Thursday, August 11, 2011

Donald Trump : The world is in serious trouble

Donald Trump : "The world is a mess, we haven't seen anything like this before," , Donald Trump is Trump Organization chairman/president, who adds that Europe is hurt because the U.S. led the way with the mortgage crisis. "we let it. we're the ones that started it. europe has been hurt by our wonderful mortgage accumulations of which i used to watch in amazement as they put together 5,000 mortgages and sell them to everybody all over the world. if you look at that mess that certainly didn't help the european banks that we're talking about right now. but, you know, we led the way. and Europe is suffering. certainly Europe made some tremendous mistakes. they have been pretty bad also. the world is in serious 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.

Gold to go to Inflation adjusted high of $2400/oz in January of 1980

The factors that continue to prop up Gold, are low interest rates will be around the next 22 months and we're looking at global economic issues driving gold to record highs not only in dollars but euro, sterling, yen and one many see gold prices continuing to rise towards the inflation adjusted high and the $2400 mark




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)

Gold Rush in Thailand

Thailand is taking part in the global gold rush. There is so much demand for it that the Thai Gold Traders Association says some shops have run out.The ounce of gold hit the record of $1800 an ounce. The price keeps rising and makes gold an especially solid investment when compared with other volatile world commodities. Asia and especially India and China are seeing a Gold rush by the population , the premiums on the gold are betting higher and there is shortage of gold supplies in the markets ....
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