Robert Kiyosaki : dont live cheap

Robert Kiyosaki : "There are many ways in which you can become rich. For example, most people try to get rich by being cheap and the price for that is that you live cheap and there is so much money out there; why would you want to live cheap? People, who live below their means, save for a rainy day - the price is a cheap life. There are a lot of people who have a lot of money; but at the end of the process, they are still cheap; so they have made money their God. They are hoarding their money and the problem with that is Greenspan is printing it faster than they can order it, so their money is going down in value. The price is their life. Even when I was broke, I didn't live cheap."


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 HITS $1500

Spot Gold prices rallied toward record highs approaching the $1,500 an ounce mark today amidst inflation concerns in China the dollar decline, rising crude oil prices unrest in the middle east , worries about sovereign debt problems in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9 At the New York market.While In London, prices are stable at $1493.9 .Gold is still far below its all-time inflation-adjusted high, estimated at almost $2,500 an ounce, Many experts see Gold hitting the $2000 mark before the end of this year. Silver was quoted at $43.11 an ounce against $42.99, having earlier touched a new 31-year high at $43.51 an ounce. Silver has been the best-performing precious metal so far this year, up 40 percent since January.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold hits New record high near $1,500/oz

Gold hits New record high near $1,500/oz



Gold prices rallied toward record highs near $1,500 an ounce today amidst inflation concerns in China debt crisis in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9
At the New York market.While In London, prices are stable at $1493.9 it's a combination of factors that is propelling the Gold , the dollar decline, rising crude oil prices unrest in the middle east and worries about sovereign debt problems in Europe.