ChainCatcher reported that Rich Dad Poor Dad author Robert Kiyosaki said in a post that, despite recent declines in gold and silver prices, he will 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 movements to influence his investment judgment.
According to his remarks, he now pays more attention to the “environment” in which an asset sits and to the broader macro background, rather than focusing on short-term price fluctuations. He said current global economic management has performed poorly and may lead to problems continuing to worsen.
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 that both may be in a stage before a large rise. At the same time, he reminded investors to make their own judgments and not blindly trust other people’s views.