In a publish on X (previously Twitter), Kiyosaki urged traders to guard themselves, saying, “Silver, gold, Bitcoin, and Ethereum traders will shield you. Take care.”
The publish sparked a flurry of reactions. One consumer wrote, “Been calling this for weeks. Fee cuts have already began — similar to in 2000, 2007, and 2020 — proper earlier than -49%, -56%, and -35% drawdowns. This isn’t fearmongering; it’s historical past repeating. The April lows are simply the beginning.”
Another echoed the sentiment: “Spot on, Robert — history doesn’t lie. Remember 2008? The ‘experts’ called it a blip while families lost homes. With $35T in U.S. debt and endless money printing, this bubble’s primed to burst. I’ve been stacking silver and Bitcoin since 2020 — it’s not simply safety, it’s freedom from the fiat lure.”
However others pushed again. “Bob, you’ve been predicting a crash yearly. At some point you’ll be proper by likelihood. Markets don’t simply crash — they rotate. Liquidity strikes. Gold and silver are wonderful, however Bitcoin isn’t safety — it’s evolution,” one commenter stated.
In the meantime, gold costs prolonged their decline for a second consecutive week, pressured by a stronger greenback, improved international threat urge for food, and the U.S. Federal Reserve’s cautious stance on fee cuts. On the Multi Commodity Alternate (MCX), December gold futures fell ₹2,219, or 1.8%, final week, touching an intra-day low of ₹1,17,628 per 10 grams on October 28.
Bitcoin additionally seems to be beneath stress, heading for a virtually 5% month-to-month decline amid market jitters and muted threat sentiment. The world’s largest cryptocurrency dropped as little as $104,782 through the October 10–11 interval, after hitting a brand new document excessive above $126,000 simply days earlier.
