Who Needs Enemies When You Have Banks?

Robert Kiyosaki warns!

We’re not alone in pointing to cracks in the US banks!  We’ve been running around like our hair is on fire warning about trouble ahead.  But if anything, we might be accused of understating the case.  Wait until you hear what Rich Dad Poor Dad author Robert Kiyosaki says!

Here is his tweet from just days ago:

The FDIC has over 725 US banks on death watch list.  What does that mean?  It means America does not need enemies. America has bankers. Our criminal bankers  start with Jerome Powell of the Fed, Janet Yellin of our Treasury and  Jamie Diamond of our banks. God help us. USA does not need criminals. We hire them as our bankers.

Robert Kiyosaki , 10/1/23 Twitter/X https://x.com/theRealKiyosaki/status/1708677114470314258?s=20

And that is why our friend Robert’s Rich Dad Poor Dad is the number one biggest-selling personal finance book of all time.  It’s because he doesn’t pussyfoot around.  He calls things straight.  

We came very close to a bank meltdown in March, as banks like Signature and Silicon Valley Bank toppled.  Higher interest rates exposed the cracks in those banks.  But as Kiyosaki points out, there are hundreds more banks in deep water, in number greater than just a visible few like Signature and Silicon Valley.  Hundreds more.  And in addition to rising interest rates decimating their bond holdings, there is the additional problem of the fast-growing commercial real estate crisis.  The Wall Street Journal reports that banks have $3.6 trillion in exposure to commercial real estate, about 20 percent of their total deposits.

How does the central bank respond to a bank crisis?  We know the answer from long experience.  It prints money to bail them out.  So you pay to bail out the banks from their own mismanagement!  You pay with inflation.  You pay because the dollars you have, the dollars you have saved, lose purchasing power.  That purchasing power is transferred to the crony banks!

That is why you need to own gold and silver.  That is why Robert Kiyosaki recommends his followers protect themselves with gold and silver.  The cracks in the banking system have already begun appearing.  Don’t wait.  Take advantage of today’s advantageous gold and silver prices!

And our thanks to Robert Kiyosaki for the straight talk!