Market crash warning by rich dad poor dad author Robert Kiyosaki advises investors to safeguard wealth in gold silver and bitcoin.

Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has again given a big statement. He has said that a big market crash has started and millions of investors will be wiped out. Kiyosaki also gives advice to investors on how they can avoid this major disaster.

What is Kiyosaki’s warning?

Kiyosaki cautions investors on He said investors should secure their assets in solid and digital assets like gold, silver, Bitcoin and Ethereum.

He wrote, ‘Silver, gold, Bitcoin and Ethereum will save you. Take care of yourself.

This post of his quickly went viral. There were two types of opinions on this in the finance world. Some people said it was true, while many said that Kiyosaki makes such predictions every year and spreads panic.

Investors debate: déjà vu or destiny?

Many people considered Kiyosaki’s fear justified. He said that the recent cut in interest rates by the Federal Reserve looks like an earlier market crash.

One user wrote, ‘Rate cuts also happened in 2000, 2007 and 2020. The markets then fell by 49%, 56% and 35% respectively. Don’t fear this, history is repeating itself.

Another user said, ‘Remember 2008? Then experts were saying everything is fine, but lakhs of people lost their homes. America is now $35 trillion in debt and continues to print money. This bubble can burst any time. I have been buying Silver and Bitcoin since 2020. This is not protection, this is freedom from fiat currency.

At the same time, some critics replied, ‘You predict crashes every year. One day you will most likely be proven right. Markets don’t end, they just rotate. Gold is fine, but Bitcoin is not a shield, it is evolution.

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Gold and crypto both under pressure

Kiyosaki may be talking about investing in gold and crypto, but the prices of both have shown weakness recently.

Gold Price: The price of gold fell for the second consecutive week. A strong US dollar and investors’ risk appetite put pressure on prices. December gold futures on MCX fell ₹2,219, or 1.8%, to ₹1,17,628 per 10 grams last week. This is one of the biggest drops of October.

Bitcoin and Crypto: Bitcoin has also weakened. It slipped from a record high of $126,000 in early October to $104,782, a decline of about 5% this month. Ethereum and other cryptocurrencies have also fallen due to cooling interest from investors.

Latest Cryptocurrency News Today | Cryptocurrency Market News | Bitcoin Prices News - Moneycontrol.com

Kiyosaki considers paper assets as fake money

Robert Kiyosaki made his name in 1997 by writing Rich Dad Poor Dad. He has been warning for a long time that excessive debt, inflation and Central Bank policies are leading the world towards economic crisis.

He says paper assets like stocks and bonds are ‘fake money’. This could end up in a big mess. At the same time, real assets like gold, silver and cryptocurrencies can protect you from the decline in the value of fiat currency (government notes). Kiyosaki also said about the COVID-19 pandemic and in 2022 that the biggest crash in the history of the world is coming.

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History of rate cuts and declines

According to a report by Cointraders.org, trader Jonesy said that market crashes have often occurred after rate cuts. He told, ‘In 2000, 2007 and 2020, the markets fell by 56% immediately after the rate cuts. The low of April is probably the beginning of the decline this time.

The Federal Reserve has kept the policy stable for now, but due to global tension and uncertainty, investors are increasing investments in options like gold, silver and bitcoin. However, at present their prices also remain weak.

Kiyosaki’s advice to investors

Bitcoin is still trying to hold above $108,000, but there is fear and uncertainty in the market. Kiyosaki’s message is the same again, ‘Don’t trust the system, create your own safety net.’

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