LIVING OFF DIVIDENDS & PASSIVE INCOME

Here’s a news clip from nearly 4 weeks ago, about how and why China is moving away from US denominated assets and buying tons of gold instead. It looks like the Chinese believe there’s a threat of inflation looming.

Now there’s absolutely no reason to mimic the investment strategies of one of the world’s largest creditors to the USA, but if you think they’re doing a good job of managing their economy you might want to give it some thought.

• The World's Most Expensive Gold Coin China just released a 10 Kilo Gold Coin to commemorate the 2008 Olympics that are currently being held in Beijing. 10 kilos of .9999 Fine gold is a staggering 321 ounces, more than 22 pounds and its more than a half foot in diameter! Not only is it the largest......
• What Happens When Demand for US Debt Dries Up? Over a year ago, I wrote about China threatening to stop buying US Treasuries. According to an article in the New York Times, it now looks like China is losing it's appetite for US debt : In the last five years, China has spent as much as one-seventh of its......
• Why Is Gold At A $1000/Oz? /caption] Today Gold hit an intraday price of $1005/ounce. While not a record, it's definitely a historical moment, with this event occurring for only the sixth time in history. We can only speculate as to why the run up to a $1000 so quick but some of the likely reasons......

• Gold and silver hitting two-decade highs Both gold and sliver cracked highs that they hadn't seen in two decades today.  Gold hit the high $580s and silver was above $11.50.  (Disclaimer: I own a little of both.) Some reasons why the shiny metals are getting shinier, according to the news: Buying by funds Speculation surrounding a......
• 450 Random Useless Facts [/caption] Most American car horns honk in the key of F. The name Wendy was made up for the book "Peter Pan." Barbie''s full name is Barbara Millicent Roberts. Every time you lick a stamp, you consume 1/10 of a calorie. The average person falls asleep in seven minutes. Studies......
• Muslim Demographics: What is The Truth? [/caption] Muslim Demographics - fact vs. fiction There was a video going around about Muslim demographics in Europe. It was put up by FriendofMuslim, which turns out is a pseudonym for a Christian evangelist. As a side note, this is a common attitude among evangelists, shared by both Christians and......

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