Kiyosaki Sounds Alarm: Central Banks' Gold Swap Threatens Market Crash
Renowned author Robert Kiyosaki has warned that central banks dumping U.S. bonds in favor of gold could lead to a market crash and leave millions of Baby Boomers homeless.
Kiyosaki, known for his book 'Rich Dad Poor Dad', believes this move by central banks will have far-reaching consequences, potentially affecting the S&P 500 stock market index.
Gold prices are currently trying to bounce back after a sharp drop in late September, with some analysts arguing that it's only a matter of time before gold recovers once oil prices ease.