Global silver prices have been on a historical journey, going up to the highest levels nearly every day and breaching the $72-an-ounce landmark not long ago. Silver, with an increase of about 140%, has substantially beaten the performance of several other asset classes, thereby attracting great interest from global investors.
Amid this surge, Rich Dad Poor Dad author and noted critic of fiat currency Robert Kiyosaki shared a striking post on social media platform X. Known for advocating investments in hard assets, Kiyosaki highlighted silver’s rise as a sign of deeper economic concerns.
“Silver has crossed $70. Great news for those who save gold and silver. Bad news for those saving fake money (dollars),” he wrote, warning that inflation continues to erode the value of paper currencies. According to Kiyosaki, as the US dollar keeps losing purchasing power, silver prices could climb as high as $200 per ounce by 2026.
Moreover, he has warned the investors not to let this chance go by, saying that with silver approaching $200, the power of buying with the “fake dollar” will be even less. Although some people might think of his prediction as too rosy or even overstated, the fast increase of silver’s value reflects the strong demand caused by the industrial sector, the uncertainty in macroeconomic factors, and the investment in silver as a safe-haven asset.
The ever-changing markets have made silver’s price increase even sharper, thus confirming its being one of the best performers in the commodities market around the world.
