Robert Kiyosaki admits gold is 'still crashing' but is standing by his bullish call that the metal will hit $35K an ounce within five years.
For those who share his long-term view on gold, you can invest in gold e-certificates and gold ETFs through a self-directed brokerage account with Questrade.
Kiyosaki also recommends income-producing real estate assets. Consider investing in REITs through Questrade and pay $0 commissions on trades.
"I was wrong. Gold still crashing!"
That's not a critic talking — it's Rich Dad, Poor Dad author Robert Kiyosaki himself, in a rare mea culpa posted to X in late June.
But if you think the famously bullish investor is backing away from precious metals, think again. In the same breath, Kiyosaki doubled down: "I still believe gold will be $35k in about 5 years."
His logic comes down to a classic Rich Dad lesson: "Profits are made when you buy…. Not when you sell." In other words, he isn't treating the drop as a reason to change course.
"All markets go up and down," he wrote. "The richest investors invest for the future. Not today."
Here's how everyday investors can take a page from that long-term playbook.
Kiyosaki plays the long game
Kiyosaki's bullish stance on precious metals is nothing new. In 2023, he predicted gold would jump from US$2,000 to US$3,700 an ounce — a call that played out when prices surged past US$3,700 in 2025.
Now, even with gold pulling back, he's holding firm on his US$35,000 target in five years. As he put it: "Trust you learned from my mistakes. People who do not make mistakes learn nothing."
Kiyosaki's faith in precious metals stems from his distrust of paper money, especially in an inflationary environment. Earlier this year, he warned of "hyperinflation" in the U.S. that could leave "millions, young and old" financially devastated.
Gold, by contrast, has long been viewed as a safe-haven asset. Unlike fiat currencies, it can't be printed at will by central banks and its value isn't tied to any single country or economy.
That scarcity, combined with its history as a store of value, is why investors often flock to the metal during periods of inflation, economic turmoil or geopolitical instability.
Self-directed platforms such as Questrade make it easy to purchase both gold e-certificates and gold ETFs directly from your trading dashboard.
You don't pay any commission fees when you buy or sell Canadian- or U.S.-listed stocks or ETFs online with Questrade.
How Kiyosaki earns ‘steady cash flow’
Kiyosaki’s playbook goes beyond precious metals.
In a post on X earlier this year, he urged people to prepare for a recession by focusing on one key asset: “I have always recommended people become entrepreneurs, at least a side hustle and not need job security. Then invest in income-producing real estate, in a crash, which provides steady cash flow.”
Real estate has long been a go-to for income-focused investors, offering steady cash flow and a hedge against inflation.
When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts with inflation.
It’s no wonder he once revealed he owns 15,000 houses for investment. Today, real estate investing platforms let everyday investors access similar opportunities — without needing millions to get started.
For investors who want real estate exposure without tying up large amounts of capital, you can invest in REITs and REIT ETFs within tax-advantaged accounts like a TFSA or RRSP with platforms such as Questrade.
Finding the right asset mix
Whether it’s gold, real estate or cryptocurrency, determining the right mix of assets for your portfolio isn’t one-size-fits-all.
Fortunately, you don’t have to navigate these choices blindly. Having access to the right data and educational resources can help you make informed decisions and avoid expensive mistakes.
If you find yourself in need of some guidance along the way as you ensure your investments are working for you, consider using a tool like Moby. As a stock market research platform, Moby can simplify the process with curated stock picks and investing advice.
Plus, Moby provides personalized financial insights based on your unique goals, real-time market updates and investment research formatted in easy-to-understand reports so you can make informed decisions about your portfolio without being an investing wiz.
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Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund’s prospectus. Read them carefully before investing. This marketing was vetted by the Moneywise team and sponsored by the Fundrise Flagship Fund.
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Securities offered through NCPS, member FINRA/SIPC. Investments in private placements are speculative, illiquid, and may result in the complete loss of capital. See here for more information: https://www.realberry.com/disclaimer/.
Marie Alcober is a commercial content manager at Money.ca, where she develops branded content that helps readers make smarter money decisions.
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