Robert Kiyosaki Warns the Global Financial System Is Collapsing and Hyperinflation Has Begun

The author of Rich Dad Poor Dad is urging people to move their money out of fiat currency and into bitcoin, gold, and silver

Robert Kiyosaki, the author of Rich Dad Poor Dad, has issued a doomsday warning, claiming the global financial system is collapsing and hyperinflation has already begun. In a series of X (formerly Twitter) posts on May 21, Kiyosaki urged people to dump fiat currency and buy bitcoin, gold, and silver.

"The END is here… Hyperinflation is here. Millions, young and old, to be wiped out financially," Kiyosaki said bluntly. He sees bitcoin surging to $500,000 or even $1 million, while gold may hit $25,000 and silver $70.

Pointing to a recent failed U.S. bond auction, where the Federal Reserve had to buy $50 billion in bonds itself, Kiyosaki called it "fake money buying fake money." According to him, this shows confidence in the dollar is gone, and the system is now eating itself.

"Financial institutions are ALL in big trouble. They want you to panic and sell cheap to them. Don't. Be patient. Be smart. The END is here. Choose wisely. People perish for lack of knowledge. Get busy and learn. Sadly, financial advisors have lied to the public," he added.

According to Kiyosaki, U.S. bonds are now unsafe as there is counterparty risk. He said ETFs are "more expensive toilet paper" and paper assets have no value.

"Real value is in physical gold, silver, and bitcoin. Not in traditional savings or paper assets. Savers are losers. Open a savings account today. You'll thank me later. Gold, silver, and bitcoin are money. Everything else is toilet paper," he concluded.

Kiyosaki has frequently stated that the U.S. economy is being propped up by debt and manipulation. According to him, the moment of truth has arrived, and people should act quickly to safeguard themselves from financial ruin.