Robert Kiyosaki, author of the bestselling personal finance book Rich Dad Poor Dad, has renewed his warning of a looming global economic downturn, reiterating his long-held prediction that the world could witness one of the biggest financial crashes in history. In a recent post on X, Kiyosaki urged followers to prepare for turbulent times, saying economic downturns create both losers and winners depending on how individuals respond. The financial educator said he had warned about such a scenario years ago in his book Rich Dad's Prophecy, claiming that readers who acted on its guidance are in a stronger position today. "REPEATING: Global economy is crashing. I predicted this in my book Rich Dad's Prophecy. Those that followed the guidance in that book are OK today," he tweeted. Kiyosaki added that investors still have time to change course, despite his belief that the downturn has already begun, noting that financial crises often redistribute wealth with many people suffering heavy losses while a small group manages to grow richer. "It's not too late to make changes now. In every crash many people are wiped out and a few people get richer. I want you to be one who gets richer," he added.
Financial author Robert Kiyosaki and commodities investor Jim Rogers have issued bullish predictions for gold and silver despite recent market volatility. According to reports from multiple sources, Kiyosaki bought more gold and silver during the latest pullback, echoing Rogers' July 18 forecast that both metals are headed higher. The author of Rich Dad Poor Dad frames the retracement as an opportunity, though critics see familiar risks in the current market environment. As per Kiyosaki's latest statements on X, he specifically noted that "interesting, many 'speculators' buy at the TOP then selling at the BOTTOM. I am in agreement with my friend Jim Rogers. During this last 'retracement' or 'crash' I bought more gold and silver." Kiyosaki ended the post by asking investors whether they would "buy high and sell low" or "buy low and get rich," before reiterating his belief that "Gold and silver are going to the moon."
The recent market data reveals significant volatility in precious metals pricing. As reported by multiple sources, gold reached a high near $5,405 before sliding back toward $4,006, representing a drop of roughly 26%. Silver showed even more dramatic movement, climbing to $118 then retracing to $56, cutting its peak by more than half. Kiyosaki noted that both metals recently witnessed steep pullbacks, saying gold had fallen from $5,405 to $4,006, while silver declined from $118 to $56. He added that many speculators make the mistake of buying at market peaks and selling after prices fall. Rogers previously noted that he is not buying now but not selling either, hoping to buy more if prices decline.
According to reports from multiple sources, Kiyosaki claims many speculators buy at peaks driven by fear of missing out, then panic-sell at lows. His overall position is based on troubled global economy conditions and distrust of central banks and political leaders. The behavioral analysis centers on the idea that during market corrections, experienced investors like Rogers and Kiyosaki view pullbacks as accumulation opportunities rather than selling signals. Asked by a friend for his reasoning behind buying more metals during the drop, Kiyosaki pointed to a troubled global economy and his distrust of central banks and political leaders. The veteran commodities investor Rogers previously noted that "Gold and silver have been going straight up. I am not buying now, but I am not selling either. If they go down, I hope I am smart enough to buy more." Kiyosaki explained his continued accumulation by saying "The world economy is in great trouble, and I do not trust our leaders or central banks to solve the problem. In fact they are the problem and things like debt and inflation will only go up."
The current bullish sentiment reflects broader concerns about government debt, fiat currency devaluation, and inflation erosion of purchasing power. Elevated national debts, geopolitical tensions, and doubts about monetary policy continue pushing capital toward perceived safe havens. For Jim Rogers, gold and silver form his standard duo of recommended hedges, with the thesis holding that tangible assets with intrinsic value protect wealth when institutional trust deteriorates. However, counterarguments note that precious metals yield nothing and their volatility can punish investors who mistime entries or lack patience. The recent numbers show why the topic matters, as traders watch these pullbacks closely because they often shake out recent buyers before the trend resumes. Kiyosaki has consistently advocated holding assets such as gold, silver, and Bitcoin during periods of economic uncertainty, with his latest warning coming after highlighting the possibility of a global market crash in 2026-27. His investment philosophy has remained largely unchanged over the years, with Bitcoin joining gold and silver as one of his preferred assets after he became increasingly bullish on cryptocurrencies.
