The Economic Times: Crash Time is Now: Kiyosaki Urges Dumping 'Fake Money' for Silver, Predicts 3x Surge
Article by The Economic Times
Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, on Monday warned that the “biggest crash in history” could begin this summer, urging investors to move out of stocks and bonds and into alternative assets like gold, silver, and Bitcoin.
In a post on microblogging site X (formerly Twitter), Kiyosaki wrote, “Do not say I didn’t warn anyone.” Referencing his 2013 book Rich Dad’s Prophecy, he said, “As predicted in my book Rich Dad’s Prophecy (2013) the biggest crash in history is coming. I am afraid that crash time is now and through this summer.”
Kiyosaki cautioned that “millions, especially my generation of boomers will be wiped out when the stock and bond markets crash,” while adding that “millions who are proactive may become extremely rich… and as you know….I want you to be one of those who become very rich.”
‘Billions will rush into gold, silver, and Bitcoin’
Kiyosaki said the downturn would not be limited to equities and bonds. “Over this summer, as stock, bond, and real estate markets crash… billions will rush into gold, silver, and Bitcoin,” he wrote.
Among these assets, he emphasized silver as the most undervalued: “The biggest bargain today is silver. In 2025 silver may 3X.” He added that silver remains significantly .....