'Rich Dad Poor Dad' Author Robert Kiyosaki Warns Against Buying Bitcoin, Gold, Silver On Hype: 'There Is Nothing Safe….from Stupidity'

Robert Kiyosaki cautioned investors against buying Bitcoin, gold and silver “on hype,” urging due diligence and monitoring cash flows. While still a longtime advocate of precious metals and crypto, he warned that buying based on emotion can be costly. The article notes broader market flows — foreign holdings of U.S. Treasuries fell in March led by Japan and China, and China bought 8 tonnes of gold in April (largest monthly purchase since Dec 2024) — suggesting some capital rotation into precious metals. The piece highlights Kiyosaki’s missed Bitcoin forecasts (he had predicted $100,000 in June 2024 and $350,000 by Aug 2024) and frames his comments as cautionary market commentary rather than new price guidance. Market impact: the story reinforces caution around hype-driven inflows into crypto and metals and points to geopolitical/sovereign buying supporting gold demand, which can influence safe-haven and crypto positioning.