TLDR
- European bonds have crashed 24% while British bonds fell 32% according to Kiyosaki
- France faces potential bankruptcy and civil unrest similar to historical Bastille Day revolt
- Japan and China are selling US Treasury bonds to purchase gold and silver
- Gold futures reached record high of $3,500 while Bitcoin dropped below $108,000
- Kiyosaki advises investors to hold gold, silver, and Bitcoin as economic protection
Kiyosaki describes Europe as financially doomed in recent social media statements. He specifically targets France as facing bankruptcy and potential revolutionary-style unrest.
The veteran investor cites bond market performance as proof of the crisis. US Treasury bonds have declined 13% since 2020, while European bonds crashed 24%.
British government bonds have suffered even worse losses at 32%. These declines signal deep structural problems in major economies, according to Kiyosaki.
Asian Nations Abandon US Debt
Japan and China are actively selling their US bond holdings. Both countries are redirecting funds into precious metals instead of American debt securities.
This shift represents a major vote of no confidence in US fiscal policy. Kiyosaki sees this trend as validation of his crisis predictions.
The author criticizes traditional investment advice during this period. He specifically attacks the standard 60/40 portfolio allocation between stocks and bonds.
Kiyosaki warns that conventional safe haven assets no longer provide security. His solution involves accumulating physical precious metals and cryptocurrency.
Gold Soars While Bitcoin Struggles
Gold futures have surged to an all-time high of $3,500 per ounce. Silver prices have also reached 14-year peaks during the market uncertainty.
Bitcoin presents a more complex picture despite Kiyosaki’s endorsement. The cryptocurrency has fallen below $108,000 and continues facing selling pressure.
The digital asset has erased all monthly gains from August. Long-term Bitcoin holders have been liquidating positions in favor of Ethereum.
Bitcoin critic Peter Schiff has highlighted Bitcoin’s underperformance versus gold. He questions why Bitcoin trails its record high while gold sets new peaks.
JPMorgan recently stated Bitcoin appears undervalued compared to gold. This assessment raises questions about Bitcoin’s effectiveness as an inflation hedge.
France appears most vulnerable to Kiyosaki’s predicted crisis. He warns the country faces both financial collapse and social revolution.
Germany also faces potential civil unrest according to the author. Kiyosaki sees widespread instability spreading across European nations.
The United States carries the world’s largest debt burden. This massive obligation creates systemic risks for global financial stability.
Kiyosaki maintains his recommendation for gold, silver, and Bitcoin despite recent crypto weakness. He views all three assets as essential protection against the coming financial storm.
