Rich Dad Poor Dad author Robert Kiyosaki repeats call to buy gold, silver, bitcoin; warns of imminent crash
ADVERTISEMENT In his latest post on social media platform X (formerly Twitter), Kiyosaki reiterated his long-standing criticism of central banks and warned that the world is headed towards a major financial collapse.
Urging his followers to avoid fiat currency, he added: 'Stop saving FAKE $' and advised: 'Start saving real gold, silver, Bitcoin.'
In his post, Kiyosaki referred to his well-known principle, stating: 'RICH DADs RULE: 'Savers are Losers.''He argued that every time the US Federal Reserve encounters a financial crisis, its response is to "PRINT fake $", citing historical instances such as the 1987 Market Crash, 1998 LTCM collapse, 2019 Repo Market seizure, COVID-19 pandemic, and the Silicon Valley Bank crash as evidence of the central bank's repeated monetary expansion.
blockquote class="twitter-tweet"p lang="en" dir="ltr"RICH DADs RULE: 'Savers are Losers.'br/br/Q: What does the Fed do when they F.U?br/br/A: 1987 Market Crash? PRINT fake $br/1998 LTCM collapse? PRINT fake $br/2019 Repo Market seizure? PRINTbr/COVID-19 Pandemic? PRINT fake $br/SILICON VALLEY BANK crash PRINTbr/br/It's not a new crisis….its the…/p— Robert Kiyosaki (@theRealKiyosaki) a href="https://twitter.com/theRealKiyosaki/status/1947350316468601246?ref_src=twsrc%5Etfw"July 21, 2025/a/blockquote script async src="https://platform.twitter.com/widgets.js" charset="utf-8"/script
ADVERTISEMENT 'It's not a new crisis.... It's the same crisis getting bigger,' Kiyosaki wrote, underscoring his view that systemic issues in the financial system are compounding over time.In the same post, Kiyosaki called on investors to protect their wealth, warning that 'America is the biggest debtor nation in history... because of the FED.' He concluded his message with his earlier prediction: 'The Biggest Crash in history is coming….soon.'
ADVERTISEMENT Kiyosaki has been consistently vocal in recommending precious metals and cryptocurrencies as a hedge against what he perceives as unsustainable monetary policies by the Federal Reserve.In an earlier post on X, Kiyosaki had also forecasted that silver prices could double from current levels, reinforcing his bullish stance on the metal. He asserted that silver was still significantly undervalued and that investors should consider adding it to their portfolios.
ADVERTISEMENT This latest warning from the finance author adds to his series of public statements over recent months, where he has expressed concerns about the stability of the US economy, the rising debt levels, and the potential devaluation of fiat currency due to what he terms 'money printing'.Kiyosaki's message to investors remains consistent: avoid storing wealth in cash, which he calls "fake money", and focus instead on acquiring tangible assets like gold, silver, and Bitcoin as a means of wealth preservation.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
ADVERTISEMENT
(You can now subscribe to our ETMarkets WhatsApp channel)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
an hour ago
- Economic Times
XRP sinks 2% again as SEC delays Bitwise crypto ETF — is the dip a red flag or a golden buy signal? Here's the 2025 XRP price prediction you need to see
XRP slipped 1.99% on Tuesday to $3.44, marking its second straight daily decline amid rising investor anxiety over the SEC's decision to delay Bitwise's crypto ETF conversion. The token is now down more than 7% from its recent high of $3.71, erasing a chunk of its July gains. Despite the pullback, analysts remain divided: some see the dip as a short-term shakeout before a rebound toward $4.50, while others warn it could trigger deeper consolidation if ETF approvals continue to stall. XRP price prediction and ETF news: SEC delays Bitwise crypto ETF — XRP is once again in the spotlight as new developments shake up the crypto ETF landscape. The SEC's sudden decision to halt Bitwise's spot crypto ETF conversion is sending waves across the market—impacting not only XRP but also Bitcoin, Solana, and other major altcoins. So, what's happening with XRP right now? And how could the delayed ETF approval change the game for crypto investors in 2025? As of now, XRP is trading around $3.44, marking a slight dip from its recent highs. Despite the short-term pullback, XRP remains up over 220% year-to-date, largely fueled by favorable legal clarity and growing institutional interest. Current price : $3.44 : $3.44 7-day range : $3.42 – $3.65 : $3.42 – $3.65 YTD gain : Over 220% : Over 220% Market cap: ~$185 billion XRP recently broke out of a bullish flag pattern, signaling potential for more upside. Some analysts see a short-term dip to $3.40 as healthy consolidation before a possible rebound toward $4.00 or even $4.50 by Q4 2025. The U.S. Securities and Exchange Commission (SEC) has temporarily blocked the conversion of Bitwise's 10 Crypto Index Fund into a spot ETF, just hours after approving it. The move has sparked renewed uncertainty around altcoin-based ETFs—particularly those including XRP, Solana, and Cardano. This comes at a time when investors are closely watching XRP ETF developments and the broader