Robert Kiyosaki I am long Gold and Silver since 1972

Robert Kiyosaki - Goldseek Radio 04 May 2011

Robert Kiyosaki : JP Morgan and HSBC have been manipulating the silver market for years they have been shorting the market , selling stuff they do not own and then they were buying other stuff with it , so now they have to cover their positions , that's why the CME raised the margins for silver ....when I look at gold and silver I do not care what the manipulators do , I look at the biggest manipulator of all which is the US Congress says Rich dad Robert Kiyosaki , when I look at 2010 - 2020 I look at the baby boomers trying to retire , that bill is bigger than the medicare and social security ...that's why I am long Gold and Silver since 1972 so my position are pretty big , I stopped buying silver around 17 dollars an ounce so I am in good shape , I am expecting the dollar to collapse , the middle class is about to be crashed ...




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.

No Panic ! Time To Buy Silver CNBC 06/05/11

A Great time to buy physical silver.


busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.



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

Silver Crashes, Gold slides, Dollar bounce, CME increases margins

The silver market has crashed from its near all of $50 an ounce. Silver has made a bull run from August of 2010 to April 2011. In that time frame silver has went form $18 to $50 silver.The CME raised margin requirements and the cost of a contract going forward will be $21,600 by doing so the drove all small speculators out of the silver market. This is a forced consolidation ,a temporary pull-back but a great opportunity to by physical and hold it for the long run




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