Robert Kiyosaki, the author of Rich Dad Poor Dad, has issued a bold warning, claiming that the global financial system is collapsing and hyperinflation has begun. He is urging people to move their money out of fiat currency and into bitcoin, gold, and silver before it’s too late.
Kiyosaki posted on X (formerly Twitter) on May 21:
“The END is here… Hyperinflation is here. Millions, young and old, to be wiped out financially.” He added that bitcoin could surge to $500,000 or even $1 million, while gold may reach $25,000 and silver $70.
He also pointed to a recent failed U.S. bond auction, where the Federal Reserve had to buy $50 billion in bonds itself. Kiyosaki called this “fake money buying fake money” and a clear sign that confidence in the dollar is gone. He stated, “The system is now eating itself.”
In a separate post, he called U.S. bonds unsafe, saying:
“Nothing is safe if there is counterparty risk. Financial advisors have lied to the public.”
Kiyosaki warned that paper assets, including ETFs, are worthless, calling them “more expensive toilet paper.” He said real value lies in physical gold, silver, and bitcoin, not traditional savings.
He ended his message with a stark summary:
“Gold, silver, and bitcoin are money. Everything else is toilet paper. Savers are losers.”
Kiyosaki has long criticized the U.S. economy as being built on debt and manipulation. Now, he says the moment of reckoning has arrived and people should act fast to protect themselves.