Wednesday, January 30, 2013

Robert Kiyosaki : Investing can be scary


Robert Kiyosaki : I understand investing can be scary. But it less scary than being left behind in this economy.
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.

The Rothschild are Hoarding Gold

In the beginning of this century there were signs that Rothschild was starting to pull back from gold. With the announcement of Lord Jacob Rothschild that his "investment vehicle" RIT Capital Partners "has ridden the rally in gold prices but will now incrementally sell down" many observers were led to believe the ancient house was abandoning the precious stuff. Jacob Rothschild stated in 2011: "There is I believe a growing awareness of the dangerous position which confronts many countries, particularly those in the developed world. In spite of these concerns, we continue to take advantage of areas that we believe are attractive, but we will remain cautious in terms of the quantum of capital that we allocate".

Tuesday, January 29, 2013

Gold Ends Higher on Short Covering, Bargain Hunting, Bullish Outside Markets

(Kitco News) - Gold prices ended the U.S. day session with moderate gains Tuesday. Short covering and bargain hunting buying interest were featured following recent selling pressure. The key “outside markets” were in a bullish posture for the precious metals Tuesday, as the U.S. dollar index was weaker and crude oil prices were firmer. February gold last traded up $8.10 at $1,661.00 an ounce. Spot gold was last quoted up $7.60 at $1,662.50. March Comex silver last traded up $0.48 at $31.26 an ounce.
http://www.forbes.com/sites/kitconews/2013/01/29/p-m-kitco-metals-roundup-gold-ends-higher-on-short-covering-bargain-hunting-bullish-outside-markets/
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