Renowned investor, multi-millionaire, and author of the personal finance book “Rich Dad Poor Dad” Robert Kiyosaki has shared his latest proclamation about a potentially lucrative investment opportunity.
In an X post on August 25, Kiyosaki identified silver as the “biggest investment bargain” available today. Kiyosaki’s enthusiasm for silver is due to the precious metal’s current price being below 50% of its all-time high.
He noted that the precious metal is experiencing a surge in demand due to its critical role in green technologies such as solar panels and electric vehicles (EVs). As concerns over climate change grow, industries are increasingly relying on silver for its excellent conductivity and reflective properties. In his view, the metal is an ideal investment compared to what he termed ‘counterfeit dollars.’
“BIB: Biggest Investment Bargain: 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,” he said.
Kiyosaki’s push for alternative assets
This endorsement aligns with Kiyosaki’s longstanding advocacy for alternative assets like Bitcoin (BTC) and gold. He has previously voiced his mistrust of traditional financial institutions and government-backed currencies. In this line, he has encouraged investors to tap into Bitcoin when the value corrects, noting that the asset has the potential to rally to $1 million.
Kiyosaki’s insights have often been accompanied by a critical assessment of the global economic landscape. He has expressed concerns about toxic masculinity in world affairs and predicted potential conflicts, alluding to the tense relationship between global powers, leading to a possible market crash.
The financial educator’s views on the national debt, inflation, and the stability of the dollar have led him to advocate for diversifying portfolios with assets like gold, silver, Bitcoin, Ethereum (ETH), and Solana while dismissing the value of the U.S. dollar terming it ‘toast.’
Moreover, Kiyosaki recently highlighted the BRICS summit, noting it signifies the end of the dollar as member countries consider a gold-backed cryptocurrency.
In light of the perceived fragility of the current financial system, Kiyosaki has encouraged investors to seize opportunities presented by market corrections.