Monday, August 8, 2011

Donald Trump on the US Downgrade by S&P

Donald Trump : " I'm not a big fan of S&P.I have to start up by saying that I've watched them over the years. i've watched them giving rave reviews, which has absolutely crashed around them. i don't think they know more than anyone else. i think they're probably doing this as a way of trying to resurrect their reputation, which is terrible. I'm not a big fan. with that being said, we have a dysfunctional government, we have a dysfunctional country, we have no leadership, and a couple other minor little problems" 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, August 7, 2011

Gold could spike to $1700/ $1800 Monday morning when the markets open

This S&P Downgrade might also help send the Gold north of $100/oz $1800/oz and it may increase the process of global holding says Economist Max Fraad Wolff , Gold may become a substitute to the dollar as the world reserve currency



The Maggots will thrive in the rotting corpse that used to be our economy. The vultures and hyenas will feast and fatten on the bloated corpse that used to be our middle class. When the flies hatch and buzz away all that will be left are bones and a greasy spot. Welcome to the new 2 class social order...the elite and everybody else.

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)

Saturday, August 6, 2011

The world largest gold coin

Making of the world's largest gold coin, a 2007 Canadian $ 1,000.000 Maple Leaf. Right now this is worth $5,336,941.
This coin breaks all records: It weighs a staggering 100 kilos and measures 53 cm in diameter. But the most remarkable thing about this impressive coin, which cannot even be lifted by two men, is that it is made exclusively of the purest, finest and most refined gold: 999.99/1000 gold.
Although this coin is really cool, its just WAYYY too big for anyone to really want to own it (those who can afford it). I mean, you need 3 people to lift it!! The Canadian mint was better off making a 1 kilo size, it would have been much more profitable for them.Initially, only one was to be made and it wasn't meant to be sold. They did it just to showcase the fact that "hey world, look what we can do". But a few people approached them and said they would want to own them. So they made 5 of them. I just wish they made some sort of glass casing around the coin so everyone's hand prints wouldn't be all over the coin. Otherwise, I love this coin and would love it even more if I can own it.
DAILY NEWS ON BOOZE