It appears many investors are overlooking an investment opportunity with a well-known precious metal, according to Robert Kiyosaki, author of "Rich Dad, Poor Dad."
Silver is the most undervalued asset in a generation, according to Kiyosaki in a twitter post.
As an investment option, Kiyosaki has recommended silver. Among his tweets last year, he mentioned that he had purchased much more US silver Buffalo rounds to profit from the crash of the US dollar. A bargain can be found in silver.
During the next three to five years, silver is expected to move sideways at around $20 and then rally to $100 to $500.
Even the destitute can afford silver. Gather silver right away, he said.
According to Kiyosaki, the world economy is in danger of collapsing and there may be a situation in the country similar to the Great Depression in the 1930s.
“Please. Please, kindly. The global economy is in danger of failing. Bank runs could follow? Money frozen? Next, a bail-in? You can purchase a genuine silver coin for roughly $25, he tweeted. Please be careful.
He tweeted, "I still believe gold, silver, and Bitcoin are the best for unsteady times, even though prices will just go up and down. Take care. I have been saying for years that saving cash and placing it in a well-diversified mix of stocks, bonds, mutual funds, and exchange-traded funds is dangerous advice. Today, [it's still] very risky advice.
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