The best selling author of Rich Dad Poor Dad, Robert Kiyosaki, has declared that the "biggest crash in history" has started and warned that the recession is spreading throughout Asia, Europe, and the United States. He recommended that investors seek refuge in gold, silver, Bitcoin, and Ethereum, with silver being his top pick.
In a post on the microblogging site X (previously Twitter), Kiyosaki said, "Biggest crash in history starting." "I predicted that the largest crash in history will occur in 2013 when I wrote RICH DAD'S PROPHECY. Sadly, the crash has already happened. Europe and Asia are collapsing, so it's not only the United States.
Kiyosaki connected the unrest to AI's effects on the job and real estate markets. He predicted that "AI will wipe out jobs, and when jobs crash, office and residential real estate crashes."
In light of this, he encouraged his followers to become more familiar with what he considers to be scarcer, safer assets. Kiyosaki added, "It's time to buy more gold, silver, Bitcoin, and Ethereum. Silver is the best and the safest."
Additionally, he outlined a precise price trajectory for silver, saying, "Silver is $50 today." Silver is expected to reach $70 in the near future and possibly $200 in 2026.
Kiyosaki presented the crash as an opportunity for those in the right position, even though he warned that the damage would be extensive.
He said, "The good news is, while millions will lose everything if you are prepared this crash will make you richer." He also promised to provide more tactics in "future Tweets or Xs."
The statement expands on remarks he made earlier this month, when he once more foresaw a market meltdown but declared he was not selling.
He set lofty goals of $27,000 for gold and $250,000 for Bitcoin by 2026 in a post titled "CRASH COMING: Why I am buying not selling" on November 9. He also accused the Federal Reserve and U.S. Treasury of "printing fake money."
He has consistently maintained that what he refers to as the "laws of money" influence his investment strategy. He cited Gresham's and Metcalfe's laws to back up his claim earlier this month, saying, "That is why I keep buying gold, silver, Bitcoin, and Ethereum even when they crash."
For Kiyosaki, the warning is clear but the message is constant: the collapse he foresaw over ten years ago is now happening, and for those who are ready, it might be the greatest opportunity of all.
