Spot silver pushed above $85 per ounce and set another record high, extending its strong run. Citing Trading View data, the source said silver was trading at about $85.875 per ounce at the time of writing, with a daily gain of more than 7%.
Silver extends rally and reaches a new record zone
The move took place in the early hours of Jan. 13, when spot silver climbed through the $85 level and continued its advance. The rally reflects strong demand for precious metals, with silver now trading in territory not seen before. Price action has stayed aggressive, and the latest breakout added to the momentum already built over the course of 2025.
Kiyosaki says silver is near a top in the short term
Robert Kiyosaki, author of Rich Dad Poor Dad and a long-time supporter of gold, silver, and Bitcoin, posted on X with a warning for traders. His message was blunt: silver is close to a top, and before it moves higher again, the market could see a major pullback. He framed the current setup as one that calls for caution rather than celebration.
That warning stands out because it comes at the same time silver is making fresh highs. Kiyosaki did not say his long-term view had changed. He focused on the possibility that a sharp correction could hit first, especially after such a fast rise.
Still buying silver until it reaches $100
Even with that caution, Kiyosaki said he would keep buying silver until the price reaches $100 per ounce. After that point, he plans to wait instead of trading in and out. He also said that if silver drops hard, he would not panic sell. He would watch for market signals and decide his next move only after the market shows it.
He linked that view to his long history with the metal. According to the source, Kiyosaki began buying silver in 1965 at about $1 per ounce. In 1990, when silver recovered to around $4 to $5, he became a committed supporter of the asset.
Profit-taking risk is part of his warning
Kiyosaki also pointed to market behavior as a source of downside risk. As silver rises, more speculators may decide to lock in gains, and concentrated selling could become the trigger for a drop. He repeated one of his well-known investing lines from Rich Dad Poor Dad: pigs get fat, but hogs get slaughtered.
He also restated his skepticism toward fiat money. In his view, selling silver for U.S. dollars is not a smart move, and he said he would rather exchange silver for gold than move back into cash.