Silver Investors Beware: Is a Sharp Correction Ahead? Robert Kiyosaki Issues Cautionary Warning

New Delhi:
Renowned author and investor Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has issued a cautionary note for investors eyeing silver amid its recent price surge. Warning that silver may have reached a short-term peak, Kiyosaki said a significant correction could occur before the next major rally, urging investors to remain patient and disciplined.

In a post on social media platform X, Kiyosaki said he is sticking to his long-term strategy. “I will keep buying silver up to $100 and then wait,” he wrote. At present, silver is trading at around $85 per ounce in international markets. He added that if prices decline, he would prefer to wait for clear market signals rather than react impulsively.

Reiterating his long-standing faith in the metal, Kiyosaki recalled buying silver for the first time in 1965 at just $1 per ounce. His conviction strengthened in the early 1990s when prices rose to the $4–5 range, reinforcing his belief in silver as a long-term store of value.

Message for Sellers

Kiyosaki also addressed investors who are booking profits amid rising prices. He noted that many small investors are selling silver as prices climb, a trend that could trigger a market pullback. According to him, excessive selling pressure at higher levels may lead to temporary weakness. He also revealed plans to convert a portion of his silver holdings into gold, signaling a strategic rebalancing rather than an exit from precious metals.

Celebrating $80, But Warning of Volatility

The warning comes shortly after Kiyosaki celebrated silver crossing the $80 mark, reiterating that it is “not too late” to buy for long-term investors. However, he stressed that volatility is inevitable, especially as interest in precious metals rises amid global economic uncertainty and geopolitical tensions, which are pushing investors towards safe-haven assets.

Current Silver Prices

On Tuesday, silver prices saw sharp intraday fluctuations in the domestic market. On the Multi Commodity Exchange (MCX), silver for March delivery initially gained in morning trade, slipped for nearly an hour and a half during the afternoon, and then rebounded. By around 4 pm, silver was trading ₹1,131 higher at ₹2,70,101 per kilogram.

Market experts advise investors to remain cautious, avoid chasing short-term rallies, and align their precious metals exposure with long-term financial goals.