logo
'Bubble Bursting, Take Care': Rich Dad Poor Dad author Robert Kiyosaki warns of gold, silver, and Bitcoin price crash soon

'Bubble Bursting, Take Care': Rich Dad Poor Dad author Robert Kiyosaki warns of gold, silver, and Bitcoin price crash soon

Time of India4 days ago
Renowned financial author
Robert Kiyosaki
has predicted a possible price crash in gold, silver, and Bitcoin. He said he plans to buy more of these assets if their prices fall. The warning was posted on his social media platform, where he said, 'Bubbles are about to start busting.'
Kiyosaki, author of the best-selling book
Rich Dad Poor Dad
, believes that when market bubbles burst, they could bring down the prices of major commodities. However, he called this 'good news' for those who are ready to invest when prices drop.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
CXO
MCA
Project Management
healthcare
Cybersecurity
Healthcare
Product Management
Design Thinking
Leadership
Finance
Management
Artificial Intelligence
Digital Marketing
Others
others
Technology
Data Analytics
Operations Management
Degree
Public Policy
MBA
Data Science
PGDM
Data Science
Skills you'll gain:
Operations Strategy for Business Excellence
Organizational Transformation
Corporate Communication & Crisis Management
Capstone Project Presentation
Duration:
11 Months
IIM Lucknow
Chief Operations Officer Programme
Starts on
Jun 30, 2024
Get Details
Skills you'll gain:
Digital Strategy Development Expertise
Emerging Technologies & Digital Trends
Data-driven Decision Making
Leadership in the Digital Age
Duration:
40 Weeks
Indian School of Business
ISB Chief Digital Officer
Starts on
Jun 30, 2024
Get Details
Skills you'll gain:
Customer-Centricity & Brand Strategy
Product Marketing, Distribution, & Analytics
Digital Strategies & Innovation Skills
Leadership Insights & AI Integration Expertise
Duration:
10 Months
IIM Kozhikode
IIMK Chief Marketing and Growth Officer
Starts on
Apr 7, 2024
Get Details
Skills you'll gain:
Technology Strategy & Innovation
Emerging Technologies & Digital Transformation
Leadership in Technology Management
Cybersecurity & Risk Management
Duration:
24 Weeks
Indian School of Business
ISB Chief Technology Officer
Starts on
Jun 28, 2024
Get Details
Robert Kiyosaki gold, silver and bitcoin warning
'Bubbles are about to start busting'
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Play War Thunder now for free
War Thunder
Play Now
Undo
In his post dated July 21, 2025, Kiyosaki wrote:
'BUBBLES are about to start BUSTING.
Live Events
When bubbles bust odds are gold, silver, and Bitcoin will bust too.
Good news.
If prices of gold, silver, and Bitcoin crash… I will be buying.
Take care.'
— theRealKiyosaki (@theRealKiyosaki)
Kiyosaki has long encouraged investors to buy real assets when prices go down. He said he would continue to follow this strategy if there is a crash. His forecast reflects a common investing approach—buying valuable assets at lower prices during economic downturns.
Robert Kiyosaki's earlier prediction on silver
In a previous post on X, Robert Kiyosaki predicted that silver prices might rise to twice their current value, highlighting his positive outlook on the metal. He said silver remains heavily undervalued and advised investors to think about including it in their investment plans.
Criticism of saving in fiat money
Kiyosaki repeated his long-held view that saving traditional money is not a good financial plan. He wrote that 'Savers are losers' and criticised the U.S. Federal Reserve, calling its printed currency 'fake banknotes.' He said:
'Stop saving fake dollars, start saving real gold, silver and Bitcoin.'
He cited past events such as the 1987 market crash and the 2019 repo market crisis to argue that the U.S. Fed made things worse by printing money. Kiyosaki claims this adds to inflation and weakens the value of fiat currency.
Cautious on Bitcoin despite new high
Even as Bitcoin recently touched an all-time high, Kiyosaki said he is not adding to his holdings for now. He stated he will wait to see how the economy moves. Drawing a comparison with Warren Buffett, he noted:
'[Buffett] is sitting on billions in cash, waiting for bargains. I am doing the same.'
Kiyosaki's remarks underline the risks and timing involved in investing in volatile markets. While he supports gold, silver, and Bitcoin, he advised waiting for the right moment to enter.
A strategy for uncertain times
Kiyosaki's comments highlight his belief that real assets are better than cash savings, especially during market uncertainty. He urged people to prepare for possible downturns by keeping cash ready to buy when prices fall. His outlook encourages a proactive investment approach while warning against relying too heavily on traditional money-saving methods.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Motorists fume as Telangana RTA drives up service charges
Motorists fume as Telangana RTA drives up service charges

