Jakarta, CNBC Indonesia – Author of the famous financial book ‘Rich Dad Poor Dad Robert Kiyosaki shares his predictions about the price of gold when the global economy is still struggling with the threat of rising interest rates and high inflation rates.
Kiyosaki highlighted that precious metals are promising investment assets, bearing in mind that assets such as gold are likely to rise in the future.
On the radio show The Rich Dad on January 18, 2023, Kiyosaki mentioned that the price of gold reached a high of nearly $2,000 in recent weeks. He also projects that the yellow metal’s next price target will be $5,000/ounce.
“I think the next stop is $5,000 for gold. And it might take another five years. If you don’t have gold and physical, gold and silver, you have to have it now,” Kiyosaki said, quoted in the Finbold.com article, Thursday, (9/ 2/2023).
Furthermore, Kiyosaki pointed out that investors should be able to calculate the potential of precious metals by observing the gold accumulation that continues in most Asian countries.
(RCI/dhf)
