Saturday, May 4, 2013

Kiyosaki : What you don't know keeps you Poor


Robert Kiyosaki : Most with college degrees have zero financial education. My rich dad often said, "What you don't know keeps you poor."


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, May 3, 2013

Gold Is Still Best Store of Value: Elliott

May 3 (Bloomberg) -- Gold remains the best store of value in an uncertain global economy, Elliott Management Corp. told clients even as the $21.8 billion hedge-fund firm founded byPaul Singer lost money on its bullion position this year. Su Keenan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Breakable, Barterable Bullion: The Gold Bar You Can Carry In Your Wallet And Use As Money

Switzerland makes nice chocolate bars and now they make nice, breakable gold bars

Of course gold is a highly impracticable way to barter now. The idea is that in the event of a partial currency collapse you'd still have your savings protected. In the event of such a collapse we'd likely adopt a barter system for a period of time, and it just so happens that its much easier to carry and safeguard an ounce of gold than 8 tons of coal or 350 gallons of gasoline.

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