• Robert Kiyosaki, best-selling author, is rooting for a certain asset which isn’t Bitcoin.
• The asset he was referring to was silver, which according to him is trading below its real value.
• Kiyosaki also cautioned about the possibility of an impending worldwide financial crisis and advised investors to invest in gold, silver and Bitcoin.
Robert Kiyosaki Roots For Silver as Asset
Robert Kiyosaki, who is a best-selling author and investor highlighted and brought into the spotlight one asset that according to him is trading below its real value – Silver. Taking to his Twitter handle, Kiyosaki said that Silver is the most undervalued asset and agreed with Andy Schectman, the head of the precious metals investment business Miles Franklin.
Impending Worldwide Financial Crisis?
Kiyosaki also warned about the possibility of an impending worldwide financial crisis. He said that it is possible for the nation to experience circumstances similar to that of the Great Depression in the 1930s. Additionally, he claimed that conventional investment strategies are probably not going to be enough to shield people from possible financial catastrophes.
Gold & Silver As Investment Assets
The seasoned gold and silver investor suggested investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds but still thinks that gold, silver and Bitcoin are better investments for uncertain times than traditional assets. He urged people to purchase real silver coins worth $25 as a way of protecting themselves against any potential economic collapse or freeze on savings accounts.
Bitcoin Price Predictions
The best-selling author has made huge claims regarding future price predictions for Bitcoin previously as well – predicting that it will soar up to $500000 by 2025 earlier this month.
In conclusion Robert Kiyosaki suggested investing in gold & silver along with bitcoin as precautionary measure against any unforeseen economic collapse or freeze on savings accounts due to impending world wide financial crisis in order safeguard our finances from such calamities .