Tag Archives: wealth

10 Questions with Robert Kiyosaki

Robert Kiyosaki

For this blog, my team gave me 10 questions that they’ve seen asked by people in our community. Let’s just dive in: 1. Why is it important to find a financial mentor? If you want success, you need mentors who have experienced success. In flight school, my first instructors taught me the basics of flying. The next level of instructors ... Read More »

Australia, Japan gold reserves drop in November

Gold reserves

Australia and Japan witnessed marginal declines in gold reserves during November. Japan’s gold reserves dropped to gold reserves were at $42.46 billion in November while Australia’s gold reserves decreased to A$4.248 billion from A$4.253 billion. Total foreign reserves of both the nation also declined. Japanese official reserve assets totaled $1.2708 trillion at the end of November, down from $1.2742 trillion ... Read More »

America’s lost decade in one simple chart

America food stamps

Forget the stock market’s dismal decade of much-ado-about-nothing and ignore the USD Dollar’s declination; when it comes to reflection on what this once great nation has ‘created’ since 2001, the following chart from Pennsylvania’s Department of Public Welfare sums it up better than most. Source: http://www.zerohedge.com/news/2012-11-27/americas-lost-decade-one-simple-chart Read More »

Gold’s bull market…it’s only just begun

gold

Gold jumped up on the eve of the U.S. election. It seemed to be looking beyond… and indeed it was. Gold continued rising as the attention then turned to the fiscal cliff and escalating tensions in the Middle East. The markets have been focusing on the next major problem. The fiscal cliff will surely help keep the markets volatile. But ... Read More »

Silver price to ‘increase 400% in three years’

silver bar

The silver bull run will continue says investment specialist Ian Williams of Charteris Treasury. Silver will increase in value five times over the next three years, according to mixed asset fund manager Ian Williams. “Silver is about to enter a sustained bull market that will take the price from the current level of $32 an ounce to $165 an ounce ... Read More »

World’s richest man doubles down on gold

Carlos Slim worlds richest person

Business magnate Carlos Slim just bet a whole lot of money on gold. The world’s richest man, valued around $69 billion, just put $750 million into several gold mining projects in Mexico through his Minera Frisco SAB company. Slim swooped in as a company named AuRico fell on tough times. As a result of production drops and labor issues, AuRico ... Read More »

Is silver the new gold? (Infographic)

Is silver the new gold infographic

The value of silver has skyrocketed in recent decades –leading many investing experts to believe that silver’s price could outpace gold for the first time in history. This infographic covers silver’s meteoric increase and the factors that have led to silver’s exploding value. In short, it’s not speculation: silver is a commodity that’s being influenced by old-school supply and demand. ... Read More »

Almost 2,400 millionaires pocketed unemployment benefits

Millionaire homes

Almost 2,400 people who received unemployment insurance in 2009 lived in households with annual incomes of $1 million or more, according to the Congressional Research Service. The report was released after about 1.1 million people exhausted their jobless benefits during the second quarter of 2012, when more than 4.6 million filed initial unemployment claims. Eliminating those payments to high earners is one ... Read More »