As he continues to warn of a looming large-scale financial collapse, the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki has been recommending particular assets one should accumulate as a hedge against losses.
Indeed, Kiyosaki’s recommendations include alternative investments ranging from precious metals like gold and silver to cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) to the likes of Wagyu cattle and others, and two of these are a particularly good idea to buy today.
#1 Silver
Specifically, one of these no-brainer Robert Kiyosaki assets to buy right now is silver, which has recently neared its highest price in more than a decade, and is going through a fifth consecutive year of supply deficit thanks to its heightened demand in technology and renewable energy sectors.
As such, experts predict the price of silver could continue to advance, breaking the resistance at $30 per ounce while it currently trades at $29.68, up 0.02% on the day, growing 4.73% across the week, while also advancing 5.33% on its monthly chart, as per data on May 17.
Silver price 7-day chart. Source: SilverPrice.org
#2 Ethereum
Another asset that Kiyosaki holds that could be a good opportunity to buy right now is Ethereum, which the popular entrepreneur said he recently purchased for the same reason he has gold, silver, and Bitcoin because he believes “our money is fake.”
In fact, Ethereum has recently surpassed the critical $3,000 level and continues upwards after the Dencun upgrade that led to a 0.38% monthly inflation. Currently, its price is $3,038.43, up 1.19% on the day and gaining 0.34% across the week as it moves to recover from the 0.67% loss on its monthly chart.
Ethereum price 7-day chart. Source: Finbold
Conclusion
Ultimately, some of the ‘Rich Dad’ author’s predictions for commodities have come true in 2023, including about the flagship decentralized finance (DeFi) asset Bitcoin, as well as precious metals gold and silver, so his word carries weight. However, doing one’s own research is critical when investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
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