I don’t know but I do know that the price quoted on the COMEX and LBM are not even close to silver’s “Fair Market Value”. It makes more sense to me to estimate the true price of Silver in relation to another “Monetary Commodity” such as Gold since gold is currently “perceived” as the . . . → Read More: So what should be the true price of Silver today?
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Silver at $936 per ounce? Believe it. GATA’s Adrian Douglas makes the case for bullion bank metals price supression, and for the TRUE value of one ounce of gold.
The rather Short and Simple Story to understand on the Credit Crisis initiated by Sub-Prime, CDOs and CDS.
Understand more about the US macro-economies: US Income, US Expenses, US deficit, US debt, US bonds and US treasury, Taxes vs Spending, Inflation + Recession. The house of cards have already been built and the risks are amounting when US defaults and is unable to pay its bills. . . . → Read More: US Debt Crisis – Global Economics Collapse in 2012? The coming global financial crisis 2.0?Politicians in the US, China and Europe are all postponing tough financial decisions until after next year’s elections. But in 2013, we’ll have to face the (bigger) problems. Continue reading “Global Financial Crisis 2.0 in 2012/2013?” » Property bubbles going on in Singapore? Watch comments from Rich Dad Advisor’s, Mike Maloney. National Development Minister Khaw Boon Wan has urged investors and upgraders to think about the uncertainties before purchasing a new private home.
Extracted from MND’s Mr Khaw Boon Wah: A sharply rising property market upsets and frightens many. Young people aspiring for the Singapore Dream get angry to see the dream seemingly slipping away. Their parents worry for them and get into panic. We have to confront this issue head-on. Alas, policies often cannot deliver instant . . . → Read More: MND’s worries How to grow Income? Watching personal financial statement closely until reaching financial freedom. (i.e. Where Passive Income > Expenses): • ↓Reduce personal debts such as getting bigger house, bigger cars, more splurges and unnecessary wants) • ↓Reduce expenses • ↑Increase Cash Flow (by buying more leverages to generate passive income) • ↑Increase Passive Income . . . → Read More: Income Q: Why the rich are investing in real estate and property around the world? Happy Rich Way: One very important word, Control. Unlike paper assets such as savings, stocks, bonds and mutual funds which generally an investor has no immediate control over the returns, the ownership of the company, how much to earn. On . . . → Read More: Why invest in property? Welcome to Happy Rich Way Blog site. Apparently, the former web hosting has crashed and we are in the midst to update the blog. Standby….. |
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