JAKARTA – Robert Kiyosaki, author of the legendary personal finance book Rich Dad Poor Dad, has warned that a financial collapse will unfold throughout this summer.

“Don’t say I didn’t warn anyone,” Kiyosaki wrote on his X account, @theRealKiyosaki, on Monday (2/6).

He added, “As I predicted in my book Rich Dad’s Prophecy (2013), the greatest crash in history is coming.”

Kiyosaki expressed concern that the time of that collapse is now, and that it will continue throughout this summer.

“Unfortunately, millions of people—especially my generation, the Baby Boomers—will be wiped out when the stock and bond markets crash.”

The good news, according to Kiyosaki, is that millions of proactive individuals could become very wealthy. “I want you (the reader) to be one of those who become extremely rich,” he said.

Throughout this summer, he continued, as the stock, bond, and property markets collapse, billions of dollars will flow into gold, silver, and Bitcoin.

According to Kiyosaki, the best opportunity at the moment is silver, and he predicted its price could triple this year.

“At USD 35 per ounce, silver is still 60% below its all-time high. Meanwhile, gold and Bitcoin are already at or near record highs.”

As quoted by Binance, Kiyosaki also warned investors not to be lured by ETFs (Exchange Traded Funds), which he described as “fake assets created by Wall Street.”

“We are facing a major transition in the global financial system,” Kiyosaki wrote. (EF/ZH)