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Wednesday, April 17, 2013
Kiyosaki : use your Financial Education to enrich the lives of others too
Robert Kiyosaki : Rather than using your financial education to just make you rich, use your financial education to enrich the lives of others too.
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.
Tuesday, April 16, 2013
Why Did Gold & Silver Collapse? Mike Maloney and Chris Martenson
So Why did silver and gold collapse? Mike Maloney and Chris Martenson describe in detail the main method of gold price suppression. Join our free newsletter list to see the next clip where Mike and Chris discuss Bitcoin
4500 tonnes missing. Venezuela gold repatriation. Germany gold repatriation. 7 year delivery estimates. Fraudulent government accounting. Fractional reserve gold lending. 12.05am 3000 gold contracts dumped in 1 minute. As Mike has said for years, if you don't hold it, you don't own it.
4500 tonnes missing. Venezuela gold repatriation. Germany gold repatriation. 7 year delivery estimates. Fraudulent government accounting. Fractional reserve gold lending. 12.05am 3000 gold contracts dumped in 1 minute. As Mike has said for years, if you don't hold it, you don't own it.
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Chris Martenson,
Mike Maloney
Monday, April 15, 2013
Why is Gold and Silver pulling back? Whats next?
gold overshot the inflation. In 1980 there was a month where we could have gone back on the gold standard. Take the price of gold X's all the ounces of gold and it covered the currency supply. Right now in dollars gold only covers about 7.3 Trillion. Its not different this time that's the point, gold has done this over and over throughout history. Gold is the benchmark to measure value and paper currencies; you are using paper currencies as a benchmark for gold.
David covers the reasons behind the major pullback in metals on April 12 and where they may go from here I measure "true value" in traditional purchasing power, which can be observed throughout a 100 years of $300 - $800 when adjusted to inflation. Using such a formula, the current expansion of currency and inflation is already included in determining where Gold should be priced at. If there were a bank holiday tomorrow, and the USD lost half it's value, an inflation graph would show little to no fluctuation. The historic value would simply change to $600 - $1,600, in post-holiday dollars.
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