Saturday, February 9, 2013

Spot Gold Declines on Haven-Demand Concern; Platinum Slumps

Gold declined on speculation that haven demand may wane as reports from the U.S. to China signaled improving growth in the world’s two largest economies. Platinum dropped for a second day, retreating from the highest since 2011.
Gold for immediate delivery lost as much as 0.2 percent to $1,668.05 an ounce and traded at $1,671.05 at 10:25 a.m. in Singapore. Prices are little changed this week after declining 0.4 percent yesterday. Gold for April delivery was little changed at $1,670.60 an ounce on the Comex in New York
read more : http://www.bloomberg.com/news/2013-02-08/spot-gold-declines-on-haven-demand-concern-platinum-slumps.html

Gold Rush: Japan Inc. flocks to Myanmar

Gold rush: Japan Inc. flocks to Myanmar

An eyewitness report on the rapid changes engulfing the country and the prospects for further democratization

The visa section at the Myanmar Embassy in Tokyo used to be a quiet and lonely place, but not anymore. Pointing to boxes containing hundreds of Japanese passports bearing business visas, the staff there told me the deluge began in early 2012.
ANA now has all-business-class direct flights to Yangon from Tokyo, and is operating near full capacity. The Japan External Trade Organization (JETRO) office in Yangon reports being swamped by requests for assistance by Japanese firms looking to cash in on Asia’s most promising frontier. PR giant Dentsu is opening an office there this week. I even met a young Japanese nail artist in Yangon who thought she would try her luck in Asia’s latest boomtown.
Until a couple of years ago there were few vehicles on Yangon’s streets, and hotel rooms went begging. The new normal, though, is traffic jams, packed hotels and spiking rental rates for housing and offices.
read more : http://www.japantimes.co.jp/news/2013/02/10/asia-pacific/gold-rush-japan-inc-flocks-to-myanmar/#.URc-loaIDWg

Robert Kiyosaki : Do not live Below your Means

Robert Kiyosaki :  Do not live below your means. BUT do not be one of those people who ‘look good but go nowhere’. Use CASH FLOW to buy your toys.

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.
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