Kiyosaki's​‍​‌‍​‍‌​‍​‌‍​‍‌ double down on 'biggest bubble in history' stirring investors debate, predicting a remarkable price increase of gold, silver, and cryptocurrencies post a crisis.

Market movements have been massively influenced by new provocative predictions made by the famous author and investor Robert Kiyosaki. He has recently highlighted the “biggest bubble” in history and its imminent bursting as the key reason for these statements. 

This is subscribed to at a time when world markets are struggling with tensions in the Middle East, rising prices of commodities, and uncertainties of the decisions of central banks.

BIGGEST BUBBLE BUST 

The largest bubbles in history will be popped by a pin-event that I do not know. Whatever the event, the pin is near. It’s not IF. It’s WHEN,” he said.

Besides being the author of Rich Dad Poor Dad, a bestseller for a long time, Kiyosaki has recognized himself as a great supporter of using gold and Bitcoin as alternatives to fiat currency and thus has warned many times against the effects of excessive money printing and growth driven by debt. He has reemphasized his concern about markets being a bubble in his recent commentary

On top of that, Kiyosaki predicted unbelievably high prices for gold, silver, and cryptocurrencies in the case of a global financial crisis (GFC).

Making the case that asset prices would reach new heights after a crash, he gave some of the most aggressive price point projections to date. He mentioned that gold could go as high as $35,000/oz, silver could go up to $200, Bitcoin may reach $750,000, and Ethereum could hit $95,000 — all within a year after the next financial meltdown.

He even made bold calls with specifying gold and silver prices at $35,000 and $200 per ounce, respectively, a year after the crash. Bitcoin, at the same time, reaching $750,000 will be, and Ethereum will be $95,000, according to his prediction. While holding forth on it, he also questioned investors about their expectations for prices after the next ​‍​‌‍​‍‌​‍​‌‍​‍‌GFC,

Kiyosaki​‍​‌‍​‍‌​‍​‌‍​‍‌ has always believed that to protect themselves from inflation, currency devaluation, and financial system risks, investors should own physical assets and decentralized currencies. In fact, his recent warning is just another proof of his faith that conventional financial systems are still prone to major disruptions. 

Schiff Predicts a Silver Rally and a Mining Stocks Opportunity

On the other hand, Peter Schiff, a popular economist, market commentator, and critic of fiat currencies for many years, shared his thoughts on the market, mainly the recent price movement of silver and the whole precious metals sector.

Silver has just made a significant breakout, and potentially the next very strong move could happen at any time. If you have been hesitating for a ‘better entry’, then know that quite often the market simply doesn’t give you one, Schiff told.

Moreover, he pointed out the opposite in the mining stocks trend, mentioning that gold and silver mining indices such as GDX and GDXJ have dropped significantly, about 25% from their recent highs. On a simple level, this means that they are already in bear-market territory but Schiff implied that some investors might view this as a buying opportunity since their year-to-date gains are still ​‍​‌‍​‍‌​‍​‌‍​‍‌positive.

Market​‍​‌‍​‍‌​‍​‌‍​‍‌ Reaction and Investor Caution 

After Robert Kiyosaki and Peter Schiff made very optimistic speeches, some investors decided to limit their exposure to their companies by buying gold or silver in case the crisis happens. However, other people think that these prices are too high and probably won't happen unless we have a very deep crisis. 

According to analysts, big economic things, like what will happen with interest rates and inflation, as well as whether or not there will be political conflicts, will be the main factors in whether or not these predictions come true. On top of that, the prices of Bitcoin and Ethereum are mainly driven by the rules coming from regulators and how investors feel, which makes their future very uncertain.

However, when it comes to precious metals, their markets are still impacted by how unstable the world is. During troubled times, gold and silver have always been the go-to assets that everyone turns to for safety. But at the same time, their prices can fluctuate significantly in a very short period of time. Hence, a financial adviser may generally recommend a well-rounded strategy as opposed to just buying on the news. 

Conclusion

The idea behind Kiyosaki's warnings about a possible "biggest bubble bust" is essentially a scenario where global things are going wrong, huge levels of debt, and what the governments are doing with money could lead to very serious problems for markets. His estimates of very high prices for gold, silver, and cryptocurrencies are basically mirroring a wider sentiment that, during very stressful times, non-traditional investments or assets may be seen as a better choice than regular ones.

Nevertheless, while such forecasting may spark intense discussions and pull investors' eyes on them, it is best to keep the door slightly open for other possibilities. The truth is that there are so many factors and forces shaping the markets that make it impossible to have 100% certainty on any prediction.

Therefore, for an investor, it is not only about the chances of a big one coming, but that you are always getting ready, spreading your money around in different places, and making smart choices based on knowledge, as the economy is not always ​‍​‌‍​‍‌​‍​‌‍​‍‌clear.