Robert Kiyosaki - Unfair Advantage

Robert Kiyosaki previews the Unfair Advantage program

If more people had listened to Robert Kiyosaki we would have avoided the housing bubble and financial crisis. His older books even warn us about it. I am starting to apply all of his concepts and it really works for me. Its been happening in a a matter of weeks. you should focus on what he is trying to let you know about money working for you instead of you working for money. am starting to pay myself first and investin on businesses that don't requiere my time or presence 100%

Robert Kiyosaki  revealed the 6-Steps how to invest in Properties and Real Estates

1. Decide To Be Investor
2. Find An Area
3. Identify Properties
4. Analyze, Offer and Negotiate
5. Put together the deal
6. Property Management



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.

James Turk Gold heading to $8000/oz

GoldMoney's James Turk is one of my favorite experts I pay attention to. Gold is an excellent asset to own, but he needs to talk about silver a bit more. James emphasizes that gold has been money for over 5,000 years, so has silver. In fact the average gold to silver ratio in those 5,000 years has been much lower than its' current 58 to 1 ratio. This is where silver will eventually outperform gold, and relative wealth will increase for those who own it now.If gold becomes money it will be worth several times what it was worth last time it was money. The gold is about the same but the population has exploded. Gold is worth the labor it will buy.Gold is now starting its last Bull run which will take it to an all time high and simultaneously setup a 1oz purchase of 1 share of the DOW, this is likely to happen by as soon as the end of the year! Buy your Precious Metals now because it is VERY unlikely pricing will be better than it is right now. We are going to see moves of 5% in a day become a common event, I know its hard to believe but we are about to see a RUN on PMs like never before! Don't be a fool and continue to hold fiat currency, Precious Metals NOW!

Gold Recovers From Initial Dip on Bernanke

Gold Recovers From Initial Dip on Bernanke

metals prices are closing and gold was the focus with the collar during bernanke's testimony. sharon is tracking it. gold prices unchanged the last several sessions when it comes to the close and once again, we're seeing gold prices finishing up the day at 1590. there was no hint about qe-3. as many traders and analysts started listening to what he was saying during the q & a period and interpreting what could happen down the road as the chief economist pointed out, we see a 50-50 chance of some type of easing down the road if the economic data continues to deteriorate. the fact remains, gold prices have been stuck in this $100 range the past two months and there have been no real catalysts to get gold out of this range. as one trader told me, seems like the fed is a red herring, even if the fed or central banks do some monetary easing, it will take economic conditions improving to get a catalyst in the market. money still coming in. looking at precious metals seeing inflows in the second quarter, upwards of $700 million

Marc Faber : Gold Is Oversold Near Term

Marc Faber : “most markets peaked in May 2011.” Marc Faber expects “further weakness in the second half of the year. Corporate profits will disappoint … stock markets are oversold. The U.S. government-bond market is overbought. The U.S. dollar is overbought, and gold is oversold near term.” Worse, he’s “very negative about the outlook longer term.” according to Paul B. Farrell of MarketWatch

Peter Schiff very Bullish about Gold Miners Stocks

Peter Schiff : Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it’s a huge opportunity for miners. I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock. - in goldinvestingnews

Bob Chapman : Inflation is around 7%

Bob Chapman : Anywhere between 5% and 8.25%. I would say around 7%. This went on 2.5 years ago when the government said that inflation was 5.5%, when in fact it was over 14%. It's two different worlds. The proof of that is when you see gold and silver run up like they did 2.5 years ago before deleveraging took place. These days gold and silver are again poking around new highs. That's a reflection of what buyers of gold and silver see coming. They're anticipating that there will be inflation, which is problematic because it steals purchasing power from the public.- in aureport

Marc Faber : Buy Gold Right Away

“If you don’t own any gold, I would start buying some right away, keeping in mind that it could go down,” says Marc Faber “The possibility of the gold price going down doesn’t disturb me,” says Faber. “Every bull market has corrections,” “No, gold is not in a bubble. It wasn’t in a bubble in 1973, either, but it still corrected by 40% then,” “I don’t believe gold is anywhere near a bubble phase,”

