Feed aggregator
Rich Dad Poor Dad author Kiyosaki predicts silver prices could double, calls it 'best bargain' right now
Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, said on Wednesday that he is increasing his silver holdings, calling the metal “the biggest investment bargain today.” He predicted that silver could double in price this year, even as gold reaches record highs and Bitcoin continues to play a key role in his long-term investment strategy.In a post on X (formerly Twitter), Kiyosaki wrote, “GOOD NEWS for people with not much money. I am buying more silver eagles today. The good news is silver is the biggest investment bargain today.” He added, “Gold has already hit all-time highs. I have plenty of Bitcoin. And silver is still 50% below its all-time high… today about $35.”— theRealKiyosaki (@theRealKiyosaki) He predicted that silver could double in value this year, saying, “I believe silver will 2x to $70 this year.” Reiterating one of his key investing principles, he quoted his “rich dad”: “Your profit is made when you buy… not when you sell.” Kiyosaki concluded the post with a nod to his gradual wealth-building approach, writing, “I got rich a ‘little by little’… and never sell. Take care.”His remarks come amid renewed interest in precious metals. Gold surged to a new record of $3,500 an ounce on Tuesday—its 28th record high of the year—while spot silver rose 0.5% to $32.67. Platinum and palladium eased slightly, down 0.2% to $956.53 and $933.72, respectively.Longstanding scepticism toward paper assetsKiyosaki has long advised investors to pivot away from traditional financial products like stocks, bonds, and mutual funds, warning that inflation and excessive money printing would erode the value of fiat currencies. His recent comments build on a series of warnings posted earlier this month, where he described the current global market selloff as the fulfilment of a prediction made in his 2002 book.In an April 7 post, Kiyosaki declared, “That stock market crash arrived today. We are definitely in a RECESSION and more than likely…a DEPRESSION.” He blamed rising geopolitical tensions—particularly the escalating U.S.-China tariff conflict—and criticised the U.S. monetary system for relying on what he calls “fake paper assets.”Also read | Rich Dad Poor Dad author prophecy on stock market crash coming true? Here's what Kiyosaki had predictedMarkets rebound, but uncertainty lingersKiyosaki’s latest investment call came as financial markets attempted to recover from a steep selloff earlier in the week. On Wednesday, a rally across Asian equities followed comments from U.S. President Donald Trump, who said he had no intention of removing Federal Reserve Chair Jerome Powell and hinted at softer tariffs for China.U.S. stock futures bounced, with S&P 500 and Nasdaq futures gaining 1.8% and 2%, respectively. The dollar also strengthened, recovering from recent lows, as investors interpreted Trump’s remarks as a signal of reduced pressure on the Fed’s independence and a potential easing of trade tensions.Doubling down on silverDespite the market rebound, Kiyosaki remains cautious and is doubling down on assets he believes offer real, long-term value. With gold at record highs and Bitcoin already in his portfolio, he is turning his focus to silver, which he sees as undervalued and accessible.Kiyosaki’s message on Wednesday reinforced his view that wealth can be built steadily through disciplined purchases of tangible assets. For small investors, the author said, silver remains within reach. “GOOD NEWS for people with not much money,” he wrote. “Almost everyone in the world can afford at least one ounce of silver.”(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Categories: Business News
WHO EMRO | World Immunization Week 2025 Goals Explained - Observer Voice
- WHO EMRO | World Immunization Week 2025 Goals Explained Observer Voice
- Immunization For All Is Key For The Disease-Free Future APN News
- Nigeria Pushes To End Zero-Dose Crisis As WHO, NPHCDA, UNICEF Take Bold Steps Science Nigeria
- WHO: Vaccines Save Over 154m Lives in 50 Years THISDAYLIVE
- World Immunisation Week Gold 1242
Pahalgam terror attack prompts Twitterati to call for BOYCOTT on Fawad Khan and Vaani Kapoor starrer 'Abi - Times of India
- Pahalgam terror attack prompts Twitterati to call for BOYCOTT on Fawad Khan and Vaani Kapoor starrer 'Abi Times of India
- Pahalgam Terror Attack: Pakistani Actor Fawad Khan, Vaani Kapoor Starrer Abir Gulaal Faces Boycott Calls Zee News
- Boycott calls against Fawad Khan-Vaani Kapoor’s film Abir Gulaal intensify after Pahalgam attack Moneycontrol
- ‘Abir Gulaal shouldn’t be released’: X users demand ban on Fawad Khan’s film after Pahalgam terror attack The Economic Times
- Pahalgam Terror Attack: After Abir Gulaal, Bollywood Fans Demand Hania Aamir & Fawad Khan's Boycott Filmibeat
Who is Ivan Vladimirovich Putin? Leaked pic shows Vladimir Putin’s ‘secret son’ for the first time - Hindustan Times
- Who is Ivan Vladimirovich Putin? Leaked pic shows Vladimir Putin’s ‘secret son’ for the first time Hindustan Times
- First Photos Of Putin's Alleged Secret Son Ivan Vladimirovich, 10, Leaked Online NDTV
- Putin's 'Secret Son', 10, Seen For First Time: 'Russia's Loneliest Boy' MSN
- Russian Telegram channel posts alleged photos of Putin's 10-year-old son Українська правда
- Putin’s Son Ivan Photo Leaked, Telegram Channel Disappears Jobaaj Stories
Gold rates drop today after all-time highs: What investors should do now - CNBC TV18
- Gold rates drop today after all-time highs: What investors should do now CNBC TV18
- Gold prices see sharp fall from record highs as Trump stance calms fears CNBC TV18
- Gold rate today: After hitting Rs 1 lakh, gold sees profit booking; prices dip by Rs 1,900 per 10 grams Times of India
- Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on April 23 Mint
- As Gold Prices Hit Rs 1 Lakh Mark, Uday Kotak Praises Indian Housewives NDTV
Two terrorists killed in encounter in Baramulla's Uri day after Pahalgam attack - Hindustan Times
- Two terrorists killed in encounter in Baramulla's Uri day after Pahalgam attack Hindustan Times
- Day after Pahalgam attack, 2 militants killed during infiltration attempt in Uri The Indian Express
- Infiltration Attempt Intercepted Hours After Pahalgam Attack, 2 Terrorists Killed NDTV
- Day after terror attack in Pahalgam, infiltration bid foiled in Baramulla’s Uri The Hindu
- Army kills 2 terrorists, foils infiltration bid in Baramulla post Pahalgam attack India Today
Scientists link fatty, sugary diets with impaired brain function: Study - sentinelassam.com
- Scientists link fatty, sugary diets with impaired brain function: Study sentinelassam.com
- Junk food is damaging your memory skills India Today
- High-Fat, High-Sugar Diets Linked To Impaired Brain Function, Says Study Zee News
- Consumption of a diet high in fat and sugar is associated with worse spatial navigation ability in a virtual environment Nature
- Scientists Link Fatty and Sugary Diets to Impaired Brain Function Nagaland Post
Day after terror attack in Pahalgam, infiltration bid foiled in Baramulla’s Uri - The Hindu
- Day after terror attack in Pahalgam, infiltration bid foiled in Baramulla’s Uri The Hindu
- Fierce Encounter On In J&K's Kulgam, Day After Terror Attack Killed 26 NDTV
- Encounter breaks out in Kulgam in J&K The Hindu
- Encounter breaks out between terrorists, security forces in J&K's Kulgam a day after Pahalgam attack kills The Economic Times
- Encounter breaks out in south Kashmir’s Kulgam Greater Kashmir
Pages
