Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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India’s Demand to Buy Silver Doubles on Gold Ban, Price Drop

Anti-gold rules force consumers to buy silver instead, imports double from 2012… DEMAND to buy silver amongst Indian households has pushed the country’s imports of the precious metal to twice last year’s level and may set a record in 2013, according to industry experts. Between January and September, silver imports to India totaled more than 4,000 tonnes, already beating full-year 2012 says the Thomson Reuters GFMS consultancy. The world’s largest end-consumer of silver bullion as well as gold, India’s current record demand to buy silver came at just over 5,000 tonnes in 2008. That figure equals some 16% of total global demand, put around 30,000 tonnes per year. India’s demand to buy gold, also the world leader, has been nearer 25%. But after July and August this year saw silver imports of 1,000 tonnes as gold imports fell to zero, “India could import 6,000 tonnes of silver this year,” reckons a special report from Japanese trading house Mitsui, “almost 1,000 tonnes more than the record imports seen in 2008.” “There has been a massive improvement in silver imports,” agrees Bombay Bullion Association director Harmesh Arora, speaking to Reuters today, “and we will continue to see more. “Investors are taking advantage of lower prices,” says Arora, “and the lack of restrictions on silver imports as of now.” Noting the surge in demand to buy silver as prices fell steeply in 2011 from near all-time highs, “The response of Indian consumers to price weakness in silver can be spectacular,” says Mitsui strategist David Jollie. Even though silver cannot directly replace gold in many areas of India’s cultural and religious culture, he adds, “The massive price decline for silver in April 2013 encouraged further buying.” Looking at the Indian government’s aggressive anti-gold measures, “I don’t think we will see any policy changes in silver,” says Rajesh Khosla, managing director with refiner MMTC PAMP – part-owned by the government. “There is less gold available, so rural people will gradually move to silver. It will be a more of a default option than a conscious choice,” he believes. India’s Demand to Buy Silver Doubles on Gold Ban, Price...

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The adverse effects of monetary stimulation

By Alasdair Macleod There are two indisputable economic facts to bear in mind. The first is that GDP is simply a money-total of economic transactions, and a central bank fosters an increase in GDP by making available more money and therefore bank credit to inflate this number. This is not the same as genuine economic progress, which is what consumers desire and entrepreneurs provide in an unfettered market with reliable money. The second fact is that newly issued money is not absorbed into an economy evenly: it has to be handed to someone first, like a bank or government department, who in turn passes it on to someone else through their dealings and so on, step by step until it is finally dispersed. As new money enters the economy, it naturally drives up the prices of goods bought with it. This means that someone seeking to buy a similar product without the benefit of new money finds it is more expensive, or put more correctly the purchasing power of his wages and savings has fallen relative to that product. Therefore, the new money benefits those that first obtain it at the expense of everyone else. Obviously, if large amounts of new money are being mobilised by a central bank, as is the case today, the transfer of wealth from those who receive the money later to those who get it early will be correspondingly greater. Now let’s look at today’s monetary environment in the United States. The wealth-transfer effect is not being adequately recorded, because official inflation statistics do not capture the real increase in consumer prices. The difference between official figures and a truer estimate of US inflation is illustrated by John Williams of Shadowstats.com, who estimates it to be 7% higher than the official rate at roughly 9%, using the government’s computation methodology prior to 1980. Simplistically and assuming no wage inflation, this approximates to the current rate of wealth transfer from the majority of people to those that first receive the new money from the central bank. The Fed is busy financing most of the Government’s borrowing. The newly-issued money in Government’s hands is distributed widely, and maintains prices of most basic goods and services at a higher level than they would otherwise be. However, in providing this funding, the Fed creates excess reserves on its own balance sheet, and it is this money we are considering.The reserves on the Fed’s balance sheet are actually deposits, the assets of commercial banks and other domestic and foreign depository institutions that use the Fed as a bank, in the same way the rest of us have bank deposits...

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Anglo Far East – Flying by Sight Versus Instruments

