Stocks, real estate will crash when ‘everything bubble’ pops: Kiyosaki

• Robert Kiyosaki warned an “everything bubble” spanning stocks, bonds, and real estate would pop.
• The “Rich Dad Poor Dad” author touted gold, silver, and bitcoin for riding out the storm.
• Kiyosaki’s similar warnings in the past haven’t panned out, but he has made some accurate calls.

There’s a massive, multi-asset bubble that will burst — and investors should take cover in precious metals and crypto, Robert Kiyosaki warned.

“The EVERYTHING BUBBLE, stocks, bonds, real estate SET to CRASH,” he said in a recent X post. “US debt increasing by $1 trillion every 90 days. US BANKRUPT. Save your self. Please buy more real gold, silver, Bitcoin.”

The “Rich Dad Poor Dad” author’s bleak forecast and recommendations won’t surprise his followers — he’s been sounding the bubble alarm, predicting an epic crash, and touting his favorite assets for years.

Yet it’s worth noting the S&P 500 and Nasdaq Composite have surged to record highs this year. The stock indexes have been fueled by AI hype and hope that the Federal Reserve will start cutting interest rates within months.

However, stubborn inflation and a booming job market have stoked fears that the Fed will keep rates higher for longer. That could weigh on stock-market sentiment, and drive up yields on bonds, pushing down their prices.

Meanwhile, the debt-laden commercial real estate sector has been hit by a triple whammy of slumping asset values, surging interest costs, and a credit crunch as regional banks pull back from lending to property owners.

At the same time, house prices are at historic highs. That’s despite mortgage rates soaring, and consumers facing a painful mix of higher food, fuel, and rent costs, plus steeper monthly payments on their credit cards, car loans, and mortgages.

Kiyosaki may be wary of heady asset prices when there are so many headwinds. He views gold and silver as superior to the dollar because their value won’t be inflated away if the US government continues to spend unprecedented amounts and push the national debt to new highs.

The personal-finance guru has also praised bitcoin repeatedly. But it’s worth noting that he dismissed the most popular crypto as worthless on his radio show as recently as 2022.

“I trade bitcoin. But I don’t think it has any value. I just play the game,” he said.

The Rich Dad Company founder’s latest crash warning should be treated with skepticism as his previous ones have failed to pan out.

Kiyosaki has also offered some unusual advice in the past, such as advising people to stock up on trash bags and toilet paper when inflation jumped in 2022, and hailing canned tuna and baked beans as the “best investments” at the time with prices rising so fast.

However, Kiyosaki has spotted trouble coming when few others did.

“I called Lehman Brothers years ago and I think the next bank to go is Credit Suisse,” he said in March last year — nearly a week before UBS agreed to an emergency takeover of the ailing Swiss bank.