Rich Dad Poor Dad author Robert Kiyosaki has outlined the reasons why investors should consider purchasing silver. He emphasized that despite the affordability of silver coins, most people still prefer to “save counterfeit fake dollars.”
Robert Kiyosaki Highlights Reasons to Buy Silver
The author of Rich Dad Poor Dad, Robert Kiyosaki, has returned to outline the reasons why he believes investors should buy silver. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Reiterating that silver is the “best investment bargain,” he wrote on the X social media platform on Thursday:
Silver still 50% below all-time high, in demand by greenies solar EVs. Silver 2nd most used commodity after oil. Silver has been money for centuries. Who can’t afford 1 silver coin, yet most people prefer to save counterfeit fake dollars. Sad.
At the time of writing, the price of silver is $24.22 per ounce.
Kiyosaki has been recommending investors buy silver for quite some time. He calls gold and silver God’s money whereas the U.S. dollar is fake money because it’s not backed by hard assets.
Earlier this month, the famous author urged investors to buy silver before it’s gone. He stressed that the precious metal is growing rarer, noting that silver is a better bargain as a long-term investment than gold because everyone can afford it.
Besides silver, Kiyosaki also recommends gold and bitcoin. In February, he forecasted that by 2025, gold would be at $5,000, silver would touch $500, and bitcoin would surge to $500,000. Last week, he projected that if the world economy crashes, the price of bitcoin would soar to $1 million, while gold would reach $75,000 and silver $60,000. In January, he said gold’s price will increase to $3,000 while silver will hit $75 this year.
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