'Rich Dad Poor Dad' Author’s Market Crash Warning Says: ‘Billions Will Rush into Bitcoin’

Renowned Investor Warns of Imminent Economic Crash, Recommends Bitcoin, Silver, and Gold

Robert Kiyosaki, the acclaimed author of the bestselling book Rich Dad Poor Dad, has issued a stark warning to the global economic and cryptocurrency communities. According to Kiyosaki, the time he predicted in his 2013 book Rich Dad's Prophecy has arrived—the biggest crash in history is about to occur.

"I am afraid that crash time is now and through this summer," Kiyosaki tweeted, adding that Bitcoin is one of the ways to get rich during this impending market collapse.

Kiyosaki believes that the "biggest stock market crash in history" is set to happen this year, though this is not the first time he has made such a prediction. Over the past few years, he has warned that the "biggest crash" he had foretold was coming "now," and each time it was only a period of market turbulence.

The financial author stated that when this crash hits the markets, millions of baby boomers "will be wiped out" once the stock and bond markets collapse. However, Kiyosaki sees a silver lining in this grim forecast, as he believes "millions who are proactive may become extremely rich" when "billions rush into gold, silver, and Bitcoin" as stocks, bonds, and real estate begin to crash.

Aside from Bitcoin, Kiyosaki has highlighted two other assets that he and many others consider safe havens—silver and gold. The expert has called silver "the biggest bargain today" and predicts that by the end of 2025, this precious metal is likely to surge 3x from its current $35 price level.

Kiyosaki stated that he intends to use the US "fake money" (dollars) to buy more silver while it is still cheap, unlike Bitcoin and gold (though he recently tweeted that he continues to buy Bitcoin as well). However, he made it clear that he does not plan to buy silver, gold, or Bitcoin ETFs, touting only direct exposure to these assets, as he believes exchange-traded funds to be another version of "fake assets" created by Wall Street companies.