Bob Chapman : The FED will buy back the toxic securities they bought from Banks

Bob Chapman : Well, we had an $868 billion stimulus package. The Federal Reserve then created enough money and credit to bring that package assistance up to somewhere between $2.3 and $2.5 trillion. For that, we had approximately 16 months of attempted recovery. During that period of time, five quarters averaged growth between 3% and 3.25%. I feel that was a very, very high price to pay for a relatively sideways movement in the economy. Now we're back to square one. The recovery is not continuing. The Federal Reserve is talking about more quantitative easing. They're talking about buying back the toxic securities they bought from banks at a price they won't disclose. That move essentially cleared up the banks' books but at the same time encumbered the Fed's books, which they're now going to unburden by selling the bonds back to the same people they bought them from. Now, we don't know what the loss factor is because they won't tell us, so we have to ballpark it. Out of this money that's coming and going they have to come up with a figure somewhere in the vicinity of $1.2 trillion. That's what they're going to use for this quantitative easing. - in theaurreport

How to Become a Forex Trader for Beginners - The Basics

Learn how to trade Forex from home and learn to trade Forex as a business. If you want to build wealth in Forex you can .Forex trading in a simple yet fun way. Watch it now and find out how to trade Forex.Example of a simple trade, what traders look for, and how you can make money of trading currencies. How to execute stop-loss and limit orders to protect profits and losses.



Know your Forex terms

Before we delve any deeper into the possibilities that exist in the Forex market, we need to go over some basic Forex market terms.

Pip: A pip (percentage in point) or point, is usually the smallest unit of measurement in the Forex market. Most currency pair quotes are carried out four decimal places—i.e. 1.4500. When you work with Alpari quotes are carried out to the 5th decimal place to provide better pricing. The 5th decimal place represents fractional pips. If the exchange rate of a currency pair moved from 1.45000 to 1.45100, we would say that the price moved up 10 pips. You make money when the pips move your way in a trade.

Note: Any exchange rate that contains the Japanese yen as one of the currencies will only be carried out three decimal places.

Currency Pair: We wouldn't have a Forex market if we weren't able to compare the value of one currency against the value of another currency. It is this comparison that drives prices. Forex contracts are always quoted in pairs. The Euro vs. the U.S. dollar (EUR/USD) is the most heavily traded currency pair. The U.S. dollar vs. the Japanese yen (USD/JPY) is another popular pair.

The following is a list of the most common currency pairs, their trading symbols and their nicknames:

Euro vs. U.S. dollar (EUR/USD): "The Euro"

Great Britain Pound vs. U.S. dollar (GBP/USD): "Pound," "Sterling," or "The Cable."

U.S. dollar vs. Swiss franc (USD/CHF): "The Swissie
U.S. dollar vs. Japanese yen (USD/JPY): "The Yen"
U.S. dollar vs. Canadian dollar (USD/CAD): "The CAD," or "Loonie"
Australian dollar vs. U.S. dollar (AUD/USD): "The Aussie"
New Zealand dollar vs. U.S. dollar (NZD/USD): "The Kiwi"

Bob Chapman : a lot of people dont know how to properly invest or trade

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in the aureport

Cotton prices spiked last year - MERYL WITMER

Cotton prices spiked last year. How did the company manage through that?
MERYL WITMER : The stock fell from the high $30s as cotton dropped to about 70 cents a pound after spiking to more than $2. Gildan's customers are small and the company decided to take the hit itself when prices plummeted. As a result it will earn about $1.30 a share in the fiscal year ending September, instead of $2.60. Next year, as the high-cost cotton moves out of their inventory, earnings should rebound to between $2.50 and $3 a share, and grow thereafter. Gildan has been perennially capacity constrained and recently completed a big addition that will increase capacity by 40%. If it can utilize that capacity in the next few years, earnings will be 40% higher, to $3.50 to $4 a share. - in the Baron's Roundtable June 2012

Million Dollar Traders (Full Series )

Trading is a lot of fun - once you've grasped the concepts - and you have little distraction - the best traders make money from the morning newspapers - that dictates what they trade on for the day - then the best traders react to events that happen that day and trade accordingly. I enjoyed watching this series, reminds me of my early prop trading days. Stress and more stress. Wish I had a nice boss like Anton Kreil and lex when I first started

I'm a technical trader. I built (designed) a bespoke trading technology (system) prototype. Most of the trading ideas (indicators) that I use are custom designs. Years worth of research, design, development, testing and analysis. Most people who don't know any better say that what I've done, is simply impossible. That's only because they've not been able to do it themselves. What you are seeing in this video series, is pure Fundamental trading - they are not technicians.

