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The Economic Times
The Economic Times
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'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...

Rich Dad Poor Dad author Robert Kiyosaki is once again making headlines after posting a dramatic warning about the future of the global economy — and this time, his comments are arriving when gold and silver prices are rising in India following import tariff rate hike.

In a post shared on X, Kiyosaki said: “The best investors can see the future.” He revealed that he started buying silver back in 1965 when it “cost pennies” and claimed that in 2026, silver has become one of the best investments he owns.

Then he added: “In 2026 the global economy is about to crash. That’s good news for those that can see the future. Bad news for the blind.”

The timing of the post could not have been more dramatic.

Just days later, India announced a massive increase in import duty on gold and silver, pushing total customs duty from 6% to 15% amid rising pressure on the country’s foreign exchange reserves and the ongoing West Asia crisis.

Why did India suddenly increase gold and silver import duty?

The Indian government says the move is aimed at reducing “non-essential imports” and protecting forex reserves during a period of global uncertainty.

India imports a huge amount of gold every year, and with crude oil prices rising due to tensions in West Asia, the government wants to reduce pressure on foreign exchange spending.

The duty hike came shortly after Prime Minister Narendra Modi urged citizens to cut avoidable expenses such as excess fuel use, foreign travel, and even gold purchases.

The impact was immediate.

Gold and silver prices shot up sharply on the Multi Commodity Exchange (MCX), while gold and silver ETFs rallied as much as 15%.

Is silver becoming the new favourite investment in 2026?

Kiyosaki clearly thinks so.

For years, the financial author has repeatedly promoted assets like gold, silver, and Bitcoin, often warning followers about inflation, debt crises, and currency weakness.

Now, with silver prices rising and governments globally struggling with inflation and geopolitical tensions, many retail investors are revisiting precious metals again.

In India, silver futures jumped over 6% in a single session after the duty hike announcement.

Silver ETFs also surged, with some funds gaining close to 10%.

That does not automatically mean silver is risk-free — experts still warn that precious metals can remain volatile — but the renewed interest is impossible to ignore.

What is Robert Kiyosaki predicting now?

Kiyosaki’s central argument is simple: major economic disruption is coming, and traditional savers may suffer if they are not prepared.

He believes hard assets such as gold and silver become more valuable during periods of economic instability, inflation, or weakening currencies.

His recent post asks followers two direct questions:

  • “What do you see happening in the future?”
  • “What can you invest in to profit in the future?”

Are gold and silver prices expected to rise further?

That depends heavily on global events.

Precious metals could remain volatile as investors react to:

  • The West Asia conflict
  • Rising crude oil prices
  • Inflation concerns
  • Currency weakness
  • Central bank decisions
  • Global recession fears

India’s import duty increase could also make jewellery significantly more expensive for consumers.

Industry leaders have already warned that higher duties may encourage smuggling and push buyers toward lighter jewellery purchases.

Meanwhile, the Indian rupee recently hit a record low against the US dollar, adding to broader economic concerns.

(With agency inputs)

(Disclaimer: This article is for informational and educational purposes only. It is not intended to be, nor should it be considered as, financial, investment, tax, or legal advice. The content provided does not constitute a recommendation to buy, sell, or hold any securities or financial products. Readers are advised to consult with a qualified financial advisor or professional before making any investment or financial decisions.)

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