Robert Kiyosaki, author of Rich Dad Poor Dad, says he is stepping back from buying Bitcoin, gold, and silver for now.
Instead of focusing on short-term price swings, Kiyosaki argues that the greater risk for investors lies in the expanding U.S. debt burden. He shared this perspective in a recent post on X, outlining both his investment strategy and broader economic concerns.
Key Points
- Kiyosaki believes U.S. fiscal instability, not short-term price swings, is the biggest market risk.
- He has paused new purchases of Bitcoin, gold, and silver, waiting for clear market bottoms.
- Kiyosaki previously bought silver, Bitcoin, and gold at historically low levels and sold portions recently for tax planning.
- He sets specific buy triggers: silver at $74 and gold at $4,000 per ounce.
- Cryptocurrencies and precious metals remain highly volatile, with Bitcoin down 8.3% in 24 hours and ETFs showing sharp swings.
U.S. Debt Emerges as Central Market Concern
Kiyosaki framed the U.S. fiscal outlook as the most pressing issue facing markets today. According to him, the national debt has climbed to roughly $38 trillion. When future obligations are taken into account, he said the number rises dramatically. Programs such as Social Security and Medicare, he noted, push total long-term liabilities close to $250 trillion.
In his view, these figures point to deeper structural weaknesses. In the same post, Kiyosaki criticized the Federal Reserve, political leaders, and major financial institutions, arguing that policy failures and poor governance have eroded confidence in the system.
These comments are consistent with his long-standing skepticism toward fiat currencies and centralized monetary control.
Waiting for Clear Market Bottoms
Against this backdrop, Kiyosaki explained why he is avoiding new purchases for the time being. He said he previously bought silver near $60, Bitcoin around $6,000, and gold close to $300.
More recently, he sold portions of his Bitcoin and gold holdings, a move he attributed to tax planning rather than a change in his long-term outlook. For now, he prefers to remain patient, saying he is waiting for prices to establish fresh bottoms before re-entering the market.
His cautious stance comes amid renewed volatility in cryptocurrencies. Bitcoin fell to about $60,100 on Thursday before rebounding to roughly $65,238 by Friday morning. Even after the recovery, it remained down 8.3% over the prior 24 hours, according to CoinGecko data.
Mixed Signals in Precious Metals
Precious metals showed uneven performance during the same period. Gold traded near $4,853 per ounce, gaining about 1.5% on the day. Simultaneously, the SPDR Gold Shares ETF declined 0.92% in extended trading. The drop follows a 2.6% retreat during regular market hours, underscoring the divergent sentiment across gold-related assets.
Silver followed a similar pattern. Spot prices climbed to around $73, up more than 2.5%, while the iShares Silver Trust recorded steep losses. The ETF fell more than 15% during the regular session and continued to decline overnight, underscoring persistent volatility in silver-linked products.
Within this environment, Kiyosaki outlined specific price levels that would renew his interest. He said he would consider buying more silver if prices reached $74 and pointed to $4,000 per ounce as a potential entry level for gold.
These targets, he suggested, reflect his belief that profits are determined at the time of purchase, not at the point of sale.
Return to Discipline and Patience
Kiyosaki closed by reinforcing themes familiar to his audience. Specifically, he reiterated a core lesson from Rich Dad Poor Dad: money is made when assets are bought wisely, not when they are sold. Furthermore, he cautioned investors against chasing rallies, a warning he has frequently shared in past commentary.
Kiyosaki added that his current portfolio already includes enough Ethereum. While he left open the possibility of increasing that position later, he said no immediate action is planned. Kiyosaki concluded by saying he would announce publicly when he begins buying again, offering followers a clear signal when his strategy shifts.
cryptopolitan.com
coindesk.com