Rich Dad’s Robert Kiyosaki: "Cash Will Be Trash," Future Of Gold “Very Good”

"Kitco News speaks with Rich Dad, Poor Dad author Robert Kiyosaki to find out how he sees gold, oil and stocks set up for the coming year, given the volatility in financial markets this month. “Get out of the stock market!” is his clear message to investors in his latest book “Second Chance: for Your Money, Your Life and Our World.” Kiyosaki says he thinks the future of the dollar is bleak, which would translate into a “very good” future for gold prices. “When the euro collapses, it means the dollar will collapse soon thereafter,” he says. When asked if he allocates 5-10% of his portfolio in gold, Kiyosaki says he actually has more and stored in “faraway places.” There’s just one little problem. “The problem with gold…is when I spend gold, when I redeem gold, I'm taxed at 33% and that’s really high,” he says. “So I hold gold not as an investment, I hold it just in case – which I think will happen – the dollar, the yen, the euro and the pound will collapse.” Tune in now to hear more from famed investor and author of bestselling book Rich Dad, Poor Dad Robert Kiyosaki. January 7, 2015."

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.

The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?

Eric Sprott: Global Gold Demand Is Overwhelming Supply.

Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?

  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

Rick Rules: Capitulation In Gold And Resource Markets.

Rick Rules gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.

  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point.

  We are moving forward with our companies: TNR Gold and International Lithium and advancing our projects. International Lithium enjoys two active J/V programs with Ganfeng Lithium, which is expanding their vertically integrated Lithium business in China now. In TNR Gold we have just concluded the major deal with McEwen Mining. Now TNR Gold holds NSR Royalty in "One of the World's largest undeveloped Copper deposits" - according to McEwen Mining, which is now for sale with clear title. TNR Gold has received shares in McEwen Mining and will get 1% of Los Azules copper project sale if it is done within next 36 months. This is the very nice addition to all our other assets: International Lithium 25.5% stake and 100% in Shotgun Gold deposit.

Jim Rickards : Get Your Gold Now Before It’s Too Late.

"Kitco News is kicking off its Outlook 2015 coverage with an interview with bestselling author Jim Rickards to see what he thinks will happen to the U.S. economy in the coming year and how it may affect gold. “We’re absolutely in a currency war,” he tells Daniela Cambone. “In 2011, we saw the weak dollar; today, we see the strong dollar. I expect a year from now we’ll see the weak dollar again.” Recent strong economic data out of the U.S. has many analysts expecting the Fed to start raising rates this year. “There’s a lot of weakness behind the numbers,” Rickards says. “The economy is not collapsing, it’s just not growing up to potential and as long as that’s true….the Fed is not going to raise rates.” Rickards adds that he thinks the U.S. economy is fundamentally weak and if it gets worse, he wouldn’t be surprised by a QE4 sometime in 2016. He wants to see what will happen to the dollar once the marketplace realizes that the Fed cannot raise rates yet. Looking at gold, Rickards says the current price is a great entry point because once it takes off, he thinks it will be hard for investors to find any gold. Tune in now for a more in-depth look into Rickards’ outlook for 2015 and hear why he thinks the currency wars are not yet over. Kitco News, December 12, 2014."

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.

The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?

Eric Sprott: Global Gold Demand Is Overwhelming Supply.

Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?

  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

Rick Rules: Capitulation In Gold And Resource Markets.

Rick Rules gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.

  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point.

  We are moving forward with our companies: TNR Gold and International Lithium and advancing our projects. International Lithium enjoys two active J/V programs with Ganfeng Lithium, which is expanding their vertically integrated Lithium business in China now. In TNR Gold we have just concluded the major deal with McEwen Mining. Now TNR Gold holds NSR Royalty in "One of the World's largest undeveloped Copper deposits" - according to McEwen Mining, which is now for sale with clear title. TNR Gold has received shares in McEwen Mining and will get 1% of Los Azules copper project sale if it is done within next 36 months. This is the very nice addition to all our other assets: International Lithium 25.5% stake and 100% in Shotgun Gold deposit.

Rick Rule: Capitulation In Gold And Resource Markets.

 
  Rick Rule gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.

  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point.

  We are moving forward with our companies: TNR Gold and International Lithium and advancing our projects. International Lithium enjoys two active J/V programs with Ganfeng Lithium, which is expanding their vertically integrated Lithium business in China now. In TNR Gold we have just concluded the major deal with McEwen Mining. Now TNR Gold holds NSR Royalty in "One of the World's largest undeveloped Copper deposits" - according to McEwen Mining, which is now for sale with clear title. TNR Gold has received shares in McEwen Mining and will get 1% of Los Azules copper project sale if it is done within next 36 months. This is the very nice addition to all our other assets: International Lithium 25.5% stake and 100% in Shotgun Gold deposit.

Gold and Commodities: What Is next - Major Reversal Or Another Bloodbath?

