Why ‘Rich Dad’ Robert Kiyosaki Is Buying Silver Right Now — Should You Invest, Too?

Stock market turbulence might be bad for equity investors, but it’s usually good for people who invest in precious metals such as silver and gold. Among the latter is financial author Robert Kiyosaki, who recently praised silver in a post on X.

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Is Silver a Good Buy?Recession Wild Card

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In the post, dated April 22, Kiyosaki called silver the “biggest investment bargain” today.

“Gold has already hit all time highs,” he wrote. “I have plenty of Bitcoin. And silver is still 50% below its all time high … today about $35 [an ounce]. I believe silver will [increase] 2X to $70 this year.”

That’s a pretty bold prediction — and one many experts might find overly optimistic. Since Kiyosaki wrote those words, the price of silver has fallen below $35 an ounce. It would have to skyrocket in a hurry to reach $70.

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Is Silver a Good Buy?

However, there are reasons silver might be a good investment right now.

Like gold, silver is considered a safe haven when stocks are volatile because of the metal’s inherent value and its application in different industries. Silver is also considered a hedge against economic uncertainty, and the world has seen plenty of that due to President Donald Trump’s sweeping tariff plans.

“Precious metals, including silver, have benefited from the volatility created by the Trump administration’s constant tariff threats since the beginning of the year,” the Investing News Network (INN) noted in an April blog. “These threats have caused chaos throughout global equity and financial markets, prompting more investors to seek safe-haven assets to stabilize their portfolios.”

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The upshot is that silver prices have mostly been on the rise in 2025 despite occasional choppiness. Silver traded at $32.85 an ounce as of early Wednesday, May 7, according to data from Kitco. That’s up from $28.90 at the close of 2024 — a gain of about 14%.

That’s a very strong gain when compared with the stock markets, which are down for the year despite recent momentum. But silver’s price gain still lags behind that of gold, which could be why Kiyosaki calls silver a “bargain.”

Recession Wild Card

As Barron’s reported this week, market dynamics could be shifting in silver’s favor. A recent Wall Street winning streak led some investors to sell gold because its price has risen so high.

One advantage silver has over gold is that it has a “wider range” of industrial uses, Barron’s noted. This could help boost its price in the coming months, which means buying now would be a profitable move.

But there is an important wild card to consider: the economy. One fear is that Trump’s tariffs will create a global trade war that will ultimately lead to a recession. This, in turn, could cause a slowdown in global manufacturing, which would lower demand for silver’s industrial uses and send its price south.

So far, that hasn’t happened. But things could change quickly if Trump’s tariffs lead to a trade war.

“There is a lot of concern regarding industrial demand, as tariffs could cause demand destruction as costs go up,” Peter Krauth, editor of the Silver Stock Investor told the INN last month.

This scenario could lead to lower silver prices a few months down the road. For now, though, silver continues to trend higher, and many experts suggest it is still a good time to buy.

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