Rich Dad Poor Dad author Robert Kiyosaki predicts greatest market crash in history – are you prepared?

Robert Kiyosaki, author of the bestselling personal finance book "Rich Dad Poor Dad", has recently warned of what according to him, may be the worst financial crash in recent history, according to a report.

Robert Kiyosaki's Warning

In a recent X (previously Twitter) post, Kiyosaki said that a huge crash in the stock, bond, and real estate markets is coming as predicted in his book, "Rich Dad’s Prophecy" (2013), as reported by The Street.

The American businessman has forecasted that "the biggest crash in history" will hit this summer and potentially financially ruin millions of Americans, especially his own generation of baby boomers, as per The Street report.


He wrote on his X post, "I am afraid that crash time is now and through this summer." The author also added, "Unfortunately, millions, especially my generation of boomers will be wiped out when the stock and bond markets crash," as per the X post.

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A Call to Prepare and Profit

However, Kiyosaki is not predicting only doom, he's also calling on people to act immediately and take charge of their financial destiny, as those who are "proactive" not only survive the crash but perhaps come out of it much richer, according to The Street.

He wrote on X, "The good news is millions who are proactive may become extremely rich… and as you know….I want you to be one of those who become very rich," as per his post.

Silver Is His Top Pick

His recommendation is to invest in hard assets like gold and silver. Kiyosaki said, "The biggest bargain today is silver," adding, "In 2025 silver may 3X," as per X post. He also metioned that, "The better news is silver is still 60% under all time highs…. still about $35….while gold and Bitcoin are at or near all time highs," as per his X post.

While, the author also revealed on his social media post that "Tomorrow I am going to my local gold and silver dealer and trading fake money for real silver….no ETFs….the biggest bargain today." He pointed out, "Silver is priced around $35 an ounce which means almost everyone anywhere in the world….has a chance to grow richer…while millions grow poorer," as quoted in his X post.

Price Check: Where Are the Markets Now?

According to Kraken's data, Bitcoin was quoted at $104,446.51 as of June 3, 6.7% below its May 22 record high of $111,970.17, reported The Street. Gold was trading at $3,372.30 per oz. as of June 3, which is 4% below its April 22 record high of $3,500, as per the report.

While, silver was trading at $34.58 as of June 3, which is 30% below its record high of $49.95 per oz. that it hit back in January 1980, reported The Street.

FAQs

What is Kiyosaki predicting?
He predicts a massive crash across the stock, bond, and real estate markets this summer, one that could financially ruin millions of Americans.

Why does he believe boomers are at greatest risk?
He says many baby boomers have their wealth tied up in markets that are likely to crash, leaving them especially vulnerable.