The price of silver has skyrocketed to a historic peak, leaving investors questioning whether it's still a prudent time to enter the market. However, renowned author and financial commentator Robert Kiyosaki, a long-time advocate for the white metal, is urging investors not to be scared off by the rally, asserting that it has further room to grow.
Kiyosaki's Bullish Stance: "It's Not Too Late"
In a recent social media post on X, Kiyosaki directly addressed investor concerns as silver prices breached the record high of $84 per ounce. "Is it too late to buy silver? I say 'No'," Kiyosaki stated emphatically. He further revealed his personal strategy, indicating he plans to continue purchasing silver until it reaches $100 per ounce. "I would buy silver up to $100.... Then wait and see," he added.
Kiyosaki, famous for his views on hard assets, currency debasement, and inflation risks, also shared a classic investing proverb: "Pigs get fat. Hogs get slaughtered." This serves as a reminder for disciplined profit-taking rather than giving in to greed-driven speculation. His latest comments build on forecasts he made in late 2025 when silver crossed $72, which he called "great news for gold and silver stackers" but "bad news for fake money savers"—his term for those reliant on fiat currencies.
Market Frenzy: What's Driving Silver Prices Higher?
The surge in silver is backed by powerful market dynamics. On Monday, January 12, silver prices jumped nearly 6% to an all-time high of $84.6090 an ounce. This follows an astonishing 150% gain last year, fueled initially by a historic short squeeze in October. Ongoing tariff concerns continue to restrict metal movement from well-stocked US warehouses, tightening supply.
The rally received an additional boost from a Bloomberg report revealing that US Federal Reserve Chair Jerome Powell received grand jury subpoenas related to his congressional testimony. This development weakened the US dollar, pushing the dollar index down 0.3% to 98.899 and ending a five-day rally. A softer dollar makes dollar-priced commodities like silver more affordable for international buyers, stimulating demand.
Expert Outlook: Where is Silver Headed Next?
Market analysts are closely watching the momentum. Ponmudi R, CEO of Enrich Money, provided a technical and fundamental perspective. "COMEX Silver is trading firm near $83, after marking a lifetime high, and remains well above its moving averages," he noted. He attributed the sustained momentum to rising industrial demand from solar, electric vehicles, artificial intelligence, and electronics, combined with consistent safe-haven investment flows.
While acknowledging that the $83 zone might see periodic profit-taking, Ponmudi suggested that a clear breakout above $85 could trigger a move towards the $90–$95 range. He identified the $78–$80 zone as a strong support base for prices. This analysis aligns with other domestic forecasts, such as Motilal Oswal's expectation for prices to reach ₹3.2 lakh per kg in India.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.