Robert Kiyosaki Bets Big on Silver: A Potential 500% Return?

Kiyosaki's Bold Prediction

Robert Kiyosaki, author of the best-selling book 'Rich Dad, Poor Dad', has made a bold statement about investing in silver. With only $100 to invest, Kiyosaki claims he would choose to buy silver coins, predicting that the price of silver will 'explode' by September 2025. According to his prediction, a $100 investment could potentially become $500 within a year.

Historical Context and Price Movement

Looking at the recent price movement, silver has shown significant growth. Over the past 12 months, silver prices have risen by almost 70%. While there have been some fluctuations - with prices stabilizing in September, dropping in October, and then rising again in November - the overall trend has been upward.

Allegations of Market Manipulation

Kiyosaki's confidence in silver is partly based on his belief that silver prices have been manipulated by major financial institutions over the years. He points to past investigations into banks like JPMorgan and Deutsche Bank for practices such as 'spoofing' in the precious metals market. Spoofing involves placing large orders with the intention of canceling them before execution, which can distort market prices.

Investment Advice and Market Sentiment

Despite the criticism and speculation surrounding his predictions, Kiyosaki remains steadfast in his investment strategy. He continues to buy silver and advises investors not to miss out on the potential price surge. This bullish stance on silver is not just based on historical price manipulation but also on the potential for future growth in the precious metals market.