Robert Kiyosaki said he bought more gold and silver during the recent pullback, echoing Jim Rogers’ outspoken prediction on July 17 that both metals are headed higher.
The author of Rich Dad Poor Dad paints this reversion as an opportunity, though critics see familiar dangers.
The brutal retreat behind Kiyosaki’s last call
A bounce is a temporary drop in price within a broader uptrend, different from a complete reversal. Traders watch these pullbacks closely because they often shake out new buyers before the trend resumes.
The latest numbers show why the topic is important. Gold reached a high near $5,405 before It fell back towards $4,006, a decline of approximately 26%.
Follow us on XTo get the latest news as it happens.
Silver moved more violently. Precious metal It rose to $118, then returned to $56, Reducing its peak by more than half.
Kiyosaki quoted Jim Rogers live on X, where he wrote that gold and silver will go to the moon. He added an important warning from a veteran commodities investor.
According to this view, the final increase will not arrive in a straight line. Sharp bounces and extreme volatility should be expected along the way, testing investors’ resolve.
“It is interesting that many ‘scalpers’ buy at the top and then sell at the bottom. I agree with my friend Jim Rogers. During this recent ‘bounce’ or ‘crash’ I bought more gold and silver,” Kiyosaki said. He said On X.
The behavioral point lies at the heart of his argument. Kiyosaki claims that many speculators buy at the highs motivated by fear of missing out, and then panic sell at the lows.
Why are Kiyosaki and Rogers bullish on gold and silver?
Kiyosaki also revealed that he bought more metals during the decline. He indicated that a friend asked him about his reasons to a turbulent global economy And his lack of confidence in central banks and political leaders.
His general position is neither new nor accurate. For years, he has warned about government debt, the depreciation of paper currency, and the continuing erosion of purchasing power through inflation.
Context helps explain to the audience. High national debt, geopolitical tensions, and uncertainties about monetary policy continue to push capital toward safe havens.
For Jim Rogers, gold and silver form the standard duo of recommended hedges. The thesis is that tangible assets have intrinsic value Protecting wealth when institutional confidence deteriorates.
“Gold and silver have been going straight up. I’m not buying right now, but I’m not selling either. If they go down, hopefully I’ll be smart enough to buy more,” Rogers previously said. male.
The counterargument deserves equal space. Precious metals don’t yield anything, and their volatility can punish investors who make data entry mistakes or lack patience.
Kiyosaki himself reiterates that he is not a financial advisor. He encourages readers to research independently and consult professionals before acting on anything he publishes.
Whether the lunar trajectory was achieved remains unproven. Meanwhile, the debate continues to attract the attention of investors concerned about wealth preservation.
Subscribe to our YouTubeA channel to watch leaders and journalists provide expert insights.
this post Robert Kiyosaki and Jim Rogers provide Moonshot forecasts for gold and silver appeared first on BeInCrypto.
