Robert Kiyosaki, author of Rich Dad Poor Dad, says the largest stock and bond market crash in history has begun and is spreading worldwide from Europe and Japan. He linked the warning to forecasts in his 2002 book and cited artificial-intelligence speculation, tensions involving Iran, record global debt and Baby Boomer retirements as simultaneous pressures on markets and pension systems. Kiyosaki specifically warned people over 40 with retirement accounts, including 401(k)s and IRAs. He advises rejecting cash savings in favor of income-producing real estate, oil wells, gold, silver and Bitcoin, which he presents as protection against inflationary monetary expansion. Kiyosaki compared the period with the Great Depression, which he said lasted from 1929 to 1954, and argued that prepared investors could turn a crisis into an opportunity. His 2026 price targets of $250,000 for Bitcoin, $27,000 for gold and $200 for silver have not materialized so far this year, while commentators have questioned his repeated crash warnings dating to 2020, 2022 and 2025. Kiyosaki says the broader message is financial education rather than precise market timing.