Overview
- On November 1, Robert Kiyosaki posted on X that a “massive crash” is starting and warned that “millions will be wiped out.”
- He told investors to protect wealth by holding silver, gold, Bitcoin and Ethereum, framing those assets as safer than stocks and bonds.
- Kiyosaki offered no timeline or mechanism, and outlets noted his long record of similar alarms that have not led to a sustained systemic collapse.
- Bitcoin trades around $110,000 with a monthly decline and Ethereum is lower month over month, underscoring continued market swings.
- Some analysts cite past patterns where rate cuts preceded major downturns, while one outlet linked a recent $122,000-to-$110,000 Bitcoin slide to a 100% U.S. tariff announcement with limited independent corroboration.