Robert Kiyosaki Predicts “Largest Stock Market Crash” and Plans to Buy More Bitcoin and Gold

Robert_Kiyosaki:

Billionaire Robert Kiyosaki warned of the onset of the “biggest stock market crash in history,” something he had predicted in his 2013 book, Rich Dad, Poor Dad.

“I warned all of you. […] How did I know about this giant crash coming? I knew because in 2008 our leaders, led by Fed Chair Ben Bernanke, paid themselves and the bankers billions in bonuses, while millions of moms and dads lost their homes, jobs, and savings,” he wrote.

According to him, the markets for cars, housing, restaurants, retail, and wine will collapse in 2025. The businessman also warns that “the world is on the brink of war.”

Over the past 24 hours, the Nasdaq 100 fell by 1.8%, while the S&P 500 slid 1.1%. This stock market correction was followed by a decline in Bitcoin and other digital assets, with the leading cryptocurrency dropping from $100,000 to $96,000.

“Please be smart and keep your eyes and ears open. Many expensive assets like real estate, gold, silver, and Bitcoin will go on sale. I’ll be buying more real assets with fake U.S. dollars. Time to be calm and smart while millions panic,” Kiyosaki advised.

However, some users on X pointed out that the entrepreneur has been posting similar “prophecies” since 2016, none of which have fully materialized.

“When I saw it the first time, I panicked. The tenth time? Well, that’s disappointing, to be honest. Knowing your books, I just wish you’d produce more informative content,” one user remarked.

Earlier, Kiyosaki said a drop in Bitcoin’s price below $100,000 would be a good buying opportunity.

Context

  • In November 2024, Kiyosaki agreed with MicroStrategy founder Michael Saylor’s forecast of Bitcoin eventually reaching $13 million.