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Robert Kiyosaki warns of soaring U.S. debt and urges gold, silver and crypto
Financial commentator Robert Kiyosaki highlighted the rapid growth of U.S. government debt, noting it rose from roughly $9.5 trillion before the 2008 financial crisis to about $39 trillion today. He used the hyperbole that spending $1 per minute would require about 32,000 years to exhaust $1 trillion, illustrating the scale of fiscal expansion.
Kiyosaki reiterated his long‑term wealth‑protection strategy: he has accumulated silver since 1965, gold since 1971, Bitcoin since 2012 and Ethereum since 2022, and stores some precious metals in overseas vaults to guard against possible government interference. He argues that inflation, high debt levels and fiat currency devaluation erode cash’s purchasing power, making hard assets a safer store of value.
His comments come amid broader market concerns over rising U.S. deficits, volatile bond markets and heightened interest in alternative assets such as precious metals and cryptocurrencies as hedges against currency depreciation.