Robert Kiyosaki, the famous author of "Rich Dad Poor Dad," issued a new warning that he described as urgent, saying: "The biggest market crash in history is already happening now."
In a post shared through the "X" platform, Kiyosaki did not hesitate to express his concerns, stating: "I hope I'm wrong... but as I predicted earlier... the biggest crashes in the stock, bond, and real estate markets... are about to happen in the very near future."
Kiyosaki first predicted a catastrophic collapse in his book "Rich Dad's Prophecy" published in 2002. Today, with increasing volatility in the markets, he believes that his old warning is indeed starting to come true.
Gold, silver, and Bitcoin as safe havens
As for the solution Kiyosaki proposes, it is continuous investment in what he calls "real assets". He said: "That's why I've been investing in gold, silver, and Bitcoin."
Kiyosaki predicts that the price of silver, currently trading at around $35, could "explode to double its value" and reach $70 by 2026.
Kiyosaki noted that he expects the Federal Reserve and the U.S. Treasury to revert to their previous policies in case of a worsening collapse, by printing more money. He considered that this step could be catastrophic for the average American citizen.
He added: "If the markets collapse... it is likely that the Federal Reserve and the Treasury will print trillions of fake dollars... which will increase the money supply (M2) and may thus cause massive inflation."
He continued, clarifying: "Simply put, I do not trust the Federal Reserve and the Treasury. They will turn on the fake money printing machine."
Advice to protect wealth from the coming inflation
Kiyosaki affirmed: "I trust gold, silver, and Bitcoin to protect me from the coming massive inflation... resulting from the loss of purchasing power of fake money... and that's why I've been warning for years, saying: savers are losers."
In recent weeks, Kiyosaki has been notably active in his comments on the markets. He previously predicted that Bitcoin could reach $200,000 this year, and even exceed the million-dollar mark by 2035. On April 20, he told his followers that he was buying silver again, describing it as "the biggest investment deal available right now."
Kiyosaki's final message to his followers
Kiyosaki concluded his warnings with a repeated advice to his followers, urging them to hedge against the dollar collapse by investing in Bitcoin, gold, and silver, and to steer clear of traditional savings methods.
He concluded his message by saying: "I want you to become richer... not poorer. Take care of yourselves."
