Saturday, March 16, 2013

Robert Kiyosaki ‏: True education makes you fill stupid


Robert Kiyosaki ‏: True education makes you fill stupid. It makes you realize you have so much more to learn.
The more you learn, the more you know you don’t know.

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 : It’s stupid to work hard for Money


Robert Kiyosaki : It’s stupid to work hard for money. Use other people’s money and energy to make you rich. Instead, work hard for knowledge.
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, March 15, 2013

Max Keiser ~ Gold to hit $10,000 per ounce in 21st century?



Max Keiser and Stacy Herbert ask why China fears currency war. They also look at Johnson & Johnson's big loss on Venezuela's currency devaluation and what this means in a currency war world where major devaluations can happen at any moment. In the second half of the show, Max Keiser talks to Jim Rickards, author of Currency Wars, about which nations are winning the war.

Robert Kiyosaki ‏: Investing is not risky


Robert Kiyosaki ‏: Investing is not risky. What is risky is not investing in your financial education.

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 ‏: Don’t listen to the rich. WATCH the rich


Robert Kiyosaki ‏: Don’t listen to the rich. WATCH the rich. Don’t do what they say, do what they 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.

Thursday, March 14, 2013

Robert Kiyosaki ‏: The key is to use your extra money to make more extra money


Robert Kiyosaki ‏: The key is to use your extra money to make more extra money. That's the financially intelligent thing to 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.

Robert Kiyosaki on The Tax Advantages


Robert Kiyosaki ‏: One of the many reasons I chose to work predominantly in big business and investing is because of tax advantages.


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, March 13, 2013

Marc Faber To Robert Shiller: "You Keep Your Dollars, I'll Keep My Gold"

Even if the human population was destroyed gold and silver would still be valuable. Also it is very clear silver is undervalued, it takes 30 dollars to remove it from the ground and this does not include any other cost. So do to paper manipulation we have been paying less than the cost of production per ounce.. U.S. stockpile has been reduced from 10 billion ounces to 0.0 ounces in the past 30 years.



Robert Shiller VS Marc Faber Debating Gold Investment for 2013. More info at: http://DailySilverUpdate.com Mr. Shiller has recently questioned Marc Faber's decision to stack physical gold instead of holding onto worthless fiat. He is a professor of both economics and finance at Yale and author of the best-selling book, Irrational Exuberance.


"I'm prepared to make a bet." said Faber. "You keep your US Dollars and I'll keep my gold. We'll see which one goes to zero first."

Marc Faber admitted to being too gloomy, joking that "Sometimes I'm so concerned about the world I want to jump out of the window."

But "in the worst case scenario, in the systemic failure that I expect, [gold] would still have some value," the Swiss author and money manager went on.

Shiller responded "I'm inclined to think gold prices after this crisis might return to a lower level. Given the low yields of the alternatives [ie, bonds], the valuation of the stock market doesn't look so bad."

When the financial system "goes down" replied Faber, "and only plastic credit cards are left, maybe then people will realize and go back to some gold-based system or such."

What is a silver shortage, and is there one right now?

What is a silver shortage, and is there one right now?

Following the news last week that the U.S. Mint had run out of its initial production of 2013 Silver Eagles, reports were circulating on industry blogs that the Royal Canadian Mint was next-in-line, and suffering a silver shortage. In other news the FED balance sheet crosses 3 Trillion as they print $85 billion per month. Not only is the fed printing but countries across the globe are expanding their currency supplies.Very interesting how the velocity of US Dollars is at a 50 year low while the money supply triples... which is the only reason that inflation has not yet sky-rocketed. But with the world-wide massive debasement of currencies by printing money out of thin air and chronic massive deficit spending, the prognosis for paper money & world economies is not good. This is all non-sustainable & sooner or later, something is going to give. Don't trust paper, trust PHYSICAL gold & silver in your hands.
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

Robert Kiyosaki ‏: An Investor’s most important tool is Information


Robert Kiyosaki ‏: An investor’s most important tool is information. Without good information, and an education to understand it, investing becomes guesswork.

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 : Investing is a plan, not a product or a procedure


Robert Kiyosaki : Investing is a plan, not a product or a procedure.
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.

