Wednesday, April 3, 2013
Robert Kiyosaki : Most with College Degrees have zero Financial Education
Robert Kiyosaki : Most with college degrees have zero financial education. My rich dad often said, "What you don't know keeps you poor."
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki : In the world of Money and Investing, you must learn to control your emotions
Robert Kiyosaki : In the world of money and investing, you must learn to control your emotions. High emotions equal low intelligence.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Gold Coin & Bar Collection over the last 2 months. Mostly 1oz 2013 Issue Gold Coins HD
Better at $1500 USD than $2000 or more later down the line. Very healthy stack ! When gold was $500 an ounce i am sure there were people saying it was too high, same at $1000 but what do you think those same people are saying now and i dont wish to be one of them 5 years from now regretting it so i am happy paying the prices now though i like to buy at £1050 or less.
Why are Silver Prices Falling?
Especially with the white-hot demand for coins
It's one of the biggest mysteries in finance right now.
I mean, it's a real head-scratcher
...
On one hand, demand for silver coins has been off the charts. With so many investors wanting to swap currency for silver, neither the U.S. Mint nor the Royal Canadian Mint has been able to keep up with purchase requests.
In fact, the U.S. Mint actually had to suspend sales of the "Silver Eagles" just a couple of weeks into the New Year - and it still smashed the all-time monthly sales record in January by selling 7.5 million of the hugely popular coins.
And that insane demand carried over into February and March.
After the first two months of 2013, the U.S. Mint had sold nearly 10.9 million American Silver Eagles (ASEs) - a third of its sales total for all of 2012. And on March 18 - the Monday that followed the weekend news about the Cyprus bank-deposit-confiscation plan - the Mint reported a stunning sales total of 638,500 of the silver coins ... for just one day.
But here's the kicker. Despite this frenetic buying, spot silver prices have actually fallen since the start of the year - a conundrum that's ignited fears of a silver shortage and investor allegations of market manipulation by Wall Street.
With this scorching demand for silver coins - and reported shortages of silver-based investments - how is it possible for the metal price to be falling?
One reader, after experiencing this frustration firsthand, recently sent us this query:
For several weeks now, it has been difficult to purchase physical silver at any of the nation's coin shows, and most dealers have a very small supply - if they have any inventory at all. What little silver they can purchase, they tell me, goes out the door quickly as buyers snap it up. Yet the market price of silver remains below $29 to $30 an ounce.
Recent reports note that Russia has made a hefty purchase in excess of 25 tons of silver. Has that affected U.S. supplies? What's the overall outlook? We'd be grateful to hear your take on this. Most of the folks we ask seem baffled, too. - C.C.
Read more at http://www.stockhouse.com/columnists/2013/april/3/why-are-silver-prices-falling-.aspx#jZBDbkAxG91K66J3.99 I mean, it's a real head-scratcher
On one hand, demand for silver coins has been off the charts. With so many investors wanting to swap currency for silver, neither the U.S. Mint nor the Royal Canadian Mint has been able to keep up with purchase requests.
In fact, the U.S. Mint actually had to suspend sales of the "Silver Eagles" just a couple of weeks into the New Year - and it still smashed the all-time monthly sales record in January by selling 7.5 million of the hugely popular coins.
And that insane demand carried over into February and March.
After the first two months of 2013, the U.S. Mint had sold nearly 10.9 million American Silver Eagles (ASEs) - a third of its sales total for all of 2012. And on March 18 - the Monday that followed the weekend news about the Cyprus bank-deposit-confiscation plan - the Mint reported a stunning sales total of 638,500 of the silver coins ... for just one day.
But here's the kicker. Despite this frenetic buying, spot silver prices have actually fallen since the start of the year - a conundrum that's ignited fears of a silver shortage and investor allegations of market manipulation by Wall Street.
With this scorching demand for silver coins - and reported shortages of silver-based investments - how is it possible for the metal price to be falling?
One reader, after experiencing this frustration firsthand, recently sent us this query:
For several weeks now, it has been difficult to purchase physical silver at any of the nation's coin shows, and most dealers have a very small supply - if they have any inventory at all. What little silver they can purchase, they tell me, goes out the door quickly as buyers snap it up. Yet the market price of silver remains below $29 to $30 an ounce.
Recent reports note that Russia has made a hefty purchase in excess of 25 tons of silver. Has that affected U.S. supplies? What's the overall outlook? We'd be grateful to hear your take on this. Most of the folks we ask seem baffled, too. - C.C.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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