Sunday, January 13, 2013

Robert Kiyosaki ‏:Making more Money is only helpful if you use the Money you make to purchase Cash-flowing Assets

Robert Kiyosaki ‏: " Making more money is only helpful if you use the money you make to purchase cash-flowing assets that in turn help you make more 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.

Friday, January 11, 2013

Chinese Inflation Pounds Gold, Silver; New Lows Seen

Gold and Silver prices gave back nearly all of their prior day's rally and the dollar and yen slid further Friday after China reported inflation accelerated in December. Rising inflation reduces the certainty of more economic stimulus, which traders see as a catalyst for driving precious metals prices higher. Spot gold prices lopped off 0.88% intraday to $1,661 an ounce, giving back the prior session's gains. SPDR Gold Shares (GLD), tracking a 10th of an ounce of bullion, tumbled 0.79% to 160.70. Market Vectors Gold Miners ETF (GDX) shed 0.07% to 45.38. "Gold and silver appear to be falling with materials generally, trading more like commodities than precious metals, on negative global economic news," Tom Winmill, manager of Midas Fund , said in an email.
Read More At IBD: http://news.investors.com/investing-etfs/011113-640298-gold-silver-prices-plunge-on-china-inflation.htm#ixzz2HiWlk2TF

What Are the Silver to Gold and Platinum to Gold Ratios Indicating?

At my firm, we are deeply convinced that the bullish fundamentals for the precious metals market are still in place, and are not easily put off by recent corrections. But how can one tell which asset will outperform the others when the market finally starts to rally strongly? You might have noticed that we quite often use various ratios on our charts – such a technique is called Relative Strength Analysis and helps an analyst tell which of the two assets (or group of assets) is likely to do better in the future. This may be done to compare two particular assets (such as silver:gold ratio) or two groups of assets (such as the general stock market and precious metals stocks – SPX:GDX ratio).
>> Read more: http://www.minyanville.com/sectors/precious-metals/articles/What-do-Silver-to-Gold-and/1/11/2013/id/47323#ixzz2HhH7wEoy
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
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