For Whom Wealth Matters
September 28, 2011 22 Comments
These are four stories I came across today.Asian buyers are bullish on gold.In Bangkok they bought gold even as the prices dipped.I guess only time will tell if they were wise or not.This picture is from Yaowarat in Bangkok.The full story is available here: http://www.bangkokpost.com/business/economics/258447/gold-price-plunges-on-europe-fears
September 27, 2011 4 Comments
I found this story in today’s Indian Express. Enjoy!
In 1941, a Nazi torpedo tore a hole in a British merchant ship carrying a fortune in silver to England from India. The ship was part of a convoy headed for Liverpool, but it went down about 300 miles southwest of Ireland, disappearing in icy waters nearly three miles deep, deeper than the resting place of the Titanic.
Now, divers say they have found the wreck intact and they estimate its cargo at up to 240 tons of silver — a trove worth more than $200 million. They plan to recover it this spring. Read more of this post
September 25, 2011 4 Comments
These figures are from the ET article Inflation Gains Currency & How!Dated Sept,2011
1.) For the first time India will print as many new 1000 rs notes as 500
2.)For the first time,in value terms,the 1000 rupee notes will account for more money than 500 notes which were the mainstay of high value transactions for some time.
3. )2,000 million i.e. double the number of 100o rupees notes printer last year are to be printed this year. Read more of this post
September 21, 2011 Leave a comment
I saw so much of venom spewed on the net about this video that I just had to see it for myself and judge.Personally I feel its pretty good.It does urge the watcher to subscribe to a paid newsletter but I don’t think that detracts from the quality of the work.I personally learnt a couple of new things such as the conditions in Yugoslavia when it disintegrated and the devaluation of the Pound in the 70s.The video just gives one man’s view of how the economic situation of the world will pan out.I see no reason to get so worked up against the man.Personally I think his scenario has a fair chance of coming true.His video is really a lot better content wise than a lot of other stuff on the net.Do watch the video ,I promise its not such a waste of time. Read more of this post
September 20, 2011 7 Comments
Here’s what wikipedia says about Porter Stansberry:
Frank Porter Stansberry, is an American conservative subscription-based investment advisor and the creator of the 2011 online video and infomercial entitled “End of America”.In 1999 he founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland. He is currently the editor of Agora Inc.’s internet financial newsletter ‘Porter Stansberry’s Investment Advisory’, and the weekly trading service, ‘Porter Stansberry’s Put Strategy Report’. Read more of this post
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