Robert Kiyosaki, author of 'Rich Dad Poor Dad,' emphasized, "The best investment today is silver."
Kiyosaki Predicts "Silver Price to Triple by Year-End"
Robert Kiyosaki, author of the global bestseller "Rich Dad Poor Dad," has identified silver as a new alternative investment.
According to crypto media outlet U.Today on June 28 (local time), Kiyosaki signaled the potential for a surge in physical silver prices through his social media channels. He mentioned the possibility of a short-term sharp decline in Bitcoin and gold, while emphasizing, "The best investment today is silver."
He stated that the current silver price is undervalued and predicted it will exceed $100 per ounce by the end of this year, rising more than threefold. The current international silver price is $35.97 per ounce.
He also maintained an optimistic outlook on Bitcoin and gold. However, he said, "These two assets will undergo short-term price adjustments," and added, "I plan to make additional purchases during price declines."
He further predicted, "Anyone can buy silver today, but that may not be the case tomorrow," forecasting a sharp rise in silver prices in July.
Kiyosaki stated, "The current price of silver is very low, making it accessible to everyone," and added, "Silver is used as a raw material in strategic industries, so demand will continue to increase." He believes that the current silver price is undervalued and expects it to exceed $100 per ounce by the end of this year, representing a more than threefold increase. The current international silver price is $35.97 per ounce.
"Bitcoin and Gold May See Short-Term Declines... Planning Additional Purchases on Dips"
He also maintained an optimistic outlook on Bitcoin and gold. However, he said, "These two assets will undergo short-term price corrections," and added, "I plan to make additional purchases during price declines. This is just my opinion, so do your own research." Kiyosaki projects that, in the long term, Bitcoin will surpass $1 million and gold will exceed $30,000 per ounce by 2030. He also believes that silver has a high potential for a sharp rise due to industrial demand and changes in the global monetary system.
Commenting on the current U.S. national debt, which has surpassed $37 trillion, he described it as "the largest debt bubble in history," and warned that a collapse of the financial system due to this debt is highly likely. Kiyosaki referred to cash and bonds as "fake money," warning that those who rely on these assets will be the biggest losers.
