Key facts:
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Kiyosaki said that the best investment to make is in silver.
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The ideal bitcoin price to buy was $1,100, according to the writer.
Renowned author of the book “Rich Dad Poor Dad,” Robert Kiyosaki, has once again made one of his financial predictions. On this occasion, he has set his sights on silver, joining bitcoin (BTC) as one of his favorite assets to invest in.
As usual, Kiyosaki used his Twitter account to expose that the “best investment” to do right now is money. “Gold breaks above $1700 and silver drops to $20. I don’t touch paper gold or silver ETFs. I just want real gold or silver coins,” she commented.
In his opinion, silver is an industrial precious metalwhile, on the other hand, considers that gold is not.
Later wrote that the most tracked assets since ancient times are gold and silver. In that sense, established a comparison between the proportion of both precious metals in the 20th century and today.
“By the 20th century, the gold:silver ratio was 47:1, meaning that 47 oz of silver was equivalent to 1 oz of gold. Today it is 85:1, “said the writer.
Hence he suggests buying silver. “For $25, everyone can buy a silver coin,” he added.
Kiyosaki’s messages seem to be consistent with what sample the silver market, which, since last July 25, the ounce went from having a price of USD 18.37 to USD 20.37, which represents an increase of 10.89%at the time of writing this article.
Kiyosaki also likes bitcoin
In the same way that he has done with silver, the investment specialist writer has also repeatedly launched reflections on bitcoin and what would be the best price to access that market.
Last June, CriptoNoticias reported that Kiyosaki was waiting for the price of BTC to drop to $1,100. “If it recovers, I will buy more. If not, I’ll wait for the losers to quit and then I’ll buy more,” he said.
The truth is that this prediction, so far, has not been fulfilled. The lowest price in recent 18 months was $17,600while it is currently stabilized at $23,700.
It should be noted that these predictions do not necessarily have to be tied to the reality of the markets, be it crypto assets or precious metals. Those interested in making investments must take into account that there is no guarantee that the recommendations will be fulfilled, so possible risks must be anticipated.