Peter Schiff : Gold Miners are a Huge Opportunity

Peter Schiff : Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it’s a huge opportunity for miners. I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock. - in Goldinvestingnews

Bob Chapman : The International Forecaster has been in production for over 20 years

Bob Chapman : The International Forecaster has been in production for over 20 years. It came about because I retired at 52 and being a "Type A" personality I found I couldn't live life without doing something with my mind. Playing golf and tennis everyday was a bore, so I started The International Forecaster. I had spent 28 years as a broker and owned my own firm for many years. I was probably the largest gold/silver stockbroker in the United States, perhaps even the world. We had 6,000 clients when we sold the company. I really enjoy writing and doing radio. Occasionally I'll do television. It really fits me. I should've been in journalism. But then again, what would've happened is that I wouldn't have had the background to be a good journalist. - in the aureport

Bob Chapman : Preserve Your Capital with Gold, Silver

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in the aureport

Gold May Have Been Manipulated Like Libor - Ned Naylor-Leyland

"It is effectively an intervention in two ways; one would be the fact that for central banks gold and silver going up doesn't make their currency look any good and secondly a number of the big commercial banks have very large short positions which they like to manage and make easy money from," Ned Naylor-Leyland, investment director at Cheviot, told CNBC.

The Looming Silver Shortage to send prices to the Moon

Future Silver is like the future social security. Social security will be around 30 years in the future; however, the buying power will be reduced 75%. Silver will be the same value as today but you will get 1/4 of the silver for the future dollar. The miners will mine silver and we will use silver; however, the future costs to get the commodity will be increased by future regulation and fuel costs.

The Silver Prices Set to Explode to the Upside says Jeb Handwerger , mainly due to disruption in production sites in Bolivia Peru Mexico and Argentina , shortage of supplies , silver to be viewed more as a safe heaven as the US Dollar is nearing its top with the bad news coming from the job market in the US and the probability of the FED having to implement a QE3 , all is highly bullish for precious metals and especially silver , the last time the FED did QE2 silver prices soared from $18 to almost $50 an ounce . The one thing that is impossible to refute is that for the past decade(s) the amount of silver coming out of the ground has been about 9X the amount of gold. But on average their price differential has averaged about 50-60X. While gold stocks have only increased over the past 50 yrs, silver stock piles have been depleting as the uses of silver have been increasing. The USA's multi-BILL ounce stockpile is long gone as are many others. So something doesn't really add up here as silver is certainly used up while gold is not. Maybe the estimated 155-165K tonnes of gold mined throughout history is not a good number. But how far off could it be when most of the world's gold has been mined in the past 50-150 yrs? There are scientists who say that the naturally occurring Ag/Au in the earth's crust leads to a ratio of from 16 to 25X. While that conflicts with the 9X ratio that currently comes out of the ground, it would still support a price 2X to 4X higher than today's. In past centuries during bi-metalism and hard money standards, a 15-1 gold to silver ratio was often the norm. From 1350-1650 the gold to silver ratio ranged from 4 to 15. But around the mid-1800's the ratio started heading up as more silver was discovered and efficiently mined. Over the past 150 yrs as the silver monetary standard went by the wayside, the ratio has tended to live in the range of 30-100. But because of wildly fluctutating economic/currency cycles, the GSR has fluctuated wildly as well. A lot of silver has been used up in the past 50 yrs as technology has advanced. The world was fortunate that several multi-billion ounce stockpiles existed.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Jim Rogers : Gold will be much, much, much higher over the next decade

Jim Rogers : I've actually owned gold for longer than 11 years. I'm not buying now. Gold went up 11 years in a row, which is extremely unusual for any asset. I don't know of any asset in history that's gone up 11 years in a row without a correction. Corrections are normal and are the way things should work, the way things do work. Having said that, I don't know when the correction will stop. It's normal in my experience for corrections to go down 30 or 40%. It's just the way markets work. Gold has not gone down that much. It's only gone down that much once in the past 11 years, and even then it ended the year up. I'm not buying gold at the moment. If it goes down a lot, I hope I'm smart enough to buy a lot more. I'm certainly not selling my gold, because I suspect gold will be much, much, much higher over the next decade. - in Oil Price

Peter Schiff : Gold going up in 2012 and Going Higher in 2013

 Goldinvestingnews : Where do you think gold prices will go this year?


