Search Results for: wealth

80 richest people have more wealth than poorest 3.5 billion

Davos Switzerland

Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year, 1% of the world’s population will own more wealth than the other 99%. Ahead of this week’s annual meeting of the World …

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Credit Suisse report: Richest 1% own half of global wealth

Wealthy Yacht

The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession. According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value …

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Rockefeller and Rothschild banking dynasties form partnership

Two of the best-known business clans in global finance are joining forces, with the Rothschild banking dynasty set to acquire a stake in the Rockefeller group’s wealth and asset management business. Chaired by Lord Jacob Rothschild, RIT Capital Partners is a £1.9 billion ($3 billion) investment trust, which mainly focuses …

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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 …

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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

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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 …

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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 …

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Government is ‘robbing’ citizens of their wealth through inflation

Inflation ahead sign

Political commentator and freedom advocate Floyd Brown knows what the U.S. government is up to, and he’s calling Washington on it. In this one-on-one interview, find out why the president of the Western Center for Journalism believes Americans are systematically robbed of their savings through a deliberate devaluation of the …

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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 …

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The story behind Donald Trump’s wealth

Donald Trump wealth

Courtesy of The Money Project, a collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money. In this motion graphic video, we break down the full story behind Donald Trump’s wealth. Not only do we examine his major business successes and …

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Congo’s $24 trillion mineral wealth: Corporations vs M23

Congo minerals

Global financial markets don’t pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces major quantities of tin and tungsten, about half of the world’s cobalt output and about three percent of the world’s copper and gold, according to the U.S. …

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RAID!! Cartel smashes silver back under $35

silver23

The cartel understands TA and investor psychology as well as we do, and clearly understands the significance of a close today above $35 in silver.  The cartel just went on the offensive, erasing all of silver’s early gains, smashing the metal down a full dollar to $34.23! Source: http://www.silverdoctors.com/raid-cartel-smashes-silver-back-under-35/

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Top 50 safest global banks

Bank safe

For banking safely, global citizens had better go to the local government. And pretty much avoid the U.S. At least that seems to be the take away from Global Finance Magazine’s ranking of  the world’s safest banks.  The top 9 banks in the magazine’s World’s 50 Safest Banks list are …

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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 …

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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. …

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Silver to surge 433% from current levels – Greyerz

Silver coin

Today Egon von Greyerz told King World News that silver is going to surge a remarkable 433% from current levels.  Greyerz, who is founder and managing partner at Matterhorn Asset Management out of Switzerland, also said the move in silver could take place, “… in the next twelve months.” Here is …

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