Late on Sunday, May 24, famous author and prominent investor Robert Kiyosaki took to X to issue another warning about the possible ‘death of the US dollar,’ directly linking the gloomy outcome to the ongoing conflict between the U.S. and Iran.
Specifically, the writer of ‘Rich Dad Poor Dad,’ noted that the Islamic Republic has started accepting payments in Chinese yuan for its oil, while wondering about the ramifications for the American currency.
Additionally, Kiyosaki pointed toward a recent episode of Ray Dalio’s podcast in which the billionaire investor speculates that Tehran’s decision represents an important milestone in the degradation of the ‘petrodollar.’
Why Ray Dalio warned of a possible ‘death of the USD dollar’
In a nutshell, Dalio explained that the system of denominating and trading oil exclusively in USD served as an important guarantee that demand for the currency would be widespread and consistent, thus preserving its value.
Without the system negotiated between Washington and the Saudi Arabian royal family, the billionaire argues, Washington will be hard-pressed to take on debt, leading to mounting interest rates and more printing.
Notably, the 30-year treasuries’ yield recently soared above 5% and to highs not seen since the lead-up to the Great Recession.
Robert Kiyosaki’s top assets to thrive during the ‘death of the US dollar’
Elsewhere, while Robert Kiyosaki implicitly endorsed Ray Dalio’s investment recommendations for 2026, the famous writer is well known for his own basket of favored assets.
Specifically, the ‘Rich Dad’ author spent more than a decade urging his followers against holding ‘fake money’ – USD – while emphasizing the benefits of owning ‘God’s money’ – Gold – and ‘people’s money’ – Bitcoin (BTC).
More recently, Kiyosaki has also become increasingly vocal about the value of Silver and even offered some insights into how high he believes the commodity could go.
Indeed, in a separate X post published late on May 22, he not only warned that a crash is imminent, but also estimated that the argent metal is set for a climb to $200: a 160% rally from its May 25, press time price of $77. However, Robert Kiyosaki provided no specific timetable for when he believes silver will reach the forecasted value.
Where Dalio and Kiyosaki overlap and diverge in their top investments
Notably, there is significant overlap between the recommendations provided by Ray Dalio and ‘Rich Dad’ author’s own favored assets.
For example, both believe that gold is a particularly strong investment and that it should, ideally, be paired with cash-generating businesses.
In his podcast, Dalio described investing in companies involved with commodities – whether they be fuel, precious metals, or food – as a savvy move, while Kiyosaki is known for his Wagyu beef investments.
Elsewhere, there is some divergence between the two, with Ray Dalio making no mention of cryptocurrencies in his latest episode – Robert Kiyosaki is known to be bullish on Bitcoin, Ethereum (ETH), and used to be positive toward Solana (SOL) – while the ‘Rich Dad’ writer makes little mention of stocks.
The other billionaire, for his part, recommended trading a varied basket of international equity as a hedge against the USD losing its status as the world’s reserve currency.
Featured image via Cavaleria Com YouTube
