Robert Kiyosaki Says Gold May Be Starting $35K Bull Run After Latest Purchase

CN
2 hours ago

Key Takeaways:

    • Gold jumped $62 after Robert Kiyosaki said he bought, as he pointed to technical analysis and a possible market turn.
    • Jim Rickards’ gold forecast underpinned Kiyosaki’s bullish outlook amid rising economic pressure.
    • Kiyosaki also signaled he is watching gold, silver, bitcoin, and ethereum for potential buying opportunities.
  • Gold’s recent price action led Robert Kiyosaki to tell his 2.9 million X followers on June 26 that he believes he may have caught a turning point in the market. The Rich Dad Poor Dad author noted that gold rose after his purchase the previous day and tied the move to New York Times bestselling author Jim Rickards’ projection of significantly higher prices.

    Kiyosaki presented the move as a broader lesson in technical analysis rather than just a price prediction. He encouraged investors to study charts, understand market trends, and evaluate buying conditions, noting that mastering technical analysis can take years of practice. “An important study for you to increase your financial education is Technical Analysis, how understand the up and down of financial markets,” he said.

    On June 26, the famous author shared:

    “ Gold up $62 since I purchased yesterday. Possibly on a bull run to $35K if Jim Rickards is correct… and I think he is.”

    Market timing remained central to Kiyosaki’s posts this week. He used a housing analogy, saying a lower gold price is like a cheaper house, but the key question is whether the surrounding “neighborhood,” or broader economy, is improving or deteriorating before deciding to buy.

    Kiyosaki cited a prediction, which he attributed to Rickards, that gold could reach $35,000 to support his broader bullish outlook on precious metals. He argued that worsening global macroeconomic conditions, expanding debt levels, and continued pressure on the U.S. dollar reinforce the case for higher gold prices.

    While gold remained the focus of his outlook, Kiyosaki included silver in his broader thesis, suggesting both metals could benefit from the same macroeconomic pressures.

    The renowned author said on June 25:

    “I think and I have been wrong, the price of gold and silver are about to rise for a long time. Jim Rickards predicts $35,000 gold in near future.”

    Rickards’ own gold forecast rests on a monetary-equilibrium model rather than a short-term chart call. He previously projected gold could reach $15,000 by 2026, then updated the estimate to more than $27,000, citing U.S. M1 money supply, Treasury gold reserves of about 8,100 metric tonnes, and a 40% gold-backing assumption used historically from 1913 to 1946.

    Kiyosaki also drew on past market cycles to support his position. “The last big bull run began in 2000, and I bought gold at $300,” he said, contrasting that period with what he described as weaker global financial conditions in 2026.

    Bitcoin remains central to Kiyosaki’s hard-asset outlook. He recently said he is watching gold, silver, bitcoin, and ethereum charts for technical reversals and plans to buy after declines turn higher, while urging savers to consider these assets as protection against U.S. dollar weakness. He also warned that debt, inflation, and money creation continue to pressure cash savings, and repeatedly told investors to make independent decisions, keep studying, and research markets themselves as artificial intelligence drives major global changes.

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