Financial Struggle



Robert Kiyosaki : Financial struggle is often the direct result of people working all their lives for someone else.
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, March 12, 2013

Robert Kiyosaki : Schools were designed to create employees for the big corporations


Robert Kiyosaki : Schools were designed to create employees for the big corporations. Is that what you want for your children? 

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.

Monday, March 11, 2013

Marc Faber: Buy Gold & Silver Now before the market crashes in July 2013

Marc Faber: Gold & Silver Investors Must Prepare for Enormous Financial Disaster 2013 .Gold and silver have been selling off recently in tandem with the S&P 500. How far will the prices crash before the correction is over?

Marc Faber : "I do not think that the market is as over bought as it was in 1987. So I do not expect a crash, but I think for the time being the market has peaked out. And I think that in the meantime, bonds which are extremely oversold could rebound," "Either we have a correction now and then we go up further, or we go straight up into a high in July-August from where we could crash. So, I welcome a correction here." "The market has now become quite overbought and that there is very significant or over-extended bullish sentiment. Everybody says sell bonds, buy equities. And when everybody thinks alike, one has to be careful. If we have a correction of 10%, I wouldn't necessarily buy into the market. I would watch the rebound because I think there is a very great chance that the rebound will fail to make a new high," - in a recent interview with money Control

Physical Gold Shortage Possible in the Near Future

 New York, NY (PRWEB) February 25, 2013

In response to the economic stimulus programs employed by the world’s most powerful governments, central banks in many developing countries are transferring their holdings into gold, as the metal is considered a more tangible asset than reserve currencies that are being devalued in the ongoing currency war. According to reports from the World Gold Council, central bank buying accounted for 534.6 tons in 2012. Quite the shift from the previous trend of central banks selling 400 tons a year, accounting for over 900 tons in a 4,000 ton market. Among the new players in the central bank buying game were Latin American countries including Brazil, Paraguay, Venezuela and Mexico. Russia, South Korea and the Philippines held their status of recent big buyers, and Iraq made an appearance onto the scene last year, buying 24.1 tons of gold.

Arthur McGuire, Vice President of Gold Price, says, “As the world’s most powerful central banks print money without restraint, up-and-coming central banks all over the world are starting to realize that they don’t want to hold money that is being devalued and set to see hyperinflation in the future. China and India have been buying vast amounts of gold for years, but now we’re seeing smaller countries jump on the bandwagon, and this shift could cause a shortage soon. We’re recommending that investors buy gold coins and bars now, while prices are low compared to what they could rise to if we end up seeing a significant shortage of physical gold supply.”
Read more: http://www.digitaljournal.com/pr/1090803#ixzz2NG1lTw5Q


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

Robert Kiyosaki : A Key to Success is...



Robert Kiyosaki : A key to success is to have your thoughts, words, and actions so integrated and congruent its as if they are operating as one.
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.

Sunday, March 10, 2013

This is a black eye for Gold says Adam Klopfenstein

“The employment data is very positive and is pushing gold down,” Adam Klopfenstein, senior market strategist at Archer Financial Services, tells Bloomberg. “This is a black eye for gold, as this data brings back the assessment of when quantitative easing may end.” - in Newsmax

Robert Kiyosaki : Money is only an idea


Robert Kiyosaki : Money is only an idea. If you want more money change your ideas.
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.

Saturday, March 9, 2013

What is Robert Kiyosaki Investment Strategy ?


Robert Kiyosaki ‏: Keep expenses low, reduce your liabilities, and diligently build a base of solid assets.
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 : The problem with a job is relying on others to give you a living


Robert Kiyosaki : The problem with a job is that relying on others to give you a living is the biggest risk of all.
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 : Asset can be anything as long as it has value


Robert Kiyosaki : Asset can be anything as long as it has value, produces income or appreciates, and has a ready market. Assets put money IN your pocket.
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.

