Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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NIA: Gold’s Previous Bottoms vs. Today

Please disregard our email from Sunday evening, which stated that gold’s high of $850 per oz in 1980 is the equivalent of $5,301.24 per oz today after adjusting for growth in real U.S. money supply and above ground gold stocks. Gold’s 1980 high of $850 per oz is actually the equivalent of $7,944.83 per oz in today’s economy. Furthermore, gold’s 1976 low of $103.50 per oz is the equivalent of $1,096.12 per oz in today’s economy. Gold’s 1985 low of $285.75 per oz is the equivalent of $1,276.25 per oz in today’s economy.   The average of gold’s lows in 1976 and 1985 are the equivalent of $1,186.19 per oz in today’s economy. This is within 0.5% of gold’s June 28, 2013, low of $1,192 per oz, which gold once again dipped to last week. This could be a double bottom for gold.   During its 1971-1980 nine year bull rally, gold rose from a low of $35 in 1971 to a high of $195 in 1974 for a gain of 457.1%, followed by a dip to a low of $103.50 in 1976 for a decline of 46.8%, and then an additional gain of 721.3% to a high of $850 in 1980 – for a total gain of 2,329%. After the Fed raised interest rates to 20%, gold over the following five years lost 2/3 of its value, bottoming in 1985 at $285.75.   Mid-way through its secular bear market, when gold dipped 46.9% to a low on August 25, 1976, of $103.50 per oz: the real U.S. money supply as of August 23, 1976, was comprised of: 1) currency component of M1: $77.5 billion, 2) total checkable deposits: $219 billion, and 3) total savings deposits at all depository institutions: $185.9 billion – for a total real money supply of $482.4 billion.   Currently, the real U.S. money supply as of December, 16, 2013, is comprised of 1) currency component of M1: $1.1596 trillion, 2) total checkable deposits: $1.4828 trillion, 3) total savings deposits at all depository institutions: $7.1513 trillion – for a total real money supply of $9.7937 trillion. The real U.S. money supply has grown 20.30X in size since August 23, 1976.   According to the World Gold Council, the world’s total above ground gold stocks mined throughout history as of the end of 2012 were 174,100 tonnes, and after production from this past year – their figures will likely show total above ground gold stocks of approximately 177,000 tonnes. However, in recent days, several NIA members have contacted us with compelling evidence that the World Gold Council’s data is overstating above ground gold stocks by approximately...

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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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2014 – Helicopter Money is Coming! Jim Rickards, Currency War Update

PARTIAL TRANSCRIPT: FutureMoneyTrends.com: Greetings and thank you for joining us at FutureMoneyTrends.com. I’m here at the Casey Summit with Jim Rickards. He’s the author of Currency Wars. He has a new book coming out as well. What is it called? James Rickards: It’s called The Death of Money: The Coming Collapse of the International Monetary System. It’ll be out in April; April 8th is the publication date. I finished writing it about a month ago and we’re in editing. It’s a funny thing, Dan. We live in a world of what I call instant digital gratification, whether it’s YouTube or Twitter, everybody wants to put everything out there immediately, but a book is still an old-fashioned process. It takes a year to write it and edit it and bind it, so it’ll be out in April and I’ll be talking more about it between now and then. FutureMoneyTrends.com: It should be very interesting because I’m sure some of your analysis will have either been proven right or proven wrong in the book, am I right? James Rickards: Well, that’s right, I mean it is forward-looking, so I say a lot of things in the book that I will be looking over in the years ahead, but sure. It’s something coming out in six months, it’ll be a good test to see how things play out. We’ll see if they play out as expected. That’s exactly right. FutureMoneyTrends.com: I’ve always wondered in the dollar crisis scenario if right on the cusp of the market just melting down and going crazy that Obama and whatever Fed chairman of that time, say, next to him and they’re instituting a gold standard. Do you think it’s possible that they, right before a major crisis is about to happen, they come in and switch the currency? James Rickards: I don’t think so. I think there are several scenarios: one is that we get to a gold standard by design. In other words, people look at the system and they say that it really is not sustainable, it really is based on confidence, but we’re in the process of eroding confidence. There is no exit from quantitative easing. We should say there’s no good exit. You can back away from it, but then you’ll implode the economy in a deflationary crash. Or you can keep going and eventually cause a loss of confidence in the dollar and then have a hyper-inflationary crash, so you got a crash either way. One looks like the Great Depression, one looks like the late ’70s but worse. Those are the only two paths, but there’s no other path. There’s...

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Sep15

How to Become a Capitalist

The difference between traditional and financial education
Over the last couple weeks, all across our country, school has been starting for American youths. The start of school is a hectic and exciting time for parents, and a proud one. All good parents want to give their children an advantage in life, and the conventional wisdom is that doing well in school is one of the best advantages you can give a child.

Rarely, however, do we stop and ask, “Why?”

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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 Hangout: How To Ripple Up Training May 22nd 2013

http://www.rippln.by/get-started – Join Rippln & Start your Global Ripple! We live in unprecedented times. Never before has there been this
 much opportunity for the “average” 
person to become a SOCIAL-PRENEUR. It’s easier than ever for us to create a
 life changing income, all through our
 “social graph”. Rippln is at the cutting 
edge of this new sector. Come learn why you should and how you 
can tap into the wealth of your social
 graph starting...

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Rippln March to 1 Million Users Challenge

http://www.rippln.by/get-started/ – Join Rippln & Start your Global Ripple today! Let’s make this happen – Let’s MAKE HISTORY TOGETHER!!! The Rippln March to 1 Million Users is a record breaking challenge to become the fastest growing company in history! It took facebook 10 months to reach 1 million users It took Twitter 24 months to reach 1 million users It took Foursquare 13 months to reach 1 million users Pinterest reached 1 million users after 20 months Spotify hit 1 million users in 7 months Instagram – the App Crown Jewel, reached its 1 millionth download in 2.5 months. Let’s make history with Rippln and reach 1 million users in 60 days ! It’s your time to shine, it’s your movement, it’s your moment in history! Let’s make it happen...

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Rippln Interview with Jonathan Budd – May 12, 2013

http://www.rippln.by/get-started/ Featuring Jonathan Budd together with Mark Hoverson – Discussing social connectivity and social media engagement with the social graph. 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 send me a message with your First & Last Name, your Email Address and Mobile-Cell Phone...

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