Still Buying and Selling Based on Price? Rich Dad Says That's a Mistake... "I'll Soon Be Buying This"

Kiyosaki: "Time to Buy Gold, Silver, and Crypto Soon"

"Global Leaders Are Incompetent"

"Understand the Context and Environment, Not Just Asset Prices"

Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad" and a financial expert, claimed that assets such as gold, silver, and Bitcoin—which have been underperforming—are set to rebound soon.

On June 21 (local time), Kiyosaki posted on his X account, "One of the mistakes I repeatedly made in my investment journey was deciding when to buy or sell based on price alone." He continued, "I have learned to understand the context and environment surrounding an asset, not just its price."

For example, he cited real estate investing, explaining, "When I evaluate real estate, I do not just look at the price; I also consider factors such as employment growth rates and the surrounding environment in the area."

Author Robert Kiyosaki. Screenshot from X

Kiyosaki said that when he assesses gold, silver, and Bitcoin, he focuses on the political and business leaders driving the global economy. He stated, "I look at whether they are solving the problems of the U.S. and global economy or making them worse," and emphasized, "I believe global leaders are incompetent and are making the situation even worse."

In other words, he suggests that as the global economy is expected to become more unstable, investors should buy asset classes considered safe havens. Kiyosaki added, "Personally, I am monitoring the technical charts of gold, silver, Bitcoin, and Ethereum and plan to buy when the downward trend ends and a rebound begins." He also asserted, "The technical charts for gold and silver indicate that a major rally may be imminent."

Over the past six months, Bitcoin has dropped by more than 27%, while Ethereum has fallen by 42% over the same period. Meanwhile, gold has declined by 7% over the past month and by 4.7% over the past six months. Silver has posted declines of 13% and 3.4%, respectively, during the same periods.

Kiyosaki urged investors to analyze asset classes for themselves, adding, "The wise will become richer, and the ignorant will do nothing."

This content was produced with the assistance of AI translation services.