PK Press Club – Robert Kiyosaki, finance and investment expert and author of the best-selling book “Rich Dad Poor Dad” took to social media to chat with his followers about an asset he strongly believes in, apart from .
“Silver is going to take off”; “Supply is low…demand is high”
This time, Robert Kiyosaki chose money as the subject of his tweet. It is one of three assets he considers safe havens, predicting their prices will skyrocket in the near future. The other two are the world’s flagship cryptocurrency, Bitcoin, and the most popular precious metal, gold.
In today’s tweet, Kiyosaki revealed a feature that makes silver similar to Bitcoin: low supply.
The financial guru expects the price of silver to rise, as he tweeted: “Silver will take off. Supply is low…demand is increasing. He urged his followers to start buying it before the price exploded: “Buy now before the price of silver rises.”
However, the similarity with Bitcoin regarding its supply is questionable since Bitcoin can only exist in the form of 21 million coins, while silver can be mined at any time once new deposits are discovered in the ground. Kiyosaki has repeatedly tweeted about silver in the past, saying that it is widely used in various strategic industries and that demand is unlikely to decline in the near future.
He also repeatedly urged his followers on the X platform to start buying silver coins, which are affordable for many people, and thus store physical silver, which one can also use as currency in case the world faces collapse in the future. .
Kiyosaki predicts Bitcoin will hit $250,000 this year
In a tweet earlier this week, financial guru and writer Kiyosaki said he expects the price of the largest digital currency by market cap to climb as high as $250,000 this year, and that he buys more.
This price prediction was slightly lower than those expressed by Kiyosaki late last year. In December, the author of books on finance and investing tweeted that he expected Bitcoin to hit $350,000 this year, while he believes the lowest it could go is of $175,000 per piece.
