‘Now millions of people will be ruined…’ Robert Kiyosaki, author of “Rich Dad, Poor Dad”, warned why and for whom, told the way to avoid it

Gold and silver prices are falling, and the cryptocurrency market is also facing a decline. Amidst this decline of gold and silver, Robert Kiyosaki, author of the popular book “Rich Dad, Poor Dad”, has issued an important warning. He has predicted a huge decline in the American stock market, saying that a recession has begun and millions of people will be ruined.

Market warns of a major economic recession
Robert Kiyosaki, who frequently recommends investing in gold, silver and crypto on the social media platform Twitter (now X), wrote in his latest post, “A great recession has begun, millions of people will be ruined. Protect yourself.” With this warning, he cautioned against unconventional investments and said that millions of dollars could soon disappear from Wall Street as the stock market faces a recession-like situation.

Gold and silver are the only security in times of trouble
Reiterating his point, Robert Kiyosaki drew investors’ attention to the fact that gold, silver and Bitcoin are the only safe haven in times of crisis. He urged investors to protect themselves by investing in assets such as silver, gold, Bitcoin and Ethereum. According to the author of “Rich Dad, Poor Dad,” these are the safest bets in times of extreme volatility.

“Identify real assets, not fake money”
It is worth noting that Kiyosaki has long argued that stocks, bonds, and fiat currencies are all fiat currencies and fake currencies, which are vulnerable to systemic collapse. In contrast, precious metals like bullion and cryptocurrencies are real assets that provide protection against inflation, credit crunch and central bank policies.

This is not the first time that Robert Kiyosaki has given this warning. Earlier, during the COVID-19 pandemic, he had predicted the biggest recession in world history. As early as 2025, he said that hyperinflation had already arrived and weak investor demand for US Treasury bonds could lead to financial ruin for millions. He called exaggerated claims about stocks and bonds “the biggest lie.”

Gold, silver and bitcoin under pressure
The precious metal has declined recently amid a stronger US dollar and improved geopolitical conditions. Over the past week, gold and silver prices in particular have fallen sharply as investors returned to stocks and dollar-denominated assets. Meanwhile, the world’s largest cryptocurrency, Bitcoin, is also under pressure. After hitting a record high of more than $126,000 in October, it has declined about 5% in the past month. Ethereum and other digital tokens have also seen declines.