Robert Kiyosaki says cash crunch driving crash, stays bullish on Bitcoin, gold

Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, adding he’ll buy more BTC once the downturn ends.

Robert Kiyosaki, author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is not selling his Bitcoin or gold despite the sharp decline.

“The everything bubbles are bursting,” he said in a Saturday post, adding that the real reason markets are falling is a global cash shortage. “The cause of all markets crashing is the world is in need of cash,” he added.

Kiyosaki said he expects what he calls “The Big Print,” citing Lawrence Lepard’s thesis that governments will resort to massive money creation to cover mounting debt loads.

Read more