Renowned author and financial motivator Robert Kiyosaki made an unexpected statement, choosing silver as today’s best asset.

Kiyosaki's Unexpected Statement

Robert Kiyosaki, known for his book 'Rich Dad Poor Dad,' expressed that silver is the best asset today, predicting its price to reach $50 per ounce.

Reasons for Silver's Appeal

Technically, there is a large 'cup and handle' pattern forming, which often leads to significant upward price movements. Additionally, gold is hitting all-time highs, driving traders and investors to chase opportunities. Fundamentally, silver is in high demand, extensively used in medical, engineering, photographic, electronic, and defense industries. 95% of the world's silver is utilized for industrial purposes, creating favorable conditions for price growth given its limited availability.

Impact on Other Assets

The rise of silver may draw attention away from Bitcoin and gold, potentially reducing their volatility. However, this remains to be observed.

Robert Kiyosaki highlights silver as a promising asset given its current demand and limited supply, potentially shifting investment focus in the near future.