Peter Schiff : I think they are going to go higher. Whenever it breaks out, it’s overdue, whether it’s this year or next year. Look at what has happened recently in agriculture prices. Look at soybeans, they have just taken off. There’s normally a pretty good correlation between soybeans and precious metals. And it’s not just soybeans, also wheat and corn. So I think it is going up and will go higher in 2013. - in Goldinvestingnews

Silver Prices Set to Explode to the Upside

The Silver Prices Set to Explode to the Upside says Jeb Handwerger , mainly due to disruption in production sites in Bolivia Peru Mexico and Argentina , shortage of supplies , silver to be viewed more as a safe heaven as the US Dollar is nearing its top with the bad news coming from the job market in the US and the probability of the FED having to implement a QE3 , all is highly bullish for precious metals and especially silver , the last time the FED did QE2 silver prices soared from $18 to almost $50 an ounce

How To Buy Gold and Silver Coins and Bullion at Below Spot Price

How To Buy Gold and Silver Coins and Bullion at Wholesale Lowest Prices Some thoughts on buying silver and gold as a preparation for an economic collapse.During this broadcast we answered a few concerns and questions that folks had about coins and the over all what to buy and why. PLUS some advice on exactly HOW to buy Silver coins from your area at possibly below the spot price.

"buy gold and silver" "gold bullion" silver bullion buy gold at wholesale fort walton beach Pensacola Las Vegas Flagstaff Tucson Casa Grande Avondale Apache Junction Willcox Peoria Mesa Gilbert Chandler Scottsdale Tempe Phoenix Arizona Florida How To Buy Gold and Silver Coins and Bullion at Wholesale Lowest Prices In this video I'll explain the pricing steps that the American SIlver Eagle goes through before you have the opportunity to buy it. Believe me... there is a lot or markup before it makes it's way to your local coin shop in Phoenix, Los Angeles, Sacramento, Seattle, Dallas, Tucson, Scottsdale or wherever you happen to live. I'll also tell you about an exclusive club which provides members the opportunity to buy all the silver and gold they want at true wholesale prices... which obviously saves you money and greatly improves your investment.

THE SILVER BOMB: Collapse is Happening NOW $500+ Silver

JP Morgan is on the brink of collapse, it will not survive the collapse. The Powers That Be ate stacking for themselves. They Will pull the plug. The hyperinflationary depression will happen. First get food, then a self defense firearm. Them stack silver. Just about everything else can be bartered for during the biggest yard sale in history. They can manipulate the price of "paper silver/futures contracts, all they want. However, as a physical owner of silver with real, tangible silver in your hands, would you sell it for the manipulated paper price? Heck no, obviously not because you understand the premium of having the actual metal in comparison to just an IOU piece of paper that says you supposedly own the metal. Would you trade 1oz of physical for a piece of paper that says you own 1oz of silver?

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Barclay Scandal Ultra Bullish For Gold Prices

Jeff Dunphy - Gold Radio Cafe - July 6, 2012 Barkley scandal added to more Quantitative Easing will boost the gold prices higher and higher

Financial SCANDAL: Bob Diamond CEO of Barclay, too old for PRISON? In this episode,Jeff Dunphy on Gold Radio Cafe discuss 'scandals' for the big guys, 'crimes' for the small fry and they also examine the worst businessman of the century.The interest rate rigging scandal at Barclay's, has led to a resignation of Chairman Marcus Agius, in an attempt to take the heat off of Bob Diamond, the companies CEO. The interest rate rigging scandal, has dealt a huge blow to Barclay's reputation and it is most likely, that other institutions, that were involved in the rigging process, will have to undergo scrutiny by the authorities. Barclays has officially admitted, that some of its traders have been manipulating the LIBOR rate, which is the benchmark for prices, on about $350 trillion of derivatives and other financial products. This new scandal is certainly not helping the banking industry, to redeem its reputation in our eyes, and investigations will continue into other major banks, such as Citigroup, HSBC, UBS and RBS.

