Silver is attracting attention again as Robert Kiyosaki, author of Rich Dad Poor Dad, has revealed that he has invested tens of thousands of dollars in the precious metal.
The well-known investor predicts that the silver price could rise to $200 per ounce this year. At the same time, he warns of serious problems surrounding the US dollar.
More and more investors are following his example. Through Bitpanda, Dutch people can now respond to the possible silver increase by claiming 15 euros worth of silver for free when creating an account.
Robert Kiyosaki buys 600 silver coins
On X, Robert Kiyosaki announced that he has purchased approximately 600 Silver Eagles. These are silver coins of one ounce each. At a purchase price of $82 per coin, his investment amounts to almost $50,000.
According to Kiyosaki, this is just the beginning. He expects the silver price to rise to $200 per ounce. If that prediction is correct, his investment would more than double in value.
Kiyosaki has been a proponent of hard assets such as gold, silver and Bitcoin (BTC) for years. He sees this as protection against inflation and currency risks.
Concerns about the US dollar
In addition to his silver purchase, Kiyosaki reiterated his warning for fiat savers. He regularly calls the US dollar ‘fake’ and states that savers are ultimately the biggest losers.
The warning comes at a time when the US dollar is under pressure. The US Dollar Index, which measures the value of the dollar against other major currencies, has fallen by more than ten percent in the past year.
At the same time, reports that China is looking to reduce its exposure to US assets are adding to market nervousness.
According to Kiyosaki, these are signals that investors should turn to tangible assets such as silver, gold and Bitcoin.
Source: https://newsbit.nl/kiyosaki-zet-vol-in-op-zilver-prijs-kan-stijgen-naar-200-dollar/
