At the Vancouver Resource Investment Conference, renowned author and financial educator Robert Kiyosaki issued a stark warning regarding the future of the global economy. Drawing on historical parallels and current market trends, Kiyosaki suggests that the simultaneous rise in precious metals is a clear signal of an impending currency collapse,.
The "Tandem" Warning
According to Kiyosaki, when gold and silver move upward in tandem, it serves as a major red flag for the US dollar. Referencing insights from investor Ray Dalio, he explains that this phenomenon indicates that "smart money" is dumping paper currency—which he frequently refers to as "toilet paper"—to seek refuge in physical assets,.
In the context of the discussion, gold is cited at $5,100 and silver at $111, prices that reflect a state of euphoria and a "bubble" in the sector,. Kiyosaki compares this environment to the Weimar Republic and Zimbabwe, where the rejection of local currency led to hyperinflation and total social chaos,,.
The Debt "Detonation"
Kiyosaki describes the United States as the "biggest detonation in world history" due to its mounting national debt,. He argues that the government is essentially printing money simply to pay its bills, a practice he warns will lead to a collapse similar to those seen in failed economies. He notes that while the rich may get richer during these times, the poor and middle class suffer as the cost of basic necessities, such as food and fuel, skyrockets.
A Failure of the Education System
A significant portion of Kiyosaki's concern stems from what he views as a failed education system. He critiques schools for:
Lack of Financial Literacy: Schools do not teach students how money works, instead encouraging them to save "toilet paper" and pay taxes,.
Marxist Ideology: He claims many educators hold "Marxist" views that are hostile to private property and wealth creation,.
Obsolescence via AI: He warns that Artificial Intelligence (AI) will soon replace high-level professional roles, such as doctors and lawyers, making traditional degrees less valuable.
Protecting Your Future
For the average individual, Kiyosaki emphasises that the "greatest asset" is the human brain. He advises "Mom and Pop" investors to stop living "paycheck to credit card" and to start educating themselves on what constitutes "real money",.
While he acknowledges that those who haven't already bought precious metals may be "late to the boat" due to inflated prices, he maintains that physical gold and silver are essential for survival if a currency fails,. He personally holds these assets so they can be exchanged for food and essentials in the event of a total monetary breakdown.
Geopolitical and Technological Risks
Kiyosaki also highlights "country risk", stating he avoids doing business in China, California, and New York because he views their policies—such as wealth taxes—as an "abolition of private property",. Furthermore, he cautions the public about the rise of AI deepfakes, noting that fraudulent videos of him are being circulated to mislead investors.
Ultimately, his message is one of urgent preparation: "When money destroys nations," chaos follows, and the only way to protect oneself is through financial education and the ownership of tangible assets,