The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosakihas evoked what he believes to be the “best investment value today.“
What is the best investment value today? Robert Kiyosaki of Rich Dad Poor Dad answers.
The author of Rich Dad Poor DadRobert Kiyosaki, suggested that investors should buy silver, claiming that this precious metal is the best investment value today. Rich Dad Poor Dad is a book published in 1997 and co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages and in more than 109 countries.
Kiyosaki tweeted Thursday, “Q: What is the best investment value today?“He replied that it is silver, noting that the price of gold has climbed above $1,700 but silver has fallen to $20. “I don’t touch paper gold or silver ETFs. I only want real gold or silver coins. Silver is an industrial precious metal. Gold is not. Don’t take my word for it. Study precious metals“, he detailed.
Q: What is BEST investment VAUE TODAY? A: silver. Gold over $1700 and silver falls to $20. I do not touch paper gold or silver ETFs. I only want real gold or silver coins. Silver is an industrial precious metal. Gold is not. Do not take my word for it. Study precious metals
– therealkiyosaki (@theRealKiyosaki) July 29, 2022
In a follow-up tweet, he explained:
Why I suggest ‘buy silver’. For $25, anyone can buy a silver coin. Don’t take my word for it. Study up. Get rich. Don’t be a fool.
This is not the first time the famous author has suggested buying silver. In July, he warned that the U.S. bond market was crashing and that it was the “biggest bond crash since 1788.“He added: “I’m buying more gold and silver now, and waiting for bitcoin to drop.“
Kiyosaki has been waiting to buy bitcoin at the bottom. He said earlier this month that he was in a cash position, waiting to buy bitcoin as asset prices collapse. He believes it will be “the best sale on earth“. He also said he was waiting for BTC to “test $1100” before buying.
The author also warned that stocks and bonds would collapse and that a depression and civil unrest would be coming. In addition, he warned that inflation could lead to a “Great Depression“.