Author of ‘Rich Dad Poor Dad’ Robert Kiyosaki Warns Against Biggest Bubble in History that Will Crash Stock Market and Will Wipe Out Baby Boomers — Advises Buying ‘Real Assets’ Like Bitcoin.
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Rich Dad Poor Dad author Robert Kiyosaki has warned that the biggest bubble in history will wipe out baby boomers, emphasizing that the stock market is set to crash. “Time to get real is now,” he stressed, urging investors to buy “real assets” like gold, silver, and bitcoin “before the biggest bubble in history goes bust.”
Robert Kiyosaki’s ‘Biggest Bubble’ Warning
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another warning about the biggest crash in history. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
He explained that baby boomers are about to be wiped out by the biggest crash in history because of their inadequate 401(k) retirement plans. “Baby boomers bust,” he wrote on social media platform X Monday, adding:
Tragically biggest bubble in history will wipe out baby boomers because boomers are the first generation with flimsy 401ks. Stock market set to crash. Time to get real is now. Buy real assets: gold, silver, bitcoin before the biggest bubble in history goes bust.
Kiyosaki also sounded the alarm about the U.S. economy. He wrote on X Saturday: “Don’t be scared: Be prepared: U.S. debt $34 trillion. Debt [is] increasing by $1 trillion every 90 days. America is sick. Prepare now. Buy more gold, silver, bitcoin. Please take care.”
The renowned author has been a long-time advocate for gold, silver, and bitcoin. He refers to gold and silver as “God’s money,” while bitcoin is considered “people’s money.” In contrast, he views fiat currencies, including the U.S. dollar, as “fake money.” The acclaimed author has touted BTC as protection against wealth erosion caused by the Federal Reserve, the government, and Wall Street bankers. In January, he urged investors to consider bitcoin as a potential safeguard against the rising U.S. national debt. Kiyosaki’s predictions paint a bleak picture, forecasting a global economic downturn and even the potential collapse of the American empire, mirroring the fate of the Roman Empire.
Kiyosaki has joined the chorus of bullish voices on bitcoin, predicting a surge to $300,000 by year’s end. This follows his previous forecast of $100,000 by June. He recently explained that he views price dips as buying opportunities.