Robert Kiyosaki has shifted his investment focus from Bitcoin to silver, believing silver to be undervalued and more accessible. He maintains his Bitcoin holdings but has paused new purchases due to its high current price. Kiyosaki is investing in U.S. silver eagles, forecasting a potential price increase, while asserting that silver offers better investment opportunities than gold during economic uncertainty.
Robert Kiyosaki, the renowned financial educator, has recently shifted his investment focus from Bitcoin to silver while pausing new Bitcoin purchases. Despite maintaining his Bitcoin holdings, he emphasizes silver as a more accessible and currently undervalued asset. This decision emerges amidst concerns about Bitcoin’s potential overvaluation, despite its ongoing rally in the cryptocurrency market.
Kiyosaki decided to pause his Bitcoin purchases as its price surpassed $93,700, which reflects a 6% increase and a significant trading volume spike. He believes that profits stem from timely buying opportunities, and while he remains bullish on Bitcoin as a long-term investment, he is cautious about short-term investments due to the asset’s high current valuation.
In line with his focus on silver, Kiyosaki is particularly interested in U.S. silver eagles, perceiving their current price of $35 as representing excellent value. He forecasts that silver prices could potentially double by year-end, predicting a target of $70. His investment strategy underscores the significance of purchasing undervalued assets to capitalise on growth opportunities.
Kiyosaki contends that silver offers superior investment potential compared to gold due to its lower price point and greater profitability prospects. He argues that during economic uncertainty, silver is a more prudent choice compared to other investment alternatives, reinforcing his belief in accumulating real assets.
While Kiyosaki acknowledges the allure of gold, its high price has deterred him from investing at this time. His current focus remains on building significant exposure to silver while adhering to a strategy rooted in market timing and asset valuation to optimise his investment potential.
