Robert Kiyosaki said he bought more gold and silver during his recent release, echoing Jim Rogers’s vague prediction on July 17 that both metals are heading to the top.
The author of “Rich Dad Poor Dad” frames the review as an opportunity, although critics see a well-known danger.
The Brutal Pullback Behind Kiyosaki’s Latest Song
A retracement is a temporary decline in prices within a larger uptrend, as opposed to a full reversal. Marketers watch these promotions closely because they often shake up potential buyers before they happen.
The latest numbers show why the topic is important. Gold touched a level near $5,405 earlier back to $4,006, down nearly 26%.
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Silver moved more forcefully. A precious metal it rose to $118, then returned to $56, cut its tip and more than half.
Kiyosaki quoted Jim Rogers directly on X, writing that gold and silver are going to the moon. He added an important warning from a veteran investor.
According to that idea, the final increase will not come directly. High returns and high volatility should be expected along the way, testing the investor’s resolve.
“Interestingly, many ‘speculators’ buy at the TOP and sell at the BOTTOM. I agree with my friend Jim Rogers. During the last ‘return’ or ‘crash’ I bought a lot of gold and silver,” Kiyosaki said. he said on X.
A moral principle is at the center of his argument. Kiyosaki says many speculators buy at the peak for fear of missing out, then sell at the low.
Why Kiyosaki and Rogers are Bullish on Gold and Silver
Kiyosaki also revealed that he bought a lot of metal during the crash. When asked by his friend for his reasoning, he pointed to the global financial crisis and his distrust of central bankers and political leaders.
His overall position is neither unusual nor hidden. For years, he has been warning about government debt, the devaluation of fiat currencies, and the continued erosion of purchasing power by inflation.
Prepositions and postpositions help define the audience. Rising national debt, international tensions, and financial uncertainty continue to drive investment into seemingly safe havens.
For Jim Rogers, Gold and silver make up his accepted pair. The thesis states that tangible assets have value protect resources when trust in the organization declines.
“Gold and silver are going straight. I’m not buying now, but I’m not selling either. If it goes down, I hope I’m smart enough to buy more,” Rogers said. he realized.
The counterargument deserves an equal place. Precious metals don’t yield anything, and their volatility can punish investors who make poor notes or are impatient.
Kiyosaki himself reiterates that he is not a financial advisor. He encourages readers to do their own research and consult with experts before committing to anything they publish.
It has not been confirmed whether the lunar orbit will occur. The argument, however, continues to draw attention to investors who are worried about saving money.
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A note Robert Kiyosaki and Jim Rogers Give Monthly Forecasts for Gold and Silver appeared for the first time BeInCrypto.
