Boomers are out of luck: Robert Kiyosaki warns that the ‘biggest crash in history is coming’ — here’s his strategy to get rich before things get worse

Robert Kiyosaki, author of Rich Dad, Poor Dad , has been predicting dark clouds for the U.S. stock market for over a year, saying that when the storm hits, one generation will feel the brunt of it.

“BOOMERS are SOL: When the stock market bursts … BOOMERS will be BIGGEST LOSERS,” Kiyosaki posted on X, in December 2024.

In the wake of recent stock market turmoil, Kiyosaki didn’t hesitate to say I told you so.

“That stock market crash arrived today. We are definitely in a RECESSION and more than likely…a DEPRESSION,” he wrote in an X post April 4, 2025.

However, the controversial speaker and author went on to write that there’s a chance for investors to turn this crisis into an opportunity – if they play their cards right.

“Take care and make this recession the best thing that has ever happened to you,” he wrote. “You and only you have that power.”

Here are some of the investments Kiyosaki recommends.

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Precious metals

Kiyosaki has been a vocal proponent of silver and gold for decades.

In October 2023, Kiyosaki predicted, “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold, $3,700.”

That forecast has gained traction. Gold prices surged in 2025, now standing at about CAD$4,562.87 per ounce.

Silver and gold have long been considered popular hedges against inflation. The reason is simple: Central banks can’t print precious metals in unlimited quantities like fiat money.

Kiyosaki revealed that he has been purchasing gold and silver mines since 1985 and now he “literally owns tons of gold and silver.”

Getting some skin in the precious metals game isn’t solely reserved for the Kiyosaki-level rich. With CIBC Investor’s Edge, you have the opportunity to invest in precious metals like gold and silver without the worry of storing and protecting actual bars of them — or managing their mines.

CIBC Investor’s Edge offers these investments in the form of gold and silver e-certificates that you can use to top up your savings.

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Bitcoin

Bitcoin has been another standout performer in 2025, rising approximately 15% year-to-date.

On November 29, 2024, Kiyosaki predicted, “Bitcoin will soon break $100,000.” On December 4, 2024, the cryptocurrency surpassed that milestone, grabbing headlines worldwide.

But Kiyosaki doesn’t see US$100,000 as the end of the road. In a November 24, 2024, post, he posted a bold projection: “Q: What is the price of Bitcoin in 2025? A: $500,000 according to AI.” He did not specify which artificial intelligence model informed this prediction, but the ambitious target has certainly sparked interest.

One reason Bitcoin attracts crypto enthusiasts is its built-in scarcity, often likened to digital gold. Like gold, Bitcoin can’t be printed at will by central banks. Instead, Bitcoin volume is capped at 21 million by mathematical algorithms.

Kiyosaki has warned that once Bitcoin crosses US$100,000, it will become “almost impossible for the poor and middle class to catch up.”

He attributes this to the dominance of ultra-rich entities — such as corporations, banks and sovereign wealth funds — who will be the only ones able to acquire Bitcoin in significant amounts.

“The horse will be out of the barn and running,” he wrote, urging people to act now. “Don’t let the rich get richer … without you.”

Real estate — revisited

“Your house is not an asset” is one of Kiyosaki’s most well-known ideas. “What is the definition of the word? If it puts money in my pocket, it's an asset. If my house is taking money from my pocket, it's a liability,” he explained.

The Rich Dad website expands on this concept, pointing out that owning the home you live in often takes money out of your pocket in the form of mortgage payments, utilities, taxes and maintenance costs.

Rental properties, however, are a different story.

According to the website, when purchased and managed wisely, rental properties can generate “significant, regular cash flow.” Additionally, increases in rents and property values over time can create “an important supplementary revenue stream.” While all investments carry some level of risk, cash-flowing properties are “generally less subject to the daily ups and downs” of the market compared to other types of investments.

Perhaps that’s why Kiyosaki once disclosed he owns 15,000 houses — strictly for investment purposes.

If you want to tap into the booming real estate market but don’t want to deal with the headaches of being a landlord, luckily investing in Real Estate Investment Trusts (REITs) offers a hands-off approach for everyday investors.

You can buy and sell REITs on the stock market through a self-directed online trading platform like CIBC Investor’s Edge, where you’ll pay low commissions on trades and have no or minimal account maintenance charges, depending on the size of your portfolio.

Get started with CIBC Investor's Edge today.

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at investorsedge.cibc.com

Sources

1. Bankrate: Bitcoin’s price history: From its 2009 launch to its 2025 heights, by James Royal (Apr 29, 2025)

2. Au Bullion: Gold Price Today Per Ounce - Live Gold Price