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Tuesday, April 23, 2013
Robert Kiyosaki : Do not ask advice from a successful Employee, but from a successful Entrepreneur
Robert Kiyosaki : Many entrepreneurs make a big mistake by asking for advice from a successful employee, rather than from a successful entrepreneur.
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.
Robert Kiyosaki : your investing and business are in very big trouble.
Robert Kiyosaki : If you are surrounded by “yes-people” or “butt-kissers,” your investing and business are in very big trouble.
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.
Robert Kiyosaki on When should you start teaching your child about Money
Robert Kiyosaki : When should you start teaching your child about money? Start when they can tell the difference between a $1 bill and a $5 bill.
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.
Ron Paul on Gold: I am Buying
April 23 (Bloomberg) -- Ron Paul, Former Congressman from Texas, discusses his views on gold, central banks, and the weakened Republican Party. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Monday, April 22, 2013
Why Did Silver & Gold Collapse? Peter Schiff
Why the recent sell-off in gold and silver defies the fundamentals, ignores the facts, is predicated on a myth, and has succeeded in creating the necessary level of scepticism and fear to finally propel precious metals to new record highs.
Business: HOW TO Buy Silver Coins
Video for people with visual disabilities. Use Closed Captions (CC) to get the most out of this video. Small Business, Things Needed to Start a Business. You're about to discover the world's first and only business of it's kind in the precious metals industry. Not only do our associates save an incredible amount on the purchase of Gold & Silver Bullion and Numismatic Coins, but they also enjoy an incredible ability to earn a substantial income from the comfort of their homes. Never before has there been such an upward trend for purchasing precious metals... and now is the time! According to many of the leading experts: ...this is just the beginning of the greatest boom in precious metals history! Preservation Of Wealth (POW) gives you the exclusive privilege of purchasing precious metals for 5-50% less than everyone else, PERIOD! Just imagine what that savings alone could mean to you! With our incredible purchasing power, we are able to buy our precious metals from the largest distributors in the world and by doing so we pass on our tremendous low prices to our associates. We simply pass on our price to our associates without ANY mark up or commissions added to the price. Our associates receive substantial savings getting their metals through us and experience savings anywhere from 5-50% on the same metals they would have purchased elsewhere. Add to that...the fact that our associates also have the opportunity to create a substantial income with their very own "Dealer Direct Pricing" Gold & Silver Business. With the current economic environment and current market trends, our associates are taking advantage of this tremendous timing. And it's easier than ever for them to build a long lasting residual income and maybe for the first time in their lives, create REAL wealth! For many of our associates, that will stay with them and their families for years to come. Just think about it...You can't watch TV or listen to the radio without hearing all about the economy and the importance of owning precious metals. Never before has there been such a huge buying trend towards the purchase of metals. You now have the opportunity to take advantage of the largest market trend in the history of the precious metals market... all while being in the "Right Place at the Right Time" and Create, Grow & Preserve Wealth for you and your family! How We Do It! So you may be asking... "HOW can Preservation Of Wealth not charge commissions or any mark ups and still make money?" Well, the easiest way to explain it is to compare us to a wholesale club business, like Costco and Sam's Club. By having a focused and exclusive group of associates brought together for a single purpose (getting the best prices on precious metals), we use our incredible buying power and purchase precious metals from the largest distributors in the world for the lowest prices possible! We then pass the prices we pay to our associates. Now, obviously if you were buying or wanted to buy precious metals, I'm sure you'd want to get the best prices...right? Well, now you can! And THAT'S how we make our money. We profit and so do our associates, by simply helping others get involved with us by taking advantage of our Exclusive Benefit Package.
An Unprecedented Rush to Gold & Silver Bullion causes Shortages Worldwide
The shake out of ETFs and futures has left the Australian mint short of deliverables and Japanese and Chinese gold retailers seeing a “frenzied” surge in demand. The customers are not just the ‘rich’ or ‘elderly’; in China “they tend to wear water shoes and come directly from the market…;” in Australia, “the volume of business… is way in excess of double what we did last week,… there’s been people running through the gate,” and Japanese individual investors doubled gold purchases yesterday at Tokuriki Honten, the country’s second-largest retailer of the precious metal.
For bullion-buyers, this also introduces an additional variable to consider in looking for a source for your bullion: availability.
I certainly see the current situation as a "buying opportunity" for investors. Indeed, had I not used-up the remainder of my bullion-buying dollars (for the time being) at the beginning of September I would definitely be a buyer myself at the present time.
