Renowned financial commentator Robert Kiyosaki has once again warned that a global financial collapse is imminent. In a post on X, the investor predicted a “massive crash” that could wipe out “millions of people” and called on his followers to protect their wealth by investing in gold, silver, Bitcoin and Ethereum.
Why Mr. Kiyosaki recommends gold, Bitcoin, and Ethereum
Kiyosaki believes that tangible and digital assets provide better protection for a global economy that he considers vulnerable. “Protect yourself,” he wrote, adding that holders of precious metals and cryptocurrencies would fare better than those relying on paper money.
Kiyosaki issued a similar warning in October, shortly after cryptocurrencies plummeted due to new U.S. tariffs on China. The announcement of the 100% tariff sent Bitcoin plummeting from $122,000, wiping out nearly $19 billion in leveraged positions within hours.
Kiyosaki said the turmoil is further evidence of economic vulnerability. He warned that both digital and traditional systems are built on “paper promises” and once again urged investors to move towards tangible assets such as gold, silver, Bitcoin and Ethereum.
Bitcoin is currently trading at $110,079, up 0.2% from the past day. At the same time, it has continued to decline by 7.1% over the past month. Ethereum’s price has followed suit, trading up 0.4% in the past day and down 12% over the past month.
Related: Robert Kiyosaki labels US dollar ‘fake money’ amid inflation concerns
Analysts are divided on the warning of a “big crash”
Kiyosaki’s post sparked widespread discussion among traders and analysts. Many point out that he has been predicting a similar crash for more than a decade. Critics say his repeated warnings have not yet been proven correct and often coincide with market pullbacks rather than long-term crashes.
But others say recent economic patterns resemble conditions before past market downturns. Analyst Jonesy said the recent rate cuts mirror those seen before the big rate cuts in 2000, 2007 and 2020. “Rate cuts have started again,” he said. “This is not fear mongering, this is history repeating itself.”
Bitcoin supporters see opportunity in the warning
Supporters of Kiyosaki’s view argue that his concerns are valid. Investor Avinash Mishra pointed to the U.S. national debt, now more than $35 trillion, and persistent budget deficits as evidence of a strained financial system.
“This bubble is about to burst,” he said. “I have been accumulating silver and Bitcoin since 2020 to protect myself from the fiat trap.”
Some crypto supporters reacted to Kiyosaki’s comments in a different tone, arguing that Bitcoin tends to recover strongly from market turmoil.
Related: Ethereum price prediction: Mass outflow of ETFs will affect ETH price trend
Online commentator Pac described the warning as another stage in a fear-based narrative, saying that Bitcoin volatility often precedes a big rally.
“The crash fuels the next rally,” he wrote, stressing that despite the recent correction, Bitcoin remains resilient above $110,000.
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