Robert Kiyosaki, author of the best-selling Rich Dad Poor Dad, has issued a stark warning about an impending global financial collapse. In his latest remarks, Kiyosaki warned that the “total bubble” that has been building since the 2008 financial crisis is about to burst, affecting the stock markets, gold, silver, and, significantly, Bitcoin (BTC).
Kiyosaki predicts that Bitcoin could experience a drastic drop, falling as low as $5,000 per coin before the market stabilizes and a new bull cycle begins. This correction, according to the author, is part of a necessary adjustment in the markets due to the overvaluation they have experienced in recent years. Despite this drop, Kiyosaki claims that Bitcoin could subsequently recover and reach new all-time highs, even reaching $100,000 or $250,000 per coin.
Kiyosaki’s warning about Bitcoin’s downfall fits into a broader view of global economic instability. He says money printing in the wake of the 2008 financial crisis has inflated a bubble that will affect not only cryptocurrencies but also stock markets and precious metals like gold and silver. Kiyosaki notes that current gold prices, while elevated, reflect pessimism among investors looking for defensive assets to protect themselves from market volatility.
Although his prediction is grim, Kiyosaki also offers a strategy for those looking to capitalize on the impending crash. He urges investors to prepare for financial chaos, advising them to study, join investment clubs and keep an eye out for buying opportunities once the market bottoms out. “Prepared investors will get rich after the crash,” the author claims, noting that he plans to take advantage of the dip by buying Bitcoin and other assets at low prices.
For Kiyosaki, this is a natural market cycle. While he expects a drastic drop in the short term, his confidence in the eventual recovery of Bitcoin and other assets keeps him optimistic about long-term investment opportunities.
