Words of wisdom- Jim Rogers

I have learned, for whatever reason, to know that change is coming, to know to think against the crowd is nearly always wrong and to try to think for myself.

"...if everybody says the sky is blue, I at least urge you to go and look out the window and see if it's blue because I have found that most people won't even bother to look out the window..."

A Long Ride in China- Jim Rogers [MUST SEE]

Doug Casey & Jim Rogers: Legendary Investors' Roundtable [Published on 19 Oct 2013-WallStForMainSt]

Will the U.S. Fed Reserve end the money printing? According to investment banker James Rickards, it won't end any time soon.

Lee Kuan Yew: One Man's View Of The World

Jim Rogers on The Bottom Line - Predicting the Future (14Jul13)

Marc Faber does not think the Fed will end QE, rather he think they will increase it! (print more money).

Secret world of Gold, featuring billionaire Eric Sprott

http://silverreport.blogspot.sg/2013/07/the-secret-world-of-gold-part-3.html

UBS' Investing Strategy for the Ultra Rich [CNBC THU 04 JUL 13 | 08:10 PM ET]

Let The Free Market Decide: Hollywood Legend Wayne Rogers [Jun 24, 2013 kitconews]

http://www.kitco.com/news/video/show/on-the-spot/341/2013-06-24/Let-The-Free-Market-Decide-Hollywood-Legend-Wayne-Rogers

"Tune in to see what the Hollywood legend turned investor has to say about gold and the markets today!" Kitconews

Commodities Are the Place to Be: AIS Group's John Hummel [Bloomberg News]

Jim Rogers says, "Gold is going much, much higher in the next few years..." on Kitco News

"I bought some gold (and silver), and if it goes down, I'll buy more." Jim Rogers on Kitco News June 17th, 2013

Source: http://silverreport.blogspot.sg/2013/06/jim-rogers-thank-goodness-for-golds.html

Bubble, Bubble, Money and Trouble [Barron's, LAUREN R. RUBLIN interviews MARC FABER, publisher of the Gloom Boom & Doom Report; SATURDAY, JUNE 1, 2013]

Marc Faber's take on Myanmar:

Where ever you go, people are talking about Myanmar. They seem to love it as much as they loved Vietnam right near the market's peak in 2006-07. There are opportunities, but there is high execution risk. Yoma Strategic Holdings [Z59.SIYOMA.Singapore] is the only direct play on Myanmar. It is run by an old friend of mine, Serge Pun, an ideal man to operate in difficult environments. I am not recommending the stock because it no longer is cheap, but this is the way to invest in Myanmar if you want to do it.

Source: online.barrons.com

Global appetite for Gold [CNBC, Jason Toussaint from World Gold Council]

Marc Faber-Gloom Boom Doom Report Publisher, on CNBC [June 2013]

Marc Faber "The Market Is Actually Quite Vulnerable".

Peak Gold- by Peak Resources (The End of Cheap Resources)

Author of Street Smarts, Jim Rogers talks to Lew Rockwell

Jim Rogers tells Lew Rockwell about his Adventures on the Road and in the markets.

Peter Buffett (Warren Buffet's son)

Peter Buffet discusses his normal childhood and family values, notwithstanding his father's ultra financial success.

Piggy banks become biggy banks

"Those who save and invest wisely will face fewer financial woes throughout life."

Why study agriculture instead of finance- Jim Rogers

"Until prices reach a point where growing food is profitable, the world's farmers, who are currently aging and dying are not going to be replaced. Prices must rise, and they will. In recent years, the world has been consuming more food than it has produced. Those inventories that were so high in the 1980s are now historically low, somewhere near 14 percent of consumption (vs  ~35 percent of consumption in the 1980s). The world is facing dramatic shortages." Jim Rogers

Value of persistence- Jim Rogers

We all know smart people who are not successful; we all know talented people who are not successful. Persistence is what makes the difference.

"nothing endures but change" the Greeks

Success in life is measured by the ability to anticipate change...

Jim Rogers discusses taxes in America in 50 seconds.

Christine Hughes of Otterwood Capital Gives Detailed Warning on Japan [May 2013]

Gold manipulation explained: Mike Maloney and Chris Martenson [Recorded April 12, 2013]

Gold and Silver Sell-Off a Nonevent-Rick Rule

Rick Rule: very intelligent investor gives great insights and thoughts to think about.

