Core Insights - Veteran investor Robert Kiyosaki expresses concern over stock and bond markets following Warren Buffett's endorsement of gold and silver [1][4] - Kiyosaki advocates for investing in Bitcoin, gold, and silver, predicting a stock market crash and a potential economic downturn [1][4] Investment Trends - Kiyosaki highlights Buffett's recent shift towards precious metals as indicative of stock market turmoil, contrasting with Buffett's historical criticism of gold as an investment [2][4] - Berkshire Hathaway disclosed over $500 million in investments in Barrick Gold Corp during the COVID era, signaling a change in Buffett's investment strategy [3][4] Economic Outlook - Kiyosaki predicts a major stock market crash and a US recession, suggesting that Bitcoin and precious metals could serve as hedge assets amid a fragile US economy [4] - Market commentator Shanaka Perera interprets Buffett's endorsement of gold as a signal of potential fiat currency collapse, noting central banks' record gold purchases [5] Cash Reserves - Berkshire Hathaway's cash reserves have reached an estimated $344 billion to $348 billion in the first half of 2025, up from $167 billion in 2024, reflecting Buffett's view that many stocks are overvalued [6]
Robert Kiyosaki: Listen to Warren Buffett and Buy BTC, ETH, Gold, and Silver
Yahoo Financeยท2025-10-01 08:53