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Tuesday, January 29, 2013
Robert Kiyosaki : Build a Base of Solid Assets
Robert Kiyosaki : Keep expenses low, reduce your liabilities, and diligently build a base of solid assets.
By focusing on your asset column, you'll find your path to financial security and wealth much clearer and surer.
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 : 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.
Monday, January 28, 2013
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
http://www.boston.com/business/markets/2013/01/28/gold-sinks-traders-unwind-option-contracts/kjWOa7C9l7DCedLv8Ub89M/story.html
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