Higher premiums appear to be the "necessary evil" which those of us who want REAL bullion have to live with - unless you happen to live in a "bullion supermarket" like India. As people grudgingly pay these higher premiums, I remind people to consider how those "high premiums" will look a couple of years from now, when silver is likely MULTIPLES of the current price.
Given the choice between paying silver's (real) "fair market price" today (and getting low premiums on those purchases), or buying silver at a fraction of its real value, but getting "squeezed" for an extra dollar or two an ounce, it is obvious what is better for investors.
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
Robert Kiyosaki : Broke is temporary; poor is eternal.
Robert Kiyosaki : Broke is temporary; poor is eternal.
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.
Robert Kiyosaki : Problems are life's doorways to opportunities.
Robert Kiyosaki : Problems are life's doorways to opportunities.
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.
Kiyosaki : Every time I have been arrogant, I have lost money.
Robert Kiyosaki : Every time I have been arrogant, I have lost 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.
Sunday, April 21, 2013
Robert T. Kiyosaki - The Business of the 21st Century
Robert T. Kiyosaki knows a good thing when he sees it. That's why, for the past several years, he has been a staunch supporter of community commerce. Like many people, Robert was skeptical about the industry at first ... until he learned firsthand what community commerce is all about:
It's about helping people.
Like billionaires Donald Trump and Warren Buffet, Robert is sold on community commerce. He wants to share his insights with you on why he believes it is the business model of the 21st century—and why now is the perfect time to take advantage of the opportunities it offers!
If you're worried about losing your job through down-sizing, or just want to take charge of your future by taking control of your income source, you need The Business of the 21st Century!
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.
Saturday, April 20, 2013
Robert Kiyosaki on The American Energy Revolution
Robert Kiyosaki : The American Energy Revolution - Astonishingly, present trends suggest the United States may cease to import any oil at all by 2020
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.
Robert Kiyosaki : My criteria for an investment is four things
Robert Kiyosaki : My criteria for an investment is four things: What is the project, who are the partners, what is the financing, who will manage it?
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.
Robert Kiyosaki on Hiring an Employee
Robert Kiyosaki : When you’re hiring an employee. Don’t think of it as giving money away. Think of it as buying time for yourself.
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: going for broke
We look at the fallout of dipping gold prices, a cola war in Thailand and the fiscal issues bubbling in Egypt. We talk to John Greeve, the managing director of miner Mutiny Gold from the capital of Western Australia, Perth; International Airlines' Willie Walsh and Pragrom Prathoomboorn a Thai business analyst.
Friday, April 19, 2013
Physical Gold Will Hit $8 000 oz and Silver $500oz By Gregory Mannarino
Many Online retailers Are reporting significant Shortages in Silver Bullion
Many other online retailers, however, are reporting significant shortages. So much so that some are being forced to cancel customer orders because there is simply no inventory, especially as it pertains to silver.
A subscriber alert from Future Money Trends indicated that the shortage is quickly becoming more widespread:
Several bullion dealers are reporting low or no inventory, others are just outright overcharging their customers. Wholesale dealers are also reporting they are out of several products including the American Eagle.- in etfdailynews : http://etfdailynews.com/2013/04/17/precious-metals-retailer-says-they-have-been-experiencing-astounding-volume/
…
“…there is basically a silver shortage right now. Dealers are starting to run out of products and delay the shipping times.” David Smoler, DBS Coins
Here is a message from my good friend who works in the bullion industry when I asked him if there were real shortages happening.
“Across the board, sold out. Delivery delays up to 4-6 weeks, premium rising. Friday was our busiest day ever; until today. Which was much busier.” Andy Hoffman, Miles Franklin
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
Robert Kiyosaki : You get rich because you do things most people will not do
Robert Kiyosaki : You get rich because you do things most people will not do. Success requires sacrifice. You must be willing to make those sacrifices
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.
Robert Kiyosaki : If you don't give people rules they make up their own.
Robert Kiyosaki : If you don't give people rules they make up their own.
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.
Thursday, April 18, 2013
Robert Kiyosaki : Arrogance is ego plus ignorance.
Robert Kiyosaki : Arrogance is ego plus ignorance.
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.
Robert Kiyosaki : If you want to be rich, do not allow yourself the luxury of excuses.
Robert Kiyosaki : If you want to be rich, do not allow yourself the luxury of excuses.
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.
