Robert Kiyosaki Predicts Silver to Double in 2023, Outperform Bitcoin and Gold

Renowned entrepreneur Robert Kiyosaki has endorsed silver as the "hottest investment today," citing a significant demand-supply imbalance, particularly for industrial use. He predicts silver could double in value this year, reaching at least $70 per ounce, up from its current $34 per ounce. Kiyosaki, known for his financial wisdom, believes silver remains undervalued compared to its 2011 peak of $49.79.

Why Silver Stands Out

Kiyosaki emphasizes that silver's industrial demand far exceeds its supply, making it a compelling investment. Unlike gold, which recently surpassed $3,115 per ounce, silver is still 60% below its historic high. He has personally invested heavily in silver and encourages others to do the same, stating that anyone can afford to buy silver coins and build wealth gradually.

Investment Strategy

Kiyosaki prefers silver over fiat currency, which he calls "fake money." He believes silver, along with Bitcoin and gold, serves as a safe-haven asset. However, he clarifies that the perceived price increases in these assets are actually a reflection of the declining value of fiat currencies.

Bitcoin and Gold Insights

While Kiyosaki remains bullish on Bitcoin, he notes that its price growth is illusionary, driven by the devaluation of traditional currencies. He views gold and Bitcoin as long-term investments but positions silver as the top choice for the next two months, expecting it to reach a new all-time high within two years.

Kiyosaki's insights offer a clear roadmap for investors looking to capitalize on the current market trends.