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Tuesday, July 2, 2013
Robert Kiyosaki : The difference between a rich person and poor person is...
Robert Kiyosaki : The difference between a rich person and poor person is how they manage fear
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.
JOHN WILLIAMS : safe haven flight will be to GOLD
Episode 137: Félix Moreno interviews John Williams of shadowstats.com. John, a trained economist, provides economic data and reporting that often contradicts the official line coming from US Government reporting. Many people put more trust in his economic data than the official statistics.
John explains why he set up shadowstats and the problem with the official US inflation index, and the distortions it may have on broader economic measures.
Money supply (including the M3 measure, which is still calculated by John) is discussed. John then explains how these measures are faring since the 2008 crisis, why the money supply hasn´t exploded, and how the banking system was saved.
John expands his analysis to the wider US economy before Felix questions him about his view on gold. His long-term prognosis is stability for the metal as a store of wealth, instability for the currency and frightening inflation levels.
This podcast was recorded on 27 June 2013.
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John Williams
Monday, July 1, 2013
Production Slowdowns in Mining Gold & Silver (David Morgan)
In this interview with Ellis Martin, David Morgan of http://www.themorganreport.com discusses the temporary suspension of operations of a silver producer based on the cost of production being at par or higher with the price of silver per ounce. With many producers geared up for $30 an ounce silver, $19 remains a challenge for some. However, companies with lower production costs and near producers running a tight budget are seeing light....even as majors like Barrick Gold are pulling back. Ellis Martin also criticizes the pundits, who incorrectly sold a bull market for gold at a wishful $2500 an ounce in 2012.
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David Morgan
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