"Buy silver even if you have to go hungry"… 'Rich Dad' Kiyosaki warns of a massive stock market crash

Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad', has once again urged investors to buy silver, predicting the start of a major financial market meltdown.

In a post on X on the 10th, Kiyosaki said, "In my 2013 book 'Rich Dad's Prophecy', I warned that the biggest stock market crash in history was still ahead," adding, "In 2026, I'm afraid it looks like the crash I talked about back then is beginning."

Kiyosaki forecast that this year's financial crisis will be triggered by poor risk management in private credit run by BlackRock, a U.S. asset management firm. Private credit refers to loans made directly to companies by private funds or asset managers—rather than banks—using money raised from investors. He also argued that BlackRock's private credit resembles a Ponzi scheme.

"If BlackRock goes down, the shock will be enormous in an instant," Kiyosaki warned. "Because the world is suffering under massive debts it cannot repay, baby boomers' retirement funds will disappear worldwide."

To brace for a financial crisis, Kiyosaki advised increasing allocations to physical gold and silver—especially silver. "I like silver. Even in 2026, if you have just 10 dollars, you can go to a gold shop and buy 10 dollars' worth of real silver," he said.

He went on to recommend, "If you don't have 10 dollars, skip meals for a day," adding, "Skip one meal and invest 10 dollars in real silver coins. You'll be healthier and richer."

Jin Young-gi, Hankyung.com reporter young71@hankyung.com