Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Akshay Puri

Robert Kiyosaki Says Silver Is Headed to $107. Here Is What Has to Go Wrong for That to Happen

Robert Kiyosaki predicts silver could hit $107 as investors flock to safe-haven assets amid geopolitical and trade uncertainty. (Credit: Gage Skidmore/Flickr | CC BY-SA 2.0)

Silver has a habit of moving quietly and then suddenly commanding attention. This week, it did exactly that. Prices on New York's COMEX pushed to fresh record highs as investors rushed towards traditional safe havens. At the centre of the debate now sits a striking claim from Robert Kiyosaki, the author and investor best known for Rich Dad Poor Dad. He believes silver could rise to $107 an ounce.

The figure is eye-catching. But for such a move to materialise, a series of things would have to go wrong in the global economy and within the silver market itself.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.