Robert Kiyosaki isn't backing down from his bullish stance on gold and silver, even after both metals gave back most of their January advances. The author of Rich Dad Poor Dad said fellow investor Jim Rogers still expects prices to eventually 'go to the moon' despite the recent retracement.
What the metals lost
Gold and silver have surrendered much of the ground they gained in the first weeks of the year. The pullback has been sharp, wiping out what looked like a strong start for precious metals. Kiyosaki didn't specify exact figures, but the decline is enough to test the conviction of even long-term holders.
Kiyosaki's take
Kiyosaki remains confident. He pointed to Rogers' long-standing view that gold and silver are headed much higher. 'Jim Rogers says gold and silver will go to the moon,' Kiyosaki said, repeating the prediction as his own reason for holding on. The two investors have often shared a bearish outlook on paper currencies and a preference for hard assets.
Why the drop matters
The recent sell-off has raised questions about whether the rally was overdone. January's gains had been fueled by expectations of lower interest rates and a weaker dollar. Those bets have since faded as economic data stayed strong and central banks signaled caution. For Kiyosaki, the pullback is just noise in a longer-term trend.
He didn't offer a timeline for the 'moon' move. Rogers, known for his commodity calls, has been predicting a major bull market in raw materials for years. The current retracement, in Kiyosaki's view, is a buying opportunity rather than a reason to flee.
The next few weeks will show whether the metals can stabilize or if the sell-off deepens. Kiyosaki's bet is that they'll eventually soar — but for now, the charts tell a different story.
