As gold and silver prices retreat, Robert Kiyosaki, author of "Rich Dad Poor Dad," stated that he wouldn't make decisions based solely on price declines. He prioritizes the economic environment of the asset over short-term fluctuations, placing Bitcoin, Ethereum, gold, and silver on the same watchlist.
Not just looking at price fluctuations
In his latest statement, Kiyosaki said that a common mistake investors make is treating price alone as the basis for buying and selling. He believes that judging whether an asset is worth allocating must be done within its context.
According to him, real estate should be judged based on job growth and regional conditions; while Bitcoin, Ethereum, gold, and silver should be judged based on political leadership, the state of the banking system, and global economic performance.
He also mentioned that current political and banking regulators have not alleviated economic pressures, but may instead exacerbate the problems. This is a key reason why he continues to monitor the macroeconomic environment.
Waiting for a price reversal
Despite continuing to monitor multiple assets, Kiyosaki did not indicate that he would enter the market immediately. He stated that he is still observing charts and will only consider buying after prices have ended their current decline and more clearly indicated a reversal.
This means that his current stance is closer to waiting for confirmation than making bets during a downtrend. He emphasized that in a phase of high macroeconomic uncertainty, short-term price rallies alone are insufficient to support decision-making.
Regarding gold and silver, he stated that the technical chart signals he uses indicate that these two assets may be preparing for a significant upward move. However, he did not provide a specific timeframe.
Bitcoin remains a key area of observation.
Although his remarks focused heavily on precious metals, Bitcoin remains one of his key assets. Kiyosaki did not release any clear bullish signals, nor did he indicate that the market had completed its correction; instead, he continues to await further confirmation.
He also mentioned Ethereum, indicating that his observations are not limited to a single asset. According to him, Bitcoin's movements will continue to influence the broader crypto market, so future price changes are worth monitoring.
Overall, Kiyosaki's message this time was not a clear statement on operations, but rather an emphasis on focusing on the macro background and trend reversal signals during price pullbacks, rather than being swayed by single-day fluctuations.
