Friday, April 21, 2017

The Next Economic Crisis

When the next crisis comes, it is going to be the worst in our lifetime and I am probably older than you are, it is going to be the worst crisis in my lifetime.

Thursday, April 20, 2017

Eventually Gold Will Move Much Higher

Eventually Gold will move much higher. Through out history when people lose confidence in the government or in the currency, they always go to gold and silver. (iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD))

Wednesday, April 19, 2017

Trump Will Debase The U.S. Dollar

Mr. Trump has said that the U.S. Dollar is too high, he is going to destroy and debase the U.S. Dollar.

Stock Market, U.S. Economy & Trump

He promised that he was going to get American companies to get all the money that they have deposited off-shore with tax incentives but so far any of that has happened and that is one of the things that made the stock market go up. So far, none of that has happened and the economy continues to get worse. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Russell 2000 Index ETF (IWM)

Tuesday, April 18, 2017

The Economy Does Not Seem To Be Booming. Why Are Stock Doing So Well?

The U.S. stock market is hitting all-time highs, which is a bit peculiar given the state of the world and the state of the economy. The economy does not seem to be booming, it's all based on expectations. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Technology Select Sector SPDR ETF (XLK), Health Care SPDR ETF (XLV), Energy Select Sector SPDR ETF (XLE))

All Bull Markets Need Corrections

All bull markets need corrections. Corrections are good.

Wednesday, April 12, 2017

Russia Is Still Very, Very Cheap

At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI))

Tuesday, April 11, 2017

Trump: I'm a Little Bit Confused

I am a little bit confused. Maybe Mr. Trump is confused too. He has promised dozens of times that he would start a trade war with China, in this first day in office he would impose a 45% tariff, he would start a trade war with Mexico and Japan and none of that has happened, so I am not quite sure of what has happened to Mr. Trump. Maybe he is just a politician like the rest of them.

Monday, April 10, 2017

India: It Has Been A Disappointment

Mr. Modi has been a disappointment. I bought Indian shares when it looked like he was going to win but I sold them. He has not done anything. And that demonetization thing, I mean, that was just theft. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))

Thursday, April 6, 2017

The U.S. Dollar Will Go Higher

I own a lot of U.S. Dollars because turmoil is coming and the Dollar will go higher, it will get overpriced and may even turn into a bubble.

A Safe Haven for Savers

In the end the savers safe haven is agriculture. Have a farm and learn how to be a farmer. (PowerShares DB Agriculture Fund (DBA))

Wednesday, April 5, 2017

Video: The Road to Wall Street


The Road to Wall Street: From the early days in Alabama to Wall Street.
  • how Jim Rogers took a 75 percent pay cut to start the fund with George Soros;
  • the remarkable performance (4200 percent in 10 years) alongside George Soros;
  • the decision to leave Wall Street and go driving around the world;

Tuesday, April 4, 2017

Mine Nationalization: Is It a Serious Risk?

I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk. (Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX), Novagold (NG), Barrick Gold (ABX))

Monday, April 3, 2017

Favorite Emerging Market

As soon as oil stops going down, I hope that I am smart enough to buy a lot of Rubles. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Friday, March 31, 2017

If This Scenario Unfolds, The British Pound Can Crash To $0.80

If Scotland leaves the United Kingdom, the British Pound can go to $0.80. The Scots have a lot of Oil and if they leave they are going to take the oil with them. (Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), British Pound Futures)

Thursday, March 30, 2017

The Federal Reserve Has No Clue

The Federal Reserve has no clue on what they are doing. They will ruin us all. Why? Because they have driven interest rates to levels which have never seen before and the rest of the world followed. This is all going to end very, very, very badly!

How To Invest: Buying Hated Markets

You are supposed to buy hated markets, you buy what is hated, you do not buy the popular stuff, you buy the depressed stuff.

