Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, is once again in the spotlight — this time for a prediction that appears to have come true.
For months, Kiyosaki had been warning that a major market correction was inevitable. His warnings gained renewed attention this week after U.S. President Donald Trump announced a 100% tariff on Chinese imports on October 10, triggering a sharp sell-off across the crypto market.
According to on-chain data, more than $19 billion in leveraged crypto positions were liquidated within 24 hours, marking one of the most severe downturns in the short history of digital assets.
The following day, Kiyosaki took to X (formerly Twitter) to remind his followers that he had foreseen this year’s crash long ago, once again urging investors to move away from what he calls “fake money.”
Kiyosaki Doubles Down on Real Assets: Bitcoin, Ethereum, and Silver
Kiyosaki has long criticized traditional fiat currencies, warning that inflation steadily erodes their value. Instead, he continues to advocate for what he calls “real assets” — namely gold, silver, and Bitcoin.
Recently, the financial educator has also added Ethereum (ETH) to his list of preferred investments. He explained that both silver and Ethereum serve not only as stores of value but also have practical utility — silver in industry and ETH within decentralized finance (DeFi) ecosystems.
ETH, which was trading above $4,700 just days ago, plunged to around $3,807 during the market turmoil, according to Kraken data. Bitcoin, meanwhile, hovered near $111,500 at the time of writing.
A Familiar Warning
This isn’t the first time Kiyosaki and Trump have shared a stage when it comes to financial advice. The two co-authored a book back in 2006 titled Why We Want You To Be Rich: Two Men – One Message, emphasizing the importance of financial education and investing outside conventional systems.
Now, with global markets rattled once again, Kiyosaki’s message remains consistent: don’t rely on printed money — invest in assets with lasting value.
