Robert Kiyosaki Urges Gold, Silver & Bitcoin Amid Europe’s 24% Bond Crash
Robert Kiyosaki warns of impending financial crisis in Europe. He points to 24% drop in European bonds and says France will go bankrupt...
Quick overview
- Robert Kiyosaki warns of a financial crisis in Europe, predicting bankruptcy for France and civil unrest in Germany.
- He criticizes traditional investment strategies, highlighting the stress in the global bond market and the decline of US Treasuries.
- Kiyosaki advocates for gold, silver, and Bitcoin as safe havens amid economic uncertainty, emphasizing their role in portfolio diversification.
- Despite his bullish stance, Bitcoin faces selling pressure and criticism, with significant asset movement from BTC to ETH among large holders.
Robert Kiyosaki warns of impending financial crisis in Europe. He points to 24% drop in European bonds and says France will go bankrupt and Germany will see civil unrest. In a recent post on X, he said “Europe is toast” and referenced economic pressures and public discontent like historic revolts.
Kiyosaki also trashes traditional financial advice, especially the 60/40 stock to bond portfolio which he says leaves investors exposed. US Treasuries are down 13% since 2020 and British bonds are down 32% and he says the global bond market is under stress.
- France will go bankrupt and see big public unrest
- Germany will see civil disturbances due to economic stress
- Japan and China are selling US bonds for precious metals
Gold, Silver and Bitcoin as Safe Havens
Kiyosaki still recommends gold, silver and Bitcoin as safe assets. He says Japan and China are moving out of US bonds and into tangible assets like precious metals. Gold futures just hit a record $3,500 and silver prices hit a 14 year high as demand surges in uncertain times.
According to Kiyosaki these assets are a hedge against global chaos:
- Gold and silver protect against currency devaluation
- Bitcoin is an alternative store of value in a volatile market
- Portfolio diversification into these assets is more important than ever
Bitcoin is being tested
Despite Kiyosaki’s bullishness, Bitcoin is under heavy selling pressure and has fallen below $108,000 and erased August gains. Critics like Peter Schiff say Bitcoin has underperformed gold and is not “digital gold”.
JPMorgan recently said Bitcoin is undervalued relative to gold but market dynamics show big holders are rotating out of BTC and into ETH. This is a big test for Bitcoin as a hedge asset.
- BTC losses now over 15% from all time highs
- Whales are moving assets out of BTC and into ETH
- Gold is at historic highs and Bitcoin is volatile
Kiyosaki’s message is clear: as bonds decline and economic stress rises investors may need to rethink their portfolios and consider precious metals and cryptocurrencies for safety.
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