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Robert KiyosakiThe financial and investment expert and author of the best-selling book “Rich Dad Poor Dad” took to social media to discuss with his followers the asset he believes in most strongly, along with Bitcoin.
"Silver will take off"; “Supply is low...demand is high.”
This time, Robert Kiyosaki chose silver as the topic of his tweet. This is one of the three assets that are believed to be safe haven assets, and their prices are expected to rise significantly in the near future. The other two are the world's leading cryptocurrency Bitcoin and the most popular precious metal - gold.
In a tweet today, Kiyosaki revealed a feature that makes silver similar to Bitcoin: reduced supply.
The financial guru expects the price of silver to rise, as he tweeted: “Silver will rise. Supply is low... Demand is rising.” He urged his followers to start buying it before its price reaches the ceiling: “Buy now before the price of silver rises.”
However, the similarity to Bitcoin in terms of 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 several times about silver in the past, saying that it is widely used in various strategic industries and demand for it is unlikely to decline in the near future.
He also urged his followers on the X platform several times to start buying silver coins, which are therefore affordable for many people Physical silver storageWhich can also be used as currency in case the world faces a collapse in the future.
Kiyosaki expects the price of Bitcoin to reach $250,000 this year
In a tweet published earlier this week, the financial expert and writer Kiyosaki said that he expects the price of the largest digital currency by market cap to rise to $250,000 this year and that he is buying more of it.
This price prediction was slightly lower than that expressed by Kiyosaki at the end of last year. In December, an author of books on finance and investing tweeted that he expects Bitcoin to reach $350,000 this year, while he believes the lowest level it could reach is $175,000 per coin.
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