Ignore Him and Do These 6 Things Instead

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Robert Kiyosaki says 2026 will bring the biggest financial crash in history — and that the only safe harbors are gold, silver, and Bitcoin (1). He’s warned that millions will lose everything and that a generation of boomers will see their retirements devastated (1).

In November 2025, he predicted Bitcoin would hit $250,000 in 2026, alongside gold at $27,000 and silver at $100. The year’s not over, but so far, none of those are remotely close.

Of course, crashes do happen. I was a stockbroker during the Black Monday crash of 1987, and I’ve traded through the dot-com bust, 2008, and the 2020 collapse. I’ve also made millions in stocks by ignoring exactly the kind of noise Kiyosake is making.

Kiyosaki has been predicting this same crash for the better part of two decades, and his timing record is, charitably, terrible (2). Gold, his favorite hedge, sits near $4,330 an ounce today — down from its January record, near a two-month low, and pretty far from $27,000. (3).

He’s not completely wrong. No. Stocks are expensive, and the smartest investors alive seems to agree: Now-retired Warren Buffett’s Berkshire is sitting on a record $397 billion in cash after quarter upon quarter of selling more stock than it bought (4). By one widely watched gauge, valuations haven’t looked this stretched since the dot-com bubble (5).

That’s the tension worth understanding — a kernel of truth wrapped in a lot of fear designed to sell you something. Here are six things I’d actually do, separating the signal from the sales pitch.

1. Admit the part he gets right

Let’s start where Kiyosaki isn’t crazy, because that’s what makes him persuasive.

Stocks are really are expensive by historical standards (5) — I’ve laid out the warning signs myself. And Buffett — who’s forgotten more about investing than most of us will ever learn — has built the biggest cash pile in Berkshire’s history rather than chase those prices (4).

When a doom-caller and the Oracle of Omaha both say “be careful,” the “be careful” part deserves your attention. It’s the rest of the pitch that doesn’t really do it for me.

2. Look at his track record before you believe the date

Here’s what the breathless coverage leaves out: Kiyosaki has called crash after crash, and the market kept climbing.

He warned of a collapse in the spring of 2020 — right before stocks went on one of the great runs in history. My colleagues catalogued six times he blew the call over a single decade. His framing lately is that a crash isn’t a matter of if, but when — which is just an elegant way of admitting he has no idea when.

A broken clock is right twice a day. That’s not something you can retire on.

3. Build a plan, not a reaction

The real danger isn’t the crash Kiyosaki keeps promising. It’s what scared investors do to their own portfolios — selling at the bottom, then piling into whatever the loudest voice is hawking.

The antidote is boring: a plan you made before the fear hits, ideally with someone who has no incentive to sell you gold coins.

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Quick gut-check — if your money advice is coming from random online influencers, you’re playing a dangerous game. I’ve been a CPA since 1981 and writing about money since before the internet existed. Sign up for the free Money Talks Newsletter and get expert advice that’s been tested by time.

4. Keep cash — ‘savers are losers’ is the worst advice he gives

Kiyosaki loves to say “savers are losers.” It’s catchy, but it’s wrong.

Cash isn’t how you get rich — it’s how you stay ready. The people who pounced in 2009 and 2020 had money on the sidelines while everyone else was frozen. And don’t mistake me for a cheerleader at these prices either — I’ve argued recently that I wouldn’t buy just because the market ticked up. The point is to stay ready, not to guess.

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5. If you want gold, own it like an adult

I’m not anti-gold. A modest slice — many advisors suggest up to 10% of a portfolio — can cushion against inflation and the occasional currency scare.

What I’m against is betting your retirement on it. Gold has returned about 7.9% a year since 1971; stocks returned 10.7% (3). And gold just fell from its January record, a useful reminder that “safe haven” doesn’t mean “only goes up” (3).

So if you want some, size it sanely and own it the boring way — not because a tweet told you the world is ending.

With market swings and inflation on a lot of savers’ minds, some investors choose to diversify part of their retirement into physical precious metals.

A Gold IRA lets you roll over an existing retirement account into one that holds physical gold, with the same tax treatment as a traditional IRA — or you can buy physical coins delivered to your door. (Minimum investment: $15,000.)

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Investing in precious metals carries risk, including price volatility. Past performance doesn’t guarantee future results. This is not investment advice.

6. Ignore the price targets — they’re entertainment

Kiyosaki has floated gold at $27,000 an ounce and Bitcoin in the hundreds of thousands (2). For gold to reach $27,000 from today’s roughly $4,330, it would have to climb about six-fold (3).

Could it happen someday? Anything can. But a number that extreme isn’t analysis — it’s a headline built to make you act right now.

Plan for a range of outcomes. Don’t stake your future on someone else’s fantasy.

The bottom line

I’ve watched four real crashes up close, starting as a young stockbroker in 1987, when the Dow fell 22% in a single day. The pattern is the same every time: the people who panicked got hurt, and the people who plan get opportunities.

Kiyosaki may eventually be right that a big drop is coming — markets always correct sooner or later. But “be prepared” and “dump everything into gold because the apocalypse is here” are not the same sentence.

Stay diversified. Keep some cash. Own a little gold if it helps you sleep at night. And the next time someone famous tells you the world ends on a specific date, ask how many times they’ve said it before.

Sources: Yahoo Finance (1); TheStreet (2); Fortune (3); CNBC (4); AOL (5).