Overview
- In social media posts on July 21, Kiyosaki forecast that gold, silver and Bitcoin bubbles are set to burst, calling the downturn “good news” for buyers.
- He revived his “savers are losers” mantra, denouncing the US dollar as “fake money” and cautioning against traditional fiat savings.
- Kiyosaki cited past crises—from the 1987 stock crash to the Silicon Valley Bank collapse—as examples of the Fed’s default response of printing money.
- Warning of “the biggest crash in history,” he pointed to Warren Buffett’s $350 billion cash hoard as evidence that major investors are bracing for turmoil.
- His message has gained traction in financial media, fueling debate over the role of hard assets as a hedge against mounting national debt and market volatility.