Major Market Crash: Robert Kiyosaki Warns of Gold, Silver, and Bitcoin Collapse

Famed author Robert Kiyosaki has issued a stark warning: all assets, including gold, silver, and Bitcoin, could face a massive crash.

While this may sound dire, Kiyosaki views it as a once-in-a-lifetime opportunity to build wealth. By learning from savvy investors and preparing for the downturn, you can position yourself to profit when the market rebounds.

Discover his insights on the coming collapse and what you can do now to secure your financial future.

"The Great Depression Warning" and Investment Advice

Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, issued a stark warning on October 13, 2024, about the potential for a massive market collapse. This collapse could affect all assets, including gold, silver, and Bitcoin (BTC).

Kiyosaki, a long-time advocate for investing in gold, silver, and Bitcoin, had previously urged the public to buy these assets. However, in his latest post, he warned that even these safe-haven investments could face a severe downturn.

This new cautionary message was an extension of his earlier post on October 12, where he shared his views and predictions regarding market trends. Below is a breakdown of Kiyosaki's recent insights, based on his latest posts.

October 12 Post: Gold Price Surge and Stock Market Crash

Kiyosaki highlighted that gold prices have reached an all-time high, benefiting investors who entered the market after 2000. However, he pointed out that rising gold prices often signal investor pessimism, as many are fleeing the stock market in favor of defensive assets.

According to Kiyosaki, the surge in gold is not necessarily a good sign. He predicts that the stock market is on the verge of a significant collapse, largely due to the unsustainable rise in stock prices over the years.

He emphasized that if the stock market crashes, it will disproportionately harm the non-investing public and lower-income individuals. In contrast, savvy wealthy investors will sell off their assets at peak prices and hoard cash, preparing to buy undervalued assets post-crash.

For those who haven’t started investing yet, Kiyosaki advises them to learn from experienced investors and begin making cautious investments in undervalued assets. By doing so, they can position themselves to profit when the market recovers in the coming years.

October 13 Post: Market Crash as an Opportunity for Wealth Building

In response to feedback that his October 12 post was complex, Kiyosaki simplified his message in his October 13 post.

Reflecting on the 2008 global financial crisis, Kiyosaki explained how the U.S. Federal Reserve and the Treasury responded by printing trillions of dollars to prevent another Great Depression. However, he argues that this move primarily bailed out the wealthy while neglecting the general public.

The massive injection of dollars—what Kiyosaki calls "fake dollars"—transformed the crisis into a bubble, leading to a subsequent rise in all markets. The core of his message is that "all bubbles" inevitably "become crashes."

To put it simply, Kiyosaki warned that "everything will collapse," including gold, silver, and Bitcoin. This collapse could trigger another Great Depression, which was narrowly avoided in 2008.

The previous post aimed to encourage readers to prepare for this financial downturn and not become complacent with the current "fake bubble."

Smart investors have already started selling overvalued assets and accumulating cash. Kiyosaki mentioned that even Warren Buffett has sold Apple stock to build up cash reserves.

Kiyosaki stressed that missing out on the last bubble or lacking funds now are not excuses for inaction. He urged readers to revisit his previous post and start preparing to build wealth.

After the collapse, those who are ready for the next bubble will thrive. For example, while Bitcoin may fall to $5,000, Kiyosaki speculates that it could eventually soar to $100,000, $250,000, or even higher.

Kiyosaki himself plans to scoop up Bitcoin and other assets at discounted prices after the crash. His key takeaway: "The best time to build wealth will come again."

Kiyosaki Advocates Dollar-Cost Averaging

Although Robert Kiyosaki is warning of an impending crash in all assets, including gold, silver, and Bitcoin, he frames this as an opportunity to buy undervalued assets. He advises people to educate themselves now and prepare for the coming market downturn.

While many are optimistic about an imminent price increase in Bitcoin and other cryptocurrencies, Kiyosaki notes that the outcome of the upcoming U.S. presidential election could lead to a crash, requiring investors to remain vigilant.

Those with excessive investments might face losses in an unexpected crash. However, those with balanced portfolios can take advantage of lower prices by buying more, making it essential to regularly review asset allocation.

Kiyosaki also mentioned in October of last year that he uses dollar-cost averaging to build up assets, remarking, "I am just an ordinary investor, gradually accumulating the assets I want over the long term."

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