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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Robert Kiyosaki Says Silver is the Next Big Thing, Predicts $200 Price Surge

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The post Robert Kiyosaki Says Silver is the Next Big Thing, Predicts $200 Price Surge appeared first on Coinpedia Fintech News

Financial expert Robert Kiyosaki, famous for his book Rich Dad, Poor Dad, has recently sparked speculation by recommending silver over Bitcoin and gold. 

Silver- The Best of the three?

Kiyosaki believes that silver is set for substantial growth and predicts its price could skyrocket to $200 per ounce, sparking excitement among investors. While he is a long-time advocate for Bitcoin, in a recent X post, Kiyosaki wrote, “Silver for the next two months is the best of the three, gold, silver, and Bitcoin.”

He predicts that silver could hit $70 per ounce soon and possibly reach $200 within a year or two. He bases this forecast on his concerns about the devaluation of fiat currency and rising inflation.

Kiyosaki Warns Against Fake Money

Kiyosaki has long warned against relying on fiat currency, calling it “fake money.” Instead, he encourages people to invest in real assets like gold, silver, and Bitcoin. However, he pointed out that unfortunately most people work for and save “fake money.” He believes this will hurt their purchasing power as inflation drives up the prices of gold, silver, and Bitcoin, something he calls “government theft,” effectively making those saving fiat money poorer.

“I want you to grow richer… not poorer.  Please start working for and saving gold, silver, and Bitcoin,” he shared. He further added that the good news for now is that almost anyone can afford at least one silver coin today—but that might not be the case tomorrow.

Recently, Kiyosaki shared that President Trump, recognizing Bitcoin’s value, will eventually use it to help address financial issues in the U.S. As a result, those who kept their Bitcoin will benefit, while those who sold it will miss out. 

Kiyosaki Criticises Crypto ETFs

Kiyosaki has criticized crypto ETFs, calling them artificial and misleading, masking the true value of the assets they represent. He emphasized that gold, silver, and Bitcoin have real, intrinsic value beyond their digital forms. “Do what is best for you, but I would never buy gold, silver, or Bitcoin ETFs. In my opinion, ETFs are as fake as the U.S. dollar and U.S. bonds,” he stated.

He also accused the Federal Reserve and banks of corruption, labeling the US Dollar as a scam, while advocating Bitcoin as the true real asset.

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