Flying by Sight Versus Instruments “VFR”Visual Flight rules “IFR” Instrument Flight Rules As sponsor of a GATA presentation in Auckland by the chairman- Chris Powell over the weekend, I had the pleasure of spending time and picking his brain on many subjects. High on the list was the current correction in gold and its seeming long and sustained period of flat or lower prices. There are many measures to gauge the market but one of the best is outright sentiment and he said that for every 100 people that would have had contact with him in times past, the number is more like 20 now. If I take that same sentiment gauge and cross it over to the exploration/ junior mining sector and even the mid-tier and senior one you get a really sad story. Here is what a professional capitulation looks like from a seasoned mining writer that makes his living selling information 1/ convince me that the resource sector recovery expected this fall is no longer valid. Even the strongest companies are now weakening again and I think this is a strong indica­tion that our market troubles will continue well into next year. This unfortunate chain of events leads me to believe that we should not be buying any junior mining stocks right now. 2/ Many of us, including myself, beefed up positions in companies like “%$” thinking this would be the start of getting our portfolios back on track. It hasn’t happened and I have never felt more discouraged about anything I have dealt with in my entire life. It has felt like an emotional earthquake to my soul. 3/ Even during the 2008 meltdown situation, I felt more composed and confident because I knew we would rebound, which we did within a relatively short-period of time. But this current market situa­tion has gone from bad, to worse, to intolerable with further downside very likely. 4/ I even wrote many times in the last several years that before the screaming, parabolic market in our favour would happen we may have to deal with downside volatility that would shake us to the core. But what we are experiencing now is beyond even what I thought could happen. This is a wipe-out that will basically eliminate at least another 35% of the junior mining companies that are currently still in business. This is after those who have already shut their doors. Many more are hanging by their fingernails right now. I thought by moving towards those companies with the best assets or near-term production stories that we would protect ourselves until the dust you spoke about settled. I...

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An Easy Way to Solve the Biggest Problem Facing Investors Today

“All income-generating assets are below their average yield… and most are near all-time lows.” That’s what master researcher James O’Shaughnessy told the Big Picture Conference earlier this month. He went on to say that he believes the biggest problem facing investors today is income. You see, James’ research shows that now is the toughest time in 140 years for investors trying to generate income. But he also revealed a simple solution you can easily put to work today… Jeff showed people what to do with their money during crisis conditions and how to profit in 2014. He also put together a special offer where you can get one of his research services for free.   James has made a career of looking back at history to find insights into what’s happening today. In his fantastic book, What Works on Wall Street, he ran the numbers on nearly every investment idea you could dream up. (I keep a copy on my desk at all times.) And he’s built a successful money-management business that invests around $ 5 billion using strategies based on his research. Today, James’ research shows that most income investments, especially bonds, aren’t paying the kinds of yields investors need to survive. Bonds have been in a multi-decade bull market. As prices go up, yields come down. Thirty-year U.S. Treasurys only pay 3.65% as I write. And James believes they’ll be a losing proposition over time… “Long-term bonds have done very well for a very long time,” he says. “No one remembers that long bonds lost 68% after inflation from 1941-1981… but it can happen again.” You read that right… After inflation, “safe” long-term bonds lost 68% of their value from 1941-1981. Today, with high prices and low yields, we could be in store for another multi-decade bear market. James believes the best thing you can do to generate income is to avoid bonds and buy international stocks that pay dividends. Even during the greatest period in history for long-term bonds (1981-2011)… you’d have beaten them by simply owning global dividend-payers. Right now, he believes global dividend-payers are the easiest and safest way to generate income. And I’ve found an easy way to make the investment. This fund holds 100 of the best global dividend-payers. And it only holds companies that have consistently paid big dividends. Based on history, this is a winning strategy. The index IDV tracks has crushed the stock and bond markets since its creation in 1998. Over the last 15 years, this basket of global dividend-payers more than doubled the return on 30-year Treasurys. And it more than tripled the return of U.S. stocks. Importantly, this fund...

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THE TRUTH ABOUT AMERICAN GOVERNMENT SHUTDOWN – Max Keiser

THE TRUTH ABOUT AMERICAN GOVERNMENT SHUTDOWN Max...

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Gold & Silver – The Greatest Wealth Transfer in History – Mike Maloney

This clip is from the recent Casey Research event “When Money Dies”. Mike Maloney clearly explains the following: * Wealth is never destroyed, it is merely transfered. * What could potentially happen if all currencies have a crisis, at the same time? * Why this could be the greatest wealth transfer in the history of mankind. * Mining stocks with speculative capital. * Fool’s Gold – ETFs, leverage accounts, and numismatic coins. * Why is this particular time in history unlike any other? All this and more on this interesting video! If you are ready to be on the winning side of the greatest wealth transfer in history – join our team to build your own gold and silver home based business and the opportunity to build extra cash flow income and purchase pure gold and silver products from Swiss Gold...

