Robert Kiyosaki, an American investor and author of the book Rich Dad Poor Dad, is well-known for his financial strategies. He often advises people to focus on assets such as gold, silver, and Bitcoin rather than depending solely on traditional savings. In a recent post, he once again pointed to these alternatives, with a special emphasis on silver, which he described as a potential opportunity in the current market environment.
Kiyosaki Predicts Silver to Double in Value
Kiyosaki recently reiterated his support for gold, silver, and Bitcoin as long-term investment options. He expressed strong confidence in silver, stating, “I believe silver will 2X… possibly $70 this year.” Kiyosaki has consistently urged people to move beyond traditional savings, often warning about the declining value of what he calls fake money.
As of June 11, silver futures on COMEX are trading at around $36.69 per ounce, which is approximately Rs 3,138 per ounce, up 0.13 per cent and still far below Robert Kiyosaki’s bold projection of $70.
He urged people to take quick action, saying, “Please do not be a loser saying I would have, I should have, I could have.” It underscored the need for proactive financial decisions and was aimed at people who put off investing and then regret lost possibilities.
In his tweet, Kiyosaki stated that owning gold, silver, and Bitcoin is a better choice than saving what he calls “fake money.” He encouraged individuals to make bold financial decisions and reminded them that they’re winners, urging them to act like one.
Bitcoin Is People’s Money, Says Kiyosaki
In another latest tweet, Robert Kiyosaki warned about rising unrest and said the world may be entering a long and difficult period. He linked this situation to the Fourth Turning, a theory that major changes happen in society every 80 years. According to him, the big issue this time is about the value and trust in money.
He says and silver are Gods money while Bitcoin is people's money. He urged people to save in gold, silver, and Bitcoin as a way to protect their wealth from inflation and economic uncertainty.
Also, he has commented on Bitcoin price predictions in the past. In May, Robert Kiyosaki projected that Bitcoin could reach $250,000, reflecting his continued belief in the potential of cryptocurrencies as a long-term store of value.