Odaily reported that Robert Kiyosaki, the author of Rich Dad Poor Dad, commented on recent asset price movements in a new post. He said that although gold and silver prices have fallen recently, he does not decide whether to buy or sell assets based only on price. Kiyosaki said he has made many mistakes in the past, and one of them was allowing price action to influence his investment judgment. He now pays more attention to the “environment” surrounding an asset and the broader macro background, rather than focusing only on short-term price fluctuations.
In the same post, Kiyosaki said global economic management is currently performing poorly, and that this could cause existing problems to continue worsening. Against that backdrop, he is monitoring the technical trends of gold, silver, Bitcoin and Ethereum, and is waiting for prices to finish their downtrends before buying. He also said the technical charts for gold and silver show that both assets may be in a stage before a sharp rise. However, Kiyosaki reminded investors to make their own judgments and not blindly trust other people’s views.