Robert Kiyosaki Highlights Reasons to Buy Silver
The author of Rich Dad Poor Dad, Robert Kiyosaki, believes investors should buy silver for several reasons. Here are the key points:
- Silver is still 50% below its all-time high
- There is a growing demand for silver in green energy sectors like solar and electric vehicles
- Silver is the second most used commodity after oil
- Silver has been used as money for centuries
- It is affordable for most people
The current price of silver is $24.22 per ounce. Kiyosaki considers gold and silver as “God’s money” while criticizing the U.S. dollar as “fake money” due to its lack of backing by hard assets. He has been recommending investors to buy silver, emphasizing its long-term investment potential and rarity. In addition to silver, Kiyosaki also suggests investing in gold and bitcoin, predicting significant price increases for both in the coming years.
Hot Take
Robert Kiyosaki’s belief in the value of silver as an investment may resonate with crypto readers who are seeking alternative options to traditional currencies and assets. While his predictions may be bold, they reflect a larger sentiment of skepticism towards fiat currencies and a growing interest in decentralized forms of wealth. Whether or not these predictions come true, it’s important for crypto readers to carefully evaluate their investment decisions and consider the potential risks and rewards.
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