It's Official: Gold Is Now The Most Hated Asset Class [View article]
Mister J.....what makes you think physical buyers actually bought at $1900? Seems to me the latest news is how robust the physical market is NOW. Wait til silver drops under $20. Then you'll see some more physical buying. Oh, and BTW - I hope all those in equities get out at the top too.
What Will $2 Million Get You In Retirement? [View article]
Free State Yank.....my wife and eat out at Wendy's one night a week, getting 2 baked potatoes, jr. cheeseburger, chili, small frosty (free all year with $1.00 donation to charity) and two senior soda's (refillable) for just over $5.00.
What Will $2 Million Get You In Retirement? [View article]
Santa.....someone making 6 figures (who lives on 5 figures) CAN visualize living on mid 5 figures, if the do it every day. That's the point, IMHO, live well below your income, save tons, buy good stuff that lasts, don't let your eyes get too big for your income and savings, and then when the time come's you'll just keep living the same lifestyle.
What Will $2 Million Get You In Retirement? [View article]
It's amazing what you DON'T need in the way of money to spend when you have houses and cars that are paid for, and when you are out of other debt as well. What do you NEED to buy. Stuff to keep you going. The rest you can use for vacations and cruises.
Agree with the exercise and stay fit. My wife (62) ran a 1:47 half marathon. She's way faster than me.
What Will $2 Million Get You In Retirement? [View article]
Poncho, According to a recent study, only 17% of retiring people had more than $250,000 in addition to their homes. So I agree with Benny - less than 5%.
"According to Spectrem, there are now 8.6 million households in the U.S. with a total net worth (minus principal residence) of $1 million or more. The number of households worth $5 million or more and $25 million or more also remained fairly flat, with growth of less than 2%. There are now 1,078,000 households worth $5 million or more and about 107,000 people worth $25 million or more."
Will Silver And Silver Wheaton Keep Falling? [View article]
Relative to the comment on SLW buying silver that is a byproduct of primary metals mining, "A new report from theMcKinsey Global Institute, 'Urbanworld: Cities and the rise of the consuming class', finds that:
• The 600 cities making the largest contribution to a higher global GDP - the City 600 - will generate nearly 65 percent of world economic growth (worth $30 trillion) by 2025. • One billion new people will enter the global consuming class by 2025. • Cities are expected to build floor space equivalent to 85 percent of today’s space – an area the size of Austria. The urban building boom will require cumulative investment of $80 trillion. • Nearly an 80 billion cubic meter increase in municipal water demand is expected by 2025. • Over 2.5 times today’s level of port infrastructure is needed to meet rising container shipping demand. • Consumption and capacity building in the developing world are already straining the global supply of capital and natural resources."
Unless we have a global catastrophe - looks like we'll have growing demand for primary materials for a long time in the future.
The Sell-Off In Gold Has Become Plain Silly [View article]
Further:
'Over in India – the world's biggest gold buying nation on an annual basis – "There is no supply," Reuters today quotes Prithviraj Kothari, head of Mumbai importers Riddhi Siddhi Bullions Ltd.
Thanks to this week's sudden imposition of Indian gold import restrictions, supply is so tight some distributors are charging up to $20 an ounce above international benchmark London prices, Kothari says.
Hong Kong premiums have jumped this week to record highs of $5 per ounce, with the kilogram gold bars favored by China's investment market now "hard to come by" according to one Singapore dealer."
Bear Of The Day: Silver Wheaton [View article]
Gold Bears Emerging From Hibernation [View article]
NUGT - up $1.58 as of now.....19.59% on the day.
Gold Bears Emerging From Hibernation [View article]
The Sell-Off In Gold Has Become Plain Silly [View article]
It's Official: Gold Is Now The Most Hated Asset Class [View article]
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
Agree with the exercise and stay fit. My wife (62) ran a 1:47 half marathon. She's way faster than me.
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
According to a recent study, only 17% of retiring people had more than $250,000 in addition to their homes. So I agree with Benny - less than 5%.
"According to Spectrem, there are now 8.6 million households in the U.S. with a total net worth (minus principal residence) of $1 million or more. The number of households worth $5 million or more and $25 million or more also remained fairly flat, with growth of less than 2%. There are now 1,078,000 households worth $5 million or more and about 107,000 people worth $25 million or more."
http://on.wsj.com/13BHSPc
What If Long-Term Dividend Investors Buy Before A Crash? [View article]
Will Silver And Silver Wheaton Keep Falling? [View article]
• The 600 cities making the largest contribution to a higher global GDP - the City 600 - will generate nearly 65 percent of world economic growth (worth $30 trillion) by 2025.
• One billion new people will enter the global consuming class by 2025.
• Cities are expected to build floor space equivalent to 85 percent of today’s space – an area the size of Austria. The urban building boom will require cumulative investment of $80 trillion.
• Nearly an 80 billion cubic meter increase in municipal water demand is expected by 2025.
• Over 2.5 times today’s level of port infrastructure is needed to meet rising container shipping demand.
• Consumption and capacity building in the developing world are already straining the global supply of capital and natural resources."
Unless we have a global catastrophe - looks like we'll have growing demand for primary materials for a long time in the future.
The Sell-Off In Gold Has Become Plain Silly [View article]
'Over in India – the world's biggest gold buying nation on an annual basis – "There is no supply," Reuters today quotes Prithviraj Kothari, head of Mumbai importers Riddhi Siddhi Bullions Ltd.
Thanks to this week's sudden imposition of Indian gold import restrictions, supply is so tight some distributors are charging up to $20 an ounce above international benchmark London prices, Kothari says.
Hong Kong premiums have jumped this week to record highs of $5 per ounce, with the kilogram gold bars favored by China's investment market now "hard to come by" according to one Singapore dealer."
http://bit.ly/12HHKeF
And: Below is list of the expected top two of twenty most populous countries in the year 2050:
1. India - 1,692,008,000
2. China - 1,295,604,000