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Robert Kiyosaki addresses the ongoing drop in gold and silver prices. He reflects on his own experience, explaining that one of his mistakes has been allowing price movements to dictate decisions to buy or sell assets.
Kiyosaki emphasizes that understanding the broader environment and context, rather than simply reacting to price changes, is key in making sound investment choices.
Kiyosaki previously noted that gold climbed over $100 in a single day, reaching $4,300 an ounce, and set a long-term price target of $35,000 per ounce by 2035. He also pointed to a 65 percent rise in gold over one year as central banks moved away from U.S. Treasuries and increased gold investments, according to earlier comments. These observations follow his ongoing caution against making investment decisions based on price movements alone.