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Robert Kiyosaki says the 'biggest stockmarket crash' has begun; he will buy more bitcoin and gold

Robert Kiyosaki says the ‘biggest stockmarket crash’ has begun; he will buy more bitcoin and gold

Billionaire Robert Kiyosaki said the “biggest stock-market crash in history” has begun, a downturn he claimed to have predicted in his 2013 book “Rich Dad, Poor Dad”.

“I warned you all. […] How did I know this giant crash was coming? I knew because in 2008 our leaders, led by Fed Chairman Ben Bernanke, paid themselves and bankers billions in bonuses, while millions of moms and dads lost their homes, jobs, savings,” he wrote.

In his view, markets for cars, housing, restaurants, retail and wine will crash in 2025. At the same time, the “world is on the brink of war,” the businessman warns.

Over the past day, the Nasdaq 100 fell by 1.8%, and the S&P 500 slipped by 1.1%. The stock-market correction was followed by declines in bitcoin and other digital assets. The leading cryptocurrency retreated from $100,000 to $96,000.

“Please be smart, keep your eyes and ears open. Many expensive assets like real estate, gold, silver and bitcoin will come up for sale. I will buy more real assets with fake US dollars. Time to be calm and smart while millions panic,” Kiyosaki advised.

However, some X users noted that the entrepreneur has been posting similar “prophecies” since 2016. None of the crashes he predicted has fully materialised so far.

“When I saw [the warning] the first time, I panicked. The tenth time? Well, that’s a bummer, to be honest. Knowing your books, I just wish you would publish more informative content,” — noted one user.

Earlier, Kiyosaki called bitcoin’s dip below $100,000 a buying opportunity.

In November 2024, the businessman agreed with MicroStrategy founder Michael Saylor’s forecast of bitcoin at $13 million.

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