Robert Kiyosaki Predicts Historic Stock Market Crash, Trusts Bitcoin

Robert Kiyosaki, a prominent investor, financial education advocate, and author of the influential book "Rich Dad Poor Dad," has recently shared his views on the current market conditions and the role of Bitcoin as a protective asset.

Kiyosaki has been vocal about his predictions regarding a significant stock market crash, as outlined in his book "Rich Dad’s Prophecy." He believes that the "biggest stock market crash in history" is currently unfolding, a prediction he made in the early 2000s. This anticipated crash encompasses not only stocks but also bonds and real estate, prompting Kiyosaki to invest in gold, silver, and Bitcoin as safe-haven assets.

In a recent tweet, Kiyosaki expressed his confidence in Bitcoin, stating, "I trust Bitcoin to protect me." He has been accumulating Bitcoin alongside physical gold and silver, viewing these assets as reliable safeguards against inflation. Kiyosaki's preference for these assets stems from his distrust in the Federal Reserve and the U.S. Treasury, which he believes can print trillions of "fake dollars," leading to a surge in the M2 money supply and subsequent inflation.

Kiyosaki's skepticism towards the U.S. dollar is rooted in the removal of the gold standard in 1971, which he believes has eroded the currency's purchasing power. He predicts that the price of silver will double by 2026, rising from the current $35 per ounce to $70. This bullish outlook on silver, along with his trust in Bitcoin and gold, underscores his strategy to hedge against the anticipated market crash and inflation.