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Rich Dad Poor Dad Robert Kiyosaki author shared his thoughts on what he thinks as a proper investment value during the crypto market downturn.
Bestselling author and known personal finance expert—Robert Kiyosaki—has been known to criticize the government strategies and warned of the financial crisis ahead. Now this time, Kiyosaki came up with a solution for this problem to counter the issue of investment value. He suggested silver as the best investment value given the economic situations like present.
On Thursday, 28 July, Robert Kiysaki asked his 2 Million followers on Twitter about the best investment value today. Further he himself answered the question—Silver—said that this precious metal is among the best investment value this time.
Rich Dad, Poor Dad author noted that the price of gold has surged to more than 1,700 USD while on the contrary, the price of silver has seen a fall in its price about 20 USD. He said that he himself does not consider paper gold or silver exchange-traded funds or ETFs.
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Kiyosaki said that he only considers gold or silver coins in real life. He said that silver is actually an industrial precious metal while gold is not any such thing. He also added that just to not follow his words on what he is saying. Study about these precious metals in detail, he added.
In his tweet further, he explained why he suggested making investments in silver. He outlined that everyone can have a silver coin for themselves for just 25 USD. He reiterated to not just follow what he is saying and asked to study about it. This would let people become rich and they should not be fool about it, he added.
Kiyosaki has been seen suggesting to buy silver on many occasions. Like in July, for instance, he put up a warning about crashing the bond market in the United States. He even considered it as the biggest bond crash after the year 1788. Even then he said that he was up to buy more gold and silver. Moreover, he also added that he was waiting for bitcoin price to go lower as he could then purchase the digital gold as well.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