Wednesday, April 17, 2013
Mike Maloney: Today's Low Gold & Silver Prices Are Not Realistic
During this very tumuluous week for precious metals prices, Chris sat down with Mike Maloney, founder and owner of GoldSilver.com, one of the world's largest bullion dealers. Mike is a true scholar of monetary history. His reasons for getting into the bullion business have their roots in a very predictable cycle that has happened time and again over the centuries (more accurately: millennia): 1. A new monetary system is introduced, based on sound money (most commonly, using gold and/or silver) 2. Currency (e.g. paper bills backed by sound money) is introduced to faciliate trade and commerce 3. Governments begin to tinker with ways to 'print' more currency than can be fully backed (e.g. coin clipping, partially-backed notes, FRNs) 4. A false prosperity ensues. Those closest to the new money creation benefit most, and debase the currency further to advance their advantage. 5. Reality begins to catch up with this deficit spending, and the purchasing power of the currency weakens dramatically. 6. The monetary system collapses under too many claims on a limited pool of sound money. 7. Eventually, a new monetary system backed by sound money rises from the ashes (see Step 1 above) Mike believes we are currently experiencing Step 6, and that we will witness the birth of a new monetary regime within the next ten years. What makes this moment in history unique is that all past monetary regime collapses have happened regionally. This is the first time in human history in which all the world's major currencies are collapsing together. Which is why he is so passionate about owning gold and silver. In his opinion, we will soon witness the greatest transfer of wealth ever seen as countries worldwide realize they need to revert to monetary systems backed by sound money (i.e. the precious metals). Those holding gold and silver beforehand will not just preserve their wealth as existing fiat currencies are extinguished, but will see staggering increases in their purchasing power. Those interested in learning more of Mike's specific vision can watch episode One of his new Hidden Secrets of Money video series (Chris and I received advance screenings of the next few episodes, which are excellent in terms of explaining the processes and shortcomings of our current monteary system).
Waht Really Caused The Gold & Silver Price Drops
News on gold and silver. Physical gold being hoarded and physically claimed. Theories and projections. Bullion will have a sell off! Because any individual or company with large amounts of bullion want property or Land.Property gets you a rental income & land can be built on or let out & any asset which gives the owner a return will always beat any asset which does not & you's will all find that Land as been here just as long as gold.eagles are only 92%, similar to crown gold. They contain the full weight mentioned on the coin with the addition of silver and copper to harden them.
People running through the gate to buy Gold Bullion
There are reports of very strong demand for coins and bars from buyers internationally who believe that the sell off that saw gold fall to a two-year low is overdone.
Very significant demand is being seen throughout the world for physical bullion – in Japan, India, Australia, the U.S., Europe and elsewhere. The speculative raid by one or two banks which led to the price crash is being seen as a gift by eager buyers internationally.
Gold sales from Australia’s Perth Mint, which refines nearly all of the nation’s bullion, surged after prices plunged, adding to signs that gold’s slump to a two-year low is spurring increased demand.
“The volume of business that we’re putting through is way in excess of double what we did last week,” Treasurer Nigel Moffatt said by phone, without giving precise figures. “There’s been people running through the gate.”
The Perth Mint’s sales of gold coins climbed 49% to 97,541 ounces in the three months ended March 31 from a year earlier, according to data from the facility in Western Australia that was founded in 1899.
- in http://www.resourceinvestor.com/2013/04/17/people-running-through-the-gate-to-buy-gold-bullio?ref=hp&t=precious-metals&page=2
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
Kiyosaki : Easy Money & Entitlement makes you weak
Robert Kiyosaki : Easy money can make you weak. Entitlement makes you weak. People are looking to strengthen their spirit not weaken it.
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.
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
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.
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.
Silver Market Coming Under Orchestrated Attack
By: Clive_Maund
Much of what is written in the parallel Gold Market update applies equally to silver, and it will not be repeated here. So we will proceed to look immediately at the latest silver charts.
Silver was a sideshow on Friday, as it was gold that came under an orchestrated attack, being driven down first in the Far East before waves of selling in New York took it lower and lower towards critical support, before it was dealt the knockout blow by the London physical market suddenly freezing up in the afternoon, sending holders of bullion into a blind panic and mad scramble to protect themselves in the futures market.
Silver was sideswiped of course and the collateral damage it suffered resulted in it breaking below a remarkably clearly defined and strong support level by the close, as we can see on its 3-year chart, a development which has set it up for a potentially brutal selloff and vertical plunge next week, as this has and will trigger stops clustered in this area, and we can expect hapless traders to be driven towards the exits by margin calls sent out over the weekend.
http://www.marketoracle.co.uk/Article39951.html
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
Robert Kiyosaki : There is nothing more dangerous than a person with only one right answer.
Robert Kiyosaki : There is nothing more dangerous than a person with only one right answer.
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.
Robert Kiyosaki : Asset can be anything as long as it has value
Robert Kiyosaki : Asset can be anything as long as it has value, produces income or appreciates, and has a ready market. Assets put money IN your pocket.
