Rich Dad Poor Dad author prophecy on stock market crash coming true? Here's what Kiyosaki had predicted

1 month ago 9

Synopsis

Robert Kiyosaki, writer of Rich Dad Poor Dad, warns that the ongoing planetary banal marketplace illness marks the realization of his 2002 predictions. He claims we are successful a recession, perchance heading toward a depression. Kiyosaki advocates moving distant from accepted investments, emphasizing gold, silver, and Bitcoin. He besides predicts metallic could treble successful worth by 2025.

Rich Dad Poor Dad writer  prophecy connected  banal  marketplace  clang  coming true? Here's what Kiyosaki had predictedETMarkets.comKiyosaki warns of a looming depression, urging concern successful gold, silver, and Bitcoin arsenic markets collapse.

Robert Kiyosaki, writer of the idiosyncratic concern classical Rich Dad Poor Dad, said the ongoing planetary stock marketplace collapse is the realization of a informing helium issued much than 2 decades agone successful his 2002 book. In a station connected the societal media level X, Kiyosaki wrote, “That banal marketplace clang arrived today. We are decidedly successful a RECESSION and much than likely…a DEPRESSION.”

Kiyosaki's remarks came arsenic markets astir the satellite tumbled sharply connected Monday, triggered by a renewed escalation successful U.S.-China commercialized tensions. U.S. President Donald Trump signaled nary volition to propulsion backmost connected sweeping tariffs, prompting retaliation from Beijing and deepening fears of a prolonged planetary slowdown.

Indian benchmarks Sensex and Nifty some dropped astir 5% astatine the open, portion broader Asian markets saw steep losses. The Nasdaq successful the U.S. confirmed a bear market past week, and futures markets are present pricing successful aggregate involvement complaint cuts from the Federal Reserve this year.

Kiyosaki, who has agelong warned of a monolithic fiscal collapse, said successful a station dated April 5 that the downturn would deed Baby Boomers the hardest. “Boomers are retired of time… They bash not person clip to ‘invest for the agelong term’ successful stocks, bonds, communal funds, oregon ETFs,” helium wrote. He called the existent marketplace rout the opening of a broader demolition of what helium described arsenic “fake insubstantial assets.”

For years, Kiyosaki has advised moving distant from accepted investments, advocating alternatively for assets similar gold, silver, and Bitcoin. He reiterated that connection this week, arguing that ostentation and wealth printing would destruct the dollar’s value. “Gold, silver, and Bitcoin ARE NOT going up successful price… the dollar is going down successful value,” helium said.

On April 6, Kiyosaki likened Trump’s tariff moves to a “chicken challenge,” a puerility notation to head-on showdowns, suggesting the satellite was present watching to spot who would output successful the escalating standoff. By April 7, helium posted a much melodramatic message, calling existent events “PRESIDENT TRUMP and ELON MUSK’S DOGE CHAINSAW MASSACRE,” and warned that the U.S. monetary strategy whitethorn not survive. “Can Trump and Musk prevention the dying U.S. dollar? I don’t know. Only clip volition tell,” helium wrote.

Kiyosaki besides precocious predicted that metallic could treble successful worth by 2025, calling it “the hottest concern today” and claiming it remains accessible adjacent to tiny investors. “Almost everyone successful the satellite tin spend astatine slightest 1 ounce of silver,” helium said past week.

While his way grounds connected marketplace timing has been inconsistent, Kiyosaki’s warnings person gained renewed attraction arsenic planetary markets slump. For now, helium says he’ll support accumulating gold, silver, and Bitcoin: “I bash not spot the creatures lurking successful the swamp.”

Also work | Robert Kiyosaki predicts metallic prices volition treble successful 2025, calls it the hottest investment

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(What's moving Sensex and Nifty Track latest marketplace news, stock tips, Budget 2025, Share Market connected Budget 2025 and expert advice, connected ETMarkets. Also, ETMarkets.com is present connected Telegram. For fastest quality alerts connected fiscal markets, concern strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and work the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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