The famous author Robert Kiyosaki, writer of the book Rich Dad Poor Dadhas again made a striking statement about investing. This time it is not about Bitcoin (BTC) or gold, but about another raw material that he believes is heavily undervalued: silver.
According to Kiyosaki, silver is the chance of today
Through a post on X, Kiyosaki silver called the “best asymmetrical investment” at the moment. By that he means an investment with a limited downward risk, but a great up -to -date potential. According to the financial expert, silver has been undervalued for years and lives in the shadow of gold. Where gold and bitcoin have gained ground as an inflation hedge in recent years, silver remained behind.
“The big advantage is that everyone can still afford silver today,” said Kiyosaki. However, he warns that that low price will not last long. According to him, the price could already rise in July, although he does not give a clear reason for that expectation.
Gold vs silver: huge difference in price
Kiyosaki does not mention a concrete price target, but points to the enormous difference between the prices of gold and silver. A kilo of silver currently costs around 987 euros, or 36 dollars per ounce. For a kilo of gold, on the other hand, you pay nearly 90,000 euros, converted around $ 3,300 per ounce.
Despite the much lower price, silver also has industrial applications in, for example, electronics and solar panels, which according to some analysts can support the fundamental value in the long term.
Source: https://newsbit.nl/robert-kiyosaki-dit-is-de-beste-belegging-van-nu-en-het-is-niet-bitcoin/
