Kiyosaki cautions that the dollar may lose its position as the primary reserve currency, which would have dire repercussions for US savers. He contrasts the possible result with previous incidents involving former reserve currencies, such the British pound.
Investor and author Robert Kiyosaki has once again reiterated his long-awaited position on the US dollar's dismal future, claiming that the BRICS countries' increasing reliance on non-dollar commerce might make the US dollar a failing reserve currency.
The author of Rich Dad Poor Dad had expressed a similar opinion back in the first week of December. "Goodbye to the US dollar! Remain alert, keep awake, and remain vigilant. Avoid being a loser. "I predict that the biggest losers will be US dollar savers," Kiyosaki wrote on X.
This time, Kiyosaki used historical geopolitical events to demonstrate how the US dollar's hegemony in the world oil market has been maintained. He mentioned Libya's 2009 proposal for an African currency backed by gold and Iraq's 2000 decision to price oil in euros, both of which were subsequently followed by military interventions.
Saddam Hussein declared in 2000 that Iraq will sell its oil in euros rather than US currency. The US invaded Iraq three years later. There were never any WMDs discovered. However, the price of Iraqi oil gradually returned to dollars. Then it occurred once again. Muammar Gaddafi suggested an African currency backed by gold in 2009. African countries might have purchased oil using the gold dinar instead of dollars. NATO intervened in Libya in 2011. Gaddafi was slain. The gold dinar vanished. On December 30, Kiyoaki wrote on Facebook, "Libyan oil went back to dollars."
Kiyosaki claims that these instances demonstrate how crucial the "petrodollar" is to sustaining the demand for US dollars.
He went on to say that a nation that opposes the dollar system may be subject to military intervention, regime change, or economic penalties. But this pattern is probably about to change.
According to Kiyosaki, 50% of internal trade within the BRICS countries is done in local currencies, and China has developed infrastructure that is independent of the dollar. He cited Russia's claim that 90% of trade with China is conducted in yuan and rubles.
According to him, the military cannot uphold a system that dozens of nations are concurrently quitting.
The 11 nations that make up the BRICS nation are Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Indonesia, the United Arab Emirates, and Saudi Arabia.
Central banks around the world, not just in these nations, have increased their gold reserves in recent years as a symptom of the expanding de-dollarization movement.
According to an ANI story that quoted Goldman Sachs, "central bank gold buying to remain strong in 2026, averaging 70 tonnes per month," which is "4 times above the 17 tonnes pre-2022 monthly average."
China remained the world's top buyer of gold in 2025, with India also continuing to be a consistent buyer. Sugandha Sachdeva of SS WealthStreet claims that the BRICS countries currently retain a significant portion of official gold reserves and control almost half of the world's gold production.
"The BRICS countries currently have more than 6,000 tonnes of gold together, although the US still has the highest official gold reserves in the world. India has more than 800 tonnes in reserves, whereas China and Russia alone have more than 2,000 tonnes. At the production level, China and Russia remain among the world’s largest gold miners, giving the bloc growing influence over the physical supply chain," she wrote in an article on Mint earlier this week.
Driven by a fundamental de-dollarization trend as central banks diversify their holdings and reduce their exposure to the US dollar, central bank accumulation has quietly emerged as a major driver of gold's bull run.
In 2025, the US dollar declined in this context. According to a Reuters article, the US dollar index fell 9.4% in 2025—its largest decrease in eight years.
The dollar may no longer be considered a reserve currency.
Kiyosaki so cautions that the dollar may lose its position as the primary reserve currency, which would have dire repercussions for US savers.
He draws comparisons between the possible result and previous instances where former reserve currencies, like the British pound, lost their position as the world's leading currency and caused long-term drops in domestic savers' real wealth.
According to Kiyosaki, if the US dollar's hegemony is threatened, significant amounts of money kept abroad may return to the domestic economy, drastically increasing the money supply and reducing purchasing power.
"Throughout history, every population with a failing reserve currency has experienced this. "Most people will watch their wealth evaporate if they keep their savings in dollars," he said.
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