Robert Kiyosaki, the globally renowned author of the bestseller Rich Dad Poor Dad, has predicted that “real estate, stocks, bonds, gold, silver, and Bitcoin prices will all crash.”
On the 4th, Kiyosaki asserted on his social media platform X (formerly Twitter) that “technical charts are suggesting the biggest market collapse in history.”
However, he also anticipated that “a bull market will begin by the end of next year and continue for several years,” adding that this cycle will be the event that gold, silver, and Bitcoin investors have been waiting for, rewarding their patience.
Kiyosaki further predicted that after the crash, gold, silver, and Bitcoin would reach record highs. He projected that gold would reach $15,000 per ounce, silver would reach $110 per ounce, and Bitcoin would surpass $10 million per unit.
He criticized traditional currencies like calling the dollar “fake,” arguing that “the market’s faith in the currency will increasingly waver.”
Kiyosaki added that “the upcoming crash will be an opportunity to buy great assets at a low price.”
Kiyosaki, known for his bullish stance on Bitcoin, had predicted last month that Bitcoin would surpass $350,000 by August 25.
However, contrary to Kiyosaki’s forecast, Bitcoin prices have been declining over the past few weeks due to fears of large-scale selling from Mt. Gox. This development appears to have led Kiyosaki to retract his previous bull market prediction and warn of the possibility of a crash.
