MoneyAccumulator.com

You can learn a lot from Robert Kiyosaki in this video. He talks about the eroding U.S dollar and why when you save you are actually losing purchasing power over time.

So, I finally got around to installing the newer version (v.11) of the financial charting sofware MetaStock a few weeks ago.It is a great piece of sofware, I’ve been using it since year 2007, however back then I was doing swing trading which was much shorter term and using daily charts to find opportunities to buy and sell stocks which took days or weeks.

Now, if the average person in the world does what the American Federal Government is doing with debt, we will be in huge trouble. Oh wait…most of the people in Western world did just that and the world economy is already in trouble now.

If the Government can’t be prudent in managing their debt and setting a good example, then their citizens probably will be reckless as well. I remember watching a video of President Bush telling Americans to go and spend with their credit cards.

Good educational tutorial as to what exactly the Federal Exchange of the United States does. Contrary to popular beliefs they don’t print money, but does control when more money needs to be printed. The Fed gives the O.K to the U.S treasuries to start the printing press.

No matter how you slice it though, more money supply of the U.S dollars in the market will devalue it all the same. Soon the U.S dollar will not worth even the paper it is printed on.

Henry S. Dent has a pretty good track record of foretelling what will happen. Nobody can predict when it will happen just what is going to happen and so far, the next crash is taking longer because of Fed stimulus.

He recommends get out of stocks, commodities and get into cash and U.S Treasuries. He is not a gold bug though. He thinks it is a commodity and will get pull down with all other commodities.

Topics:

-Started physical silver collection (coins, bars)
-Paper silver / gold market unsafe
-U.S dollar devaluation / Fed printing money
-Hyper inflation
-2012 Year of the Dragon 1/2 oz coin - Royal Canadian Mint
-Bearish on NASDAQ for 2012

by Das Brain

China and Japan (2nd and 3rd largest economies) will now start to trade amongst themselves using Yen and Yuan and not the U.S dollar.
The is a big hit to the United States dollar, because it currently is the world’s reserve currency, however because America is in so much debt and America keeps printing more money out of thing air, the U.S dollar value is being driven down.

Some real statistics about where the United States is when it comes to the national debt, and where it might be going.

Here are a few links describing the Chinese astrology predictions for the year 2012, which is the year of the “Black Water Dragon”, the dragon is the astrological sign and water is the element. Some say it will not be as volatile as 2011 and also because dragon is a sign of wealth, power and prosperity some people might have a good 2012.