Robert Kiyosaki: Biggest Market Crash Happening Now

Renowned author and financial educator Robert Kiyosaki has once again taken to social media to reiterate his long-standing prediction of a historic stock market crash

Renowned author and financial educator Robert Kiyosaki has once again taken to social media to reiterate his long-standing prediction of a historic stock market crash, this time stating that it is “now happening.”

Referencing his book “Rich Dad’s Prophecy,” Kiyosaki expressed his hope that his forecast is incorrect but asserted that the largest market crashes in stocks, bonds, and real estate are imminent.

Anticipating Market Collapse and Inflationary Response

In his tweet, Kiyosaki explained his investment strategy in light of this anticipated downturn, highlighting his accumulation of gold, silver, and Bitcoin. He went on to project a significant surge in the price of silver, forecasting a potential doubling from its current price of $35 to $70 by 2026.

Kiyosaki also expressed skepticism towards the Federal Reserve (Fed) and the Treasury, anticipating that a market crash would likely trigger massive money printing in the form of “fake dollars.” He warned that this increase in the M2 money supply would likely lead to substantial inflation, further eroding the purchasing power of traditional currency.

(Related: Robert Kiyosaki Explains Why He Prefers Bitcoin to US Dollar)

Trust in Alternative Assets Over Central Authorities

“Simply said: I do not trust the Fed and Treasury. They will turn on the FAKE MONEY PRESS,” Kiyosaki stated. He positioned gold, silver, and Bitcoin as hedges against this looming inflation, reiterating his long-held belief that “Savers are Losers” in such an environment.

Drawing historical context, Kiyosaki quoted Daniel Webster’s warning about inflation disproportionately benefiting the wealthy at the expense of the poor. He concluded his message by expressing his desire for his followers to become wealthier, not poorer, urging them to take heed of his warnings.

Kiyosaki’s repeated and emphatic prediction of a major market downturn continues to drive conversation among his followers, sparking discussion about wealth preservation strategies and alternative investments like precious metals and cryptocurrencies. His latest comments serve as a stark reminder of his bearish outlook on traditional markets and his conviction in the protective qualities of gold, silver, and Bitcoin against potential economic turmoil and inflationary pressures.