Whenever buying gold or silver, make sure you have it (physical in your hand or your safe), not just some fancy looking paper!
Most of the ETF's or "gold bullion funds" being offered on the market today are "financially engineered tools" that have very little to do with actually owning the physical gold.
It is much like a "fiat currency" that is not backed by real gold but fancy paper being printed with no limit.
Much of these fiat currencies will fail - as well as the other derivatives engineered from it - when consumer confidence in them goes down. Much like the bonds being offered by the USA, EC and Japan Central bankers today.
Who wants to buy them?
The Chinese who have 3 trillion dollars "reserve" and not sure what to do with it when the USD continues to devaluate?
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Tuesday, November 1, 2011
Tuesday, October 11, 2011
What if there is no longer gold at Fort Knox?
Q: IF there is no more gold in Fort Knox, then:
1/ where has it all gone?
2/ what else backs up the world reserve currency aka US$?
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1/ where has it all gone?
2/ what else backs up the world reserve currency aka US$?
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Monday, October 3, 2011
Be prepared
This is from a BBC interview with Alessio Rastani:
Some of his quotes:
"Savings of millions will vanish"
"Goldman Sachs rules the world not the governments"
{ exactly what the first Governor of the Bank of England ( Sir Josiah Stamp ) also said. }
so, do you know HOW to prepare ?
---> Protect your ASSETS !
HOW ? .. feel free to ask me....
(hint: it is not bonds, paper instruments or any other ponzi or
investment sceme offered by governments, banks or insurance companies)
Note: Sir Josiah Stamp actually said this:
"Bankers own the earth. Take the earth away from them but leave them the power to create money and they will create enough money to buy back the earth"
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John Maynard Keynes, a British economist considered as the architect of our modern economic system, wrote in his own book "The Economic Consequences of the Peace, 1920":
"by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of wealth of its citizens"
"there is no surer, no more subtle way to overcome the existing basis of society than to debauch its currency. It engages all the process of economic law that come down on the side of destruction and does it so in a manner that not one person in a million can recognize it."
I am not sure what you think of all this...but honestly it does not matter what you think, it matters how your respond to it.
.
.
Some of his quotes:
"Savings of millions will vanish"
"Goldman Sachs rules the world not the governments"
{ exactly what the first Governor of the Bank of England ( Sir Josiah Stamp ) also said. }
so, do you know HOW to prepare ?
---> Protect your ASSETS !
HOW ? .. feel free to ask me....
(hint: it is not bonds, paper instruments or any other ponzi or
investment sceme offered by governments, banks or insurance companies)
Note: Sir Josiah Stamp actually said this:
"Bankers own the earth. Take the earth away from them but leave them the power to create money and they will create enough money to buy back the earth"
.
John Maynard Keynes, a British economist considered as the architect of our modern economic system, wrote in his own book "The Economic Consequences of the Peace, 1920":
"by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of wealth of its citizens"
"there is no surer, no more subtle way to overcome the existing basis of society than to debauch its currency. It engages all the process of economic law that come down on the side of destruction and does it so in a manner that not one person in a million can recognize it."
I am not sure what you think of all this...but honestly it does not matter what you think, it matters how your respond to it.
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.
n
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Friday, September 23, 2011
Why I am a fan of Jim Rogers
A few weeks ago I ran into Jim Rogers. I approached him while saying:" Jim, I am a fan of yours!"
We chatted for a while, he gave me his name card, and so...
let me tell you why I am a fan of Jim.
Though he is a billionaire fund manager, his trust is in real assets and not in paper assets.
Check below some of his recent interviewclips and what he says about protecting your family's assets.
Please do not play the "Monopoly" game much longer, but get in real ownership assets:
land, farming land, houses, orphanages, schools, other real estate (all paid for of course!), silver ( bargain deal now!) and gold (believe me it will never be cheap to buy, that's why it has been the only monetary asset that has never lost its value for the last 5,000 years.
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Jim: "I own gold and silver, not intend to sell it for ever and when it comes down, I buy even more at these prices.."
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Got silver and gold? What is holding you back?
We chatted for a while, he gave me his name card, and so...
let me tell you why I am a fan of Jim.
Though he is a billionaire fund manager, his trust is in real assets and not in paper assets.
Check below some of his recent interviewclips and what he says about protecting your family's assets.
Please do not play the "Monopoly" game much longer, but get in real ownership assets:
land, farming land, houses, orphanages, schools, other real estate (all paid for of course!), silver ( bargain deal now!) and gold (believe me it will never be cheap to buy, that's why it has been the only monetary asset that has never lost its value for the last 5,000 years.
.
.
Jim: "I own gold and silver, not intend to sell it for ever and when it comes down, I buy even more at these prices.."
.
.
.
Got silver and gold? What is holding you back?
Tuesday, August 30, 2011
The Case for your Personal Asset Protection
"Golden Rule": 30-50% of your cash should be in physical silver or gold, coins, bars...not paper.
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