Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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Simon Black – Truth: This is what the numbers really have to tell us…
Oct02

Simon Black – Truth: This is what the numbers really have to tell us…

After two months of criss-crossing Europe on somewhat of a bankrupt nations tour, the chilly autumn weather that has settled upon much of the continent is my cue to beat feet out of here for the steamy, humid energy of Southeast Asia. So I’m presently sitting in the lounge at Helsinki airport awaiting a flight to Singapore reflecting on what I’ve seen and learned across Europe. My conclusion– the disconnect between...

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Simon Black – Five reasons why gold prices will decline
Sep29

Simon Black – Five reasons why gold prices will decline

This morning I received a research note from a private bank I work with occasionally.Buried in the text was a call for lower gold prices, and the analysts listed five reasons why they think gold prices will decline. Here’s what they had to say: 1) “We expect the scaling back of [the Fed's] stimulus to happen this year at the December meeting. A reduction in monetary stimulus . . . shall reduce the attractiveness of gold as...

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Simon Black – This is panic: Smuggling diamonds out of India
Sep27

Simon Black – This is panic: Smuggling diamonds out of India

Asia is a damned excited part of the world. And Singapore is the financial epicenter of all of it. For the last 24-hours, banker and fund manager friends of mine have been telling me stories about oil refinery deals in North Korea, their crazy investments in Myanmar, and the utter exodus of global wealth that is finding its way to Singapore. My colleagues reported that in the last few weeks they’ve begun seeing two new groups...

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Simon Black – They blew it…
Sep25

Simon Black – They blew it…

September 23, 2013 London, England [Editor's Note: Tim Price, Director of Investment at PFP Wealth Management and frequent Sovereign Man contributor is filling in for Simon today.] “This took guts.” - Comment by Steven Ricchiuto of Mizuho Securities in response to the Federal Reserve’s surprise decision to refrain from “tapering” its $ 85 billion monthly bond purchase program. Human beings are suckers for a story....

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Simon Black – The no-brainer investment I’m making
Sep24

Simon Black – The no-brainer investment I’m making

September 24, 2013 Pencahue, Chile It’s great to be back in Chile. This place is ripe with so much opportunity. And for the last few days, I’ve been out investigating agricultural investment property in the central regions for my investment portfolio. I’ve been investing heavily in the sector for the past few years… because when I survey the universe of investment possibilities I’ve come across in my...

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Simon Black – It’s official. America’s Suez moment has arrived [video]
Sep21

Simon Black – It’s official. America’s Suez moment has arrived [video]

September 12, 2013 Hong Kong In the summer of 1956, Egyptian president Gamal Abdel Nasser nationalized the Suez Canal, sparking a worldwide crisis. The Suez links the Mediterranean to the rest of the world, and it’s one of the most important maritime thoroughfares in international trade. So this was a big deal. Britain was a major stakeholder in the canal, and almost immediately, the British government put together a small...

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Simon Black – Why Japan’s new home run king forebodes the biggest default in history
Sep21

Simon Black – Why Japan’s new home run king forebodes the biggest default in history

September 16, 2013 Tokyo, Japan Suicide has long played a bizarre role in Japanese culture. In feudal Japan, for example, dishonored samurai would often commit seppuku, a suicide ritual that involved ceremonial disembowelment. It was torturous pain lasting for hours. In World War II, the Japanese military churned out suicide attackers known as the kamikaze that routinely antagonized allied warships in the Pacific. And of course,...

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Simon Black – What time would you leave?
Sep21

Simon Black – What time would you leave?

September 17, 2013 En route to the United States In mathematics, the term ‘linearity’ describes a relationship in which the rate of change for a variable is constant. If you’re driving from Paris to Frankfurt at 100 kilometers per hour, then this is a linear system– your rate of change (speed) is constant. Exponential growth, on the other hand, describes a relationship in which the rate of change for a variable...

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Simon Black – After $1+ trillion, the Fed can’t even create jobs in the banking industry
Sep20

Simon Black – After $1+ trillion, the Fed can’t even create jobs in the banking industry

September 20, 2013 Santiago, Chile One of those generally accepted truths that most people believe is that banks are safe. We seem to be told this for our entire lives… that banks, in their grandiose buildings and marble floors, are veritable rivers of money. We’re also told that bankers are conservative fiduciary stewards, unflappably restrained in managing other people’s money. And even in the infinitesimally...

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Sep19

Simon Black – Investment bank manager: “Nobody knows what the f**k is going on…”

Financial circles in Hong Kong are buzzing today on the new Goldman Sachs projection that gold may drop below $1,000 an ounce.

And in merely suggesting such a death sentence for the metal, Goldman’s pronouncement pushed the paper price of gold contracts down $20+.

Many technical indicators underscore Goldman’s views. There’s very little floor for gold prices below $1,200, signaling that gold could gap down quickly.

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