Nevertheless, the Rich Dad, Poor Dad author continues to bet on the precious metal.
By quoting Portfolio Shield’s inventor, Steven Van Metre, Robert Kiyosaki warned that gold prices could be heading toward a massive correction that could slash the value in half.
The bullion skyrocketed when during the early days of the COVID-19 pandemic and topped $2,000 to chart a new all-time high. Its performance since then, though, has been somewhat shaky. It dropped below $1,700 a few months down the line, tried its hand at $2,000 once again in 2022 before another correction brought it back down to $1,600 last November.
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