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Robert Kiyosaki acknowledges that gold prices are continuing to drop, admitting his earlier outlook was premature.
In his latest commentary, he reiterates his longer-term belief that gold could reach $35,000 in about 5 years, but cautions that real markets often see significant up and down movements.
Kiyosaki previously pointed to a day when gold climbed more than $100 to reach $4,300 an ounce and maintained a forecast of $35,000 per ounce by 2035 in a recent outlook. He has also highlighted the ongoing decline in gold prices and discussed monitoring broader market signals before making new purchases in a separate commentary. The author continues to update his views as gold's market direction shifts.