Robert Kiyosaki, the famous author of the bestselling book “Rich Dad Poor Dad”, made new statements about the market. He discussed what he believed to be “the best investment value today.” He said he bought more gold, as he always did. Here are the details…
According to Kiyosaki, is gold the best investment right now?
Robert Kiyosaki, the author of Rich Dad Poor Dad, suggested that the precious metal is the best investment value today and recommended investors to buy silver. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. The book has more than 32 million copies. Sold in over 109 countries in over 51 languages.
In a recent tweet, Kiyosaki mentioned a question he was asked. According to the expert, the question is, “Which asset has the best investment value today?” statements are included. Saying that the answer was silver, he stated that the price of gold rose above $ 1,700, but silver fell to $ 20. Kiyosaki used the following statements:
“I don’t touch paper gold or silver ETFs (exchange-traded funds). I only want real gold or silver coins. Silver is an industrial precious metal. Gold is not like that. If you take my word for it, study the precious metals. Why do I say ‘buy silver’? For $25, anyone can buy some silver. But take my word for it. Study your lesson. Be rich. don’t be stupid.”
Kiyosaki had previously suggested buying silver.
This wasn’t the first time the famous author suggested silver. In July, he stated that the US bond market was collapsing. He warned that this was the “largest bond crash since 1788.” The famous writer also stated that stocks and bonds are collapsing. He warned of a depression and civil unrest coming. He also warned that inflation could lead to “greater depression”. “I am now buying more gold, silver and waiting for Bitcoin to drop further,” he added.
Also, Kiyosaki is waiting to buy Bitcoin from the bottom. As we reported as Kriptokoin.com, he stated that he was in a cash position earlier this month. He said he expects to buy Bitcoin as asset prices fall. He believes this will be the “biggest sale in the world”. He also said he expects BTC to “test $1,100” before buying. At the time of writing, Bitcoin is trading at $23,830, down 0.6 percent. In the last 7 days, it has risen as much as 6 percent.
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