Robert Kiyosaki Warns of Historic Market Crash
Investor and author Robert Kiyosaki is warning of an imminent and historic stock market crash. His bearish outlook contrasts with more optimistic market forecasts from major financial institutions. Kiyosaki has previously advocated for alternative assets like gold, silver, and Bitcoin as a hedge against traditional market downturns.
- In his 2013 book, "Rich Dad's Prophecy," Kiyosaki first warned of a historically large market crash, a prediction he now says is imminent and will unfold throughout the summer of 2025. He specifically cautions that Baby Boomers' retirement savings could be "wiped out" as stocks, bonds, and real estate markets fall. - Kiyosaki's track record on market crashes is mixed. He is credited by some for his warnings ahead of the 2008 financial crisis, but other crash predictions in 2016, 2020, and 2022 did not materialize as he forecasted. For instance, in September 2022, he predicted an "everything crash," yet most sectors saw positive returns over the following year. - Contrasting Kiyosaki's dire warnings, major financial institutions project a more stable economic environment. J.P. Morgan's 2025 mid-year outlook forecasts the S&P 500 to close near 6,000, supported by double-digit earnings growth, and anticipates a slow-growth, non-recessionary environment for the U.S. Similarly, Goldman Sachs' baseline forecast for the U.S. in 2025 is "essentially benign," with solid growth and cooling inflation. - Morgan Stanley advises investors to adopt a "barbell" portfolio strategy for 2025, balancing high- and low-risk assets to navigate a "moderate macro environment." Their CIO, Mike Wilson, has relaxed his previously bearish outlook and predicts the S&P 500 will end 2025 around 6,500, implying a more than 7% increase from late 2024 levels. - As a hedge against the crash he predicts, Kiyosaki advocates for owning physical gold, silver, and Bitcoin, which he refers to as "real assets." He has made several ambitious price predictions for these assets, including gold reaching $27,000 and Bitcoin hitting $250,000 by 2026. - Kiyosaki has singled out silver as the "biggest bargain" of 2025, suggesting it could triple in value. He has also linked his crash prediction to the rise of artificial intelligence, arguing that AI-driven job losses will lead to a collapse in office and residential real estate. - While Kiyosaki champions them as safe havens, gold, silver, and Bitcoin have experienced significant volatility. In a late 2025 report, silver and gold delivered yearly returns of 86% and 60% respectively, while Bitcoin saw a negative return for the same period. However, looking at a longer timeframe, one analyst noted that Bitcoin's 429% surge since 2022 has outpaced both gold and silver.
