Robert Kiyosaki Urges Investors to Buy Silver
The author of Rich Dad Poor Dad, Robert Kiyosaki, is encouraging investors to buy silver as it becomes rarer and more valuable. Kiyosaki believes that silver is a better long-term investment than gold due to its affordability and increasing scarcity. He emphasizes that silver is an industrial precious metal, which contributes to its diminishing availability. Kiyosaki recommends purchasing real silver or gold coins rather than investing in exchange-traded funds (ETFs). He also predicts that by 2025, gold will reach $5,000, silver will rise to $500, and bitcoin will reach $500,000. Kiyosaki has been a long-time advocate for silver and has criticized the U.S. government for violating Gresham’s Law by driving out gold and silver with fake money.
Key Points:
- Robert Kiyosaki believes silver is becoming rarer and urges investors to buy it.
- He considers silver a better bargain and long-term investment compared to gold.
- Kiyosaki recommends purchasing real silver or gold coins rather than ETFs.
- He predicts that by 2025, gold will reach $5,000, silver will rise to $500, and bitcoin will reach $500,000.
- Kiyosaki criticizes the U.S. government for violating Gresham’s Law and driving out gold and silver.
Hot Take:
As an influential figure in the finance world, Robert Kiyosaki’s endorsement of silver as a valuable investment holds weight. His belief in the increasing rarity and affordability of silver aligns with the growing interest in precious metals. While his predictions for gold, silver, and bitcoin may be ambitious, they highlight the skepticism towards traditional fiat currencies. Kiyosaki’s call to action to buy silver before its availability diminishes resonates with investors who are seeking alternative assets in uncertain times.