On June 25, the prominent investor and best-selling personal finance writer Robert Kiyosaki took to X to retract his previous doubts in Gold’s future and announce he would be purchasing more of the commodity.
Notably, one day earlier, on Wednesday, the author made a social media post hinting that he would not be buying more of the yellow metal for the foreseeable future.
While vague in the post, Kiyosaki implied he remains unconvinced about the future of the U.S. economy and that he would hold off on investing until the outlook shifts.
In stark contrast to the June 24 comments, the investor declared that he believes that both gold and Silver are about to begin a long-term rally while also harkening to a Jim Rickards prediction about the yellow metal reaching $35,000.
Notably, on June 15, Robert Kiyosaki himself predicted gold would hit the exact same price by 2035, hinting that his assessment was rooted in the symmetry between the forecasted value and the year.
Additionally, the ‘Rich Dad Poor Dad’ author used the June 25 post to reiterate his belief in the commodity being the only real form of money, citing JP Morgan’s statement that ‘everything else is credit.’
Why did Robert Kiyosaki decide to buy more Gold?
Elsewhere, Robert Kiyosaki appears to have been prompted to change his attitude toward buying gold by a shift in the commodities market. Indeed, the initial, more bearish assessment came shortly after the yellow metal dropped below $4,000.
Meanwhile, the subsequent retraction came just as gold climbed back above the $4,000 mark.
Still, despite the recovery, it remains notable that gold is, overall, down in 2026. Not only has the commodity declined 6.42% year-to-date (YTD), but it is also, with its press time price of $4,049, approximately 26% below the highs it recorded in late January.
Lastly, should Robert Kiyosaki’s latest prediction come true, the famed author could enjoy remarkable profits in the coming years on a traditionally stable asset.
According to the investor’s own claims, he purchased the bulk of his holdings around the turn of the century at approximately $300 per ounce.
Under the circumstances, he has made a $3,750 in profit per ounce on much of his gold already by press time on June 26 and will have made $34,700 in profit – for a 11,566% rise – should the $35,000 target be reached.
Featured image via Cavaleria Com YouTube
