ChainCatcher reported that Robert Kiyosaki, author of Rich Dad Poor Dad, said in a post that although gold and silver prices have fallen recently, he will not decide whether to buy or sell assets based only on price. Kiyosaki said he has made many mistakes in the past, including allowing price to affect his investment judgment.
He said he now pays more attention to the “environment” in which an asset is located and the broader macro background, rather than short-term price fluctuations. According to his post, poor global economic management may cause problems to continue worsening.
Against that backdrop, Kiyosaki said he is watching the technical trends of gold, silver, Bitcoin and Ethereum, and is waiting for prices to end their downward trend before buying. He also said the technical charts for gold and silver show the two assets may be in a stage before a large rise, while reminding investors to make their own judgments and not blindly believe other people’s views.