Rich Dad Poor Dad author Robert Kiyosaki has issued yet another grim warning to investors, predicting what he calls a “massive” market crash that could “wipe out millions”. He also listed a few assets he believes could help investors weather the downturn.

‘Millions will be wiped out’

“MASSIVE CRASH BEGININING,” Kiyosaki’s all-caps prediction-cum-warning on X (formerly Twitter) read. 

It followed up with, “Millions will be wiped out.”

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Kiyosaki went on to list commodities he thinks will help investors survive the crash. “Silver, gold, Bitcoin, Ethereum investors will protect you,” he added.

Last week, Kiyosaki went bullish on Ethereum, which was trading around $4,000 on October 25. He suggested that investors buying ETH at current levels could see returns similar to early Bitcoin adopters who purchased the cryptocurrency when it was priced around $4,000.

‘Biggest crash in world history’

This is not the first time the financial educator has sounded the alarm on an impending market collapse. On October 12, Kiyosaki reiterated his long-standing prediction, warning that the “biggest crash in world history”, which he had written about in his book, is likely to occur this year. He urged investors to focus on real assets since he believes that “savers are losers”. 

“For years, I have been saying save gold, silver, Bitcoin, and recently, Ethereum. Today, I believe silver and Ethereum are the best because they are stores of value…but more importantly….used in industry….and prices are low,” he posted on social media. 

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In early October, he said that “stocks and bonds are about to crash,” and pointed out the shift in Warren Buffett’s stance. 

Buffett, who has long dismissed precious metals like gold and silver as “useless” and “non-productive assets”, has endorsed them. 

“Even though Buffett s**t on gold and silver investors like me for years, his sickening endorsement of gold and silver must mean stocks and bonds are about to crash,” Kiyosaki posted, before stressing, “Might be time to listen to Buffet and buy some gold, silver, Bitcoin, and Ethereum.” 

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