Robert Kiyosaki Calls US Treasury Buyback Expansion a New Wave of “Fake Dollars” and Backs Gold, Silver and Bitcoin

Robert Kiyosaki used his X account to argue that the U.S. Treasury’s recent increase in buybacks of 10‑ to 30‑year bonds is effectively another round of money creation, which he described as “more fake dollars.” He linked the move to a weakening dollar, rising inflation expectations, and a shift toward hard assets.

Treasury’s buyback expansion

Effective September 9, the Treasury raised the maximum size of its buyback operations from $2 billion to at least $4 billion per auction for 10‑ to 30‑year bonds. The change followed a sharp rise in long‑term yields, with the 30‑year yield briefly reaching levels not seen in nearly two decades.

Official framing

Officials described the larger buybacks as a liquidity measure, not formal quantitative easing, noting that only the Federal Reserve can expand the monetary base. Market observers have largely characterized the step as a limited, “operation‑twist‑style” adjustment aimed at easing pressure on the long end of the yield curve.

Kiyosaki’s interpretation

Kiyosaki argued that the expanded buybacks create additional “fake dollars” regardless of the Treasury’s wording. He pointed to a drop in the Dollar Index as evidence of rising inflation, which he said will penalize savers of cash and traditional paper assets.

Asset recommendations

He urged educated investors to hold assets that tend to rise during currency debasement, specifically gold, silver, Bitcoin and certain real‑estate holdings. Kiyosaki emphasized that financial ignorance can erode purchasing power, especially as the national debt exceeds $40 trillion.

Market reaction

Following the announcement, gold traded around $4,600, silver near $70, oil above $87, and Bitcoin briefly spiked above $79,000, reflecting heightened interest in hard‑asset hedges.