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.
Robert Kiyosaki : The key to my success is rising above situations
Robert Kiyosaki : The key to my success is rising above situations and becoming a better person. Personal development leads to success.
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 trading reaches two-year low
Big banks have naked shorted everything on earth many times over screwed everyone and yes this article is spot on IMO.THE GREATEST COLLAPSE OF ALL TIME IS IMMINENT here, feds puffed up the Dow and suppressed gold and silver, the stage is set for a banking holiday and US tax slaves getting raped in every sense of the word, the question is what flase flag event will the use for cover? EMP by the CIA and blame Korea? Many possibilities but expect the unexpected and it will be this year. PEACE
Sunday, April 14, 2013
Kiyosaki : We Need to Offer Financial Education in Schools
Robert Kiyosaki : " Companies want you to be able to adapt, learn, and change quickly. By the time you master a subject in college it's out dated "
" I propose we start a 2nd school system to teach young people to be capitalists and offer financial education. Then parents can choose..."
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.
Robert Kiyosaki : Problems are life's doorways to opportunities.
Robert Kiyosaki : Problems are life's doorways to opportunities.
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.
Saturday, April 13, 2013
5 Reasons Value of Gold Will Increase
If the gold numbers "pan out" ;) like silvers, then jewelry would represent one of the top three demand criteria..to me the "form" of the metal doesn't matter and I consider jewelry as wearable bullion..so..the 1% number i disagree with, BUT like I said before i think lingering sentiment about 2008, eyes on Cypress and like you said fiat printing and loss of purchasing power have permanently fixed golds value in a growing number of minds..so yeah..the uptrend will remain intact.
Silver Market: China Silver Demand Increases as the Euro Continues its Downfall
Silver will be in high demand in the future. The future of silver looks promising. Many industry insiders understand that silver has the highest electrical and thermal conductivity of any metal that currently exists. As we already know, silver has the potential to store more power in a small amount of space that any other metal that is in existence. Electrical connections that involve silver have the capacity to ignite power needed at a rapid speed. Industries that produce cell phones, computers and other devices for the average consumer use silver. With the popularity of iPhones, iPads and other devices produced by such corporations as Apple Computers will only increase in demand. Solar energy is another industry that silver can accommodate. The list is endless, especially in countries where manufacturing plants produce electronics that use silver such as China. In the web based daily news site chinadaily.com explained why silver is an important commodity in article from 2012 titled ‘China claims biggest global silver market’ by Wu Yiyao. China is the biggest economy in the world in terms of manufacturing. Yiyao reported that “The Washington-based Silver Institute said total silver demand in China increased by more than 100 million ounces, or Moz, in the past 10 years, to a record of 170.7 Moz in 2011.” One of the main reasons China will be an economic powerhouse for the next 100 years is because of its manufacturing base. Yiyao writes:
http://www.globalresearch.ca/buoyant-silver-market-chinas-silver-demand-increases-as-the-euro-continues-its-downfall/5329357
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
Kiyosaki : The Social Security fund will be Bankrupt by 2033
Robert Kiyosaki : In 2012, the U.S. government finally admitted that the Social Security fund will be bankrupt by 2033.
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, April 12, 2013
BREAKING NEWS: Gold Prices Hammered Below Key $1500 Psychological Level-- What's Happening?
Gold took a serious hit today, with prices falling well below the key, psychological level of $1500, a drop that many are calling a "game changer", at least from a technical perspective. Throughout the day, the currently volatile market took prices back above $1500 for a brief period, before dropping again. Daniela Cambone caught up with Bill Baruch, Senior Market Strategist at iiTrader, to discuss today's price movements and the generally volatile state of the gold market. Kitco News, April 12, 2013. Here's a breakdown of our coverage of gold's wild ride throughout the day: BREAKING: Comex Gold Futures Fall Below $1,500/Oz On Heavy Stop-Loss Selling, Long Liquidation
James Turk : Gold to $11,000 - We Are in a Fiat Currency Bubble
James Turk of GoldMoney.com predicts gold will reach "$11,000" per ounce in the next five years. Turk goes on to say, "It might come sooner. It depends on when confidence finally breaks, and we're getting very, very close to that stage. There's nothing holding the dollar together but confidence." Join Greg Hunter as he goes One-on-One with James Turk of Goldmoney.com.
