The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has discussed what he believes is the “best investment value today.”
Is there a better investment today? Rich Dad Poor Dad’s Robert Kiyosaki Answers
Robert Kiyosaki is the author of Rich Dad Poor Dad. He suggests that investors invest in silver because it has the highest investment value. Rich Dad Poor Dad, a 1997 book by Kiyosaki with Sharon Lechter is co-authored. For six consecutive years, it has been a New York Times Best Seller List. It has been sold more than 32,000,000 copies in 51 languages and in 109 other countries.
Kiyosaki tweeted Thursday: “Q: What is best investment value today?” He replied that the answer is silver, noting that gold’s price has climbed above $1,700 but silver has fallen to $20. “I do not touch paper gold or silver ETFs [exchange-traded funds]. Only real silver or gold coins are acceptable to me. The industrial precious metal silver is. Not gold. You don’t have to believe me. Study precious metals,” he detailed.
His follow-up tweet explained that:
Why I suggest ‘buy silver.’ For $25 bucks everyone can buy a silver coin. Don’t take my word for it. Study. Become rich. Don’t be a fool.
The famous author had previously suggested that silver be bought. In July, he warned that the U.S. bond market is crashing and it is the “Biggest bond crash since 1788.” He added: “I am buying more gold, silver now, and waiting for bitcoin to go lower.”
Kiyosaki is waiting to purchase bitcoin at the bottom. He claimed earlier this month that his cash balance is stable and that he has been waiting to purchase bitcoin when asset prices crash. He believes that it will be the “greatest sale on earth.” He also said he is waiting for BTC to “test $1,100” before buying.
He also predicted that bonds and stocks would crash and that there will be depression and unrest. Moreover, he cautioned that inflation may lead to a “Greater Depression.”
Are you in agreement with Robert Kiyosaki, author of Rich Dad Poor Dad? Comment below to let us know your thoughts.
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