R. Kiyosaki blasts Warren Buffett and urges to buy Bitcoin

TheBitTimesCom
BTC-0,35%
ETH0,14%

Robert Kiyosaki, financial influencer and entrepreneur, is warning of yet another market crash, with “depression ahead” to boot.

The author of Rich Dad Poor Dad urged his social media followers on Wednesday, October 1, to invest in Bitcoin (BTC), Ethereum (ETH), and precious metals, all while taking aim at Warren Buffett.

Rich Dad Poor DadA longtime advocate of hedging against market turmoil with gold and silver, Kiyosaki implied the Berkshire Hathaway chairman’s changing stance on the assets after years of criticism was hypocritical, prefacing his rant with a warning that feels like vomiting

“I WANT TO VOMIT: getting nauseus, listening to Buffet tout the virtues of gold and silver…. after he ridiculed gold and silver for years. That means the stock and bond market are about to crash. Depression ahead?” wrote the author.

“I WANT TO VOMIT: getting nauseus, listening to Buffet tout the virtues of gold and silver…. after he ridiculed gold and silver for years. That means the stock and bond market are about to crash. Depression ahead?” wrote the author.

“I WANT TO VOMIT: getting nauseus, listening to Buffet tout the virtues of gold and silver…. after he ridiculed gold and silver for years. That means the stock and bond market are about to crash. Depression ahead?”

I WANT TO VOMIT: getting nauseus, listening to Buffet tout the virtues of gold and silver…. after he ridiculed gold and silver for years. That means the stock and bond market are about to crash. Depression ahead?

Even though Buffet shit on gold and silver investors like me…

— Robert Kiyosaki (@theRealKiyosaki) October 1, 2025

I WANT TO VOMIT: getting nauseus, listening to Buffet tout the virtues of gold and silver…. after he ridiculed gold and silver for years. That means the stock and bond market are about to crash. Depression ahead?

Even though Buffet shit on gold and silver investors like me…

Bitcoin and gold going up

While Buffett had indeed long dismissed both crypto and gold as unproductive assets, Kiyosaki’s scope is primarily on the broader picture, as he believes Buffett’s change of heart hints at a potential disaster for more traditional investments, such as stocks and bonds.

“Even though Buffet shit on gold and silver investors like me for years, his sickening endorsement of gold and silver must mean stocks and bonds are about to crash,” the investor added.

“Even though Buffet shit on gold and silver investors like me for years, his sickening endorsement of gold and silver must mean stocks and bonds are about to crash,” the investor added.

*“Even though Buffet shit on gold and silver investors like me for years, his sickening endorsement of gold and silver must mean stocks and bonds are about to crash,”*As of press time, Bitcoin was trading at $119,340, up nearly 7% on the weekly chart. At the same time, gold was priced at $3,893 per ounce, having gained about 50% this year.

The uptick was likely due to the U.S. government shutdown, which delayed key economic data releases. For example, the September jobs report, originally scheduled for Friday, is now postponed.

As a result, many now expect additional Fed cuts this year, pressuring the dollar and adding momentum to gold and Bitcoin, with the $120,000 psychological mark now within reach.

Featured image via Shutterstock

Featured image via ShutterstockFeatured image via Shutterstock

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strive Buys 179 Bitcoin as Holdings Reach 13,311 BTC

Strive Inc. has expanded its Bitcoin treasury to 13,311 BTC, surpassing Tesla's holdings and positioning itself among the largest corporate Bitcoin holders. The company also raised its SATA preferred dividend to 12.75% and invested $50 million in Strategy STRC shares.

CryptoFrontNews36m ago

STRC Could Help Strategy Hit 1M Bitcoin Milestone Before BlackRock

Bitcoin (CRYPTO: BTC) watchers could be nearing a pivotal moment as non-traditional treasury strategies accelerate a long-running BTC accumulation drive. Michael Saylor’s Strategy (EXCHANGE: MSTR) has been converting equity sales into Bitcoin through its ATM program, steadily expanding its crypto st

CryptoBreaking51m ago

Santiment: The surge in active USDT addresses on a certain public blockchain is correlated with the rebound of BTC

Research firm Santiment found that over the past year, when USDT active addresses on a certain public blockchain surged three times, BTC price rebounded each time, indicating that USDT liquidity has a significant impact on BTC price.

GateNews1h ago
Comment
0/400
No comments