'Don’t waste this crash': Rich Dad Poor Dad author says 'opportunity of lifetime' is here

Robert Kiyosaki, the author of Rich Dad Poor Dad, predicts a financial crisis. He cites rising debt and struggling retirement funds as indicators. Kiyosaki advises people to invest in gold, silver, and Bitcoin. He believes these assets will increase in value. He also cautions against relying solely on traditional pensions. Kiyosaki emphasizes the importance of financial education and proactive planning.
'Don’t waste this crash': Rich Dad Poor Dad author says 'opportunity of lifetime' is here
Robert Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad, has issued a stark warning to Americans and global investors: the financial collapse he has long predicted is now underway.
In a recent public statement shared on social media, Kiyosaki pointed to several alarming trends—including record-high credit card debt, surging US national debt, rising unemployment, and struggling retirement funds—as signs that the United States is slipping into what he calls a “Greater Depression.”

“The crash I warned of in Rich Dad’s Prophecy is happening now,” Kiyosaki wrote. “Millions may be pushed into poverty. But those who take action could become very rich.”
Investment advice: Gold, silver, bitcoin
Kiyosaki reiterated his long-standing investment advice, encouraging people to purchase what he calls “real assets”: gold, silver, and Bitcoin. While critics have previously dismissed his repeated calls to buy these commodities, he insists that this strategy is more relevant than ever.
“Some people complain that I repeat myself. But I will say it again—buy gold, silver, and Bitcoin,” he said. “Even one Bitcoin, or a few ounces of silver, could transform your financial future.”
The author predicts that by the year 2035, Bitcoin could surpass $1 million in value. He also believes gold could reach $30,000 per ounce, and silver may climb to $3,000 per coin.
Kiyosaki also raised concerns about the stability of pensions and retirement accounts, claiming that many are being mismanaged, underfunded, or “stolen” through policy and inflation.

“People who relied on pensions or 401(k)s are watching them shrink. That’s why I’ve always said: don’t depend on the system. Take control of your money,” he stated.
He believes those who acted early—by diversifying into non-traditional assets—are currently weathering the storm, while others may soon face serious hardship.
Mindset and personal responsibility
In addition to financial advice, Kiyosaki also emphasized the role of mindset in wealth building. Drawing on lessons from his personal upbringing and background, he claimed that the way people talk about money often determines their financial destiny.
“Poor people are poor because they speak and think poor words—like ‘I can’t afford it’ or ‘I’ll wait.’ Words become flesh,” he said.
Kiyosaki ended his message with a call for preparation, education, and immediate action.
“This could be the opportunity of your lifetime—if you act. Study, learn, create a plan, and move now. If you wait, it may be too late.”
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.

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The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

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