'The Dollar is in Crisis', Robert Kiyosaki Warns Again, Says - Buy Silver...
Robert Kiyosaki advises purchasing silver amidst fluctuating gold and silver prices and warns of a looming crisis with the US dollar.
Recent fluctuations in the prices of gold and silver have caught the attention of many investors, with sharp highs followed by significant crashes. Amidst this volatility, renowned author Robert Kiyosaki, known for his book 'Rich Dad Poor Dad', has taken to social media to advise his followers to buy silver, especially as prices dip. Kiyosaki's warnings extend to the US dollar, suggesting that its value may face serious challenges in the near future.
Kiyosaki recently revealed on Twitter (now X) that he has purchased additional US Silver Eagles, indicating his confidence in silver as a safe investment during times of economic uncertainty. He specifically mentioned that he bought 600 US Silver Eagles at a spot price of $82 per ounce, underlining his belief in the precious metal's potential for growth as a hedge against dollar depreciation.
This advice comes at a time when precious metal prices are highly volatile, impacting market sentiments. Kiyosaki's consistent advocacy for silver and gold poses significant implications for retail investors looking to protect their financial assets. His statement about the dollar's potential crisis resonates particularly in India, where economic fears and currency fluctuations can have profound impacts on both local and international markets.