Monday, April 18, 2011

Gold and silver prices react to Bernanke liquidity Bubble

Gold and Silver. once again the hottest investment picks today and for the week, the Gold surging toward $1,500 an ounce. the new nominal record high, silver hit a 30-year high, just over $43 an ounce. did someone say Bernanke liquidity bubble? well, i just did once again says Larry Kudlow. and as for stocks, the Dow gained 57 points today on positive consumer sentiment, strong industrial production, and a good new york fed manufacturing index. but consumer prices jumped again and they are now rising 6% at an annual rate over just the past three months. stocks did fall for the week, however, lingering earnings disappointments in the light that alcoa, google, and bank of America. so let's talk about this fed liquidity bubble and the outlook for earnings next week so you investors can figure out how to make an inflation proof buck or two.


Marc Faber on Gold : Physical assets vs Miners

Marc Faber, editor & publisher of "The Gloom, Boom & Doom Report" talks about his preferred ways to invest in gold  " well basically I do not think that people should punt on Gold but they should be their own central bank and gradually accumulate gold reserves as a currency and they should basically hold it physically but not in the US outside the US " " I think there is the risk that the US will once again as they did in 1933 collect the gold expropriate the gold they will not take away and not pay anything they'll pay probably the market price and after they will revalue it it by say five times "

Sunday, April 17, 2011

Robert Kiyosaki : my lifestyle is not dependent up the stock market

Robert Kiyosaki  :   “They are definitely not for the masses, no. They are only for people who want to get rich. Most people want to get rich, which is why they go to Vegas; or buy a lottery ticket; they are just not willing to pay the price, which is how our whole conversation started. It comes back to the question--- ‘Are you willing to pay the price, and how bad do you want it, and how are you going to do it?’ How bad do you want it, and which process are you going to take? The process I chose was to get financially educated to be an Entrepreneur; to understand real estate and to understand the stock market. I floated a company a few weeks ago, and I made more money in a day than people will make in a lifetime. The thing moved---I had $.15 a share and the thing went to $3.25 a share – a million and half shares. But, it’s all on paper and I know it is bogus; so if I lost it all, it wouldn't affect my lifestyle. I can lose three million dollars because it’s just paper. Thus, my lifestyle is not dependent up the stock market.”
in a recent interview
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.
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