Renowned author Robert Kiyosaki emphasized silver as a potential investment asset that could significantly increase in value soon.
Silver as a Safe Haven
Robert Kiyosaki argues that silver is one of the three safe haven assets. Besides silver, he also mentions bitcoin and gold. In his tweet, he highlighted that silver’s supply is low and demand is high, predicting a surge in its price.
Comparison with Bitcoin
Kiyosaki pointed out that a common feature of silver and bitcoin is their limited supply. However, the difference lies in the fact that, unlike bitcoin with its fixed amount of 21 million coins, silver can still be mined when new deposits are found. Silver is in high demand in strategic industries, supporting its price.
Bitcoin Prediction
Earlier this week, Kiyosaki predicted that bitcoin could reach $250,000 this year. This is lower than his previous prediction of $350,000 at the end of last year, but he remains convinced of its growth.
Robert Kiyosaki's forecasts always garner interest and discussion in the financial world due to his unconventional investment ideas.