Renowned financial educator Robert Kiyosaki—best known for his bestseller Rich Dad Poor Dad—is issuing a sharp global-economic caution: a sweeping crash is underway, and “millions will be wiped out.”
Taking to X (formerly Twitter), Kiyosaki warned: “MASSIVE CRASH BEGINNING: Millions will be wiped out. Protect yourself. Silver, gold, Bitcoin, Ethereum investors will protect you. Take care.”
His message: traditional financial systems built on paper money are on shaky ground. Instead, he singles out four assets as lifelines in turbulent times — gold, silver, and the digital currencies Bitcoin and Ethereum. He argues these hold value independent of trust in governments or banks.
Why the alarm now? Kiyosaki points to mounting global risks: high debt loads, inflation pressures, shifting central-bank policies, and weakening faith in “fake money.” He emphasises that paper assets (stocks, bonds, cash) are vulnerable, while tangible and scarce assets offer real protection.
Despite their reputation as safe-havens, even gold and silver have recently stumbled—slumping amid a resurging US dollar and improved investor risk appetite. Cryptocurrencies are not immune either: Bitcoin recently slid from its highs, signalling that all markets might be under pressure.
This latest alert marks yet another in Kiyosaki’s series of crash predictions over the years—highlighting his belief that the next big economic reckoning is now.
But the reception? Mixed. Some say he’s right on trend with bigger issues unfolding; others say his calls are perennial and often premature.
What should you do? If you believe his warning holds weight, now could be the time to reassess exposure to traditional assets and investigate holdings in gold, silver, Bitcoin and Ethereum. But as always, no asset is guarantee-proof: all carry risk—especially when markets move fast.
Bottom line: Kiyosaki’s message is blunt—prepare now. The storm he claims is coming may not wait. If you choose not to act, you may be among those left unprotected.