Wednesday, March 29, 2017

Russia: When I Will Buy Again

I am not buying Russia at the moment but as soon as Crude Oil prices stop going down, I hope I am smart enough to buy a lot of Russian Rubles, a lot of Russian government bonds and maybe a lot of Russian equities. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Tuesday, March 28, 2017

Precious Metals: If I Had To Buy One, It Would Be Silver

At the moment, Silver (iShares Silver Trust ETF (SLV)) is cheaper than Gold (SPDR Gold Trust ETF (GLD), I mean, historically Silver is down 70-75% from its all-time high, Gold is not down so much. At the moment if I was buying one, I would buy Silver but I am not buying either.

Monday, March 27, 2017

Forex Market: I'm Skeptical About The Japanese Yen (JPY)

I am skeptical about the Japanese Yen. It will be stronger than the Euro, or less weak, but I would not buy the Japanese Yen.

The U.S. Dollar Is Going To Continue Go Higher

The U.S. Dollar is going to go higher and may even turn into a bubble before this is over if things get as bad as I think they will.

Thursday, March 23, 2017

Currencies: The Euro Will Continue To Go Lower

The Euro will continue to go lower, I`m afraid. Of course, there will be rallies along the way, nothing goes straight up and nothing goes straight down. Basically, I would not own the Euro.

Wednesday, March 22, 2017

Currencies: Bearish on The Japanese Yen

I am skeptical about the Japanese Yen. Some people consider the Yen as a safe haven when compared to the U.S. Dollar. It will be stronger then the Euro Currency (EUR) or less weak than the Euro, I should say, but I would not buy the Yen either. There is some money that goes to the Yen on the mistaken view that it is a safe haven too, but the Japanese have gigantic debts as well, their internal debts are higher than in the U.S. and it is not a place to put money.

Monday, March 20, 2017

Interest Rates Are Going To Go Higher All Over The World

There is no question that interest rates are going to go higher all over the world. We have a very artificial situation with interest rates at zero, negative interest rates in some places. That is not normal and it will not last!

Friday, March 17, 2017

Investing: Chinese Tourism

Chinese tourism is going to be one of the great industries of the 21st century.

Thursday, March 16, 2017

Investing: Think About Farming and Agriculture

Agriculture has been a disaster worldwide for 30 years, that`s the reason I am optimistic now. Agriculture is down 31 percent in the last 19 years.


Agriculture has been a disaster, I urge you to think about farming and agriculture. (John Deere (DE), Kubota Corp (ADR)(OTCMKTS:KUBTY), Mosaic Co (NYSE:MOS), Potash Corporation of Saskatchewan (USA) (NYSE:POT), Agrium Inc. (USA) (NYSE:AGU), PowerShares DB Agriculture Fund (DBA))

Wednesday, March 15, 2017

Parts of the U.S. Real Estate Market Are in a Bubble

Some parts of the U.S. real estate market are now in a bubble but some parts of the American property market are very attractive and there are great opportunities. (iShares Dow Jones US Real Estate ETF (IYR))

Monday, March 13, 2017

Nobody Has Ever Won a Trade War

If there is a trade war I assure you we should all be very, very worried. Trade wars through out history have never worked, nobody has ever won a trade war. (iShares FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF Trust (SPY))

Tuesday, March 7, 2017

Investing: Where I Will Put More Money

One of the places where I will probably put more money is the Renminbi and/ or China. The Renminbi will probably be convertible by then (when the U.S. Dollar gets overvalued and turns into a bubble) which will make it much more attractive to international investors.

Friday, March 3, 2017

One Strong Reason To Be Bearish On Bitcoin

Unfortunately I am afraid that the use of Bitcoin or any other digital currency will not be very successful because in the end governments are going to decide which electronic money you use. 

Thursday, March 2, 2017

Trump: Trade Wars or a Fantastic Time?

