Friday, August 16, 2013

Robert Kiyosaki: I Don't Trust the Financial System, But I Do Trust Gold!





Financial expert Robert Kiyosaki points out, "The rich are getting richer than ever before, but the middle class is shrinking . . . . Both Obama and Romney promised to save them, and when politicians promise to save your butt, you know your butt is gone." Kiyosaki, author of the mega best seller, "Rich Dad/Poor Dad," goes on to say, "If you trust Obama or the Republicans or the Democrats, then you don't need to buy gold. But I don't trust them. I don't trust Bernanke. I don't trust the financial system, but I do trust gold."


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.

India : The Gold Clampdown On Imports continues

India Big Gold Clampdown: Fresh Curbs On Imports . The gold clampdown continues with the RBI again tightening norms for gold imports, which touched 6 lakh kilograms this year. It now needs 100% upfront payment for all gold imports and has banned import of gold coins. Bloomberg TV India speaks to Radhika Rao, Group Research at DBS Bank, and Jonathan Barratt, MD of Commodity Broking Services, about the possible impact of these curbs and where gold is headed.






New Technology boosts Gold Mining

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about Harmony Gold's adoption of new technology in the mining industry, which has the potential to extend the life of the entire South African gold mining sector.



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