Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once again issued a stark warning about what he believes is the start of a global financial collapse. His book has remained a best-seller for over two decades, translated into more than 50 languages worldwide, and continues to inspire millions to pursue financial education and independence.

Kiyosaki shared on social media platform X on Oct. 31:

Massive crash beginning: Millions will be wiped out. Protect yourself. Silver, gold, bitcoin, ethereum investors will protect you.

The renowned author’s warning aligns with his long-held belief that the global financial system is on shaky ground. He has repeatedly emphasized that traditional fiat currencies, particularly the U.S. dollar, are losing their purchasing power, urging people to seek safety in tangible and decentralized assets. His advice remains consistent: those who invest in gold, silver, and cryptocurrencies like bitcoin and ethereum will be better protected when markets collapse.

Just days earlier, on Oct. 28, Kiyosaki discussed emotional intelligence and the mindset of successful investors, sharing a personal example involving his Coinbase account. He said that when he showed a friend his Coinbase app, which showed several million dollars in bitcoin, the friend focused on recent losses of a few hundred thousand dollars instead of the total value. Kiyosaki said the exchange highlighted a key mindset difference: while his friend saw loss, he saw long-term opportunity.

The famous author wrote:

Today my app showed my friend I have millions in bitcoin… and I think bitcoin will double in price this year… Possibly a high of $200K.

Kiyosaki said the main difference between the rich, poor, and middle class is emotional intelligence, or EQ. He argued that fear of loss keeps many from building wealth, while the rich manage both fear and greed. EQ, he said, matters more than IQ in finance, noting that many educated people stay poor because they fear losing more than they seek success.

The Rich Dad Poor Dad author has consistently warned that a massive economic downturn is inevitable. He believes the era of blind faith in government money is ending and that those holding assets like bitcoin, gold, and silver will survive and thrive in the coming financial storm.

• What does Robert Kiyosaki predict about the global economy?
  He warns that a massive global financial collapse is beginning and that millions could be wiped out if they rely solely on fiat currencies.
• Which assets does Kiyosaki believe can protect investors?
  He advocates investing in bitcoin, ethereum, gold, and silver as safe havens against economic turmoil.
• Why does Kiyosaki believe fiat currencies are losing power?
  He argues that the U.S. dollar and other fiat currencies are rapidly losing purchasing power due to government mismanagement and inflation.
• How high does Kiyosaki think bitcoin could go?
  He believes bitcoin could potentially double and reach as high as $200,000 in the near term.

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