If we do not have trade problems and we do the good things (tax cuts, infrastructure spending and deregulation) that he wants to do, it could be fabulous! (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA))

Wednesday, March 1, 2017

U.S. Dollar: It May Get Overpriced

My largest currency holding is the U.S. Dollar because I expect turmoil in world financial markets. When there is turmoil, investors will be looking for a safe haven. What will happen is that the U.S. Dollar will first get overpriced and if it keeps going, the U.S Dollar may even turn into a speculative bubble.

Monday, February 27, 2017

The World Has a Money Problem and Gold Will Benefit

I own gold but I have not bought any gold for a long time. But I own gold and I am waiting for opportunities to buy more. It it goes down I hope I am smart enough to buy a lot more. Before this is over, gold is going to go up a whole lot and gold may even turn into a bubble. The world has a huge problem with money. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Friday, February 24, 2017

Bitcoin: The Solution For The World's Currency Problems?

The world has a huge problem with currencies and money and the world is looking for solutions. Computers are changing everything we know. I suspect the money problems, the currency problems will be resolved, changed or solved by the computers. Whether it will be Bitcoin or not, I do not know.

Tuesday, February 21, 2017

The Worst Economic Problems Of Our Lifetime Are Coming

We are going to have the worst economic problems we've had in your lifetime and my lifetime and when that happens a lot of companies are going to disappear. In 200 2008, Bear Stearns disappeared. Bear Stearns had been around for over 90 years. Lehman Brothers disappeared, Lehman had been around for over 150 years. A long, long time.

Monday, February 20, 2017

Interest Rates Are Going Much Higher

When interest rates start going up again permanently, when the bull market does come to an end in government bonds, interest rates are going to go very, very high.

In 1981, short-term in America were over 20 percent. Long-term bonds were yielding over 15 percent.

When interest rates go higher the junk bonds are going to get destroyed both by interest rates and by credit defaults. (SPDR Barclays Capital High Yield Bond ETF (JNK))

Friday, February 17, 2017

Is the Stock Market Right About Trump?

Well, yes and no. Mr. Trump has said he is going to do some wonderful things, like cutting taxes which is always great for any society, any country. He said he is going to rebuild the infrastructure which America desperately needs and it's good for America.

He said he is going to bring home the 3 trillion dollars which American companies have overseas. All of the things are wonderful things. If he can do it, it's going to be great!

But, Mr. Trump has also said he is going to have trade wars with China, Mexico, Japan, Korea and a few other countries that he has named. He said that on his first day in Office he would impose 45 percent tariffs against China. He has been there for a few weeks and he has not done it yet, but he still has it in his head, I am sure. Maybe he is just another politician like all the rest of them that says one thing but does not mean it at all. He has at least three people at high levels on his team that are very, very keen to have trade wars with China and if he does that, it's all over! 

History is very clear. Trade wars always lead to problems, into disaster and even to real wars. If he is not going to have trade wars with various countries, then chances are that for a while happy days are here. (SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Futures)

Thursday, February 16, 2017

Junk Bonds: They Will Get Destroyed When Interest Rates Go Higher

I am not shorting U.S. Government Bonds but I am still short U.S. junk bonds still. We are certainly in the process of making a top, but when the top comes, I do not know. 

 When interest rates go higher permanently, the junk bonds are going to get destroyed by interest rates and by credit defaults because many of them are junk! (SPDR Barclays Capital High Yield Bond ETF (JNK), iShares iBoxx $ High Yid Corp Bond (ETF)(HYG))

Wednesday, February 15, 2017

The U.S. Dollar Will Just Go Higher And Higher

I have been around long enough to know that everything is possible, no matter how weird it may sound. In fact, the weirdest it sounds probably the more likely it is going to happen. I doubt that there will be a Plaza accord this time around. It is more likely that the U.S. Dollar will just go higher and higher on its own. It will get too high, it will cause serious credit problems for a lot of people that has borrowed a lot of U.S. Dollars and it will make a lot of American companies less competitive.

