Robert Kiyosaki, author of 'Rich Dad Poor Dad.' Kiyosaki X Capture

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Robert Kiyosaki, author of the global bestseller 'Rich Dad Poor Dad,' has warned that a major crash in the global financial markets is becoming a reality and urged people to purchase tangible assets. In particular, he emphasized the importance of silver, stating, "Buy silver, even if it's just ten dollars' worth, right now."

On March 9 (local time), Kiyosaki posted on his X (formerly Twitter) account, "In my 2013 book 'Rich Dad's Prophecy,' I warned that the largest stock market crash in history had not yet occurred, but I am afraid that this year seems to be the time I was referring to back then."

He predicted that the current crash would be much more destructive than the 2008 global financial crisis, because the fundamental causes of the 2008 crisis were never resolved and the crisis has been papered over with massive debt. He went on to emphasize that his prediction is not simply fear-mongering, stating, "I appeared on CNN just a few days before the collapse of Lehman Brothers in 2008 and accurately predicted this."

Kiyosaki said, "In my 2013 book 'Rich Dad's Prophecy,' I warned that the largest stock market crash in history had not yet occurred, but it seems that this year is the time I mentioned back then, so I am fearful." The Asia Business Daily DB

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In particular, he likened the private credit structure of BlackRock, the world's largest asset manager, to a "Ponzi scheme." He warned that if BlackRock were to go bankrupt, retirement funds for baby boomers around the world would vanish in an instant. A Ponzi scheme is a type of financial fraud in which returns to existing investors are paid with funds from new investors.

Kiyosaki proposed investment in tangible assets as a solution to overcoming crises. He listed key assets that investors should secure as gold, silver, bitcoin, and ethereum.

He placed particular emphasis on the importance of silver. Kiyosaki advised, "With just ten dollars, anyone can buy 'junk silver' (old physical silver coins)," and added, "If you have no money, skip a meal if you have to, save up that ten dollars (about 15,000 won), and buy silver." He went on to say that such action is not simply an investment, but rather the starting point of financial education, as it helps people understand the flow of the real economy.

Kiyosaki suggested investing in tangible assets as a solution to overcoming crises. In particular, he emphasized the importance of silver. Photo by The Asia Business Daily Database

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Kiyosaki has repeatedly warned of economic collapse in the past and has consistently emphasized tangible assets. Citing the decline in the value of the dollar and the sharp increase in U.S. national debt, he has recommended gold, silver, and bitcoin over and over again, and has particularly claimed that bitcoin is "the only currency that the government cannot control."

In April last year, he stated, "The value of stocks, bonds, and the dollar will all collapse," and argued, "Only those who take action and get real gold, silver, and bitcoin in their hands will be able to escape this planned disaster. The only chance to achieve financial independence and break free from central bank control is now."