Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
One chart shows how much more data center jobs pay than other gigs

One chart shows how much more data center jobs pay than other gigs

August 26, 2026
Dolly Parton’s letter to Eminem shows how to make a connection that lasts

Dolly Parton’s letter to Eminem shows how to make a connection that lasts

August 26, 2026
Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

August 26, 2026
Australia’s social media ban for teens is going, uh, pretty badly

Australia’s social media ban for teens is going, uh, pretty badly

August 26, 2026
Stanley Druckenmiller’s AI writing has split Wall Street down the middle

Stanley Druckenmiller’s AI writing has split Wall Street down the middle

August 26, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
August 26, 2026 3:11 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » ‘Rich Dad Poor Dad’ Author Predicted Gold Would Reach $27,000. It Hit $5,600, Then Fell to $4,000. Was He Really Wrong?
‘Rich Dad Poor Dad’ Author Predicted Gold Would Reach ,000. It Hit ,600, Then Fell to ,000. Was He Really Wrong?
Saving

‘Rich Dad Poor Dad’ Author Predicted Gold Would Reach $27,000. It Hit $5,600, Then Fell to $4,000. Was He Really Wrong?

News RoomBy News RoomJuly 1, 20265 ViewsNo Comments

In January 2026, Robert Kiyosaki posted an exuberant message to his millions of followers on X:

“Gold soars over $5,000. Yay!!!! Future for gold $27,000.”

That week, gold was trading near $5,005. Five months later, in June 2026, gold was trading around $4,000.

Did he really mean gold would climb nearly sixfold? Or was he making a different point entirely?

What he actually meant

Kiyosaki has been bullish on gold for years, and the reasoning rarely changes: Government debt keeps expanding, inflation keeps grinding, and the government keeps creating dollars. Hard assets, in his telling, are where you hide from all three.

The $5,000 milestone, when it arrived in late January, validated the direction he had been pointing to for a long time.

The $27,000 figure is borrowed. Kiyosaki ties it to macro strategist Jim Rickards, who argues that if the dollar ever returned to gold backing, the metal would have to reprice dramatically to cover all the currency now in circulation.

It is a hypothetical built on a hypothetical: a monetary regime change that no one in Washington is proposing, priced to a number that assumes it happens.

The part that gets left out

Kiyosaki will tell you $27,000 was never a this-year prediction. He says short-term swings do not influence him, and that he keeps buying gold, silver and bitcoin regardless of the price on any given Tuesday. Fair enough.

But “long-term” is carrying a heavy load here. Gold did not drift sideways after his post. It reached a January record, with Trading Economics reporting an all-time high of $5,608.35, then it fell to near $4,000 by late June. A long-term call can survive a dip. It is the distance that strains this one: From here, $27,000 is more than a sixfold climb.

Why gold fell

Inflation worries tied to the U.S.-Iran conflict lifted rate fears, the dollar strengthened, and speculative money that piled in during the run started moving back out. The World Gold Council said March was gold’s weakest month since June 2013. Exchange-traded fund demand cooled sharply after earlier strength. Around June 20, Goldman Sachs cut its year-end target by $500.

None of this means gold is a bad place to keep money. Central banks are still buying, and major banks still see it higher over time. JPMorgan has projected gold averaging $6,000 in the final quarter of 2026 and rising toward $6,300 by the end of 2027.

Set that beside Kiyosaki’s borrowed figure: Even a bullish Wall Street target near $6,000 is less than a quarter of $27,000.

The number was the problem, not the metal

Here is a useful distinction for anyone holding gold or considering it. There is owning the asset, and there is chasing a price someone posted on social media. They are not the same activity.

Act on the headline number, and you are betting it comes true. The targets keep getting bigger: $27,000 gold, $200 silver, $250,000 bitcoin. The person who simply holds gold as one steady piece of a retirement plan is making no such bet. It does not matter what Kiyosaki posted in January, and gold need not reach $27,000 to have done its job.

That is the unglamorous advantage of treating gold as ballast rather than a lottery ticket. You are not exposed to being wrong about a number, because you never made the bet.

For savers who want gold in the mix, a gold IRA is one way to hold it inside a retirement account. It works best as one measured piece of a broader plan rather than the whole bet. A handful of firms dominate the space, and the terms vary widely, so it is worth checking the top 10 gold IRAs.

Thanks, Robert, but I’ll watch the spot price

Kiyosaki himself knows the difference. In May, the same author who floated $27,000 gold warned that even gold, silver and bitcoin can cost you money if bought on hype. It is sound advice. It would have been more useful in January.

Gold may well go higher from here. Plenty of serious people think so. But “higher” and “$27,000” are separated by a chasm no headline number can bridge, and the gap between them is exactly where a careful investor decides how much to believe.

Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

How Income and Age Help Drive Americans’ Fast Food Obsession (Not to Mention the Dopamine)

How Income and Age Help Drive Americans’ Fast Food Obsession (Not to Mention the Dopamine)

These Iconic Little Debbie Snacks Are Now Available as Chocolate Bars

These Iconic Little Debbie Snacks Are Now Available as Chocolate Bars

Billionaire Ray Dalio’s Advice for Protecting Your Retirement Savings From a Possible Debt Crisis

Billionaire Ray Dalio’s Advice for Protecting Your Retirement Savings From a Possible Debt Crisis

Shopping Malls Are Charging for Prime Parking. It’s Not Going Well

Shopping Malls Are Charging for Prime Parking. It’s Not Going Well

Americans Spend Money to Find Joy. Then Comes the Guilt

Americans Spend Money to Find Joy. Then Comes the Guilt

Living Paycheck to Paycheck Is Hard Enough for 63% of Americans. For 44% of Them, It’s Even Harder

Living Paycheck to Paycheck Is Hard Enough for 63% of Americans. For 44% of Them, It’s Even Harder

Hertz Includes a 100K-Mile Warranty on Certified Used Cars. What to Know

Hertz Includes a 100K-Mile Warranty on Certified Used Cars. What to Know

These Midsize Cars Have the Most Legroom for 2026

These Midsize Cars Have the Most Legroom for 2026

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Dolly Parton’s letter to Eminem shows how to make a connection that lasts

Dolly Parton’s letter to Eminem shows how to make a connection that lasts

August 26, 2026
Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

Before You Toss Those Nearly Empty Condiments, Try These Tricks to Use Every Last Drop

August 26, 2026
Australia’s social media ban for teens is going, uh, pretty badly

Australia’s social media ban for teens is going, uh, pretty badly

August 26, 2026
Stanley Druckenmiller’s AI writing has split Wall Street down the middle

Stanley Druckenmiller’s AI writing has split Wall Street down the middle

August 26, 2026
How Income and Age Help Drive Americans’ Fast Food Obsession (Not to Mention the Dopamine)

How Income and Age Help Drive Americans’ Fast Food Obsession (Not to Mention the Dopamine)

August 26, 2026

Latest News

What leaders can learn from Mark Carney’s approach to trade negotiations with Trump

What leaders can learn from Mark Carney’s approach to trade negotiations with Trump

August 26, 2026
One of golf’s biggest YouTube channels is under fire over claims one of its ads glorified violence against women

One of golf’s biggest YouTube channels is under fire over claims one of its ads glorified violence against women

August 26, 2026
I replaced doomscrolling with one tiny habit. After 30 days, my screen time was down 44%, and I was way less anxious.

I replaced doomscrolling with one tiny habit. After 30 days, my screen time was down 44%, and I was way less anxious.

August 26, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.