Robert Kiyosaki ‏: I am a Trillionaire

Robert Kiyosaki ‏: I am a trillionaire... I have a Zimbabwe trillion-dollar bill. If we don’t protect our dollar, we’ll all be trillionaires
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 sinks as traders unwind options contracts

Gold prices slipped to start the week, pressured lower by traders who made bets the precious metal would fall.

Gold for February delivery fell $3.70 to settle Monday at $1,652.90 an ounce. Gold prices have dropped 1.3 percent so far this year.

Options on the New York Mercantile Exchange’s Comex exchange expire Monday. Many of the traders who had previously placed bets that gold would fall through options contracts known as ‘‘puts’’ are closing out those bets and taking their winnings off the table. That can knock prices lower.

With the exception of copper, other metals were also lower:

— Silver for March delivery fell 42.6 cents to $30.78.

— Platinum for April delivery fell $32.70 to $1,662.20.

— Palladium for March delivery fell 45 cents to $740.55 an ounce.

In grain futures, corn for March delivery rose 8.50 cents to settle at $7.29 a bushel Monday. Corn prices have surged 4 percent so far this year. A government report out earlier this month showed that farmers harvested much less corn last year than anticipated. It also revealed that the country’s stockpile of corn, used as food for cattle and other farm animals, dropped to the lowest level in nine years as of Dec. 1.
http://www.boston.com/business/markets/2013/01/28/gold-sinks-traders-unwind-option-contracts/kjWOa7C9l7DCedLv8Ub89M/story.html

HSBC Purchases $876 Million Worth of Silver

HSBC Purchases $876 Million Worth of Silver Capital Gold Group is a BBB Accredited Business. Listeners are welcome to receive a free precious metals guide by going tohttp://www.startwithgold.com/gold-guide/ or call 1(800)510-9594. If you'd like to listen to the rest of the show, visit StartWithGold.com to subscribe to the podcast. Silver has now rallied for 7 days due to the flood of inflows into silver backed ETF's and investment demand for coins and bars internationally. Analysts polled by Reuters expect silver to rise in 2013. This has helped silver prices rally over 6% so far this year and 4.5% last week alone. The close above $32/oz yesterday was bullish technically and could lead to silver testing the next level of resistance which is at $34/oz. The U.S. Mint has sold out of 2013 American Eagle silver coins and will resume sales the week of January 28 when the US Mint said inventory would be replenished.