Robert Kiyozaki looked at the gold at a high level last week and claimed that the price of the gold had been reversed, but only a few days later publicly admitted his short-line judgement error. This change is rapidly raising market concerns and also reflects the fact that short-term point judgements and long-term trend expectations are often inconsistent.

First bitcoin, then gold.

On 20 June, Kiyozaki stated that he was also concerned about the technological developments in bitcoin and gold and planned to buy them after the fall. However, in the following days, his statements were gradually shifting to precious metals, and there was a marked decrease in the discussion of encrypted assets.

By 24 June, he further explained that the decline in prices did not in itself constitute an automatic purchase point, and that assets were judged in terms of their overall economic environment, rather than in terms of price charts.

Inverted signal on 25th June.

On 25 June, Kiyozaki wrote that the gold “has been turned” and indicated that gold and silver could enter a cattle market cycle that lasted longer. This time, unlike before, he almost exclusively spoke of precious metals and did not continue with his Bitcoin-related judgement.

He also reiterated the long-term goal at the time that gold prices could eventually rise to $35,000 against the backdrop of continued global debt expansion. Two days later, on 26 June, he reinforced that judgement, stating that the price of gold had risen by $62 since his letter and that he might have found a staged bottom through technical analysis.

  • June 25: claims that gold has been reversed
  • 26 June: termed or determined the stage bottom
  • Long-term target: increase to $35,000 over the next five years

June 29th, changing the sentence to acknowledge misjudgement.

However, this optimistic judgement has not lasted long. On 29 June, Kiyozaki again spoke, admitting directly that he was “mistakeful” and saying that gold was still falling.

Instead of defending his earlier judgement, he described the error as a common feature in the investment process. At the same time, he maintained his position on the long-term movement of gold and maintained that the judgement of reaching $35,000 over the next five years remained unchanged.

This inversion again demonstrates that short-term market fluctuations are often difficult to grasp and that even well-known individuals who look at a large number of assets over a long period of time may be misjudged at specific points of time.