Demand for Silver products is soaring, but prices are dropping
Demand for Silver products is soaring, but prices are dropping, some buyers say they're having a tough time buying silver coins and bullion of late - as if there's a real shortage unfolding. This has ignited all sorts of conspiracy theories, and a lot of worry, too. For several weeks now, it has been difficult to purchase physical silver at any of the nation's coin shows, and most dealers have a very small supply - if they have any inventory at all. What little silver they can purchase, they tell me, goes out the door quickly as buyers snap it up. Yet the market price of silver remains below $29 to $30 an ounce. Recent reports note that Russia has made a hefty purchase in excess of 25 tons 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
Kiyosaki : Student Loans are the worst form of Debt
Robert Kiyosaki : Student loans are the worst form of debt because they can never be forgiven or discharged.
In 2011, college loan debt surpassed credit card debt for the first time - over $1 trillion in the U.S. alone.
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.
Thursday, April 11, 2013
Kiyosaki : Most with College Degrees have zero Financial Education
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.
Wednesday, April 10, 2013
Gold, Silver, Bullion and Taxes
First, OBEY the law. I AM NOT A TAX EXPERT OR LEGAL EXPERT. CONSULT YOUR OWN ACCOUNTANT AND DO YOUR OWN RESEARCH. THIS IS FOR INFORMATION ONLY. Here is an interesting article: http://www.internationalman.com/globa...
Reporting Breakdown-
Gold:
US Gold Eagle and US Gold Buffalo coins, all weights, are not reportable for any quantity.
Foreign coins sold in quantities of 25 ounces or more are reportable. Foreign coins include, but are not limited to: South African Krugerrands, Austrian Philharmonics, Chinese Pandas, Canadian Maple Leafs, British Sovereigns, etc.
Fine bars sold in weights of one kilo (32.15 troy ounces) or more per transaction are reportable.
Silver:
Bullion coins sold in any quantity are not reportable. Examples include, but are not limited to: Mexican Libertade, US Eagles, Austrian Philharmonic, Canadian Maple Leaf, etc.
Bullion bars and rounds, .999 fine, sold in weights of 1,000 ounces or more per transaction are reportable.
Junk bags of 90% coins, $1,000 face value or greater sold in a single transaction are reportable.
As outlined here, a gold and silver bullion investor can avoid any 1099B reporting requirements by simply pursuing a buying strategy of coins that are exempt. We must add a note of caution: arranging the sale of bullion in multiple transactions to skirt the reporting requirements will expose the seller to further scrutiny and possible prosecution. A dealer that determines a seller is using a pattern of sales to avoid 1099B reporting is required to file a Suspicious Activity Report.
Gold & Silver Coins Investment
Brief discussion on Gold and Silver coins as a viable investment
Article 1, Section 8:
The Congress shall have Power . . . To coin Money, regulate the Value thereof, and of foreign Coin . . . ; To provide for the Punishment of counterfeiting the Securities and current Coin of the United States . . . .
Article 1, Section 10:
No State shall . . . coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts....
Silver Demand, Is the world really running out of Silver ?
An interesting look into silver's history as money along with the current supply vs demand numbers. Topics in this video include: The four attributes that made silver so valuable to early civilizations: 1) Malleability 2) Aesthetics 3) Antibacterial 4) Rarity
Supply and Demand - Traditional Silver Uses:
1) Jewelry 2) Coins, medals 3) Silverware
Industrial Silver Uses:
1) Photography 2) Electrical 3) Soldering 4) Ethylene Oxide 5) Photovoltaic Cells
Silver Demand by Country:
These five countries make up over 60% of global silver demand
1) United States 2) Germany 3) India 4) China 5) Japan
Silver is Supplied from 3 Main Sources
1) Recycling 2) Net Gov't Sales 3) Mine Production
Silver Thursday
It all started in the late 1970s when the Hunt Brothers attempted to corner the silver market. The COMEX implemented new rules that heavily restricted the purchase of commodities on margin and the price plummeted. To avoid the crash of several Wall Street banks, a number of banks bailed out the Hunts with a $1.1 billion loan.
Majority of Global Silver Production has been consumed
Some estimates say up to 95% of total supply has been consumed and thrown into a landfill.
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
Robert Kiyosaki : The keys to success, in business and in life, are truthfulness
Robert Kiyosaki : The keys to success, in business and in life, are truthfulness, the ability to take and give honest and well-intended feedback
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.
Robert Kiyosaki : Hitting rock bottom is freeing
Robert Kiyosaki : Hitting rock bottom is freeing. No one has any more expectations for you. The only remaining expectation is your own
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.
Robert Kiyosaki : Your mind is not your friend Your heart is
Robert Kiyosaki : Your mind is not your friend. Your mind tells you why you can't. Your heart has your best interest.
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 9, 2013
Peter Schiff : Gold will be many multiples higher once the printing presses stop
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.