Robert Kiyosaki Warns of the Biggest Crash in History: Silver is His Top Pick
Best-selling author Robert Kiyosaki, known for his influential book 'Rich Dad Poor Dad,' has issued a stark warning to investors. He predicts that the 'biggest crash in history' has already begun, affecting economies worldwide, including the U.S., Europe, and Asia. Kiyosaki urges investors to protect their assets by investing in gold, silver, Bitcoin, and Ethereum, with silver being his top recommendation.
Kiyosaki made this announcement in a post on X (formerly Twitter), stating, “Biggest crash in history starting.” He referenced his 2013 book, 'Rich Dad’s Prophecy,' where he predicted this economic downturn. He emphasized that the crash is not limited to the U.S. but is sweeping across Europe and Asia as well.
The author attributes the economic turmoil to the rise of artificial intelligence (AI) and its impact on employment and property markets. “AI will wipe out jobs, and when jobs crash, office and residential real estate crashes,” Kiyosaki explained. This connection highlights the broader implications of technological advancements on the global economy.
In response to this impending crisis, Kiyosaki advises investors to seek refuge in what he considers safer, scarce assets. “Time to buy more gold, silver, Bitcoin, and Ethereum,” he wrote. Among these, he particularly favors silver, describing it as “the best and the safest.” Kiyosaki provided a specific price prediction for silver, stating, “Silver is $50 today. I predict silver will hit $70 soon and possibly $200 in 2026.”
While Kiyosaki acknowledges the widespread damage that this crash will cause, he sees it as an opportunity for those who are prepared. “The good news is, while millions will lose everything… if you are prepared… this crash will make you richer,” he wrote. He promised to share further strategies in future posts on X.
This message builds on Kiyosaki's earlier comments, where he predicted a market crash but expressed his commitment to buying, not selling. On November 9, he posted, “CRASH COMING: Why I am buying not selling,” setting ambitious targets of $27,000 for gold and $250,000 for Bitcoin by 2026. He accused the U.S. Treasury and Federal Reserve of “printing fake money,” further emphasizing his distrust in traditional financial systems.
Kiyosaki's investment approach is grounded in what he calls the “laws of money.” He explained, “That is why I keep buying gold, silver, Bitcoin, and Ethereum even when they crash,” citing Gresham’s and Metcalfe’s laws to support his thesis. Gresham’s law suggests that bad money drives out good, while Metcalfe’s law posits that the value of a network grows with the square of the number of connected users.
For Kiyosaki, the warning is stark, but the message is clear: the collapse he predicted more than a decade ago is now unfolding. For those who are prepared, it may present the biggest opportunity of their lives.
(Disclaimer: The views and opinions expressed by Robert Kiyosaki are his own and do not necessarily reflect the views of this publication.)