'Rich Dad Poor Dad' author blasts Warren Buffett's U-turn on assets

Core Viewpoint - Robert Kiyosaki criticizes Warren Buffett for changing his stance on gold and silver, suggesting that this shift indicates an impending market crash, and he continues to advocate for investments in precious metals and cryptocurrencies like Bitcoin and Ethereum [1][3][4]. Group 1: Kiyosaki's Perspective - Kiyosaki expresses disgust at Buffett's recent endorsement of gold and silver after years of criticism, indicating a lack of consistency in Buffett's views [1][3]. - He warns that the stock and bond markets are likely to crash, similar to the Great Crash of 1929, and recommends investing in Bitcoin, gold, and silver as a hedge against this potential downturn [4]. Group 2: Buffett's Historical Views - Warren Buffett has historically been critical of both gold and cryptocurrencies, previously describing gold as having no utility and Bitcoin as "rat poison squared" and a "gambling token" [2][3]. - His past comments reflect a long-standing skepticism towards these assets, which contrasts sharply with Kiyosaki's advocacy for them [2][3]. Group 3: Market Performance - Bitcoin has seen a significant rally of over 80% in the past year, trading at $116,354.76 [5]. - Ethereum has increased by more than 60%, currently priced at $4,295.75 [5]. - Gold and silver have both surged by 45%, with gold trading at $3,888.15 per ounce and silver at $47.31 per ounce [5].