Thursday, April 21, 2011

Stephen Leeb : Silver price will go exponential

Stephen Leeb on Goldseek Radio 20 Apr 2011 : ...what I am more concerned about to be honest with you is what going on with Silver market and rare earth market says Stephen Leeb these markets are up more than 30 percent since the Japanese Earthquake and the nuclear accident , I do not think it is coincidental I really think it is recognition that silver and rare earth are going to be in tremendous demand because they are central to renewable energy , and if the nuclear is going to take a back seat even in China where they will still go forward pretty aggressively with nuclear they're really got to be more conscious of the risks that means a lot more solar a lot more wind a lot more rare earth a lot more silver , I would not be surprise that the Chinese are behind the Silver market move Stephen Leeb added ...or a major part of it , if that's the case I would guess the silver will go much more higher ....Silver price will go exponential


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Robert Kiyosaki : There are 3 Types of Education , Academic Professional and Financial

There are 3 Types of Education , Academic Professional and Financial says Rich dad Robert Kiyosaki : an important part of the financial education is having a financial statement income statement and a balance sheet , your financial statement will tell you whether you are smart with money or not smart with money , because that financial statement is your report card of your financial intelligence Our schools are training people to be employees to work for the rich says Robert Kiyosaki “Most people can’t because they have been trained to be workers. It’s called a working class mentality rather than an investor mentality. Lesson number one in Rich Dad Poor Dad is the rich don’t work for money; they learn how to make their money work hard for them. I've learned how to make money work hard for me, so I don’t have to work for money. It’s a completely different education process.”




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 the Gold is not in a Bubble

Dr. Marc Faber speaking recently with CNBV TV18 from India says that Gold  is far from being in any form of bubble , cause In gold and silver terms, Faber said , the Dow Jones over the last 10 years has already lost more than 80% of its value. "If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hrs a day. But I don’t think it’s really a bubble. I think may be gold is cheap."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
DAILY NEWS ON BOOZE