According to financial guru Robert Kiyosaki, things are not looking good for the economy in the near future. While many people are now feeling the courage to jump into the stock market, Kiyosaki is predicting that financial movements are going to be downwards and he does not want to take any risks with his money.
The best-selling author of Rich Dad, Poor Dad posted on X: “The crash is coming: Why I’m buying, not selling.”
However, that doesn’t mean he’s sitting on the sidelines. As he estimates, this is what Kiyosaki is buying Doom and gloom on the economic horizon:
There are some investments that may seem old-fashioned, but Kiyosaki is a big fan of putting his money behind gold and Watching it grow safely.
Continuing his argument on X, Kiyosaki wrote that he continues to keep his eyes on Invested in gold and has a current target price of $27K. Kiyosaki said, “I got this price from my friend Jim Rickards… and I own two gold mines.”
Kiyosaki continued, “I started buying gold in 1971… the year Nixon took gold out of the US dollar. Nixon violated Gresham.” [sic] The law, which says ‘when counterfeit money enters the system… the real money goes into hiding.’
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Kiyosaki’s target price for silver
Besides gold, Kiyosaki has investments and goals Other precious metals and resources are poised for a projected crash next year.
“Silver $100 in 2026. I own silver mines and I know new silver is scarce,” Kiyosaki wrote.
Kiyosaki’s target price for Bitcoin
Ever the financial innovator, Kiyosaki has bucked trends that may seem a little risky and too new to make safe bets like Bitcoin. In his post on X, Kiyosaki revealed that his target price for Bitcoin in 2026 is $250K.
Kiyosaki’s target price for Ethereum
Kiyosaki wants Ethereum at $60. “I got it from Tom Lee. Ethereum is a blockchain for stable coins,” Kiyosaki said. “This means that Ethereum obeys Metcalfe’s Law… the law of net works.”
conclusion
Kiyosaki ended the post by saying that he follows the rules of money, Gresham and Metcalfe’s laws, but he disagrees with the current system. “Unfortunately the U.S. Treasury and the Fed broke the law,” Kiyosaki said. “They print fake money to pay their bills. If you and I did what the Fed and the Treasury are doing… we’d be in jail for breaking the law.”
Remind that the United States has With the national debt the largest in history, Kiyosaki reiterated his warning that “savers are the losers” which is why he will continue to invest in gold, silver, Bitcoin, and Ethereum even if they crash.
“Take care,” Kiyosaki wrote. “Immense riches ahead.”
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This article was originally published on GOBankingRates.com: Robert Kiyosaki warns a ‘crash’ is coming – here’s what he’s buying
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