Marc Faber – How The Last Gold Bubble Worked

“I lived through the last gold bubble between 1978 and January 1980. The whole world, whether you were in the Middle East or in Asia or Europe or in America was trading London gold, buying and selling every day.”
“This has not happened yet, and it hasn’t happened. Your friends, the deflationists, have been telling people that gold will collapse to $200 an ounce for the last 10 years and that’s it was in a bubble.”
“[They] said it [gold] was in a bubble at $500; they said it at $600, and they’re still maintaining it. So a lot of people they don’t own it; they bought it and sold it again. But in the meantime, gold has moved into sold hands.”
- Marc Faber

Friday, March 8, 2013

Robert Kiyosaki : More money doesn’t solve problems


Robert Kiyosaki : More money doesn’t solve problems. Most people, given more money, only get into more debt.
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 ‏: Each dollar in my asset column is a great employee


Robert Kiyosaki ‏: Each dollar in my asset column is a great employee, working hard to make more employees and to buy the boss (me) a new Ferrari.
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.

Thursday, March 7, 2013

Robert Kiyosaki ‏: Be thankful for what you have; you'll end up having more


Robert Kiyosaki ‏: Be thankful for what you have; you'll end up having more. If you concentrate on what you don't have, you will never, ever have enough


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 : Being Debt Free is Financial insanity


Robert Kiyosaki : Being debt free is financial insanity. GOOD debt is the key to wealth building.

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, March 6, 2013

Robert Kiyosaki : 3 things that stop Success


Robert Kiyosaki : 3 things that stop success: bad past; bad partners; and friends who don't value education.
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 ‏: Entrepreneurs do not put up with bureaucracy


Robert Kiyosaki ‏: Entrepreneurs do not put up with bureaucracy. They fight through, find a way around, or find a way take action outside of the red tape.

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 : It’s stupid to work hard for Money

Robert Kiyosaki : It’s stupid to work hard for money. Use other people’s money and energy to make you rich. Instead, work hard for knowledge.

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.

Marc Faber : Gold can be volatile & shake weak hands

Marc Faber : The gold market can be extremely volatile, a normal symptom of a fiat-backed financial system inducing the public into schizophrenia—of clinging to the familiarity of a 67-year-long financial system, moving to periods of fearing total loss at the currency graveyard—will chase investors out.

Related Symbols: GLD, SLV

Marc Faber : Gold can have strong corrections

Marc Faber : A 30 percent correction or 40 percent correction cannot be ruled out, but as I maintain, again and again, I’m not going to go and sell my gold,” Faber said forcefully, as he explained that owning gold is should be viewed as the ultimate insurance policy to cover financial calamity.

Tuesday, March 5, 2013

Gold Poised for an Upswing?

RBC Wealth Management's George Gero tells TheStreet's Joe Deaux new buyers could emerge as China may approve a new gold ETF.

Robert Kiyosaki : Investing is less risky than being an employee


Robert Kiyosaki : Investing is less risky than being an employee.Skilled investors are in control of their investments;employees are controlled by their boss.

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 ‏: Money is not the goal. Money has no value


Robert Kiyosaki ‏: "Money is not the goal. Money has no value. The value comes from the dreams money helps achieve. ""My poor dad said, “money doesn’t make you happy.” My rich dad said, “why not spend a little time being thankful for the money you do have..”"

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 on Why Business Fail


Robert Kiyosaki : More businesses fail from lack of leadership than from any other single factor.
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.

Monday, March 4, 2013

James Rickards Gold Forecast




James Rickards Interview - U.S. Dollar & Gold Forecast : Jim Rickards breaks down the recent gold correction and shares his price outlook for 2013James G. Rickards, author of "Currency Wars: The Making of the Next Global Crisis" and renowned American lawyer, economist and investment banker, sat down w/ Kitco News' Daniela Cambone to discuss his work and the evolving "currency wars". Don't miss this excellent interview and opportunity to hear Rickards expand on his sometimes controversial ideas, including the national security risk posed by clandestine gold purchases by China, hidden agendas of sovereign wealth funds, and more!

There is a Silver Shortage! USGS Report; Destroyed.

manipulated reports,manipulated markets, there is no way to analize numbers without any certainty of where exactly they are derived from..if one number is based on a previous number and that one is inacurate then ? kinda like having a map and being told to walk ten feet, but they dont tell you where to start. i prefer to keep an eye on the street supply, the inventory levels, the back order time frames and such.keep pluggin away man.thanks .peace.

