Author of ‘Rich Dad Poor Dad’ Robert Kiyosaki Shares Best Investment Now

Published by

Elena R

August 25, 2023

Renowned author and investor Robert Kiyosaki is encouraging individuals to broaden their investment horizons by including silver, the world’s second most precious metal after gold, in their portfolios. Kiyosaki recently took to Twitter to voice his criticism of the dollar, labeling it as “fake,” while championing silver as a dependable safe haven.

Silver Should Be Your Go-To

Kiyosaki pointed out that silver is currently trading at a substantial 50% discount from its peak value, despite an increasing demand for environmentally friendly solutions such as solar-powered electric vehicles. He underscored silver’s historical significance as both a commodity and a form of currency, while also cautioning against the wisdom of storing one’s wealth in what he deems as “fake dollars.”

Kiyosaki has consistently advocated for silver investments as a means of achieving financial growth. He asserts that silver possesses a unique ability to safeguard and nurture wealth in ways that traditional fiat currencies cannot. Moreover, he has cautioned against the declining appeal of the dollar, particularly in comparison to the ascending Chinese yuan.

In a prior tweet, Kiyosaki projected that the value of silver would stabilize at around $20 over the next 3 to 5 years. He also highlighted the potential for long-term growth, suggesting that the value of silver could eventually reach anywhere from $100 to $500. Notably, Kiyosaki emphasized that silver investments remain accessible even to individuals with limited financial means.

Key Market Trends

Recent market trends indicate a 6% surge in silver prices, prompting considerations of its investment potential. Market sentiment hinges on the US Federal Reserve chair’s upcoming speech at the Jackson Hole meeting, expected to address inflation and the economy. Silver’s rally faced setbacks due to a strengthening US dollar, waning gold prices, and reduced holdings in the SPDR Gold Trust, resulting in a short-term bearish outlook.

Aligned with Kiyosaki’s perspective, the weakening dollar against the robust yuan enhances silver’s allure. Investors are increasingly open to silver investments, embracing calculated risks amid evolving market dynamics.

What do you think of Robert Kiyosaki’s investment advice?

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.