Robert Kiyosaki, a motivational speaker and financial author, has warned that “debt and inflation will only go up,” while reiterating his bullish outlook on gold and silver.
In a post published on X on July 17, Kiyosaki said he agrees with investor Jim Rogers that both precious metals are “going to the moon,” pointing to sharp declines in both markets and noting that gold had fallen from a high of $5,405 to $4,006, while silver had dropped from $118 to $56.
Although he finds price retracements unsurprising, the author of Rich Dad Poor Dad argued that many speculators make the mistake of buying at market peaks and selling during sharp downturns.
Rather, he believes the latest dips are a buying opportunity since the world economy “is in great trouble” and he does not trust centralized bodies to solve the problem. The comment came just as the largest U.S. gold ETF saw $14 billion in quarterly outflows.
“The world economy is in great trouble, and I do not trust our leaders or central banks to solve the problem. In fact they are the problem and things like debt and inflation will only go up… Gold and silver are going to the moon!!!!” he wrote.
Gold and silver are Robert Kiyosaki’s favorite assets
In a separate post, Kiyosaki elaborated further on what he means precisely by the economy being in trouble. Namely, the personal finance writer pointed to the rise of China as a global competitor, a “bankrupt U.S. economy, and artificial intelligence (AI) as the root of mass lay-offs.
“We are entering one of the most turbulent times in money history, especially with the rise of China, a bankrupt US economy, and AI causing mass lay offs,” he added.
The decline in gold may also partly reflect strong investor demand for AI-related technology and semiconductor stocks, which have attracted capital away from non-AI assets. However, the commodity still benefit from inflation concerns and strong central-bank demand.
For Kiyosaki, gold and silver thus remain key assets for navigating the upcoming period, which he sees characterized by uncertainty. That is, despite the possibility of further volatility and sharp retracements, he continues to favor precious metals as a hedge against rising debt, inflation, and broader economic uncertainty.
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