Hi,
I have been watching Robert Kyosaki s youtube videos for some time. As I understand, he predicts that the US dollar will crash and silver (and gold and bitcoin) will go up in price dramatically which could be a great opportunity to profit if you are prepared for that scenario.
I mean, if the US government is printing money as it does, it makes sense to me that hyperinflation could occur.
However, let's assume for a moment that such "an apocalyptic" scenario will not happen for more than a decade or two (we are playing what/if game). Let's assume that people will not bring buch of worthless cash just to buy bread and milk at a grocery store or whatever during hyperinflation. Let's just assume it won't happen soon.
Now I wonder, if I invest in silver right now, is it possible to profit BIG without an "apocalyptic scenario" in the next 5 years or so. I am talking about profit which could be bigger 10+ times more than the initial investment. What do you think?
My strategy would be to just buy and hold until the price comes up.
(I understand that no one knows for sure what will happen, I would just like to know possible scenarios without "apocalyptic hyperinflation")