Last week, I just got an Email from Kiyosaki (the Author of Poor Dad, Rich Dad. Poor you if you never read this book). He specially pointed about the bullish price of Gold. Reaching $1600 per ounce. And yet, Kiyosaki predict that gold price will rise to about $7000 per ounce in several years ago. It means about 5x times more than the current price. But that is just a prediction. A Very good Investment? Yes. But no one will like that.
Why ?
If price of Gold reach that point in just a few years later, it means there is just about 50% inflation rate going on and that is not a good news. Government lost trust of people. And guess what ?
Riot will happen. Not an exaggeration if Kiyosaki said Amunition and Gun would be the next best Investment.
Anyway with US still battling their way to solve Debt Problem will cause more stir to a lot of people. WIth Republican suggesting to reduce welfare while Democrate trying to walk away with increasing tax, both choice nonetheless will do more harm to middle class people and lower.
Reducing Welfare means reducing the number of Social security, health pack and anything that lower class people need while in the other hand, increasing taxes means decreasing the number of disposable income for many people.
What happen to people like Warren Buffet or Bill Gates ?
Nothing, which party succeed will only affect minor if not nothing to their interest.
The rich become richer while the poor become poorer. Pathetic isn't it ?
That's why never rely on our leader to save us. They will do just what they need to. It is up to us to save ourself.
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