outlook for crypto ETFs in 2025. The SEC initially approved Bitwise's plan to convert its popular Bitwise 10 Crypto Index Fund (BITW) into a spot-based exchange-traded fund (ETF) on July 22, 2025. This ETF would have offered direct exposure to top cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, Cardano, Polygon, and within hours, Assistant Secretary Sherry R. Haywood invoked Rule 431, automatically staying the approval pending a full Commission review. The review halts trading of the ETF until the SEC makes a final stay reflects the SEC's growing caution toward ETFs that include altcoins beyond Bitcoin and Ethereum. Here's why this matters: XRP remains under regulatory scrutiny, with no full legal clarity following the SEC's ongoing case against Ripple. The Commission is working on a new framework for altcoin ETF regulation, especially those involving less liquid or more volatile tokens. Similar ETF conversions—like Grayscale's GDLC, which also includes XRP and SOL—have faced identical roadblocks. These concerns are focused on market manipulation, price volatility, and the lack of standardized oversight across crypto XRP remains a part of Bitwise's fund, this delay underscores the challenges facing spot XRP ETFs in the U.S. market. Here's where things stand: XRP comprises roughly 5% of the BITW index, making it a core altcoin in the ETF mix. The SEC has not approved any spot XRP ETF to date. However, futures-based XRP ETFs—including proposals from ProShares, Volatility Shares, and Tuttle Capital—are under SEC review this July. The REX-Osprey Spot XRP ETF decision is expected by July 25, 2025, which could mark a major turning point. According to Polymarket betting odds, there's an 85% chance an XRP ETF is approved by year-end, showing growing investor optimism. The SEC is likely stalling to establish stricter guidelines before allowing ETFs that hold assets beyond Bitcoin and Ethereum. XRP, Solana, and other altcoins may now face delays in getting dedicated spot ETFs. It signals caution around regulatory clarity, even for tokens like XRP that have resolved their SEC cases. While the Bitwise delay is a setback, XRP is still in a strong position compared to other altcoins. Ripple ended its legal battle with the SEC earlier in 2025, giving XRP a level of regulatory clarity few other tokens have. CME Group is launching XRP futures on May 19, 2025—a clear vote of confidence from traditional finance. on May 19, 2025—a clear vote of confidence from traditional finance. Ripple's global partnerships and cross-border payment integrations continue to grow. Analysts believe XRP's established legal status could fast-track its ETF approval once the SEC finalizes broader crypto rules. Still, a dedicated XRP ETF may not arrive until late 2025 or early 2026, depending on how the SEC navigates broader altcoin regulation. Analysts remain bullish on XRP despite short-term regulatory hiccups. $4.00 – $4.50 by year-end, based on technical patterns and current institutional growth. $5.50 – $6.00 if ETF momentum returns and Bitcoin reclaims $100,000+. Some crypto influencers are predicting $10+ XRP by early 2026, assuming mass ETF adoption and mainstream utility expansion. Peter Brandt, a veteran chartist, recently pointed out a setup that could lead to a 60% rally, pushing XRP past $4.50 in the coming months. The Bitwise ETF pause is more than just an XRP story—it's a signal to the broader crypto market. Spot BTC ETFs are already live and thriving. The Bitwise delay doesn't impact existing Bitcoin products but shows that new ETF approvals are under stricter review. Ethereum ETFs are still under review, but are seen as the next likely candidates to be approved given institutional demand. These tokens now face longer waiting periods for ETF access. The lack of legal clarity (unlike XRP) could push approval timelines into 2026 or beyond. With the crypto market maturing, the SEC is clearly taking a cautious approach toward altcoin ETF approvals. XRP's advantage lies in its legal clarity and growing futures market presence. XRP remains fundamentally strong , even with temporary ETF delays. , even with temporary ETF delays. The price may consolidate between $3.40–$3.65 before the next breakout. before the next breakout. ETF approval delays are a hurdle—but not a roadblock—for XRP's long-term growth. Bitcoin and Ethereum are still the go-to assets for ETF investors—for now. Absolutely—but with a long-term view. If you're looking for a crypto with: Legal clarity Institutional growth Real-world use cases Upcoming futures launch Then XRP deserves a spot on your radar. While ETF headlines might create short-term volatility, the fundamentals remain strong—and if XRP does get its own ETF approval by the end of 2025, it could be one of the biggest altcoin breakout stories of the year. ETF Product Type Decision Deadline Status Bitwise 10 Crypto Index Fund Spot (multi-asset) TBD Approval stayed under Rule 431 ProShares Ultra XRP ETF Futures Mid-July 2025 Awaiting decision Tuttle XRP 2x ETF Futures Late July 2025 Under SEC review Volatility Shares XRP ETF Futures Late July 2025 Pending REX-Osprey Spot XRP ETF Spot July 25, 2025 Highly anticipated Bitwise