The Silver Bear Cafe

Why Robert Kiyosaki Says Buy Silver ASAP ‘Even If You Have Very Little Money’
Nicholas Morine

Gold and silver have long been considered as hedge investments against inflation, particularly as both hold intrinsic value across a variety of real-world applications and are relatively scarce.

Silver is notable in this regard, as U.S. News & World Report indicated , as its industrial uses — particularly concerning electronics and healthcare applications — are widespread and growing in scope.

This sentiment was reinforced by Jared Walker, owner-operator of Fluidic Metals, who told GOBankingRates “People should believe in silver’s value because of its real-world use cases. The more that is consumed by industry, particularly tech — as well as people investing in it themselves — the less availability will be seen on the market. This will drive value upwards.”

Robert Kiyosaki Is Bullish on Silver

Finance guru Robert Kiyosaki of “Rich Dad, Poor Dad” fame recently took to X to advise his audience on the matter of buying silver bullion.

“I HATE to say this…. But the banking crash Jim Rickards, Jim Rogers, Ray Dallio and I have been warning you about has started. Even if you have very little money you may still be able to profit from this crash. All you need is a few extra dollars…. Because you can still afford to buy a few real silver coins… before silver double[s] and triple[s],” Kiyosaki wrote.

As Benzinga reported, Kiyosaki has long been bullish on silver’s prospects as an investment metal. In September 2022, Kiyosaki tweeted silver could reach a value of between $100 to $500 per troy ounce in 2023.

While that prediction did not materialize (silver began the year at about $24 per troy ounce in January, and closed out the year at just a bit lower, per StatMuse) silver has performed well in 2024, climbing to $30.57 as of Dec. 16.

Investing in Silver Bullion To Balance a Portfolio, Replace Impulse or Wasteful Spending

When asked about the value of silver bullion in terms of an investment, Walker gestured toward the notion that one could replace a great deal of unwanted clutter in the house — and replace impulse spending — by buying a few ounces of metals instead.

“It’s a form of fiscal restraint and a modest investment,” he said. “Every time, let’s say, you place a take-out order for one person, that’s at least a half-ounce of silver you could have in your safe, instead. Or, instead of spending your hard-earned cash on a fancy electronic toy that will be used once and then take up space in the closet, consider investing in yourself in the long term.”

“I have a belief that everyone deserves to hold assets, it doesn’t matter who you are or how much money you have,” he added.

A previous GOBankingRates report outlined Kiyosaki’s position, with Robert R. Johnson — PhD, CFA, CAIA, Professor of Finance, Heider College of Business, Creighton University — offering an opinion as to silver’s place in an investment portfolio.

“During times of market turmoil, one always hears talking heads espousing the benefits of investing in gold,” Johnson wrote in a 2009 research paper on the subject. His synopsis suggested that while investing in precious metals was a wise way to diversify a portfolio, it may be better to hold positions in the equities of precious metals firms rather than to purchase physical bullion.