Why is the “rich father” Robert Kiyosaki buying silver right now, should you invest too?

Station turbulence may be bad for heritage investorsBut it is usually good for people who Invest in precious metals like silver and gold. Among the latter is the financial author Robert Kiyosaki, who recently praised Silver in a publication in X.

Read -Ne More: I am Financial Advisor: 4 investment rules My millionaire clients never break

Find out: New retirement problems are facing

In the publication, of April 22, Kiyosaki called Silver the “largest investment intervention” today.

“Gold has already reached the highs,” he wrote. “I have a lot of bitcoin. And silver is still 50% below all the time … today about $ 35 (one ounce). I think the silver will increase (increase) from 2x to $ 70 this year.”

This is a rather daring prediction, and many experts could find too many optimistic. Since Kiyosaki wrote these words, the silver price has dropped below $ 35 on ounce. Should do Skyrocket in a hurry to reach $ 70.

However, there are reasons why silver can be a Good investment Right now.

Like gold, silver is considered a safe refuge when stocks are volatile due to the inherent value of metal and its application in different industries. Silver is also considered a fence against economic uncertainty and the world has seen a lot because President Donald Trump’s fare plans.

“The precious metals, including silver, have benefited from the volatility created by the constant fans of the Trump administration since the beginning of the year,” said the Investor News Network (INN) in a April block. “These threats have caused chaos to all world financial and heritage markets, which also led to investors seeking secure assets to stabilize their portfolios.”

Discover the following: Berkshire Hathaway from Warren Buffett bought more than $ 73 million in shares of this technology company, is why

The result is that silver prices have been mostly increasing by 2025 despite occasional bite. Silver contributed to $ 32.85 on the beginning of Wednesday, May 7, according to Kitco data. This ascended from $ 28.90 to the closing of 2024, a gain of approximately 14%.

This is a very strong gain compared to the stock market markets, which have dropped during the year despite recent boost. But Silver’s pricing is still behind that of gold, so Kiyosaki calls silver a “bargain”.

As Barron reported this week, the market dynamics could change in favor of Silver. A recent Wall Street winner brought some investors Gold Because its price has increased so high.

An advantage that silver has on gold is that it has a “wider range” of industrial uses, said Barron. This could help increase your price in the coming months, which means buying now would be a profitable movement.