People were saying that this report proved there was not a silver shortage.. BrotherJohnF showed that this was untrue. But underneath the USGS's own data, which supposedly proved there was no silver shortage; an absolutely massive silver debt bubble was found.
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

Robert Kiyosaki : Rich people buy luxuries last


Robert Kiyosaki : Rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.
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 ‏: The reason they are called brokers


Robert Kiyosaki ‏: The reason they are called brokers is because they are often broker than you.

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 : Find an Opportunity and make it Great


Robert Kiyosaki : Don’t just try to find great opportunities. Find an opportunity and make it great.


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.

Sunday, March 3, 2013

Robert Kiyosaki ‏: The opposite of risk is control


Robert Kiyosaki ‏: The opposite of risk is control

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 : more Money doesn’t make you Rich – Assets make you Rich


Robert Kiyosaki : The more money you make the more money you spend, that’s why more money doesn’t make you rich – assets make you rich.

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 ‏: Definition of a capitalist



Robert Kiyosaki ‏: Definition of a capitalist is a person who brings capital and property to market.

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.

Saturday, March 2, 2013

Robert Kiyosaki : The world is full of smart poor people


Robert Kiyosaki : The world is full of smart poor people.

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 : Fiscal policy is good news for you


Robert Kiyosaki : Government is driving their own fiscal policy off a cliff. This is good news for you
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.

Rich people Don’t own assets but do own corporations that own assets


“Rich people don’t own assets but do own corporations that own assets.” - Sutton Law Center

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, March 1, 2013

American Gold Eagle (Gold coins)




In this episode of Spare Change we look at the American Gold Eagle bullion and the collector American Eagle gold coins (proofs and burnished uncirculated). We discuss how the Gold American Eagle coin came into being and what to collect as a coin collector and what to invest in if you are just look for gold bullion. Please checkout the shows sponsors. If it were not for the these guys the the show would not be possible: American Precious Metal Exchange APMEX http://www.apmex.com

Silver price backwardation, corrections and perception shifts


By Dr. Jeffrey Lewis
The price of silver futures contracts have been regularly flirting with a state of backwardation ever since the 2008 financial crisis, which is a sign of a growing physical silver shortage. A state of backwardation occurs when the front month silver futures contract commands a price premium to the subsequent months’ contracts.
On one hand, this situation could actually provide larger traders who own the physical silver with an opportunity to simultaneously sell it and purchase futures contracts to recover their metal holdings for a net profit.
Paper and Physical Silver Price Backwardation
A backwardation also tends to indicate that industrial and personal silver consumers need the metal more now, rather than later.
When a backwardation in the silver market is driven by perception on The Street, this phenomenon would actually reveal the true fate of larger traders with insufficient physical silver supplies available to profit from this apparently easy money.
Nevertheless, the silver futures market ceased being a physical market years ago when the overall short position became dominated by just a few bullion banks. Whether these players control 25% or 50% of the net shorts, this concentration influences the paper price.
People Will Pay Whatever it Takes for Silver
The price of silver will ultimately be driven by premiums, which are ultimately determined by demand at the retail level. As confidence is lost in the futures market and shortages develop at physical metal dealers and scrap flows drop because they have already been panned out, an industrial panic will compete for the large (1,000 ounce) silver bar supply.
Following the notable silver rally in 1980, the market saw a divergence in demand flow. One consisted of a reduction in demand for increasingly expensive silverware and silver jewelry, which fell out of favor as wealth declined and cultural preferences shifted.
In contrast, silver production and demand for use in electronics and other industry took off, although governments sold their stockpiles of silver cheap, indirectly debasing their paper currencies along the way.
read more at http://www.resourceinvestor.com/2013/02/28/silver-price-backwardation-corrections-and-percept?ref=hp


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

Robert Kiyosaki : Students are paying more to earn less.


Robert Kiyosaki : With incomes stagnant and the higher cost of debt, payments and tuition, students are paying more to earn less.
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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