Robert Kiyosaki, the famous author of "Rich Dad Poor Dad," has issued a new warning that he described as urgent, saying: "The biggest market collapse in history is already happening now."
In a post shared on the "X" platform, Kiyosaki did not hesitate to express his concerns, saying: "I hope I’m wrong... but as I predicted earlier... the biggest collapses in the stock, bond, and real estate markets... are about to happen very soon."
Kiyosaki first predicted a catastrophic collapse in his book "Rich Dad’s Prophecy," published in 2002. Today, with increasing market volatility, he believes that his old warning is indeed starting to manifest in reality.
Gold, silver, and Bitcoin as safe havens
As for the solution that Kiyosaki proposes, it is a continuous investment in what he calls "real assets," where he said: "That’s why I have been investing in gold, silver, and Bitcoin."
Kiyosaki predicted that the price of silver, currently trading at about $35, could "explode to double its value" and reach $70 by 2026.
Kiyosaki indicated that he expects the Federal Reserve and the U.S. Treasury to resort to their previous policies in the event of a worsening collapse, by printing more money. He believes that this step could be catastrophic for the average American citizen.
He added: "If the markets collapse... it is likely that the Fed and the Treasury will print trillions of fake dollars... which will increase the money supply (M2) and thus may cause massive inflation."
He continued by clarifying: "Simply put, I do not trust the Federal Reserve and the Treasury. They will operate the fake money printing machine."
Advice to protect wealth from the coming inflation
Kiyosaki asserted: "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 have 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 the price of Bitcoin would reach $200,000 this year, and even exceed the million-dollar mark by 2035. On April 20, he informed his followers that he had returned to buying silver again, describing it as "the biggest investment deal currently available."
Kiyosaki's latest message to followers
Kiyosaki concluded his warnings with a repeated piece of advice for his followers, urging them to hedge against the dollar collapse by investing in Bitcoin, gold, and silver, and to stay away from traditional saving methods.
He concluded his message by saying: "I want you to become richer... not poorer. Take care of yourselves."