Robert Kiyosaki warns 3rd U.S. bank to crash, Peter Schiff says ‘bigger collapse’ ahead

The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Therefore, some financial sector players project that the situation will likely worsen in the coming days. 

In particular, Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” has warned that a third lender will likely follow suit. He stressed that the situation would positively impact precious metals in a tweet on March 10.

According to Kiyosaki, his prediction aligns with a 2008 forecast of the collapse of the Lehman Brothers. Notably, the failure deepened the 2008 financial crisis, and the incident was considered a defining moment. 

“Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com,” he said.

Previously, Kiyosaki has projected a broader global economic collapse while noting that bank runs might accelerate amid the crisis.

Kiyosaki’s warning about a third bank collapse comes as speculation around the future of another crypto-friendly investment bank, Credit Suisse, continues to mount.

This is after the bank announced a delay in the annual report after the Securities Exchange Commission (SEC) call regarding the lender’s cash flow statements for 2019 and 2020. As a result, the bank’s shares hit a new all-time low on March 10, 2023……….more here

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