Financial and investment guru Robert Kiyosaki, renowned for his bestseller “Rich Dad Poor Dad,” recently engaged his online audience in a discussion about an asset he firmly endorses, other than Bitcoin.
“Silver is going to take off”; “Supply low…demand high”
This time around, Robert Kiyosaki selected silver as his tweet’s focus. He considers it one of the three secure assets, anticipating significant price increases for these in the coming days. The other two he endorses are the leading cryptocurrency globally, Bitcoin, and the universally recognized precious metal, gold.
Today’s tweet from Kiyosaki highlights a characteristic reminiscent of Bitcoin for silver, namely its limited supply.
The financial expert anticipates a rise in the cost of silver, as he stated on Twitter: “Silver is set to soar. Supply is scarce…demand is high.” He encouraged his followers to begin investing in it immediately: “Purchase now before the price of silver increases significantly.
SILVER is going to take off. Supply low….demand up. Buy now before the price of silver goes up.
— Robert Kiyosaki (@theRealKiyosaki) January 17, 2025
While Bitcoin and silver share some similarities in terms of supply, the comparison may not be entirely accurate due to a key difference: unlike Bitcoin, which has a fixed supply of 21 million coins, silver can continue to be mined as new deposits are discovered in the earth. Notably, Robert Kiyosaki frequently discusses silver on Twitter, emphasizing its widespread use across various strategic industries and suggesting that demand for it is unlikely to diminish in the immediate future.
As an analyst, I frequently encourage individuals on my platform to consider investing in affordable silver coins as a form of physical silver storage. This asset is not only accessible but could serve as a potential currency if global events were to lead to a future economic collapse.
Kiyosaki predicts Bitcoin to $250,000 this year
Earlier this week, Robert Kiyosaki, a renowned financial expert and author, expressed his prediction in a tweet that the value of the top digital currency by market capitalization could surge to an astounding $250,000 this year, and he has also increased his holdings.
The predicted price for this asset was a bit lower than Robert Kiyosaki’s forecast from late last year. To be precise, in December, the financial author tweeted his belief that Bitcoin would surpass $350,000 by the end of 2021. However, he now feels it might drop as low as $175,000 per coin.
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2025-01-17 12:56