Robert Kiyosaki, author of "Rich Dad, Poor Dad," has made a bold prediction about silver. He predicts that silver prices could surge significantly in the near future, reaching $200 per ounce by 2026. He has previously advised people to invest in silver. Now, his latest claim has created a stir in the market.

These posts created a stir

Robert Kiyosaki wrote in his post, "Silver price is $70 per ounce. Good news for gold and silver buyers. Bad news for counterfeiters. Silver at $70 could signal hyperinflation in five years, as the value of counterfeit dollars is steadily declining. Don't be a loser. The purchasing power of counterfeit dollars will continue to decline, as silver will reach $200 in 2026. From this perspective, silver prices could see a more than three-fold increase next year."

These prices are currently running

Last month, when silver was trading around $50 per ounce in the international market, Robert Kiyosaki predicted it would soon reach $70, which has now come true. If silver crosses the $200 per ounce mark next year, investors' profits will increase significantly. Currently, silver is available at Rs 233,100 per kilogram. Speaking of gold, 10 grams of 24-carat gold is available at Rs 138,940.

Why did Kiyosaki make this prediction?

Silver use is growing rapidly. Kiyosaki says silver mining is limited, and new supply is less than demand.
This supply-demand gap can cause prices to rise. He often says that inflation, government debt, and money printing weaken fiat currencies, making gold and silver a safe haven. According to Kiyosaki, silver is currently cheaper than gold, but its use is much greater, so it has greater upside potential.

 PC:Punjab Kesari