Jim Rogers: The Huge Gold Sell-Off Might Only Be Halfway Done

Jim Rogers : "I've actually owned gold for longer than 11 years. I'm not buying now. Gold went up 11 years in a row, which is extremely unusual for any asset. I don't know of any asset in history that's gone up 11 years in a row without a correction.
"Corrections are normal and are the way things should work, the way things do work. Having said that, I don't know when the correction will stop. It's normal in my experience for corrections to go down 30 or 40 percent. It's just the way markets work."
I'm certainly not selling my gold, because I suspect gold will be much, much, much higher over the next decade. - in OilPrice.com

We are Preparing for Economic Collapse - Robert Kiyosaki

The credit cards and grocery stores came later and our dependence on them is our weakness. Getting of our backside and growing our own food can keep us self--sufficient. Don't worry too much. We already grow our own vegetables and it costs very little. Invest in land and grow your own food. Its cheaper.we need to find a way to band together. these guys are basing their survival solely on the self. I hope other People survive too. Not just me. I think my odds are better that way. Who is going to sit in a pile of smoking ash counting their money?

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.

Gold Headed for $2,500/oz says David Morgan

David Morgan : it's both , the global currency mess and inflation fears that are gonna start that , probably any time , we will see higher prices in gold and silver says David Morgan we are in about 12 years right now in the gold rally says David Morgan so we have got a good five years left he said

Jim Rogers : I own Gold, I am not selling Gold. If Gold goes down, I will buy more

Jim Rogers : “Gold is up 11 years in a row. Gold is consolidating now, a well-deserved consolidation. I own gold, I’m not selling gold. If gold goes down, I’ll buy more.” Jim Rogers is bullish gold will eventually go well over $2,000 an ounce but said corrections of between 30% and 40% are normal. Rogers owns all the metals but said if he had to buy one today, it would be silver.

In Memory of Bob Chapman

In Memory of Bob Chapman

Bob Chapman Passed Away this June 4th 2012 : Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker. Bob is survived by his wife, of 47 years, Judith “Judy” Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren. Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL

Marc Faber : Gold Bullion Has Bottomed

Marc Faber : "I'm not sure that gold will not make a new high this year,"

"but I think we've bottomed out. "Some Gold Mining shares have become very very inexpensive compared to the reserves they have." Faber told Bloomberg in an interview recently

India Coin Sales Law Could Move Gold

India's central bank has allowed four more banks to import precious metals, a move that would boost competition and help reduce premiums in the world's biggest importer of bullion. This week, gold manages to avoid a 8th straight weekly loss despite bearish investor sentiment and a strike in the world's biggest gold market India. Silver though is not so lucky... In this week's wrap, gold and silver continue to slide, the Fed is tight-lipped on QE, and India hikes its gold import duties for the second time this year

As back when gov. printed to many recepits for gold govenments will prohibit possesion of paper currency and allow only virtual computer based currency system. They generated to many virtual recepits for paper currency in the computer banking system. Next logical move for the lie to continue.My opinion on this. All of this scam in US when gov printed to many receipts-currency for gold that was not in vaults. So US government back then issued cheques (dollars) without coverage in gold. What happens when ordinary citizen issues cheque without coverage? All of this was possible 'cause people did not demand of the government to admit cheating on their citizens!And some even wanted to cover it up,because they got rich of it. And they do it till today. Citizens allow it.

Jim Rogers Bullish on Gold but Would Rather Buy Silver Today

Jim Rogers Bullish on Gold but Would Rather Buy Silver Today

• “Gold is up 11 years in a row. Gold is consolidating now, a well-deserved consolidation. I own gold, I’m not selling gold. If gold goes down, I’ll buy more.”
• He’s bullish gold will eventually go well over $2,000 an ounce but said corrections of between 30% and 40% are normal.
• Rogers owns all the metals but said if he had to buy one today, it would be silver.

