Serial entrepreneur and author Robert Kiyosaki is offering investment guidance to those who do not hold Bitcoin. He recommends considering investments in assets like Bitcoin, gold, and silver, which have historically shown bullish trends. Kiyosaki highlighted the substantial growth in gold prices over the years, reaching an all-time high milestone. He mentioned how investing in gold 24 years ago has proven lucrative for many, including himself. However, he cautioned that the high prices of gold may suggest a pessimistic market outlook, leading investors to shift towards defensive assets. Predicting an imminent stock market crash, Kiyosaki advised investors to focus on acquiring assets like gold, silver, or Bitcoin to protect their portfolios. He emphasized the importance of joining investment clubs, studying the market, and seizing opportunities to ensure financial stability during market downturns. Kiyosaki expressed optimism about Bitcoin’s future, foreseeing a potential price surge to $1 million per coin by 2030. He attributed this prediction to the impact of artificial intelligence on the financial sector, projecting Bitcoin to reach $500,000 by 2025. The article was originally published on U.Today.

Silver (XAG/USD) extended its positive trajectory on Monday by reaching $31.51 per troy ounce in the Asian trading session. The metal’s value climbed for the third consecutive day due to a surge in demand for safe-haven assets, driven by escalating global geopolitical uncertainties. Investors are turning to silver as a safe haven amidst the rising geopolitical risks, which are influencing market sentiment and supporting the upward movement of silver prices. Recent concerns raised by the U.S. Department of State regarding Chinese military activities in the Taiwan Strait and ongoing tensions in the Middle East are contributing to the metal’s appeal as a secure investment during times of crisis. The geopolitical landscape involving major economies such as China is impacting silver’s performance, with historical trends indicating that silver prices tend to increase during periods of heightened global political tensions. The prevailing environment of geopolitical risks and market volatility suggests that silver is likely to experience further gains in the short term. Looking ahead, given the ongoing geopolitical uncertainties, silver is expected to sustain its upward trend, with market demand for secure assets reinforcing its positive outlook. Investor focus will remain on developments in global tensions as a key factor in determining silver’s future price movements. In the short term, silver is anticipated to aim for the $31.54 resistance level, with continued upside potential if it remains above $31.22, while downside risks are evident below $30.81. The technical analysis indicates that as long as silver stays above $31.22, the outlook remains optimistic, but a drop below this level could trigger a more pronounced decline.

The price of silver experienced some downward pressure over the past week, yet it appears that the $30 level is acting as a support once again. Despite the market’s turbulent nature, there are indications that significant resistance at the $32.50 level could lead to a potential double top formation. In case of a downturn, the $30 level is expected to provide a foundation, but a breach below this point could signal a more substantial decline towards the $28 mark. Overall, although the market remains volatile, a general uptrend seems likely given the recent upward momentum. Despite the potential double top formation, there are technical signals indicating a possible breakout. While a positive fundamental catalyst is needed to sustain this upward movement, current technical analysis suggests a bullish outlook, particularly following the market’s late-week response. For more information on economic events, be sure to refer to our economic calendar.

The price of silver is finding support at the $30 level, indicating a strong market floor. Traders are closely monitoring central bank actions and liquidity measures, considering silver’s status as both a precious and industrial metal. Short-term dips near $30 are likely to be supported, with the 50-day EMA providing additional reinforcement. Resistance is expected at the $32.50 level, which could serve as a target for future price movement. A daily close above $32.50 may open the door for further upside potential in the long term. Despite the market’s strength and momentum, traders are advised against short selling silver due to its unpredictable fluctuations. Looking for buying opportunities during price dips could be a favorable strategy in the current market environment.

The price of silver (XAG/USD) is currently at $31.23, showing positive momentum amid a weakening US dollar. This upward trend is driven by expectations of potential interest rate cuts by the Federal Reserve due to a soft labor market. A declining dollar makes silver more appealing to investors, boosting demand and pushing prices higher. Despite encouraging inflation data in the US, the prospect of further rate cuts continues to support silver’s positive trajectory. Investors are focusing on the upcoming US Producer Price Index (PPI) report, waiting to see its impact on silver prices. A higher-than-anticipated PPI figure could strengthen the dollar and limit silver’s gains, while a lower reading may weaken the dollar and further lift silver prices. Additionally, attention is on China’s forthcoming fiscal stimulus measures, which could influence industrial demand for silver. Such developments might temper immediate price surges as investors seek more clarity. While silver’s bullish trend persists, staying informed about economic indicators and global events is crucial for market stability. In the short term, silver is trading at $31.17 due to a softer US dollar and expectations of Fed rate adjustments. The technical outlook suggests a positive momentum as long as silver holds above the $31.22 level, with resistance levels at $31.55, $31.88, and potentially $32.35, and support at $30.81, $30.46, and $30.13.