Spot XRP ETF Spot October 2025 Long-term decision This regulatory pause reinforces the SEC's cautious stance toward altcoins in ETFs and signals that Bitcoin-only ETFs will likely dominate until new rules are established. For XRP holders, this means: Spot ETF approval remains uncertain in 2025 despite growing demand. Futures ETFs are more likely to gain early approval, offering short-term exposure for institutional and retail traders. The SEC's upcoming decisions on REX-Osprey and Bitwise XRP ETFs could set critical precedents for the future of altcoin ETFs. The SEC's halt on Bitwise's crypto ETF conversion highlights the regulatory roadblocks still facing altcoin exposure, particularly for XRP. While futures-based XRP ETFs may be approved soon, spot XRP ETFs are on hold pending legal clarity and formal rules from the Commission. As crypto markets await these landmark rulings, investors should stay updated on SEC actions and ETF developments through late July and early October. Q1. Why did the SEC halt Bitwise's ETF? The SEC paused it under Rule 431 for further review due to concerns over XRP and other altcoins in the fund. Q2. Will XRP ETFs still launch in 2025? Futures-based XRP ETFs may launch soon, but spot XRP ETFs like REX-Osprey face delays and pending approval.


Economic Times
an hour ago
- Economic Times
Cryptocurrency Live News & Updates : BNB Falls Below 760 USDT Amid Market Decline
24 Jul 2025 | 02:15:13 AM IST As of July 23, 2025, BNB has dipped below 760 USDT, currently trading at 757.81 USDT, reflecting a 2.38% decrease over the past 24 hours. In recent cryptocurrency news, BNB has experienced a decline, trading at 757.81 USDT, marking a 2.38% drop. Meanwhile, the White House is set to release a pivotal crypto policy report on July 30, which could reshape the regulatory landscape for digital assets in the U.S. This report may propose a Bitcoin reserve and enhanced access to the Federal Reserve's payment systems for crypto firms, aiming to clarify the industry's ambiguous regulatory environment. Additionally, Quid Miner has launched a mobile cloud mining app, simplifying the process of earning passive income from cryptocurrencies like Bitcoin and Dogecoin. On the institutional front, has partnered with Fireblocks to tokenize $10 billion in real estate, making high-value properties accessible to a broader audience. Lastly, World Liberty Financial has teamed up with Vaulta to integrate its USD1 stablecoin into Web3 banking, aiming to provide compliant on-chain dollar transactions. These developments highlight the dynamic shifts occurring in the cryptocurrency landscape, from regulatory advancements to innovative financial solutions. Show more


Time of India
3 hours ago
- Time of India
Govt issues notices to inactive mine leaseholders in Bundi
Jaipur: The state govt has launched a drive against mines lying inactive for a long time in Bundi district, targeting leaseholders who failed to commence mineral production despite holding valid leases. Acting on official directives, the department of mines identified 159 such leaseholders. In the first phase of enforcement, notices are being issued to 121 of them. According to a senior mining official, the highest concentration of dormant mines is in Dabi and Baran regions. "Of the 433 mines in the district, operations in 149 remained suspended for a considerable time. Among these, 121 leaseholders continue to pay lease rent and royalty without initiating production, prompting the department to serve formal notices," the official said. Authorities have cautioned that if mining activities are not resumed following the notices, the leases may be subject to cancellation. However, the govt's move has sparked opposition from mine operators. They argued that despite regular payment of royalty and dead rent, they are now facing punitive action. They attribute the prolonged inactivity to factors beyond their control, including the economic slump post-Covid and a significant drop in exports due to the Russia–Ukraine conflict. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like IQ Worldwide - Test your Intelligence, know your IQ Score Try Now Undo Ashok Kumar Jain, secretary of the Bundi Sandstone Owners Development Committee, alleged that the new policy appears to be an attempt to harass mine operators. "There was no such rule earlier. Leaseholders paused operations as mineral rates were not viable. They were waiting for the right time to resume work. The govt should acknowledge current industry challenges and grant at least a year's grace period to restart operations," he said. Other leaseholders echoed similar concerns, maintaining that they have not engaged in any illegal activity and have consistently contributed to the state's revenue. They urged the govt to consider relief measures based on earlier regulations. A leaseholder also highlighted inconsistencies in enforcement, stating, "In Bhilwara district, just 2 km from Bundi, overloading is permitted, while in Bundi, strict restrictions are in place. Many operators transport material from Bhilwara using transit permits, giving the impression that no production is occurring in Bundi. These discrepancies must be addressed."