Robert Kiyosaki Sees Market Plunge as a 'Fire Sale,' Positions Cash for Gold, Bitcoin, and Silver
Renowned investor and Rich Dad, Poor Dad author Robert Kiyosaki is viewing the recent dramatic sell-off in precious metals and cryptocurrencies not with alarm, but with anticipation. In a statement that cut against prevailing market anxiety, Kiyosaki framed the plunge as a "market-wide sale" and confirmed he is holding cash ready to deploy into gold, silver, and Bitcoin.
"When prices crash, the weak hands panic and sell. That's when the strong capital moves in to accumulate," Kiyosaki said, drawing a parallel to consumers rushing to a retail clearance event. He suggested the assets have already "gone on sale" and that further buying will follow once prices stabilize.
The downturn has been severe, particularly in traditional commodities. Silver prices plummeted over 40% in a two-day span, one of its steepest short-term declines in recent memory, triggering a broader rout across the sector.
Market analysts offered a more cautious outlook. Michael van de Poppe observed that while Bitcoin initially absorbed the shock over the weekend, its momentum stalled as commodities bore the brunt of the selling. "Historically, crypto follows commodities lower during corrections," van de Poppe noted. "A sustained rally typically only begins after commodities establish a clear bottom."
On-chain data provided a sobering perspective. A CryptoQuant analyst highlighted that Bitcoin's 'Supply in Loss' metric has surged to approximately 44%, a level more commonly associated with the onset of bear markets than with healthy pullbacks. Concurrently, the 'Supply in Profit' is declining even as Bitcoin trades above its realized price—a combination that in past cycles has signaled an early bear phase rather than a reset for a new bull run.
"Past market bottoms formed only after 'Supply in Loss' expanded further," the analyst stated, suggesting the current corrective process may not yet be complete.
Adding to the long-term concerns, analyst Ran Neuner argued that Bitcoin has been in a bear market since last October. Basing his analysis on the four-year cycle, Neuner projected a potential bottom forming around October 2026, with the 200-week moving average near $57,000 as a classic bear market target. A less severe scenario, he said, could see Bitcoin finding support near the previous cycle's high of $69,000.
Sarah Chen, Portfolio Manager (New York): "Kiyosaki's contrarian stance is classic. While risky, buying during extreme fear has built fortunes. The key is differentiating between a discount and a value trap. The on-chain data can't be ignored."
Marcus Johnson, Independent Trader (London): "This feels like hopium. Calling a crash a 'sale' while multiple metrics flash red is irresponsible. Retail investors following this advice could get slaughtered if this is indeed the start of a prolonged bear market."
David Park, Financial Advisor (Singapore): "The divergence in views is stark. It underscores the importance of a balanced portfolio and risk management. For long-term holders, dollar-cost averaging during volatility might be a more prudent strategy than timing a bottom."
Adapted from original reporting by Parth Dubey at Coinspeaker.com.