For three consecutive trading days, silver has reached new highs, surpassing $45, $46, and now $47. On September 29, 2025, silver prices climbed to $47.05 per ounce, marking a 2.13% daily increase and a 50.61% rise from the previous year. This growth is attributed to strong industrial demand and supply shortages. In 2024, industrial consumption outpaced supply by 182 million ounces, with Russia signaling plans to invest $535 million in silver over three years.
Robert Kiyosaki, known for his book Rich Dad, Poor Dad, recently claimed that silver could multiply fivefold from current levels, targeting a price near $250. This assertion aligns with long-term predictions made by Bo Polny, who has consistently advocated for similar outcomes. Gold also reached record highs, though the text does not elaborate on perspectives opposing cryptocurrency.
The author emphasizes that early investors in gold and silver have seen significant returns, citing past skepticism about silver exceeding $30. Despite these gains, the article suggests opportunities remain, highlighting the potential to acquire physical gold and silver without upfront costs. It underscores risks associated with paper-based investments like exchange-traded funds, warning of their vulnerability to collapse.
Two companies are recommended for purchasing physical precious metals: Miles Franklin, offering bullion bars and coins, and Genesis Gold, specializing in IRA-eligible assets. Both emphasize personalized service and secure storage. The text concludes with a focus on financial preparedness amid economic uncertainty.