Stock market turbulence might be unfavorable for equity investors, but it is often beneficial for individuals who invest in precious metals like gold and silver.

Among those who favor precious metals is renowned financial author Robert Kiyosaki. He recently praised silver in a post on the social media platform X.

According to GoBankingRates, Kiyosaki referred to silver in his post as "the best investment bargain" currently available.

"Gold has reached its all-time high," he wrote. "I hold a lot of Bitcoin. And silver is still 50% below its all-time high... currently priced around US$ 35 per troy ounce. I believe silver will double to US$ 70 this year," Kiyosaki explained.

This statement reflects a bold prediction — and many experts might consider it overly optimistic. Since Kiyosaki made that remark, silver prices have actually fallen below US$ 35 per troy ounce. To hit US$ 70, silver would need to surge significantly and quickly.

Is Silver a Good Investment Choice?

Nonetheless, there are several compelling reasons why silver might be a smart investment at the moment.

Like gold, silver is viewed as a safe-haven asset during periods of stock market volatility due to its intrinsic value and widespread industrial applications.

Silver is also considered a hedge against economic uncertainty — and the world has witnessed plenty of that recently, particularly due to former President Donald Trump’s sweeping tariff policies.

"Precious metals, including silver, have benefited from the volatility triggered by the Trump administration’s ongoing tariff threats since the beginning of the year," noted the Investing News Network (INN) in an April blog post.

"These threats have caused turmoil across equity markets and the global financial system, leading more investors to seek safe-haven assets to stabilize their portfolios," INN added.

As a result, silver prices have generally risen throughout 2025, although they have experienced periods of fluctuation.

According to data from Kitco, silver was trading at US$ 32.85 per ounce on the morning of Wednesday, May 7. This represents an increase from its closing price of US$ 28.90 at the end of 2024 — a gain of approximately 14%.