PakGazette – Robert Kiyosaki, finance and investment expert and author of the best-selling book “Rich Dad, Poor Dad,” has taken to social media to discuss with his followers an asset he strongly believes in, as well as.
“Silver is going to take off”; “Low supply…high demand”
This time, Robert Kiyosaki chose silver as the topic of his tweet. It is one of three assets that he believes are safe havens and predicts their prices will skyrocket in the near future. The other two are the world’s leading cryptocurrency, Bitcoin, and the most popular precious metal: gold.
In today’s tweet, Kiyosaki revealed a characteristic that makes silver similar to Bitcoin: low supply.
The financial guru expects the price of silver to rise, tweeting: “Silver is going to take off. “Low supply…high demand.” He urged his followers to start buying it before the price skyrockets: “Buy now before the price of silver rises.”
However, the similarity with Bitcoin in terms of its supply is debatable, as Bitcoin can only exist in the form of 21 million coins, while silver can be mined at any time once new deposits are found in the ground. Kiyosaki has tweeted many times about silver in the past, saying that it is widely used in various strategic industries and its demand is unlikely to fall in the near future.
He has also urged his followers on platform the future. .
Kiyosaki Predicts Bitcoin Will Hit $250,000 This Year
In a tweet posted earlier this week, financial guru and writer Kiyosaki stated that he expects the price of the largest digital currency by market cap size to soar to $250,000 this year, and that he is buying more.
This price prediction was slightly lower than those expressed by Kiyosaki at the end of last year. In December, the author of books on finance and investing tweeted that he expected Bitcoin to hit $350,000 this year, while he believes the lowest it can go is $175,000 per coin.
