Robert Kiyosaki, the author of the best-selling book 'Rich Dad Poor Dad', recently warned of problems in U.S. bond auctions and advised to quickly purchase safe-haven assets, stating that the apocalypse is approaching.
Is the party over for US bonds and the apocalypse upon us?
On May 9, 2025, the U.S. Treasury's auction of government bonds failed to attract enough buyers, an unusual phenomenon that immediately raised market concerns about U.S. financial health. This event could force the Federal Reserve to intervene and purchase bonds to fill the demand gap, further exacerbating inflationary pressures. Robert Kiyosaki commented on this situation:
What do you do if you throw a party but no one shows up? That's what happened yesterday. The Federal Reserve held a U.S. bond auction, but no one showed up. So, the Fed quietly bought $50 billion of its own fake money.
The party is over, and hyperinflation has arrived. Millions of people, young and old, will be economically wiped out.
Surge in demand for safe-haven assets, with gold and Bitcoin in focus.
Gold, Bitcoin, and silver are seen as safe-haven assets. Kiyosaki expects their prices could reach $25,000 per ounce in a hyperinflation scenario, while silver, also viewed as a safe-haven option, is predicted to reach $70 per ounce.
The focus is on Bitcoin (BTC), which is seen as 'digital gold' and is receiving attention due to its limited supply. Kiyosaki also predicts that Bitcoin could soar to between $500,000 and $1 million per coin in an environment of hyperinflation.
Kiyosaki also mentioned an important work by Larry Lepard titled 'The Big Print', which describes the impact of massive currency issuance on the world.
Overall, the abnormality of the U.S. Treasury bond auction signals market concerns about its debt sustainability and highlights the potential risks of hyperinflation. Market advocates like Robert Kiyosaki have long warned of the dangers of a dollar system collapse, leading many investors to closely examine assets like gold, silver, and Bitcoin as important tools for preserving value during this turbulent period.
