Robert Kiyosaki, the bestselling author of ‘Rich Dad Poor Dad,’ has warned that a major market crash has begun and urged people to protect their assets by investing in Bitcoin, gold, and silver. He has been warning for years that the financial system is manipulated to the detriment of ordinary investors and believes this recession could be one of the most destructive economic downturns. Kiyosaki stated that traditional investments like retirement funds and government assets are not reliable during economic crises, and real assets like gold, silver, and Bitcoin are considered safer options. On March 8, 2025, on the X platform, Kiyosaki warned that the stock market crash he predicted in his book ‘Rich Dad’s Prophecy’ in 2014 has now started. He wrote: ‘Unfortunately, this crash has begun and may destroy the future of millions of baby boomers worldwide.’ He also explained that baby boomers in America, dependent on Defined Contribution retirement plans, are more vulnerable. Kiyosaki advised individuals to steer clear of paper assets and said: ‘How can one break this corrupt and criminal Ponzi scheme? Start investing in and owning gold, silver, and Bitcoin.’ He also cautioned against ETF funds and added: ‘I would never buy gold, silver, or Bitcoin in ETF form. In my opinion, ETFs are as fraudulent as the US dollar and US bonds.’ Kiyosaki has recently talked about increasing his investments in Bitcoin, especially after Donald Trump, the US President, issued an order to create a strategic Bitcoin reserve. He expects the Trump administration to buy Bitcoin to stabilize the US economy and predicts that other world leaders will adopt similar policies. Kiyosaki believes that America is bankrupt, the value of the dollar is decreasing, and Bitcoin offers a safer alternative.
