Robert Kiyosaki says the crash is here and his choice to survive it is silver

Robert Kiyosaki says the crash is here and his choice to survive it is silver

Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has declared that the “greatest crash in history” has begun and warns that the downturn is spreading across the US, Europe and Asia. He urged investors to take refuge in gold, silver, Bitcoin and Ethereum, citing silver as his top choice“The biggest crash in history begins,” Kiyosaki wrote in a post on microblogging platform X (formerly Twitter). “In 2013, I published RICH DAD’s PROPHECY in which I predicted that the greatest crash in history would occur. Unfortunately, that crash has arrived. It’s not just the US: Europe and Asia are crashing.”

Kiyosaki linked the unrest to artificial intelligence and its impact on employment and real estate markets. “AI will wipe out jobs, and when jobs collapse, offices and homes will collapse too,” he saidAgainst this backdrop, he urged his followers to increase exposure to what he considers safer, scarce assets. “Time to buy more gold, silver, Bitcoin and Ethereum,” Kiyosaki wrote, adding: “Silver is the best and the safest.”

He also outlined a specific price path for silver: “Silver is $50 today. I predict silver will reach $70 soon and possibly $200 by 2026.”

While warning that damage will be widespread, Kiyosaki framed the crash as an opportunity for those properly positioned. “The good news is that while millions of people will lose everything… if you are prepared… this crash will make you richer,” he wrote, adding that he will share further strategies in “future Tweets of Xs.” The message builds on comments he made earlier this month, when he predicted another market crash but said he was not selling. In a Nov. 9 post, he wrote, “CRASH COMING: Why I’m buying not selling,” setting ambitious goals of $27,000 for gold and $250,000 for Bitcoin by 2026, while accusing the U.S. Treasury Department and the Federal Reserve of “printing fake money.”

He has repeatedly argued that his investment approach is shaped by what he calls the “laws of money.” “That’s why I keep buying gold, silver, Bitcoin and Ethereum even when they crash,” he said earlier this month, citing Gresham and Metcalfe’s laws to support his claim.

For Kiyosaki, the warning is stark, but the message is consistent: The collapse he predicted more than a decade ago is now happening, and for those who are prepared, it could be the greatest opportunity of all.

Also read | AI doomsday? Not yet. Why Nvidia results are dragging the tech bulls back to work

(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times)


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