Thursday, July 18, 2013

Kiyosaki ‏: Being an Entrepreneur is not a get-rich scheme


Robert Kiyosaki ‏: Being an Entrepreneur is not a get-rich scheme; it takes strength of character to keep going.

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.

Robert Kiyosaki : To become wealthy, you must do things most people will not do.


Robert Kiyosaki : To become wealthy, you must do things most people will not do.

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.

Wednesday, July 17, 2013

Gold after Bernanke - Peter Hug of Kitco Metals




Peter Hug talks gold after Federal Reserve Chairman Ben Bernanke's testimony in front of the US House of Representatives on Wednesday. According to Hug, Bernanke's comments were nothing different from what he's been saying for the past 3 months. "He's basically saying and been saying that if the economy improves he'll consider easing off on the tapering program, which doesn't mean increasing interest rates. If the economy gets worse, not only will he continue his bond purchases but he may even increase them. So it's status quo," Hug said. "This [gold] market is at risk of further weakness," Hug added. He is concerned because negative news coming out of Europe and Egypt as well as the Fed's continuous easing should propel gold prices higher but they are actually in a downward trend. Prices are going down because people are looking for returns so they are getting out of gold and seeking assets that yield returns, Hug said. Tune in now to hear Hug's resistance and support levels for gold. Kitco News, July 17, 2013.
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