While Robert Kiyosaki has made a name for himself predicting economic doom and gloom, his track record is spotty at best. The “Rich Dad, Poor Dad” author’s crystal ball seems to have a few cracks in it. Sure, he nailed Bitcoin’s rise to $100,000 in 2023, but he also missed the mark on several other major predictions. Remember that global recession he promised for January 2023? Didn’t happen. The stock market crash in February 2023? Another swing and a miss.
Now Kiyosaki’s back with more dire warnings. He’s forecasting the “biggest stock market crash in history” for February 2025, along with what he dramatically calls the “Greatest Depression.” His latest predictions paint a grim picture: massive job losses, plummeting stocks, and a housing market heading south. In these predictions, he warns of massive sales of cars, houses, stocks, and bonds after the crash. His emphasis on safe haven assets during market turbulence has become a recurring theme in his recommendations.
He’s particularly harsh on the U.S. dollar, dismissing it as “fake money” while warning about rising inflation and out-of-control debt. Bitcoin’s decentralized nature and limited supply make it an attractive alternative to traditional currencies. The irony? While Kiyosaki’s been preaching market doom, the S&P 500 finished 2023 up a whopping 24%. His February 2024 stock and bond market crash prediction? The bond market barely registered a 2% decline. Talk about anticlimactic.
Still, not all of Kiyosaki’s investment recommendations seem far-fetched. His push toward Bitcoin, gold, and silver isn’t looking too shabby, with gold hitting an all-time high of $2,920 in 2025 and silver climbing to $32.36. Bitcoin’s holding steady at $96,770, though it didn’t quite reach his predicted $120,000.
His advice about avoiding office buildings and small retail stores while focusing on land ownership and self-sustaining skills might resonate with many. He’s big on financial education and entrepreneurship too – can’t argue with that.
But here’s the thing: for someone who’s been predicting economic catastrophe almost annually, the law of averages suggests he’ll eventually be right. The question is: will anyone still be listening when that day comes?
