Robert Kiyosaki, known for his influential financial insights, took to the social media platform X on Friday with a stark message about the current stock market. “Rich Dad Poor Dad,” co-authored by Kiyosaki and Sharon Lechter in 1997, has been on the New York Times Best Seller List for over six years, selling more than 32 million copies in 51 languages across 109 countries.
The famous author declared:
As many have warned …. the stock market crash has arrived. Losses are substantial.
Kiyosaki highlighted advice from his “Rich Dad” mentor, emphasizing that market downturns present lucrative opportunities for the wealthy. He described: “Rich dad taught his son and me when markets are crashing is the time the rich get richer …. buying assets at bargain basement prices.”
The acclaimed author’s post is a call to action for investors, urging them to view the market crash as a prime buying opportunity. He enthused, “Markets are crashing. Great news. Asset markets are having a sale. This is your turn to get richer.”
Kiyosaki has long recommended gold, silver, and bitcoin. He recently predicted an imminent economic crash followed by a major bull market, with bitcoin potentially reaching $10 million per coin, gold $15,000 an ounce, and silver $110 an ounce. He attributes this forecast to declining trust in fiat currencies and historical trends.
