Trump continues to warn Americans "You will have the largest stock market crash we've ever had." Forbes recently reported U.S. dollar could lose its position as the world's reserve currency as Trump said countries are dropping the U.S. dollar "like flies."
In the United States, we are already experiencing record-high inflation, the emergence of a new digital currency, and now financial analysts like Robert Kiyosaki are telling Americans to get prepared for what is "about to be the biggest stock market crash in U.S history."
When speaking to inflation, Trump said, "The world is going up in flames while you suffer the ravages of inflation and your buying power goes down to levels never seen before."
Robert Kiyosaki is now warning his followers to get prepared for the biggest financial crisis in U.S. history and says the S&P 500 is about to crash by 70%. Kiyosaki further says, "The Roman Empire ended in the same way with massive gladiators entertaining chubby Romans while their bankers debased their currency to pay soldiers and bills."
If inflation and expert market concerns aren't enough, the dollar may also be in trouble.
When speaking to the power of the dollar, Trump shared "[The U.S. is] the big piggy bank but our piggy bank is going to get smaller and smaller all the time because we're losing power," Trump said. "We're losing a lot of countries on the dollar. I mean they're going like flies. If we ever lose that that's the equivalent of losing a war that would be unbelievable."
One thing most Americans can agree on is that our economic outlook is downright frightening.
Under the Biden administration, Executive Order 14067 was passed, promoting a new central banking digital currency. And if you ask why this should be concerning, Tucker Carlson summed it up by saying...
It is not that outlandish... It's already happening across the globe.
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash... if you get caught you are fined or you are going to jail".
Nowis the time to take control of your financial future. You need to learn how you can diversify and hedge against existing and soon-to-exist threats. Failing banks, inflation... this looks like just the beginning and it seems as if things may get much worse.
While Robert Kiyosaki sounds alarm bells about the stock market and the U.S. dollar, he implores Americans to buy gold and silver as they serve as "parachutes for investors during the economic downturn" and says, "We are not going in for a soft landing. Unfortunately, the world of fake money is crashing."
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It's essential to explore alternative avenues for your wealth. Here are a few reasons why Americans are using this strategy to help hedge and diversify their retirement accounts:
Shield Against Economic Uncertainty
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