Tuesday, July 12, 2011

Bob Chapman - Radio Liberty 11 July 2011

Bob Chapman - there are 23 class action suits against HSBC and they have in the work for probably 8 months to institute a Rico law suite , the Chinese (gold and silver) exchange is real and may very well break the monopoly of JPm particularly in Silver


Robert Kiyosaki : Need a Job? Become a Landlord...

A recent Wall Street Journal article advises retirees to consider becoming a landlord could provide a monthly cash flow
Robert Kiosaki says in his new book "he follows the jobs because money follows jobs" that’s where people end up and therefore where the money ends up. People need a place to live near where they work. No jobs.. People eventually move - to location with jobs. Look at Michigan - now a ghost town - was boom town during Americas manufacturing. Now almost dead. Money follows jobs. You need to invest where the jobs are ,Using these strategies you can become a more profitable and efficient landlord. Real estate investing can become more enjoyable and predictable when you receive automatic rent payments by automatically having rent deducted from tenants bank accounts and deposited in yours.



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.

Bob Chapman : Gold to go between $6000/oz and $8000/oz nominally

Bob Chapman : ..anybody who is in Gold and Silver coins bullion and shares is going to make a lot of money because absolute minimum the Gold can go to is $3000/oz nominally $6000/oz to $8000/oz " everybody in those investments will be able to protect their buying power by holding them (Gold and Silver) rather than the dollar or any other currency




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)
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