Robert Kiyosaki forecasts silver price doubling by year end
@theRealKiyosaki: Kiyosaki foresees silver doubling
Renowned financial educator Robert Kiyosaki has shared his bullish outlook on silver.
Kiyosaki, author of the best-selling book ''Rich Dad Poor Dad,'' has consistently advocated for investment in precious metals and cryptocurrencies, notably gold, silver, and Bitcoin. In a recent social media post, he emphasized the potential of silver as an undervalued asset, predicting that its price could double and reach $70 an ounce this year. This statement comes as silver currently trades around $35 an ounce. Kiyosaki's comments reflect his strategy of focusing on tangible wealth preservation assets amid economic uncertainty, urging investors to consider strategic diversification to safeguard their financial future.
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Kiyosaki’s latest endorsement of silver as a hedge reflects his broader skepticism toward conventional assets, aligning with his earlier critique of the safety of US bonds amid heightened counterparty risks. His advocacy for diversification extends beyond precious metals, as underscored by his previous outlook on a potential Bitcoin surge amid market turmoil—a perspective that continues to influence investor strategies in today’s volatile environment.
In the previous news, tweet author Robert Kiyosaki discussed the potential for a significant economic downturn, drawing from the predictions made in his book Rich Dad's Prophecy.
