Robert Kiyosaki, author of "Rich Dad Poor Dad," warned that a massive global financial market crash is materializing and urged investors to purchase tangible assets.
"I'm afraid the biggest stock market crash in history that I warned about in my 2013 book 'Rich Dad's Prophecy' seems to be starting now in 2026," Kiyosaki posted on social media on Friday.
He argued this crisis will be far more destructive than 2008 because the root causes of the Global Financial Crisis were never resolved but merely papered over with massive debt. "I appeared on CNN days before Lehman Brothers collapsed and predicted it exactly," he said, emphasizing his current warning is not mere fearmongering.
Kiyosaki sharply criticized BlackRock's private credit structure, comparing it to a "Ponzi scheme"—a fraud that pays existing investors with new investors' money.
He warned that if BlackRock fails, retirement funds of baby boomers worldwide could vanish instantly. BlackRock restricted redemptions from a major private credit fund on Sunday amid growing concerns over the $1.8 trillion private credit market. BlackRock shares plunged 8.3% intraday on the New York Stock Exchange the same day.
As a hedge against the crisis, Kiyosaki recommended tangible assets including gold, silver, Bitcoin, Ethereum, and oil well partnerships. He highlighted silver in particular.
"Anyone can still buy junk silver—old physical silver coins—for $10," he said. "If you don't have money, skip a meal and use that $10 to buy silver."
Such practice goes beyond simple investment and serves as a starting point for financial education on understanding real economic flows, he added.
Kiyosaki has repeatedly warned of economic collapse and emphasized tangible assets. Citing dollar depreciation and surging U.S. national debt, he has consistently recommended gold, silver, and Bitcoin. He has called Bitcoin "the only currency the government cannot control."
However, his predictions have not always proven accurate, drawing criticism from some quarters as excessive doomsaying.
