August 31st, 2011 
Elisheva Wiriaatmadja 
(Inflation.us) On August 6th after S&P downgraded the U.S. debt rating from AAA to AA+ with a negative outlook, NIA prayed that Americans would not make the mistake of buying U.S. Treasuries as a safe haven. We normally don’t pray about economic matters, but only God can save the U.S. economy today as well as [...]
August 30th, 2011 Elisheva Wiriaatmadja In an interview with CNBC, Faber suggested that investors hold physical gold in their safe deposit box but preferably outside the United States. For over 20 days gold price rallied to its all-time high in the $1900 per ounce level. However, just days before the $200 dollar gold price correction last week, Marc Faber predicted [...]
August 26th, 2011 Elisheva Wiriaatmadja In 2006, while nobody was looking, the American economy began its catastrophic descent, as the early stages of the real estate crisis started taking shape. Two years later, the stock market collapsed, the credit markets dried up, banks melted down and unemployment started to soar. In the 1990′s When the real estate prices were still [...]
Posted in Survival Tips, Wealth 
Tags: American Empire Collapse, collapse, economic collapse, gold, gold bubble, inflation, stock market 
No Comments » August 25th, 2011 Elisheva Wiriaatmadja (FTAdvisor.com) Veteran investor Jim Rogers does not believe the euro will be around in 10 years as the European Central Bank continues to take “absolutely the wrong measures”. Mr Rogers, who is currently invested in the euro, said the ECB was “certainly making plenty of mistakes” and countries should be forced to “cut spending with [...]
August 23rd, 2011 Elisheva Wiriaatmadja 
Ever since the news broke out about current President of Venezuela, Hugo Chavez, who wanted to have 211 tonnes of gold transported back to Caracas, the news have been covering this and wondered how he was going to do that. This amount of gold is worth over US $12 billion. Finance Minister Jorge Giordani said [...]
August 21st, 2011 Elisheva Wiriaatmadja (WSJ.com) With tuition bills due in a few weeks, a growing number of banks are offering stretched parents and students new, fixed-rate loans that promise protection from the specter of rising rates — for a price. Until recently, most private student loans have carried variable rates, where the interest rate can adjust up or down [...]
August 11th, 2011 Elisheva Wiriaatmadja Ever since the debt ceiling bill passed on Aug 2, 2011, everything went downhill for America, dragging the whole world down with them. Standard & Poor downgraded the US credit rating from AAA.The Dow Jones dropped sharply within the past 8 days by over 500 points. Gold price rose from a little over the $1600 [...]
Posted in Gerald Celente, Jim Rogers, Marc Faber Tags: gerald celente, gold, gold bubble, gold price, jim rogers, marc faber, precious metal No Comments » August 8th, 2011 Elisheva Wiriaatmadja 
Gerald Celente just tweeted 16 minutes before I started writing this post. He said, “Gold @ $1748. The Panic is ON! Watch for Fed/Central Banks measures to drive down price, regulate it and/or blame speculators for turmoil.” When I went to GoldPrice.org to check the price it went up to $1,753 per tray ounce. Only [...]
August 8th, 2011 Elisheva Wiriaatmadja Russia Today interviews financier and author, Patrick Young. European Central Bank officials have agreed to buy Eurozone government bonds to fight the continental debt crisis. Although it’s not clear yet which bonds the bank is going to buy – experts expect them to be from debt-laden countries like Italy and Spain. That’s after the German [...]
August 8th, 2011 Elisheva Wiriaatmadja 
(ElishevaDPW.com) At 12:55 pm Jakarta time (GMT+7) gold price strikes a record high of $1,712 an ounce. Only within 3 weeks gold price made a huge jump of over $200 from its $1,500 per ounce level. A Tokyo-based trader told Dow Jones Newswire, “People are just taking their money out [of other markets], especially from [...]
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