Robert Kiyosaki, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ saw many of his favorite assets explode in value since the start of 2024.
Bitcoin (BTC), Kiyosaki’s most discussed – though not the only favored as evidenced by his stakes in Ethereum (ETH) and Solana (SOL) – cryptocurrency breached $100,000 in December and is, at press time, trading above $104,000.
Despite a slowdown in the last month and a half, gold likewise performed remarkably well, and many believe it will not be long before it continues the rally toward $3,000 per ounce.
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Given such a setup, it is unsurprising that, in a December 16 X post, Kiyosaki revealed his next investment should neither be in the world’s premier cryptocurrency nor the world’s biggest commodity.
This is Robert Kiyosaki’s next big investment
Specifically, in the same tweet in which he confirmed attendance at the Vancouver Resource Investment Conference (VRIC) in January, Robert Kiyosaki revealed he is in the market for a new silver mine.
In fact, the author explained his interest in VRIC with the fact that ‘expert speakers, and real miners with real mines to talk one-on-one-with’ will be in attendance. The investor particularly emphasized that he isn’t interested in talks with ‘financial planners or stock brokers’ but exclusively with the ‘real miners.’
As for his reasoning behind a silver mine being the next big investment, Robert Kiyosaki merely pointed toward gold’s price performance – the fact it had ‘already taken off’ – and opined that silver would be next.
Why is Robert Kiyosaki looking to invest in a Silver mine
Looking at silver’s performance since January 2024, Robert Kiyosaki’s logic appears obvious. Despite the precious and industrial metal having a seemingly more decisive rally than gold this year – 33.3% against 28.93% – it is, unlike its yellow counterpart, at the press-time price of $30.64, well below its all-time highs.
Furthermore, silver would need to rally another 53.6% to reclaim its old heights near $47 – and 60% if the manipulated 1980 highs are accounted for – proving there is ample room for the commodity to surge before hitting uncharted territory.
The comparison with Kiyosaki’s third favored asset – Bitcoin – is even more obvious as the world’s premier cryptocurrency is approximately 140% in the green in 2024, though it is, by the famous investor’s own reckoning, likely still a good investment as it is predicted to rally another 150% in the coming 12 months.
Featured image via Ben Shapiro’s YouTube.
