'Rich Dad Poor Dad' author Robert Kiyosaki expects a market crash and economic crisis — and plans to buy gold, bitcoin, and real estate when prices tumble



Robert Kiyosaki.

The Rich Dad Channel is on the internet.

Robert Kiyosaki warned investors to be prepared for a market crash and a painful economic downturn, and then signaled he's planning to scoop up several assets once prices plunge.

The author of "Rich Dad Poor Dad" saidCrash and Depression coming. Real estate will crash too.

He said he was ready to buy more gold, silver, and other items after the crash. "Be aware." Take care.

The personal-finance guru's latest warning should be treated with skepticism because he has been saying about an impending crash for more than a year. He frames the next sell-off as a buying opportunity and admits that he intends to take advantage of it.

The founder of Rich Global and Rich Dad Company said in June that the best time to get rich is during a crash. The next crash will be long.

Unlike Michael Burry of "The Big Short" fame, who took a knife to his stock portfolio last quarter in anticipation of a market crash, Kiyosaki appears to be snapping up assets even at current prices.

He said last month that he was buying more gold, silver, and other metals. What are you buying?

The current market is about to burst and high-profile commentators such as Kiyosaki, Burry, and Jeremy Grantham are warning of the danger. The speculative frenzy won't last according to billionaires including Leon Cooperman, Stanley Druckenmiller, and Charlie Munger.

The guru of markets, Marko Kolanovic, has 20 ideas for investors to maximize their returns.

Business Insider has an original article.