Gold vs Silver vs Bitcoin: Robert Kiyosaki Weighs What’s Better At This Point

Robert Kiyosaki, the author of the popular ‘Rich Dad Poor Dad’ book has once again shared his bullish outlook over precious metals like Gold and Silver, as well hope around Bitcoin.
In his recent tweet, Robert Kiyosaki explains that Gold and silver are precious metals believed to be gifts from God. However, gold is much more costly than silver. Silver, which is used in industries and becoming scarcer, seems like a better value to me for long-term investment. The great thing is, anyone can invest in silver, he adds.
Currently, Gold is trading at a price of $1,195 per ounce in the US. On the other hand, the spot Silver price is currently at $22.69 per ounce.
Gold &Silver Gods$ put on earth by God. Problem gold is multple X more expensive than silver. Silver an industrial precious metal growing more rare as used up. To me silver is better bargain as long term investment. Best of all everyone can silver. Get it? Got it? B4Gone?
— Robert Kiyosaki (@theRealKiyosaki) August 14, 2023
While Gold has a higher barrier to entry, the same is not the case with Silver and of course Bitcoin. Kiyosaki has been bullish throughout the year on Gold, Silver, and BBTC citing fragility in the US economy. He also noted that with America’s debt going up, the value of the US Dollar is likely to erode with time and Gold, Silver, and Bitcoin shall play a greater role here.
Last month, Robert Kiyosaki stated that he expects the Bitcoin price to reach $120,000 in the near term. He expects BTC to hit this milestone as soon as the next year in 2024. As we know, the Bitcoin blockchain will be undergoing halving in mid-2024 and thus many analysts are already bullish about the price rally.
Analysts Views on Gold and Bitcoin
Top leaders from global financial companies have shared their opinions on Bitcoin. BlackRock CEO Larry Fink recently showered praise on Bitcoin after applying for spot Bitcoin ETF in June this year.
Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has shared his perspective on the ongoing debate between Bitcoin and gold. Notably bullish on gold, Dalio expressed his preference for gold over Bitcoin.
Despite holding a small amount of BTC, he believes that Bitcoin’s role as digital gold is unproven due to its volatility, which raises concerns about its suitability as a store of value or currency. In contrast, Dalio values gold’s stability, historical reliability, scarcity, and inherent value, making it a trusted asset for wealth preservation over thousands of years.
- Is This Final Bitcoin Price Correction Before US Shutdown Ends, Fed Rate Cuts?
- Blockchain for Good Alliance and UNDP AltFinLab Launch Blockchain Impact Forum
- ‘Trump Insider Whale’ Increases Bitcoin Short As U.S. Counters China in New Australia Deal
- Trump Advisor Hints US Government Shutdown Could End This Week, Opening Door for XRP ETF Ruling
- Ethereum’s Vitalik Buterin Responds to Allegations of Excessive Control By ETH Inner Circle
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
- Pi Coin Price Eyes 50% Upswing As AI-Powered App Studio Update Ignites Optimism
- Bitcoin Price Prediction as Gaussian Channel Turns Green Amid U.S.–China Trade Progress and Fed Rate Cut Hopes
- Solana Price Prediction: Analyst Notes Bearish Breakdown Amid Derivatives Slowdown
- Shiba Inu Price Eyes Recovery as Burn Rate Jumps 10,785% – Can SHIB Hit $0.000016?