Tuesday, July 28, 2026

"If You Hold Cash, You’ll End Up Poor"... The 4 Things the 'Rich Dad' Author Says to Buy Right Now

Input
2026-07-28 09:55:58
Updated
2026-07-28 09:55:58
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad. Source: Yahoo Finance

[Financial News] As U.S. national debt surges and concerns grow over a weakening currency, Robert Kiyosaki, author of the global bestseller Rich Dad Poor Dad, has again warned of the risk of a financial system collapse. He strongly urged investors to restructure their portfolios around scarce assets such as gold, Silver and Bitcoin that governments cannot control.

Kiyosaki recently used his social media account to sharply criticize the deterioration of U.S. public finances, calling rising national debt the biggest risk facing financial markets.
According to data from the U.S. Department of the Treasury, U.S. national debt stood at $39.64 trillion as of the 22nd, more than four times higher than during the 2008 Global Financial Crisis (GFC), when it was about $9.5 trillion. It is now close to surpassing $40 trillion.
He said the current system, in which the U.S. government adds about $1 trillion in debt every 90 days, is unsustainable in the long run. He therefore stressed the need to hold hard assets that the government cannot freely increase in supply, in order to prepare for currency depreciation and inflation.
Kiyosaki said, "Rich people do not save money," and urged people to reduce their dependence on the fiat currency system. He added, "I have been accumulating silver since 1965, gold since 1971, Bitcoin since 2012, and Ethereum since 2022."
He also praised Bitcoin, whose total supply is capped at 21 million coins, and Ethereum, a core asset in the Decentralized Finance (DeFi) ecosystem.
He maintained his bold price outlook, saying that if a major overhaul of the financial system takes place, gold could rise to $35,000 per ounce, Silver to $200, Bitcoin to $750,000, and Ethereum to $95,000.
Still, market watchers are cautious about his aggressive forecast. Kiyosaki has warned for years about a depression and market collapse, but in recent years U.S. stocks have continued to rise, helped by the boom in Artificial Intelligence (AI) investment, among other factors. In many cases, his warnings have diverged from actual market trends.
Critics also note that gold and Silver do not generate cash flow, while virtual assets are extremely volatile, suggesting that sophisticated risk management should accompany any investment strategy based simply on pessimism. Even so, his message that portfolios should be diversified beyond fiat currency amid soaring national debt is drawing attention in the market.

[email protected] Moon Young-jin Reporter