  We had a small party this Friday with Gold short covering in a full action. Will this Reversal hold to its promise now? All hope was lost for the Gold bugs and all miners were obliterated in capitulation last week. This is when the bottoms are formed. No buyers and everybody who can has already sold. Last few weeks we had no bids in any junior miners and if any volume came in it was sold at any price. It is The Capitulation. I have seen it before and not a lot of people out of our industry can believe it, but we have hit even the lower low than in the middle of financial Panic in 2008 in our sector!

  Nobody knows the future and I am not a trader any more. I have to stick with my companies moving forward, building up the assets even when nobody cares any more. But when the turn-around comes the move from insanity Low to another side is the most dramatic of all as well. You just have to stay in one piece before it. Have we reached this level?

  The chart above could be the answer. Everybody is Bullish on US Dollar and Markets. Everybody is Bearish on Gold and Miners. Sentiments are at the total extremes.  Fundamentals are supporting much higher Gold, Silver and Copper prices. The most important: smart money - Industry Insiders are buying the best assets now.

  Please notice the fist Candle when USD started this rally in May 2014, the move was dramatic and uninterrupted. Now we have the Reversal Candle just formed. What will bring the downward pressure on US Dollar now? I do not know, but Nothing grows up into the Sky. Strong US Dollar means that Deflation can become the reality. Who will risk it now? We will see very soon and the next week will be very important. The real short squeeze has not even started yet. 
  Alan Greenspan talking about Gold as Premier Currency, Charles Nenner calling the cycle bottom and China buying record amount of Gold could be the signs of the tide coming up now to the gold market.

  You can find my previous posts links to showcase my Big Picture view on this blog and I will remind you about our assets in International Lithium and TNR Gold, as usual. Read more."

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Please read our full legal disclaimer in our presentation and on our website: http://www.tnrgoldcorp.com/

International Lithium: Kirill Klip - Q And A From ILC On Our Strategic Partnership With Ganfeng Lithium.

International Lithium Presentation September 2014 from Kirill Klip

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.

“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.

Bloomberg: 1,500 Tons Of Gold On The Line In Swiss Vote To Buy Back Bullion.

  

Bloomberg.

  The story about Swiss Gold Referendum has made its way up to the Bloomberg. Now everything depends on the people of Switzerland, but at least we will have the opportunity for the proper discussion about the FIAT Currency systems and Gold. China is not only buying record amounts of gold now, but taking out the best long term mining assets all over the globe.

TNR Gold Los Azules Copper M&A: Barrick In Talks With Chinese Miner Zijin On Pascua-Lama Investment.

Grant Williams: All You Need To Know About Swiss Gold Referendum.

Great presentation from Grant Williams on this groundbreaking event for the Switzerland and the Gold market! We are close to the very important catalyst point for the Gold market now.

Bloomberg:

1,500 Tons of Gold on the Line in Swiss Vote to Buy Back Bullion 

There are people in Switzerland who resent that the country sold away much of its gold last decade. They may be a splinter group of Swiss politics, but they’re a persistent bunch.
And if they get their way in a referendum this month, these voters will make their presence known to gold traders around the world.
The proposal from the “Save Our Swiss Gold” proponents is simple: Force the central bank to build its bullion position up to at least 20 percent of total assets from 8 percent today. Holding 522 billion Swiss francs ($544 billion) of assets in its coffers, theSwiss National Bank would have to buy at least 1,500 tons of gold, costing about $56.3 billion at current prices, to get to the required threshold by 2019. More on Bloomberg."

Grant Williams: All You Need To Know About Swiss Gold Referendum.

Great presentation from Grant Williams on this groundbreaking event for the Switzerland and the Gold market! We are close to the very important catalyst point for the Gold market now.

The China Money Report: Gold At $7,000 Article Goes Viral In Chinese Media.

  The timing of this article is very interesting: we have the upcoming Swiss Gold Referendum, China buys record amount of Gold and there are more voices about US Dollar losing its reserve currency status every day. Nobody knows the future, but it is important to note: "... that most of Chinese economist think that the price of gold should be $ 2,400 / once." Read more."

Koos Jansen: The Chinese Precious Metals Market Is On Fire.

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

First Polls On Swiss Gold Referendum Show 45% Support, 39% Opposing, 16% Undecided.

TNR Gold Shotgun: NOVAGOLD Reports Major Progress in Advancing Donlin Gold up the Value Chain.

  

  We have the major news for Alaska Gold mining industry from our neighbours - Donlin Gold is moving forward! NOVAGOLD and TNR Gold were developing Shotgun Gold project together and in 2010 our company has consolidated the project and now owns 100% of it. NOVAGOLD has received TNR Gold's shares and warrants. Greg Johnson - one of the founders of NOVAGOLD has joined TNR Gold board after our very impressive results from the drilling program in the Fall 2012. Please watch the video to find out his personal statement: Read more."

TNR Gold Shotgun Gold Presentation, Alaska - April 2014 from Kirill Klip