- Kiyosaki Uncensored
- Posts
- DAILY | Thu Jul 9 | They're Calling Gold Dead Again.
DAILY | Thu Jul 9 | They're Calling Gold Dead Again.
The national debt hit $39.28 trillion and the CBO says 120% of GDP by 2036. They're wrong about gold.
Gold is down from its January 2026 high. Silver is off more than 50% from its record. Wall Street just declared the debasement trade dead.
I've heard this before. Every single time I've bought that dip, I've been right.
Inside today's issue:
- Gold fell 22% from its January high. The national debt did not fall a single dollar. That gap tells you everything.
- The CBO just published the most alarming fiscal numbers in American history. Nobody is talking about it.
- June jobs: 57,000. Wall Street expected 115,000. The economy is slowing and inflation is still at a 3-year high. The Fed is trapped.
- Larry Benedict just released a new presentation on a strategy called "Oil Skimming." It's worth a look.
GOLD HIT $4,052 ON TUESDAY.
Down 22% from the January 2026 high of $5,300. Silver is off more than 50% from its record near $120. The financial press calls it a "death cross" in gold. They say the debasement trade is over.
Here is what they will not tell you.
The Congressional Budget Office just released its official forecast. The federal deficit this year: $1.9 TRILLION. The national debt right now: $39.28 trillion. That is $115,000 for every living American. And by 2036, federal debt reaches 120% of GDP. Worse than anything in U.S. history. Worse than World War II.
"In CBO's projections, the federal budget deficit in fiscal year 2026 is $1.9 trillion and grows to $3.1 trillion by 2036. Debt held by the public rises from 101 percent of GDP in 2026 to 120 percent in 2036, well above the previous record."
The mainstream calls this manageable. They always do. Right up until they cannot.
Meanwhile, inflation hit a 3-year high in June. The Fed is stuck. They cannot cut rates because inflation is still 3%. They cannot raise rates because the economy only added 57,000 jobs in June. Half what anyone expected. The interest payments alone on this debt cost $970 billion this year.
By 2036 that interest bill hits $2.1 trillion. Every single year. Just to service the debt. Not pay it down. Not fix it. Just keep the lights on.
I've seen this movie before. I know exactly how it ends.
But before I show you the one move that protects you when every other option is gone, our friend Jim Rickards has been tracking something directly tied to what Washington just admitted.
SPONSORED: PARADIGM PRESS
Trump to Unleash Giant $2.7 Trillion Gold Mine?

Executive Order #14153 outlines what Jim Rickards believes are Trump's intentions to unleash the largest mineral reserve in the country — up to $2.7 trillion in gold, silver, copper, and other precious elements. This single company, trading for just $2 per share, holds 100% of the rights to this asset. You need to act before November 3.
Go here to get the full details before this stock soars
The move that protects you is the same one I have been making for 50 years.
There is only one way out of a debt spiral this large: print money. Inflate the debt away. Destroy the purchasing power of every dollar in your savings account, your 401k, your pension.
They have done it before. The Romans did it. The Weimar Republic did it. Every empire that spent beyond its means did exactly this. History is not subtle about this pattern.
Gold is down 22%. The debt is up $4 trillion since January. One of those numbers is wrong. It is not the debt.
Wall Street called gold dead in 2013. Gold was at $1,200. They called it dead in 2018. Gold was at $1,180. They called it dead again in 2022. Gold was at $1,600. Every single time they called it dead, it came back stronger.
I bought my first gold in 1972. I have never sold it. I have never regretted it. And I will not start now.
PHYSICAL GOLD. PHYSICAL SILVER. Real assets. Things you can hold in your hand. Not paper promises from people who have proven, with $39 trillion in evidence, that they cannot be trusted with money.
The debasement trade is not over. It has barely begun.
To your freedom,
Robert Kiyosaki
Author, Rich Dad Poor Dad
P.S. The governments of Saudi Arabia and Kuwait once hired our friend Larry Benedict. So did the banks that hold money for Exxon, Chevron, and Shell. For decades, he helped the most powerful players in oil grow their money. Now he's revealing his top oil strategy, adapted so ordinary folks can use it too. Watch the free presentation here.
You might also be interested in:
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Gold Prices Set for First Weekly Rise in a Month as Investors Flee Weak Jobs Data (CNBC)
Jim Rickards Predicts: Trump's Next Big Buy
The Budget and Economic Outlook: 2026 to 2036 (Congressional Budget Office)
New from Larry Benedict: a three-step approach to the oil market he calls "Oil Skimming."