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The Rippln Rewards and Compensation Plan

http://www.rippln.by/get-started/ The rewards of Rippln and the Rippln compensation plan. Inspirational, visionary, empowering! Be part of the Rippln Global Movement! This Is Your Chance To Get In On The Ground Floor Of This Exploding Industry: Mobile​ – Apps​ – Gamification (mobile game add ons) Each of these 3 industries (Mobile, Apps, and Gamification) are huge growth sectors that are sucking up hundreds of millions of dollars in Venture Capital. In the next 12 months, you can expect to hear of hundreds of new tech start ups, many more acquisitions and overnight billionaires who turn their ideas into global phenomenons and making hundreds of millions more in profits. Has Any Of That Profit Ever Landed In Your Pocket? We Are About To Change All That! Oh, did I tell you that the App is 100% FREE. Hence this opportunity will go viral in no time at all…Join before the masses find out! For More Information, or to get a private invite, please visit http://www.rippln.by/get-started/ and get your code to try Rippln...

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The Rippln Facebook March Contest – Win Free Prizes

If you’re not our ‘friend’ on Facebook… now’s the time! Here’s why: this week, we’re giving away free prizes (including cash), as we march towards 1,000,000 users. You can enter for nothing right here. Click this link, & follow the signs. You can win iPads, iTunes cards, cash, & more. But the best part is… your ripple. While free stuff is cool, growing your ripple virally could prove to be one of the most valuable things you’ve ever done. Do you want to see your ripple grow virally? Then tune into our Facebook page all week, as we’re going to announce special contest details ONLY to Facebook fans. We’ll be giving secret advice, valuable market trending knowledge, cool prizes & more. Are you ready for some fun & a deeper education on Rippln? Get started, just by liking us. This is a consumer driven world, and we’re on a mission to help you CLAIM the wealth you’re worth in the marketplace! Follow us on Facebook this week if you want the upper hand. Remember, this is YOUR ripple. It’s YOUR value. It’s YOUR impact. We’re just the platform helping you achieve it. Let’s take the conversation to social media… Click here to enter the contest Here’s how the contest works… Step 1: Click the “Enter to Win” tab towards the top of our page. Step 2: Like our page if you haven’t already. If you have, then enter the email you want to be notified with if you win a prize! Step 3: use the “share” buttons on the final step to tell your friends & team! Each person you refer gives you ANOTHER entry in the contest. For every 1,000 likes Rippln gets on it’s facebook page all week, we will be selecting fans at random to give away prizes to! The more entries you have in the contest, the bigger your chance to win. Plus, we’ll be announcing a grand prize for one winner at the end of the week soon! Let’s march towards 100k likes on facebook, & spread the message of Rippln to the world. This is YOUR ripple, YOUR value, & YOUR impact. We are an idea who’s time has come! Like us & get a chance to win here: Click here to enter the contest Happy...

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What is The Rippln Wealth Revolution? Rippln Incentivized Sharing Explained

http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! We are in the midst of a revolution. Never before have companies been able to grow so fast, and reach such record amounts of wealth, than they are right now. Rippln is the global leader and pioneer of a new concept called “incentivized sharing” that is a first of its kind model to reward YOU for the value you’ve been unknowingly creating for other companies. This video will explain it all. This Is Your Chance To Get In On The Ground Floor Of This Exploding Industry! Mobile​ – Apps​ – Gamification (mobile game add ons) Each of these 3 industries (Mobile, Apps, and Gamification) are huge growth sectors that are sucking up hundreds of millions of dollars in Venture Capital. In the next 12 months, you can expect to hear of hundreds of new tech start ups, many more acquisitions and overnight billionaires who turn their ideas into global phenomenons and making hundreds of millions more in profits. Has Any Of That Profit Ever Landed In Your Pocket? We Are About To Change All...

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Official Rippln Training Seminar Series

#1 What is the Rippln Vision – The Most Important Rippln Concept http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! Jonathan Budd explains the Rippln Concept, Vision and Mission behind the movement. If you understand the vision behind Rippln, you will see why this is one of the most powerful ideas of our time. An idea that could change the distribution of products, services, websites, & apps… and create massive wealth for the people involved. Rippln is truly a blue ocean concept, that can reward you enormously for participating. #2 What Is Rippln REALLY About – The True Story Of Rippln http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! Get the real details from Rippln from those on the inside. This is a revolutionary concept once you truly understand it, that is poised to change several industries. It’s remarkable technology has come so far… and given us all the ability to participate in this global revolution of “people driven distribution”. Learn more inside the video. #3 How Do You Make Money In Rippln – TRUE ANSWER REVEALED http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! Earning money in rippln is simpler than people think. This video will explain the truth about getting rewarded for YOUR value that you create in the marketplace. #4 The Rippln Roll Out Strategy – Phases Time Sensitive http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! The exciting strategy behind rippln’s roll out & future. #5 How To Build A MASSIVE Ripple – Prepare For Rippln Launch http://www.rippln.by/get-started/ – Join Rippln & Get in the Ripple! This video will show you exactly what to focus on, if you want to build the biggest ripple possible. Following this training is the foundation for a 6-figure & 7-Figure income with...

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