Time of India

time29 minutes ago

  • Time of India

Motorists fume as Telangana RTA drives up service charges

Hyderabad: Applicants attempting to book slots for various transactions at the Regional Transport Authority (RTA) woke up to a rude shock on Sunday as they found a sudden increase in charges across several services. The revision came into effect at 2 am. The new rate-card shows that RTA has revised fees anywhere from Rs 100 to Rs 1,000 — with a fourfold jump in rates for a no-objection certificate (NOC). Available for Rs 100 until now, every NOC will now cost a motorist Rs 435. The cost for terminating vehicle agreements for four-wheelers has also been substantially increased from Rs 2,135 to Rs 3,135. Even commonly availed costs, right from learners' licence to vehicle hypothecation, have been brought under the new price umbrella. Motorists applying for any licence will have to cough up an additional Rs 100. The only exemptions: Permits, vehicle fitness assessments, taxes on vehicles from other states, permit cancellations, life taxes, and quarterly taxes. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad 10k applicants to be impacted This revision — brought in three years after a hike on life taxes — is likely to impact at least 10,000 daily applicants at all RTA offices across the state. In 2022, the Telangana govt had raised life taxes under the Telangana Motor Vehicles Taxation Act, 1963, with increases ranging from 9% to 19% based on vehicle cost and category. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unsold 2021 Cars Now Almost Free - Prices May Surprise You Unsold Cars | Search Ads Learn More Undo Many applicants, while ruing the sharp rise, also complained about the current revision being implemented surreptitiously without prior public announcement or notification. In fact, the RTA website: is yet to be updated with these new charges. Speaking to TOI, some said that they realised that the fees had been hiked only when they went to their RTA office to avail of a service. 'I tried to secure a learner's licence slot two days ago, when the fee displayed was Rs 450. However, I encountered technical issues and couldn't complete the booking. When I tried again on Sunday, I was surprised to see that the total amount had risen to Rs 550, with the service charge component having increased from Rs 100 to Rs 200,' said K Venkatesh, an applicant from Uppal. Move to increase revenue: RTA RTA officials said that the revision was aimed at enhancing revenue. 'Only service charges, which have remained unchanged for several years, have been increased. However, we need to monitor the situation for at least one month to assess how these increased charges contribute to revenue enhancement,' MM Chandrasekhar Goud, joint transport commissioner (IT & Vigilance), told TOI. Sources, on the other hand, hinted at the move being designed to accommodate tax exemptions being offered to EV buyers. Incidentally, since the Telangana govt implemented its EV policy on Nov 16, 2024, Rs 400 crore (approx) tax has been exempted through sales of more than 50,000 EVs. 'The govt's actions are unfair, as they offer complete tax relief to electric vehicles while parallelly raising service charges,' said M Dayanand, general secretary, Telangana Auto and Motor Welfare Union.'The facilities at their offices lack essential amenities for the public, and applicants are forced to wait in long queues for their turn. It is disappointing that despite these ongoing service deficiencies, the RTA has implemented increased service charges. I urge the govt authorities to reinstate the previous fee structure, in the interest of the public.'

