Kiyosaki Picks Silver Over Gold as US Debt Nears $40 Trillion

Robert Kiyosaki, the author of Rich Dad Poor Dad, used a post on X to name silver as his preferred investment for August 2026, choosing it over gold even though he remains bullish on both metals. His argument centers on the US national debt, which he says is closing in on $40 trillion — a figure he contrasts with the roughly $9.5 trillion the country owed before the 2008 financial crisis, framing the intervening growth as the core reason to hold hard assets rather than cash.

"$40 TRILLION US NATIONAL soon!! Q: What are you doing about it?" Kiyosaki wrote, before pointing to price forecasts from market commentator Jim Rickards. "Friends who are much smarter than me, such as Jim Rickards are predicting $200 an ounce for silver and $10,000 an ounce gold soon. Of the two…. I think silver is the best choice in August 2026."

The Case for Silver Specifically

Kiyosaki's preference for silver over gold isn't just about the debt backdrop — he's pointed previously to silver's dual role as both a monetary metal and an industrial input, with demand coming from solar panel manufacturing and electrical grid buildouts alongside its traditional store-of-value use. That combination, in his framing, gives silver a demand base gold doesn't have, which he argues could let it outperform on a percentage basis even though gold trades at a far higher price per ounce.

Related: Investor Ross Gerber Says Gold Beats Bitcoin on Real-World Use

The Metal Has Already Been Moving

Silver hasn't been standing still while Kiyosaki made his case. Commodity market data shows the metal traded above $66 an ounce in mid-August, up more than 70% year-over-year, with the run-up attributed to strong industrial demand from solar and grid investment alongside shifting monetary policy expectations. That backdrop lends some real-world support to Rickards' $200 target cited in Kiyosaki's post, even though it would still require roughly triple the metal's current price to get there.

Debt, Debasement and Hard Assets

Kiyosaki's broader investment philosophy leans on concern about government debt accumulation and currency debasement eroding the value of cash savings. He has consistently advocated for assets with limited supply — precious metals alongside Bitcoin and Ethereum — as a hedge against that erosion, and has said he prefers buying into market weakness rather than chasing rallies already underway. His August pick fits that pattern: naming silver specifically, rather than gold or crypto, as the asset he sees as most attractively positioned for the month ahead.