Saturday, January 26, 2013

Robert Kiyosaki ‏: Investors invest when they know the way and gamblers bet and then hope and pray


Robert Kiyosaki ‏: A poem from my rich dad, “Investors invest when they know the way and gamblers bet… and then hope and pray.”
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.

Friday, January 25, 2013

Marc Faber : The problem with shorting the markets nowadays is that you have this huge intervention by governments

Marc Faber : “The problem with shorting the markets nowadays is that you have this huge intervention by governments. Look at bonds of Italy Portugal and Spain–they rallied last year, there was a huge profit opportunity, and I admit that I missed it, but the profit opportunity came about as a result of government intervention. I feel the markets are — some people say it is intervention. I can call it manipulation. If manipulation continues, you do not know how far they will go. The only thing I know is one day the markets will punish the interventionists, the Keynesians and the monetary that the Federal Reserve and ECB has enforced because the markets will be more powerful one day. How will this look like? Will the bond market collapse or equity markets become a bubble, which would be embarrassing for the Fed’s sake if the U.S. market became a gigantic bubble and at the same time the economy does not recover.”

The Peoples Coin - Mr. Wang Yirong Interview on MCC



An interview with Mr Wang Yirong, Vice President of the Chamber of Rarities in China and the Chairman of the Board of Shanghai's Yunzhou Antique Mall. Talking about the demand for Chinese Collectibles and Antiques.

DAILY NEWS ON BOOZE