Personal finance author and investor Robert Kiyosaki has issued a bold prediction regarding the price of silver, forecasting a significant surge in July.
Kiyosaki described silver as the most attractive “asymmetric buy” currently available, referring to assets that offer substantial upside potential with limited downside risk, he said in a June 28 X post.
He emphasized that silver is currently undervalued and stated that the white metal is likely to “explode in July.”
Highlighting its accessibility, the Rich Dad Poor Dad author noted that silver remains affordable for most investors, though he warned that this window may soon close if prices rise sharply.
As reported by Finbold, Kiyosaki has previously pointed to silver’s expansive industrial demand, particularly in sectors such as solar energy, electric vehicles, and electronics, as a key catalyst for the metal’s future growth.
Interestingly, he argued that under current conditions, silver holds more value than either gold or Bitcoin (BTC), urging investors to buy before prices accelerate further.
Kiyosaki’s skepticism on traditional finance
Kiyosaki’s bullish stance aligns with his broader skepticism of fiat currencies. He has increasingly advocated for silver, gold, and Bitcoin as alternative stores of value amid what he believes is an approaching collapse of the traditional financial system.
Notably, he has warned of a looming crash that could erode conventional assets, describing the global economy as being in the grip of the “biggest debt bubble in history.”
However, despite his optimistic outlook, silver prices have recently pulled back in the latest session amid easing geopolitical tensions following a ceasefire between Israel and Iran.
At the time of writing, silver was trading at $35.98, down 1.81% on the day. Still, the metal remains up over 24% year-to-date.
Going forward, silver’s key technical objective is to hold support above the $35 level, seen as a critical threshold that could pave the way for a run toward the $40 mark and build momentum heading into 2025.
Featured image via Cavaleria Com YouTube
