Max Keiser interviews Dan Collins from thechinamoneyreport.com. He talks about the big news coming from China in the past few weeks, which is that the investment demand for gold and silver is going up.China's Yuan / Renminbi has 1,200% Leverage per Yuan / Renminbi as of last May. The U.S. Dollar has 120% Leverage. China looks good only because China services it's own debt load.. thru building empty City's.. 7 to 12 empty City's a year are built to service the China's Debt. The People of China and India do consume Gold and Silver and as well China has a swap window for Yuan to Gold.. But China is benefiting from true price discovery in Gold and Silver prices. Protecting their Fiat 2!!
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Sunday, November 20, 2011
Robert Kiyosaki : I always use debt, taxes and gold as my thing
Robert Kiyosaki : I thought it was interesting, yesterday, Cramer was telling everybody to buy and today, it drops. He’s a very smart man, but he should stay out of gold. Anyway, I don’t know. I mean, I think – I’ll just tell you my plans because I started loading up heavily around ’96, ’97 and it kept going down. I think it hit a low of like $275.00 or something around 2000, and I just kept loading up. I’ve been loading up ever since. So, I’ve just been less loading now, but my strategy is I always use debt, taxes and gold as my thing. So, I plan to start exiting around the year 2016, 2017. And with the gains I make in gold, I’m gonna pay off my debts. Like, I have lots of apartment houses. I buy gold for one simple reason. I don’t trust my government. I don’t trust most government leaders and I think the biggest thing we gotta watch out for, besides the pressure in the Middle East because, everybody expects Libya to go democracy and, I think that’s yet to be seen. But, the biggest quandary today is actually is in the EU because they have some severe operating problems. They – Greece is not the same country as France. At least in the States, we’re all states and we’re the same country. But the European Union has very, very serious powers between strong countries and weak countries. The United States biggest problems will be coming up in five years. It’s called Social Security and Medicare and these are structural problems that will not go away with an election or a promise from a President. So, Europe’s problems are today and America’s are five to seven years. Europe is, I mean, England is a big worry. They’re doing their best to handle ‘cause of the rioting, but they’re not strong. So, I’m just – I would rather have gold than anything else right now. I don’t trust – I don’t – and something can happen. - in Goldseek Radio
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.
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 - Erskine Overnight - November 19, 2011
Bob Chapman : in Germany Merkel is pushing towards what one may call desovereignation of the countries that are left within the Eurozone they want to hand over the operations of each country fiscally to the IMF and ECB , these countries are all going to lose their sovereignty , the situation is dreadful and they still playing politics , they all are going to collapse eventually ,
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