- in ETFtrades

Alfred Adask - Financial Survival - June 22, 2012

Melody & Alfred - Financial Survival - June 22, 2012 :

so it's Confirmed! NO QE3 yet! Operation Twist Extended.. Now what? The money supply can be expanded in a few other ways, so now while everyone is over here watching the QE sock puppet dance around to your left, the real show is happening on the right with all of the machinations I described below. Instead of a liquidity flood, its a steady trickle. Do we really want metals prices that have future money printing expectations priced into them? I think not. I think most metals holders really want a slow steady rise. I know that is what I want.

Robert & Kim Kiyosaki educational live presentation at NAC

Robert & Kim Kiyosaki's educational live presentation at NAC Choice segments from Robert & Kim Kiyosaki's educational live presentation at NAC. Assisted by his Rich Dad advisers, Robert focuses on the principle of infinite ROI and the crucial importance of understanding tax (so you can legally avoid paying any). He stresses that, even though he says we are close to a depression, this is a time for great opportunity and the answer is entrepreneurship

The credit cards and grocery stores came later and our dependence on them is our weakness. Getting of our backside and growing our own food can keep us self--sufficient. Dont worry too much. We already grow our own vegetables and it costs very little. Invest in land and grow your own food. Its cheaper .It is interesting that while the three main Western ratings agencies based in New York and London give the US a AAA, or AA+ rating, the Chinese ratings agency Dagong gives the US an A rating, This is the fifth highest credit rating level, which the US shares with Russia, Spain (which was recently bailed for $1 trillion out by the EU), South Africa and Estonia. This is significant as it is China which is the biggest lender to the US. What if China ever decides that US lending is too risky?

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.

Gold Outlook after the FOMC Meeting by Puru Saxena

Puru Saxena of PuruSaxena Wealth Management & Chris Waltzek - June 21, 2012.

The Federal Open Market Committee (FOMC) is the policy-making arm of the Federal Reserve. It determines short-term interest rates in the U.S. when it decides the overnight rate that banks pay each other for borrowing reserves when a bank has a shortfall in required reserves. This rate is the fed funds rate. The FOMC also determines whether the Fed should add or subtract liquidity in credit markets separately from that related to changes in the fed funds rate. The Fed announces its policy decision (typically whether to change the fed funds target rate) at the end of each FOMC meeting. This is the FOMC announcement. The announcement also includes brief comments on the FOMC's views on the economy and how many FOMC members voted for and how many voted against the policy decision.

Robert Kiyosaki on Oprah

Robert Kiyosaki message is "why struggle for money when you don't have to ?" , your house is a liability not an asset , it is the biggest middle cl;ass trap . Make your money work for you do not work for money .Debt is Modern day slavery. Your property overtaken and sometimes your human rights such as prosecution from prison can be easily be very close. invest only as much as you could afford to lose. Also make sure you have enough remaining to start again at least once more. If you fail a second time then get a regular job.

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.

Marc Faber: Gold Not necessarily the Best Asset

Marc Faber: I do not think it (Gold) is necessarily the best asset. What I am suggesting is that people should diversify their assets and should own some gold compared to paper money. Over time central banks will continue to print money everywhere in the world. Therefore, the purchasing power of paper money will decline. So I would own some gold. We are in a correction period and we may still go lower. But on this weakness I would continue to accumulate gold. - in ET Now 21 June 2012

Marc Faber Bullish on Gold Shares

Marc Faber : I am also warming to Gold shares. Gold corrected to $1,522 last December from $1,921 in September. It rebounded to $1,795 in February and is back down around $1,600. The correction could last longer, but given that governments will print more money, gold is relatively effective as a currency. My preference is physical gold, but I would also own some gold shares, which have been decimated. Goldcorp [GG] is attractive because most of its properties are in the U.S., Canada, and Mexico. The company isn't exposed to regimes that are talking about nationalizing resources. In general, stock markets are oversold. The U.S. government-bond market is overbought. The U.S. dollar is overbought, and gold is oversold near term. - in Barron's Roundtable - June 2012

Donald Trump - The Euro is doomed

"The whole euro thing will eventually be doomed," says Donald Trump, Trump Organization chairman & president, expressing his thoughts on Europe's financial crisis and the future of the euro zone.

