Kiyosaki : I love debt , I am a debt guy

Robert Kiyosaki : Well, the thing of it is, already, what’s happening is food’s going up and the reason food’s going up is simply because all the farmers are old. The average age of the American farmer is almost 60. But, also, is, you know, as oil prices staying, let’s say about $85.00 a barrel, that affects not only fertilizer, but transportation costs. So, like it or not, food’s gonna go up regardless. And look at the other side of it ‘cause I’m a debt guy. I love debt. You know, that’s why I buy large apartment houses with 100 percent financing. And because I’ve been in real estate and I can cash flow a property and all that, the banks are just giving me all the debt I want for like, you know, five percent, six percent. And this is fabulous. And, to me, you know, I’ve been just an advocate of financial education for years and I said, “Why doesn’t our school have financial education?” Our leaders don’t have any financial education, that’s for sure - in Goldseek Radio Interview

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 On The Alex Jones Show 25 Nov 2011

Bob Chapman : The Europeans are stuck , they created a monster an unnatural association that it is not working ....US Government is probably involved with the MF Global scandal ....

Sprott To buy $1.5 Billion In Silver: 25% Of 2010 World Silver Investment Demand!

I wouldn't compare Sprott's fund with the iShares Silver Trust as PHS.U has physical silver to back your investment...unlike holding worthless paper in the case of iShares. That may explain the difference in premiums between the two...I bet Eric Sprott will NOT be getting a Xmas card from JP Morgan this year. By my math $1.5 billion equals about 45 million ounces of silver. That is a lot of silver! I wonder if the COMEX even has that much silver available for immediate delivery. Maybe Sprott's purchase will clean out the COMEX inventory cupboards bare. Buying the limited supply of physical silver will make it difficult for JP Morgan to continue their silver price management scheme.





Silver and Gold vs fiat currencies? You can't print gold and silver. You can always count on spineless politicians (they call themselves "Leaders" - what a joke) to print, borrow and spend their way out of trouble while kicking the can further down the road. You either believe in precious metals or you don't. If you do, you are buying for the long run knowing silver and gold will retain their purchasing power. BTW, an ounce of silver still buys approximately ten loaves of bread 4,000 years later. Getting a better deal on PHS.U is great but when the poop hits the fan people will consider even 20% above NAV a bargain.

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