Investor and author Robert Kiyosaki has raised fresh alarms about a financial collapse he believes will unfold in the coming months. According to a recent statement on X, he expects the “biggest crash in history” to hit stock, bond, and real estate markets this summer.
Kiyosaki believes that older investors, mainly baby boomers, who trust traditional markets a lot, could be seriously affected by this downturn. He said that millions who are now retired or soon to retire could end up losing a large part of their finances if things do not improve.
When panic happens, he believes investors will try to keep their money in other safe places. Kiyosaki pointed out that Bitcoin could gain a lot from the expected shift of capital. Peter believes that billions of dollars will start entering Bitcoin and joining gold and silver as assets.
In that post, he repeated that Bitcoin is among the few things able to help someone build wealth when the financial system crumbles. Over the years, this statement proves he has consistently pushed for decentralized assets over the types of fiat currency he names as “fake.”
Gold, Silver, and Bitcoin Touted as Crisis Assets
Kiyosaki emphasized gold and silver as two ways to protect yourself from a future financial crash, apart from Bitcoin. According to him, silver represents a ‘big win’ right now because it is about 60 percent less expensive than its peak price.
He expects silver prices to go up by at least a factor of three by 2025. He stated that, instead of exchange-traded funds, he planned to buy silver directly since he considered them fake assets made by Wall Street.
Kiyosaki emphasizes strategies for owning tangible assets. He argued that only assets you can hold or use will still be valuable if large shocks hit the financial industry.
He explained that he passes on ETFs because they do not actually represent ownership of the essential goods. This is in line with his larger viewpoint on the weaknesses of the mainstream financial market.