 

 19 Jun 2012 CNBC


"It's a total mess. I know so many people over there, they don't know what's happening. The whole euro thing is doomed. I can't see Germany bailing out other people. A lot of these countries are going to go back to their own currencies. But it won't be nearly as bad as people are saying"

[Are there bargains over there?]

"Yes. Spain. It has too much debt, all of those empty homes and apartments. Look at Miami, the greatest example. Miami is booming and a few years ago it was a disaster. Somebody brought a project to me in Greece! You're getting everything for nothing, you have to sit on it for a while. I'm thinking of doing something over there....a great opportunity is Spain too. It's got a fever, this is the time to take advantage of it"


[Gillian Tett -
I am sure you can buy a fleet of Greek islands. Will you jump into Spain?]

"The countries have to go back to their own currencies. Germany is buying back tremendous amounts of debt [! at discounts. I'm not sure Germany is suffering. That's not a bad way to make a living. But a lot of these countries, maybe all of them, will have to go back to their own currencies. Different people and different thought processes,


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.

Buy Gold ahead of QE3

Societe Generale is “enthusiastic on gold” — so much so that in their latest cross-asset strategy report, they call “buy gold ahead of QE3″ their number one strategy, saying it’s “the perfect asset to benefit” from additional loose monetary policy.
In the report, SocGen discusses the historical relationship between the price of gold and the U.S. monetary base. The SocGen team writes that “if gold catches up with the increase in the monetary base since 1920 (as it did in the early 80s), its price would rise to USD 8500/Oz,” adding that just “to close the gap with the monetary base increase since July 2007, gold would have to rise to $1,900/oz, assuming full transmission from the monetary base increase to the gold price.”
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Emerging Markets Central Banks Hoarding Gold

There were strong buying from the central banks of some emerging markets of Gold , particularly from China Mexico and The Philippines , these central banks tend to use their large foreign exchange surpluses and prefer to hoard gold instead of the US Dollars or other fiat currencies

Jim Rogers : Going Back to The Gold Standard is unlikely

Question : Are We Going Back To The Gold Standard ? 

Jim Rogers : I think it's unlikely. I know there are lots of people who would like to return to the gold standard, but the problem with the gold standard is that it always had problems, too. Politicians can always figure out ways to try and cheat us, the poor citizens. - in MoneyNews

Peter Schiff : Buy Gold Now or you will be chasing it later

Peter Schiff : I own a lot of gold i own a lot of gold stocks , over the last 6 months to a year they have not gone up in fact the gold stocks have gone down , over a longer time period of course over the last ten years gold has done very very well , so a lot of these problems have been anticipated in the gold market for years , why it has not had a bigger move recently ? I think that has more to do with the relative strength of the dollar versus other fiat currencies which I think is temporary , I also think people are fooled in thinking that us treasuries represent a safe heaven alternative to gold , people who are piling up treasuries are going to regret it that bubble is going to burst , I am confident that eventually people will find their way back to gold as a safe heaven

Gold after the Greek Vote - Now What ?

Now that Greece has voted to stay in the Euro zone what are the perspectives for gold ? the fundamentals are strong enough to support the current levels above $1600 /oz and may be we could even see some rally in gold prices while waiting for Ben Bernanke's speech so it is a wait and see situation right now......

Stephen Lendman Remembering Bob Chapman - June 7, 2012

Stephen Lendman of the Progressive News Hour Remembering Bob Chapman - June 7, 2012

Bob Chapman Passed Away this June 4th 2012 : Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker. Bob is survived by his wife, of 47 years, Judith “Judy” Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren. Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL. Share on facebook Share on twitter Share on email Share on print

Paul Craig Roberts Explains US Government Gold Market Rigging

One on One with Paul Craig Roberts Assistant Treasury Secretary Paul Craig Roberts Explains US Government Rigging of Gold Prices and Gold Price Suppression Schemes .Roberts doesn't go far enough though by suggesting that regulation of derivatives is part of the problem. By doing so, he empowers the same power elite of "same as it ever was". No mention of currency supply in comparison with the organic supply of bullion and its intrinsic characteristics with real economy. If we need liquidity without adding to debt, all we (the people) have to do is circulate bullion. It's a grass roots project, not an elite one ! Follow the script. They are by carrying the stick.

