News
Public · Published
Robert Kiyosaki Says 'Biggest Crash in History' Has Started, Backs Bitcoin
Robert Kiyosaki, author of Rich Dad Poor Dad, said the 'biggest crash in history' has started and is spreading across global markets. He is preparing for more turmoil by holding bitcoin, gold, silver, income-producing real estate, and oil investments.
Published:
Updated:
What happened
Robert Kiyosaki, author of Rich Dad Poor Dad, said the 'biggest crash in history' has started and is spreading across global markets. He is preparing for more turmoil by holding bitcoin, gold, silver, income-producing real estate, and oil investments.
Confirmed
Global impact / market context
Kiyosaki's warning suggests investors may move money out of stocks and into assets like bitcoin and gold. This could increase demand for those assets, while traditional markets might see selling pressure if people expect a crash.
Analyst inference
Kiyosaki's statement reflects a common belief that traditional money can lose value during economic downturns. Holding assets like bitcoin, gold, and real estate is seen as a way to protect purchasing power when markets are unstable.
Analyst inference
What to watch
- Watch whether Kiyosaki's prediction of a global crash spreading across markets leads to more public discussion about economic instability. Confirmed
- Investors might watch if bitcoin and gold prices rise as more people follow Kiyosaki's advice to hold these assets. Proposed
- Watch for any official economic reports or central bank actions that could confirm or contradict the idea of a major crash starting. Analyst inference
Affected assets
- BTC — Bitcoin
- GOLD — GOLD