Setting up a TRUST FUND

Over the years, you have achieved success and accumulated wealth. Your priority now is to ensure your wealth and assets remain protected for your future generations.

Solution:

A trust fund is a will with a lot more and detailed stipulations. The trustor decides the particulars and this is a significant advantage. If you leave money behind for the beneficiary(s) (eg. your kids) in a savings account, your kids will get to make all the decisions. Trust funds are often set up by the wealthy with the idea that the interest and dividends earned would allow the trust to operate off the investment income making it something that spans generations. That is to say, for the purpose of wealth accumulation and asset protection ensuring that your loved ones will always be well looked after. The responsibility of administering the assets to take care of the various needs can be held by a trusted individual or an institution called a trustee.

For further information, read Guide to Singapore Trust Law

Frugal Habits of the Rich

According to Bankrate.com, 86 percent of people who spend cash on luxuries like expensive cars, jewelry, and electronics are non-millionaires trying to act the part by purchasing luxury brands

Currency vs Money, EP1 with host Mike Maloney

Gold and silver are the ultimate money, simply because of their properties.
Fiat currencies are based solely on confidence, and always return to their intrinsic value of zero
Rising prices are a symptom of an expanding currency supply
Gold and silver always account for an expanding currency supply
GoldSilver.com

The money of choice for her is, silver! What's yours!?

James Rickards, Author of- Currency Wars: The Making of the Next Global Crisis

-Gold's trend is still up!
-Money printing is going to continue therefore devaluing the USD currency. Hence by this mechanism, gold is going up and can protect your wealth.

Beautiful long term gold chart by edgetraderplus.com

Visit Edgetraderplus.com for further details. His chart above provides excellent perspective.

Wisdom

“Those who do not learn from history are doomed to repeat it.” – George Santayana

“History does not repeat itself, but it does rhyme.” – Mark Twain

Benjamin Disraeli-wisdom

“The secret of success is constancy of purpose.” – Benjamin Disraeli. 

Legendary trader Yra Harris says, “The currency wars are real, and the game is on.”

Quote from the Bible...

“Plans fail for lack of counsel, but with many advisers they succeed.”- Proverbs 15:22

Robert Frost

"Two roads diverged in a wood, and I,

I took the one less traveled by,

And that has made all the difference."

-Robert Frost

Central banks are accumulating and holding gold...

"Basel III has rated gold a risk free asset that may be considered for central and local banks to hold, as many have already begun....China is already hoarding Gold and diversifying reserves." Louise Yamada Technical Research Advisors (as seen on KingWorldNews.com)

How MONEY & BANKING Really works - Part 1 (1 of 5)

10 Reasons Precious Metals Prices Are Ready to Break Out In 2013 -Greg McCoach [Jan 27 2013]

10 reasons given by Greg McCoach (Mining Speculator)
1. Fear is going to increase
2. China
3. Economy
4. Weakening dollar($US)
5. Overall demand
6. Re-flation
7. Gold is Money
8. German Repatriation
9. Product Simplification
10. Probability of Collapse

"$1500/ounce Gold is now the new floor in the gold price..." Greg McCoach

Why can't Germany get its gold back?! Interview with David Morgan [Jan 25 2012]

Jim Sinclair outlines why gold is a good long term investment

Some of his comments and I quote, are the following:

"...gold will rise to $3500 and beyond, but never do a 1980 fall again."

"...I have invested $32,000,000 in my own approach towards gold."

"... I sold ALL of my personal material treasures to make this investment when only I would do it."

"No government fund, no gold bank, and no long cycle analyst can stop the progression of gold. The capitalization of the forces behind gold will overcome all these other bearish considerations. I say this because I know this, not because I think this.
I knew gold’s first most important number was $1650 11 years ahead of time. I did not think it. I am telling you now because I know it that gold will go to and beyond $3500. It will be gold that saves a financially collapsing world of debt."

Please see ORIGINAL SOURCE

Jay Z & Warren Buffet Discuss Success At The 400 Forbes Summit

Warren Buffet, Tony Robbins, Sara Blakely & Julián Castro on Economic Success 2013

Comex Gold Closes UP 6.9% for the Year [http://traderdannorcini.blogspot.com]

Gold put in yet another good performance on a yearly basis as it added 6.9% in 2012

Gerald Celente (publisher of The Trends Journal): “Continue to buy gold and silver because a currency war has broken out.”