Greece is insolvent. Spain just got a big bank bailout, and Ireland wants a new bailout deal. There has been plenty of calamitous news surrounding the European debt crisis. No matter how bad it looks in the EU, Paul Craig Roberts says the problems in Europe are "nowhere near as big as the ones here." The U.S. is printing massive amounts of money to paper over the mess, but it won't work. Roberts says a collapse of the U.S. dollar could happen at any moment. It could be triggered by any number of things such as war or a derivatives meltdown. When a former Assistant Treasury Secretary (under the Reagan Administration) and a PhD in economics sounds the alarm bell, people should take cover. Dr. Roberts says, "The cliff dive we are experiencing in housing isn't over," and precious metals prices are "being suppressed." Roberts says, "Gold prices should be rising. Why? Because the debt is rising." What is the reason why Dr. Roberts thinks the suppression game has gotten so intense? Dr. Roberts says, "The fact that they are driving the price down suggests to me the situation is getting more desperate." Greg Hunter of USAWatchdog.com interviews Paul Craig Roberts one on one about these subjects and more.

Bob Chapman - Continued Quantitative Easing Will Cause Hyperinflation of the US Dollar

Bob Chapman - Continued Quantitative Easing Will Cause Hyperinflation of the US Dollar

In a past interview on The Power Hour, Bob Chapman (RIP) explains why quantitative easing will eventually cause hyperinflation of the US Dollar. He also explains his views on the Libya invasion. Bob Chapman died recently, aged 75. Bob Chapman owned his own brokerage firm and was one of the biggest private gold and silver traders in the world. Having lived in almost every continent on the globe, his financial, economic, and business report The International Forecaster was released after he came out of retirement. He predicted the problems with the PIIGS nations (Portugal, Ireland, Italy, Greece, Spain) years before these issues materialized in mainstream press.

Remembering Bob Chapman on The Vincent Finelli Show!

Remembering Bob Chapman with Frank Underhill on The Vincent Finelli Show! Frank Underhill talks about his relationship with Bob Chapman and the influence he has had in both his professional career, as well as his personal life. They also talk about Bob's main areas of saving and investing, in both physical silver and junior mining stocks, and why he favored these types of strategies. They also share examples of how generous Bob was, and his endless drive to help and inform and build up others. Bob will truly be missed.

Bob Chapman Passed Away this June 4th 2012 : Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker. Bob is survived by his wife, of 47 years, Judith “Judy” Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren. Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL. Share on facebook Share on twitter Share on email Share on print

Italian Woes Ultra Bullish for Gold

With the Greek elections this Sunday the Spanish debt problems and the Coming Ben Bernanke speech all the odds are there for gold prices to spike as capital is fleeing southern Europe and looking for safer heaven , the FED will become the dominant focus as we go to the next week says Jon Nadler senior analyst at Kitco . but if the debt crisis spreads to the larger economy like Italy this will become ultra bullish scenario for Gold the ultimate safe heaven

Marc Faber : some Gold Mining Shares have become very very inexpensive

Gold Mining Shares have become very very inexpensive says  Marc Faber : I am not sure that gold will make a new high this year but I think we bottomed out and I think that some gold mining shares have become very very inexpensive compared to the reserves they have and I think that in the current environment where it is clear that the worst the economy becomes the the more the money printers will be at work that to own a currency whose supply cannot be increased at the will of some clowns that occupy the central banks is a desirable investment
says Marc Faber in 07 June 2012 on Bloomberg TV
Click here to watch the full interview>>>>

IMF Statement Boosts Gold

On last Monday the IMF made a statement saying that Gold is a safe asset , this has cause gold prices to spike as this is a good news for the gold , and with all the financial crisis around the globe and particularly in Greece and Spain and the rest of Europe people are looking for safe assets where they can put their money , it has been reported that there are bank runs in Greece and in Spain recently , people in Greece alone are pulling around 1 billion euros a day from the Greek banks before the coming Greek elections which will decide if Greece stays or leaves the eurozone ....