Rich Dad 2008 Predictions - Part 4

Does anybody have information on the Gold/Silver cycle?

 Kyosaki said his position in Gold and Silver is secure, so he is not buying anymore. Does anybody still think there's time to buy?

Gold/Silver

Usually when the taxi driver, lift attendant & newspapers are telling you to buy, the horse has bolted!

Warren Buffet says, "The markets are a wonderful place of exchange...where those who Don't know what they are doing, exchange their money with those who DO"

Be aware, the vidoes were done some time ago, do you know anything about Gold & Silver? I did $300,000 in 1998-9 on the Dow Jones & didn't have a clue, even tho I bought $20,000 worth of info!

Study well my friend!

I call that experience, "My $300,000 Seminar" In it I found the seed of an equivalent benefit & now I'm well versed in mainly Property cycles & to a lesser, economic cycles.

It's a thoroughly captivating study!

Beware my friend, beware...don't invest anything in this unless you are prepared to loose it!

Also, precious metals usually only constitute about 6% or so of a well balanced portfolio, so be careful!

Regards

Mary

Sure...

I think as long as there is still breath in my lungs, there is still time to invest and get rid of all the trash!
For up to date information on values
http://www.coinflation.com/silver_coin_values.html

Gold is security

Gold or any precious metal for that fact, is the best thing to be investing in and also preserving your wealth in.

Right now the world is on the verge of what Kondratieff called and economic winter. Rescession to depression. The generationally wealthy know what to invest in at anytime in the economic cycle. And for the past few years or more the richest families in the world as well as leaders of nations have been buying and storing gold.

The coming winter is going to be worse than the great depression. Why? During the great depression western currenices were still backed by gold but in the early 70's our governments changed all that and decided to print money at random.

Our currency is no longer backed by gold so we are just floating on a deck of cards that is ready to tople. Add to that fact that during the last depression we did not have the levels of consumer debt that we now have and the world was not as reliant on oil as it is today which is becoming shorter in supply as the years go by.

Kiyosaki also says that at no time in history has our financial security been backed by the stock market as it is today, then on top of that you have a huge change coming in the shape of our culture when the baby boomers begin to reitre and want their retirement money.

On top of that we have rogue states that are sworn enemies of judeo christian based culture, and we are letting these people flood into our countries and take residence, terrorism on the rise, and countries developing nuclear power at an alarming rate... the world is headed for a huge catstrophic wake up call.

I guess we need to be looking at the innevitability of the pendulum swing, and it will swing, how far it actually swings is anyones guess, but my personal prediction is that we are in for a hell of a time. So when it comes to wealth, do what the generationally wealthy do and invest in precious metals.

Here is a link to some videos, yes I know it's an affiliate link, I am up front about that but the videos are awesome. And right now I am working another business more than this.

http://www.jwspaidtosave.com/plaza

Watch the 3 videos there.

Regards

Greg

Yeah, Buffet is right

30 min of CNN and two mentions to gold and silver as good allocation for investment. That's a bad sign!

What are these videos about?

This video is NOT telling people to run out and buy gold or silver... it is clearly stating the reasons for the weakening of the dollar. Even Robert says at the end: Am I Buying gold and silver now? No, his position was established in those markets when silver was $3.00 per ounce. Be sure you pay attention to what is being said objectively.

Understanding THAT "fundamental" is the key to making it when times are tough...

If you have a "hot lead", in any market (commodities, stocks, currencies) you have already missed the boat. You have to SEE the hot market BEFORE everyone else does...

Home based businesses are becoming more prolific because millions of people are beginning to see the trend prior to it's movement.

What trend is that? Just like the industrial age brought the death of the farming age. The death of the industrial age and the birth of the information age will bring pain for many and profits for those who can see it coming.

It is a lot like "smelling rain" before it actually begins to rain...

I absolutely agree with Mary... understand WHAT this video is REALLY saying before you attempt to utilize it in your portfolio/business. This video is NOT a hot  gold and silver tip.

JF Grissom