In the past even, the acclaimed author has advocated for the purchase of silver.
Kiyosaki has been patiently waiting for the lowest price to acquire bitcoin.
Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has spoken on what he considers to be the greatest investment deal today. Robert Kiyosaki, the author of Rich Dad, Poor Dad, recommends that investors purchase silver because he believes it to be the finest investment bargain available right now. Kiyosaki and Sharon Lechter penned Rich Dad, Poor Dad in 1997.
Kiyosaki tweeted Thursday:
“Q: What is best investment value today?” He replied that the answer is silver, noting that gold’s price has climbed above $1,700 but silver has fallen to $20. “I do not touch paper gold or silver ETFs [exchange-traded funds]. I only want real gold or silver coins. Silver is an industrial precious metal. Gold is not. Do not take my word for it. Study precious metals,” he detailed.
He went on to say in a follow-up tweet that:
“Why I suggest ‘buy silver.’ For $25 bucks everyone can buy a silver coin. Don’t take my word for it. Study. Become rich. Don’t be a fool.”
Waiting For Bitcoin Prices to Fall
In the past even, the acclaimed author has advocated for the purchase of silver. According to him, the “Biggest Bond Crash since 1788” is underway in the U.S. bond market. “I am buying more gold, silver now, and waiting for bitcoin to go lower,” he said.
Kiyosaki has been patiently waiting for the lowest price to acquire bitcoin. Earlier this month, he said that he was in a cash position and was waiting for asset values to fall before buying bitcoin. There will be the “greatest sale on earth,” according to him. In addition, he said that he would not purchase Bitcoin until it tests $1,100.