible, Urges People To Safeguard Money in Gold, Bitcoin and Silver
Rich Dad Poor Dad author Robert Kiyosaki is calling for Americans to protect their wealth in precious metals and Bitcoin (BTC).
The best-selling author says that panics in capital markets are “visible” because everyone can see prices crash, but panics in banks are not so easily detectable.
“Panics in banks are invisible. That means most people have no idea when their bank is in BANKRUPT.
That is why there is FDIC (Federal Deposit Insurance Corporation) insurance.
If your bank goes bust, up to $250,000 of your savings are safe.
WHY take the chance? Why not get most of your savings out of the corrupt banking system and save gold, silver, and Bitcoin?
WHY be a victim of a bankrupt money system?
WHY not get smart and keep some of your money in real money…. Gold, silver, and Bitcoin?
Take care. Our economy is F’d.”
According to Kiyosaki, the Federal Reserve is not being honest about the true state of the US economy. He says that a simple glance at local stores shows that the American economy is entering a serious slowdown phase that can only be defended by investing in gold, silver and Bitcoin.
“People ask ‘Are we in recession?’ All a person needs to do is go shopping and look at stores having 60% off sales.
Even a used clothing store near me is having a sale…
The Fed cannot save you. Time to save yourself. Buy more gold, silver, and Bitcoin and stop listening to highly educated poor people.”
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Author: Daily Hodl Staff