Robert Kiyosaki recommends investing in silver and Ethereum

According to PANews, Robert Kiyosaki, author of “Rich Dad Poor Dad,” recently published about an imminent economic collapse that, according to him, will happen this year. For a long time, I have advocated investing in gold, silver, and, more recently, in cryptocurrencies. He now considers silver and Ethereum to be the best options, citing their functions as stores of value and their extensive industrial applications, along with their affordability.

The truth is that his apocalyptic predictions have been repeating for years. As a commentator rightly points out, “Kiyosaki has been saying the same thing for 15 years, simply to maintain the sale of his books. A broken clock shows the correct time 2 times in 24 hours.”

I wonder if he really believes in what he says or if he is just trying to maintain his media relevance. Ethereum at $3600 can hardly be considered an “accessible store of value” for the average investor.

Some users seem more sensible when they comment that “the safest is cash, waiting for the right moment” as “the decline has begun and we are gradually going down with moments of rebound”. Others compare ETH to “a desktop computer - too bulky and too slow”.

Personally, I feel that these recommendations always come when it is already too late for the small investor. The real winners are those who buy before “gurus” like Kiyosaki make their public announcements.