Overview
- Robert Kiyosaki said “Europe is toast,” predicting a French bankruptcy risk and unrest in Germany as he renewed calls to hold gold, silver, and Bitcoin.
- He cited multi‑year losses in government debt, with U.S. Treasuries down about 13% since 2020, European bonds off roughly 24%, and British bonds lower by about 32%.
- Gold futures reached an all‑time high near $3,500 and silver hit a 14‑year peak, with both moves presented as reinforcing demand for havens.
- Bitcoin fell back below $108,000 and traded more than 15% under its peak, drawing fresh criticism from gold advocate Peter Schiff and a contrasting view from JPMorgan that it is undervalued relative to gold.
- Kiyosaki claimed Asian central banks, including those in Japan and China, are offloading U.S. bonds to accumulate precious metals, using that narrative to question traditional 60/40 portfolios.