Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTTobi Opeyemi AmureMon, June 29, 2026 at 10:23 PM GMT+2 6 min readThe hardest thing in investing is not picking the bottom. It is admitting you cannot, then watching someone you respect announce that they just did.Every falling market eventually produces a confident voice declaring the turn is in. Most are early. Some are flat wrong. A few are loud enough that millions act on the call before the chart agrees.The trap underneath it is the one that empties accounts every cycle. Prices slide, conviction wobbles, and a plan to hold for a decade shrinks into a plan to sell by the weekend. Small investors buy near tops and bail near bottoms because they let the number on the screen think for them.For most of this month, one of the most-followed names in personal finance preached the opposite. He told his millions of followers he would not reach for a falling knife in the metals market, and would wait for the charts to confirm a reversal before adding an ounce.Then he changed his mind. Robert Kiyosaki, the author of "Rich Dad Poor Dad," now says gold has made its turn, and he is buying.In a June 26 post on X (the former Twitter), Kiyosaki wrote that gold rose $62 in the day after he bought it and floated a far bigger number for where it goes next."Possibly on a bull run to $35k if Jim Rickards is correct," he wrote, "and I think he is."The reversal matters more than the price tag attached to it. As recently as last week, Kiyosaki was the picture of patience, telling readers he was tracking gold, silver, Bitcoin and Ethereum on charts and would buy only when prices reversed their decline.I covered that stance for TheStreet when he made his stunning prediction on gold and silver, and the through line was unmistakable. He was not calling a bottom. He was waiting for the chart to call one for him.That is the rule he just broke. After a single strong session, he went from watching to buying and from cautious to convinced. When I lined up his June posts in order, the about-face traced a clean line.On June 20, he said he would buy gold, silver, Bitcoin and Ethereum only "when prices reverse their decline," according to TheStreet.On June 24, he was still on the sidelines, posting that gold "continues to drop" as he watched the charts, CaptainAltcoin noted.On June 25, he flipped, writing "GOLD just made the turn" and conceding "I have been wrong," according to IBTimes.On June 26, he said he had bought gold and watched it rise $62 the next day, Finbold reported.The man who spent two weeks warning people not to let price dictate their decisions made a decision off one day of price.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info