Rich Dad Poor Dad author makes surprising silver, gold price forecast
Gold has been one of the best places for investors to make money in 2025. While a weak economy and trade war have taken a sledgehammer to stocks, bonds, and the U.S. Dollar, the yellow metal has delivered gold bugs double-digit returns.
Since the start of the year, gold has surged 25%, including a roughly 15% gain in April. The move in the precious metal has been so significant that gold traded at record highs this week because of strong demand from central banks and Main Street investors.
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The move in gold may have surprised many people, but not Robert Kiyosaki, the author of the best-selling book "Rich Dad, Poor Dad." Kiyosaki, a long-time bull on gold and silver, has been recommending it regularly over the past year.
Now that his bullishness has paid off, Kiyosaki updated his gold and silver outlook this week. Given his success so far, it may be worth paying attention to what he thinks happens to gold and silver next.
Gold stocks have surged in 2025 amid recession worries and a falling U.S. dollar.Image source: Costaseca/Lucas/AFP via Getty Images
Gold rocks higher as Fed falls behind curve
Sticky inflation, rising unemployment, and trade war headwinds could mean the U.S. economy is headed for stagflation or, worse, a recession.
While inflation has declined from above 8% in the summer of 2022, it remains troublesome. In March, the Consumer Price Index showed inflation of 2.4%, which is still north of the Federal Reserve's 2% inflation target.
Related: Veteran analyst sends blunt 11-word message on gold stocks
Worse, tariffs imposed by the White House this month suggest prices could soon be heading higher, further crimping consumers and derailing business spending.
The so-called "Liberation Day" tariff announcement included import taxes much higher than economists expected. While most tariffs have been paused for 90 days, key taxes remain.
For example, a 10% tariff is in place on all imports, and Mexico and Canada face 25% tariffs. Autos are similarly subject to a 25% import tax. Even more striking, the U.S. has slapped a 145% tariff on Chinese imports that's likely to cause surging inflation on everything from clothing to electronics.
The prospect of inflation chipping further away at budgets isn't lost on consumers, given that sentiment has fallen off a cliff.
The University of Michigan's Consumer Sentiment Survey results plummeted 8% in April from March to 52.2. That's the fourth-worst reading in the month of April since 1952. The all-important expectations component of the survey has retreated 32% since January, the worst three-month drop since the 1990 recession. Americans now expect inflation in the year ahead to hit 6.5%, up from 5% last month, and the highest reading since 1981.
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