Kiyosaki boosts gold, BTC investment, says smart money profits from crisis

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' said on X that private credit funds are panicking due to investor outflows and that major banks and financial institutions are facing difficulties. He noted that economist Jim Rickards has declared the U.S. has entered a 'New Depression,' adding that he is continuing to increase his investments in oil, silver, gold, Bitcoin, and Ethereum. Kiyosaki added that the principle of a bank run is not that money disappears but that it moves elsewhere. He stated that in the current market, smart money is getting richer while what he termed 'stupid money' flounders. Smart investors can become wealthier not only during booms but also in downturns, he concluded.