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"Rich Dad, Poor Dad" Author discusses the Best Investment Value today

Published by Karl Martin Karus in category Precious metals on 05.09.2022
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Inflationary pressures, increasing interest rates, and a weakening property market in the United States continue to send worries through the stock market.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has spoken on what he considers to be the “greatest investment deal today.”

What investment classes does Kiosaky believe in?

Gold

  • This is Kiyosaki’s most basic advice. For millennia, gold has served as a safe haven asset. It cannot be produced out of thin air like fiat money, and its value is mainly unaffected by global economic events.
  • In times of crisis, investors frequently gravitate to gold, so it makes sense to get ahead of the crowd.
  • The most direct way to participate in the gold market is to buy gold bullion.
  • As gold prices rise, these miners’ income and earnings rise, which tends to translate into higher share prices. For example, companies such as Barrick Gold, Newmont, and Freeport-McMoRan generally perform well while other industries are struggling.

Silver

  • It’s no surprise that Kiyosaki appreciates silver. Silver, like gold, can be used as a store of value and a hedge against rising interest rates and inflation. During times of uncertainty, it can be a very effective holding. Silver’s price has risen slightly over the last two years.
  • Some of the easiest ways to play silver are through stocks or buying physical Silver coins and bullion via Tavex Sweden – AAA rated company with more than 15 years of experience.
  • Since silver is also widely used as an industrial metal, a downturn in global economic activity could negatively impact silver prices.

Bitcoin

  • Once considered a niche asset, Bitcoin has become more mainstream daily with the whole crypto market.
  • Out of all the crypto assets, Kiyosaki believes in Bitcoin. That’s most likely because Bitcoin is considered a “value preserving” crypto asset. Still extremely volatile.
  • If you don’t like that kind of volatility, you can also invest in blockchain or crypto mining company stocks. Historically they tend to rise even more than bitcoin.

The real problem – bond markets?

The “real problem,” according to Rich Dad Poor Dad author Robert Kiyosaki, is what’s going on in the bond market. Government bond prices surged globally on Friday as lackluster economic data from the United States and Europe fuelled concerns about weakening global growth. During financial hardship, investors often perceive government bonds as safe havens. In other words, rising bond prices frequently indicate negative news for the economy.

“The bond market is 40 times larger than the stock market.” Please focus on bonds rather than equities,” Kiyosaki tweeted on Friday. “There will be a major crash. Take precautions.”

What’s the good news? Kiyosaki also shared insight on how he’s prepared for the impending downfall.

“I’m purchasing additional gold and silver right now and waiting for Bitcoin to fall,” he says in another tweet the same day.

The famed author also predicted that equities and bonds would drop and that a downturn and public turmoil would follow. Furthermore, he warned that inflation may lead to a “Greater Depression.”

What is the Best Investment Value Today? Rich Dad Poor Dad’s author answers:

Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to purchase silver, claiming that the precious metal offers the highest investment value today.

Kiyosaki tweeted Thursday: “Q: What is the best investment value today?” He replied that the answer is silver, noting that gold’s price has climbed above $1,700, but silver has fallen to $20. “I do not touch paper gold or silver ETFs [exchange-traded funds]. I only want real gold or silver coins. Silver is a precious industrial metal. Gold is not. Do not take my word for it. Study precious metals,” he detailed.Robert Kiyosaki tweet
(https://twitter.com/therealkiyosaki)

This was not the first time the well-known author suggested purchasing silver. He warned in July that the US bond market was collapsing, calling it the “biggest bond crash since 1788. He added: “I am buying more gold and silver now and waiting for bitcoin to go lower.”


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