Robert Kiyosaki shrugs off price swings, doubles down against dollar amid metals, crypto surge

Best-selling Rich Dad Poor Dad author Robert Kiyosaki said that whether gold, silver, or cryptocurrencies rise or fall is secondary to the far bigger issue of surging U.S. debt and a weakening dollar. His comments come as precious metals hit record highs and investors rush into real assets, driven by expectations of easier Federal Reserve policy.

Taking the microblogging platform X on Friday, he dismissed short-term market volatility, framing his investment stance as a long-term wager against the purchasing power of the U.S. dollar.

“Q: Do I care when the price of gold, silver, or Bitcoin goes up or down?” Kiyosaki wrote. “A: No. I do not care.”


He followed with an explanation rooted in macro fundamentals. “Because I know the national debt of the US keeps going up, and the purchasing power of the US dollar keeps going down,” he said, adding a broader critique of policymakers. “Why worry about the price of gold, silver, Bitcoin, and Ethereum, when the world has incompetent, highly educated PhDs…like my poor dad…. Controlling the Fed, the Treasury, and the US Government?”

He concluded by saying that he can just keep buying more gold, silver, Bitcoin, and Ethereum and get richer.


His comments landed as gold and silver rebounded sharply to fresh record highs in international markets on Thursday (January 22), after heavy profit booking a day earlier. Gold surged past $4,900 an ounce, while silver climbed toward $99, buoyed by geopolitical risks, a weakening U.S. dollar, and expectations that the Federal Reserve could cut interest rates twice later this year.

The rally has spilled into Indian markets, where silver-linked exchange-traded funds have posted outsized gains. Tata Silver ETF jumped 17%, while Nippon India Silver ETF, DSP Silver ETF, and ICICI Prudential Silver ETF rallied about 10–11%. MCX Silver March futures were trading around 2.2% higher at roughly Rs 334,600 per kg.

Market participants say silver’s momentum has been amplified by strong industrial demand, from solar and electric vehicles to AI infrastructure, along with safe-haven flows, a historic short squeeze and tight supply conditions. A decisive move above the $99–$100 level could open the door to further gains, analysts said.

Prices have swung sharply as trading has been driven more by demand and supply of units than by the underlying metal. In a recent session, some silver ETFs plunged about 20% amid panic selling, far steeper than the 2–3% decline in MCX silver prices, highlighting the risk of steep premiums and discounts to net asset values.

For Rich Dad Poor Dad author however, such swings appear beside the point. As debt climbs and currencies weaken, he argues, the long game belongs to hard assets, regardless of the day’s price tick.

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