Kiyosaki Slams Buffett: “Makes Me Want to Vomit” – Gold and Silver Praise Signals Market Crash

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Robert Kiyosaki, author of the bestseller Rich Dad, Poor Dad, has taken aim at legendary investor Warren Buffett. After decades of dismissing precious metals, Buffett has suddenly begun praising their role in portfolios. According to Kiyosaki, this is a clear signal that a collapse in stocks and bonds is near.

Buffett: From Gold Skeptic to Advocate Since the 1970s, Buffett has called gold “unproductive” and “not very useful.” Back in 2005, he said he would rather buy farmland in Nebraska or an apartment building than a bar of gold. In 2011, he told CNBC that gold was merely “a way to deal with fear” – its price rose when people panicked and fell when calm returned. Even when Berkshire Hathaway bought $565 million worth of Barrick Gold shares in 2020, it sold nearly all of them by year’s end, reinforcing Buffett’s long-standing criticism of gold. But today? Spot gold prices have surged to $3,872 per ounce, while December futures climbed to $3,901 – and Buffett, according to Kiyosaki, has shifted his tone.

Silver on a Tear Silver has seen an even more explosive move, rising to $47.27 per ounce, marking a 15.5% gain in the last month and a 48% increase year-on-year. Precious metals are once again attracting investors seeking protection from inflation and geopolitical risks.

Kiyosaki: “Buffett Sees the Crash Coming” On X, Kiyosaki wrote: “Makes me want to vomit: hearing Buffett praise gold and silver after mocking them for years. This means only one thing – stock and bond markets are about to crash. Are we facing a depression?” According to him, Buffett’s sudden “about-face” confirms that even the biggest names in finance are running for cover. Kiyosaki added that it’s time to own gold, silver, Bitcoin, and Ethereum.

Political Turmoil Pushes Investors Toward Safety The surge in precious metals has also been fueled by the looming threat of a U.S. government shutdown. The Senate failed to pass a funding bill, while President Donald Trump warned of massive cuts if no deal is reached. Nicholas Frappell, global head of institutional markets at ABC Refinery, explained: “Gold is benefiting from a weaker dollar, political risks tied to the U.S. government shutdown, and broader geopolitical uncertainty.” The shutdown could also delay the release of key macroeconomic data, including the non-farm payrolls report due Friday, adding further pressure to markets.

Summary: After decades of criticism, Buffett is now praising gold and silver. For Kiyosaki, this is a red flag: if even the Oracle of Omaha is running to precious metals, stocks and bonds could be on the verge of collapse.

#Robertkiyosaki , #WarrenBuffett , #GOLD , #Silver , #worldnews

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· 2025-10-01 22:07
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