Gujarat govt approves five-year action plan for AI implementation
Gujarat govt approves five-year action plan for AI implementation

Time of India

time30 minutes ago

  • Time of India

Gujarat govt approves five-year action plan for AI implementation

Gandhinagar: The state govt said on Sunday that it approved an action plan for the implementation of artificial intelligence (AI). Over the next five years, the govt aims to position the state as a leader in AI-enabled governance. The action plan, which will serve as a time-bound blueprint to equip the state govt with advanced AI capabilities, will be based on six key aspects: data, digital infrastructure, capacity building, research and development, startup facilitation and 'safe and trusted AI', the govt said. Over the next five years, the govt aims to train over 2.5 lakh individuals, including students, MSMEs and govt employees in AI, machine learning (ML) and related domains. At the annual Chintan Shibir in Somnath in Nov 2024, the CM said that Gujarat will leverage AI across its administrative framework and departments to lead in technology-driven governance and socio-economic progress. Subsequently, a 10-member task force was set up with members from key departments such as healthcare, education, agriculture, fintech and other sectors. Based on the task force's recommendations, the CM approved the AI implementation action plan, an official statement said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Secret Lives of the Romanovs — the Last Rulers of Imperial Russia! Learn More Undo You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad The govt said that an 'AI and Deep Tech Mission' will be formed, which will function as a specialised institutional mechanism, leading the design, implementation and innovation of AI strategies and emerging technologies within the state govt. The mission will also be mandated to foster collaboration among startups, academic research and industries. The statement said the action plan will be implemented in phases, starting with initiatives like creating a state-level AI data repository, establishing AI factories and initiating department-specific pilot projects.

Innovation must be central idea in our education system: DST secy
Innovation must be central idea in our education system: DST secy

Time of India

time30 minutes ago

  • Time of India

Innovation must be central idea in our education system: DST secy

Panaji: Innovation must be the central idea in India's education system to spur rapid growth and development in the country, said Abhay Karandikar, the secretary of the Centre's department of science and technology. He was speaking at the convocation ceremony of BITS Pilani KK Birla Goa campus, on Sunday. Karandikar said govt launched initiatives such as StartUp India in 2016 to boost innovation and entrepreneurship. Citing the Unified Payment Interface (UPI) as one of the world's largest digital payment systems, Karandikar emphasised the role of technology and innovative research in improving people's quality of life and contributing to the country's economic infrastructure. 'We are now witnessing the emergence of the third wave of innovation in the country. Young innovators are providing solutions to IT, electronics, manufacturing, space, and defence sectors,' he said. While talking about India's position as the third-largest startup ecosystem, he said that many startups have been conceptualised by the alumni of the BITS Pilani ecosphere. 'Institutions like BITS Pilani are at the forefront of shaping a research-driven, innovation-led future for India,' Karandikar said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo 'As graduates of this esteemed institution, you carry the responsibility to not only excel in your careers but also to contribute meaningfully to society and the nation.' Degrees were awarded to 968 students across BE, MSc, ME, and PhD programmes on Sunday. The medal winners from the bachelor's degree programmes were Ashman Mehra (gold), Soham Amit Walimbe (silver), and Arnav Goyal (bronze). 'You are equipped not just with technical knowledge, but with values, resilience, and a spirit of innovation. Go forth and be the architects of change, because true success lies in the positive difference you create in the world around you,' said Prof V Ramgopal Rao, the vice-chancellor of BITS Pilani. The Goa campus awarded PhD degrees to 48 women, making up 46.3% of the doctoral graduates, a record high in the institute's history. Prof Suman Kundu, the director of the KK Birla Goa campus, said the institute recorded 179 patent filings and 13 technology transfers in the past year alone. Karandikar inaugurated a device lab and two cleanrooms (contamination-resistant facilities) as part of the BITS BioCyTiH Foundation, the technology hub at BITS established through a govt of India scheme.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store