Friday, July 6, 2012

Jim Rogers: The Huge Gold Sell-Off Might Only Be Halfway Done

Jim Rogers : "I've actually owned gold for longer than 11 years. I'm not buying now. Gold went up 11 years in a row, which is extremely unusual for any asset. I don't know of any asset in history that's gone up 11 years in a row without a correction.
"Corrections are normal and are the way things should work, the way things do work. Having said that, I don't know when the correction will stop. It's normal in my experience for corrections to go down 30 or 40 percent. It's just the way markets work."
I'm certainly not selling my gold, because I suspect gold will be much, much, much higher over the next decade. - in OilPrice.com

Wednesday, July 4, 2012

We are Preparing for Economic Collapse - Robert Kiyosaki

The credit cards and grocery stores came later and our dependence on them is our weakness. Getting of our backside and growing our own food can keep us self--sufficient. Don't worry too much. We already grow our own vegetables and it costs very little. Invest in land and grow your own food. Its cheaper.we need to find a way to band together. these guys are basing their survival solely on the self. I hope other People survive too. Not just me. I think my odds are better that way. Who is going to sit in a pile of smoking ash counting their money?

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.

Tuesday, July 3, 2012

Gold Headed for $2,500/oz says David Morgan

David Morgan : it's both , the global currency mess and inflation fears that are gonna start that , probably any time , we will see higher prices in gold and silver says David Morgan we are in about 12 years right now in the gold rally says David Morgan so we have got a good five years left he said
DAILY NEWS ON BOOZE