Financial author and investor Robert Kiyosaki issued a stark warning on Monday, predicting that bubbles in Bitcoin, gold, and silver are close to bursting. The “Rich Dad Poor Dad” author cautioned investors that when these assets collapse, he will begin buying — suggesting a significant downturn could be imminent.
“Bubbles are about to start busting,” Kiyosaki said on X, formerly Twitter. “Odds are gold, silver, and Bitcoin will bust too.” His bearish outlook comes just a week after Bitcoin surged past $120,000, an all-time high. At that time, Kiyosaki had described the rally as “bad news” for those who never invested, stating, “They own nothing.”
Despite celebrating the Bitcoin milestone, Kiyosaki also warned investors not to overextend. “Pigs get fat, hogs get slaughtered,” he remarked, indicating he would buy just one more Bitcoin before reassessing. “I won’t buy more until I know where the economy is going,” he added.
The investor’s recent stance appears to contradict his earlier criticisms of “clickbait losers” who predict crypto crashes. In early July, Kiyosaki dismissed these bearish views as fearmongering.
Market analysts have noted that Kiyosaki has made similar crash predictions in the past, many of which have not materialized. Brew Markets, a financial newsletter, highlighted that Kiyosaki has frequently warned of market collapses, with mixed accuracy.
Meanwhile, other crypto voices remain optimistic. Joe Burnett, Director of Bitcoin Strategy, argued that Bitcoin treasuries do not reflect speculative bubbles, stating they represent real capital allocation. Apollo Capital’s CIO Henrik Andersson advised investors to “do their own research,” rather than follow influencers.
Despite skepticism, Bitcoin has historically followed a four-year cycle, and analysts believe the 2025 bull market could still reach a peak between $130,000 and $200,000. CoinGlass indicators currently show no signs of a market top.
Whether Kiyosaki’s latest prediction plays out remains uncertain, but his comments have reignited debate about the future of digital and hard assets.