Robert Kiyosaki, the author of Rich Dad Poor Dad, claims that silver will go up as a result of the recent increase in gold price. When revealing his intentions on social media, Kiyosaki also stated that he would participate in Vancouver Resources Investor Conference (VRIC) scheduled for the 19th and 20th of January in Canada.
Kiyosaki’s Interest in Silver and VRIC Conference
Kiyosaki’s intention of attending the VRIC is to gather knowledge from the specialists as well as the miners. The conference also offers chances to meet with other professionals in the mining industry, which assist investors to assess first-hand opportunities in investing. According to Kiyosaki, he does not follow Financial Advisors or brokers because he is interested in the opinions of those who have actual mining businesses.
In his announcement, Kiyosaki highlighted silver as his key focus, predicting it will follow gold’s upward trend. He believes events like VRIC allow investors to discover undervalued assets before they rally. “The price of gold has already taken off, and silver will be next,” Kiyosaki wrote.
The VRIC conference takes place annually and is widely regarded as a major resource investment event. Despite a rough economy, Kiyosaki urged attendees to continue to learn, network, and invest at every chance they had.
Kiyosaki’s Advocacy for Gold Price, Silver, and Bitcoin
Kiyosaki continues advocating for gold, silver, and Bitcoin as the best investment in times of crises. He recently disclosed that he has stakes in several gold and silver mines, referring to them as being reliable sources of steady revenue. He often markets these assets as less risky as stocks which he considers to be prone to a crash.
The investor often highlights silver’s affordability compared to gold, making it accessible to a broader audience. Kiyosaki regularly mentions that silver will stay at $20 for 3-5 years then surge to $100 to $500. He believes silver is undervalued and will soon mirror gold’s upward momentum.
Kiyosaki also remains bullish on Bitcoin, which recently reached an all-time high exceeding $106,000. He views Bitcoin as a hedge against inflation and economic instability, alongside precious metals. These three assets, he argues, are well-positioned to outperform traditional markets in the near future.
Economic Concerns and Rising Demand Gold Price Action
Kiyosaki’s renewed focus on silver comes amid growing economic uncertainty worldwide. Rising unemployment and concerns about a potential global recession have driven investors toward “safe haven” assets. Both gold and silver traditionally perform well during economic downturns, offering stability when markets falter.
With gold price already climbing significantly, silver is seen as the next asset to rally. Historical trends suggest silver often lags behind gold price during bull markets but eventually catches up. Kiyosaki’s emphasis on silver aligns with broader market sentiment anticipating increased demand for the metal.
The investor also highlights the importance of tangible assets like mines that generate consistent returns. Unlike paper assets, physical commodities and mining operations are less susceptible to extreme market volatility. This approach appeals to investors seeking long-term stability during periods of financial uncertainty.
Kiyosaki’s Broader Investment Strategy
Robert Kiyosaki consistently advocates for diversifying investments into tangible, inflation-resistant assets. His strategy focuses on gold, silver, and Bitcoin, which he considers superior to fiat currencies and stocks. Kiyosaki frequently warns against growing global debt and the risks posed to traditional financial systems.
His plans to invest in silver align with this philosophy, targeting assets with intrinsic value and growth potential. He views silver mining operations as strategic investments that can generate consistent profits. The VRIC conference, he emphasized, offers access to experts and opportunities to discover high-potential projects.
Bitcoin’s Strength and Broader Market Sentiment
While silver remains his current focus, Kiyosaki continues to support Bitcoin, which recently breached above $106,000.
Bitcoin’s rally highlights increasing investor interest in decentralized assets amid inflation concerns. Kiyosaki sees Bitcoin as a digital alternative to gold, offering similar inflation protection in a digital format.
Bitcoin’s price action reflects strong upward momentum, with technical indicators signaling further growth potential. As global markets face economic pressure, demand for Bitcoin and precious metals is likely to increase. Kiyosaki’s predictions align with broader trends favoring alternative assets during times of financial uncertainty.
Investors watching these markets closely anticipate opportunities for further growth across all three assets.
