On the evening of June 24th, well-known investor and best-selling personal finance author Robert Kiyosaki posted a message on the X platform. As is his custom, he expressed excitement about certain assets being "on sale," seemingly "celebrating" the fact that the gold price had fallen below $4,000 per ounce.

Specifically, the author of Rich Dad Poor Dad indicated he is closely monitoring the commodities market for a technical signal to determine when to buy more gold again.

This June 24th post was a follow-up to one he made the previous day, in which he described the drop in the gold price as "good news" and stated he was "waiting for the technical chart to turn" before adding to his holdings.

It is worth noting that Kiyosaki did not detail which specific trends or patterns he is watching for in the charts. Instead, he shifted to explaining the strategy he uses for real estate investments.

Applying the "Rich Dad" Real Estate Mindset to Gold

Kiyosaki explained that if he judges a "neighborhood is going up," he considers buying cheap property. Conversely, if he judges a "neighborhood is going down," he chooses to walk away from the deal.

He then stated that his current analysis of the gold price focuses on identifying the reason for the decline, or more precisely, on judging the overall economic conditions.

Interestingly, he added that if he believes "the economy is going down," he might actually not buy more gold at that time.

When Will Robert Kiyosaki Buy Gold Again?

Previously, the Rich Dad Poor Dad author has consistently viewed gold, Bitcoin, silver, and Ethereum as safe-haven assets against an economic downturn. He frequently refers to fiat currency (the U.S. dollar) as "fake money," his primary crypto assets as "people's money," and the two precious metals as "God's money."

However, he did not explain why, during economic hardship, gold might no longer seem like a hedge worth buying more of to him.

Nevertheless, he reiterated that he would continue buying gold when the right opportunity presents itself, emphasizing that he bought most of his gold around the year 2000 at a price of approximately $300 per ounce.