Tuesday, February 14, 2017

The Fundamentals Are Getting Worse Everywhere

The fundamentals are getting worse everywhere except in Russia. (SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Monday, February 13, 2017

The U.S. Dollar Is Having A Correction

The U.S. Dollar is having a correction now. All bull markets need corrections, corrections are good. I have not sold any U.S. Dollars. There is going to be turmoil somewhere along the line, we are already seeing it in some places. The Euro currency is going to have a lot of turmoil year. The U.S. Dollar is going to be a "safe haven". It is not a safe haven but is it perceived as a safe haven.

Friday, February 10, 2017

Emerging Markets: I'm Very Optimistic About Russia

I'm optimistic about Russia and Mr. Trump seems to like Russia a lot. Buy Russian government bonds! (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Thursday, February 9, 2017

China: A Trade War Will Be Disastrous (iShares FTSE/Xinhua China 25 Index ETF (FXI))

I am just watching. I haven`t figured out what Donald Trump is going to do. He keeps saying that he is going to hit them very hard. Trade wars have always been disastrous for everybody. Nobody has ever won a trade war. Trade wars have always led to bankruptcies. So, Mr. Trump does not seem to care about all of that, he thinks he is smarter than history. 

I'm Very, Very Bullish on the U.S. Dollar

I am very, very bullish on the U.S. Dollar for a variety of reasons. The U.S. Dollar is probably one of the best opportunities around right now because there will be a lot of turmoil, people will look for a safe haven. The world thinks the U.S. Dollar is a safe haven. It's not.

Wednesday, February 8, 2017

Stocks: The 3rd Rate Rise Starts To Cause Problems

Traditionally when the Federal Reserve raises rates three times you should be very, very worried. And on the fourth you should not only be worried but just run for the hills. So, if history is any guide, when the Federal Reserve raises interest rates some more there will be problems in the equity markets. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Futures, Russell 2000 Index ETF (IWM))

Tuesday, February 7, 2017

How Higher Rates Will Impact the Stock Market

Higher interest rates are certainly coming from the market and from the Federal Reserve. What that does to the stock market (SPDR S&P 500 ETF Trust (SPY)) we shall see. Traditionally when the Federal Reserve raises interest rates three times you should be very, very worried.

Monday, February 6, 2017

Commodities: A Big Opportunity

Commodities are bottoming, especially agriculture. Base metals are in the process of making a bottom. In a few years, we are going to look back and say, "What an opportunity that was!" (PowerShares DB Agriculture Fund (DBA), Nymex Copper Futures, Nymex Crude Oil futures, United States Oil Fund LP ETF (USO))

Friday, February 3, 2017

Crude Oil: Expecting a 40-60 Dollars a Barrel Range

My view is that Oil is making a complicated bottom. I do not think we have seen the low for this year yet. I am not even sure what the low will be. A range of 30 to 60 dollars a barrel, or 40 to 60, something like that. (Nymex Crude Oil futures, United States Oil Fund LP ETF (USO))

Gold: In the Process of Finding a Bottom (SPDR Gold Trust ETF (GLD))

Corrections and rallies are very common in all markets, does no matter what the market. What we are seeing is the process of gold (SPDR Gold Trust ETF (GLD)) trying to find its bottom and in my view it is not here yet.

Wednesday, February 1, 2017

India: I Don't Like The Populist Budget

I do not like the fact that the Indian budget deficit is going to continue. India will continue to get deeper and deeper into debt. That is populism, Mr. Modi wants to keep everybody happy! (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))

Tuesday, January 31, 2017

I Don’t Invest in Momentum Stocks

I don’t really understand high-priced stocks and so I just stay away from momentum stocks.   My investment style is just to find stocks or markets that are depressed and cheap, where there is both value and also some an element of change taking place. In the stock market I like to buy low and sell high.  (Netflix (NFLX), Facebook (FB), Tesla Motors (TSLA))

Monday, January 30, 2017

Markets: Recession, Interest Rates and Inflation

The problems are getting worse. Japan is already in recession (iShares MSCI Japan ETF(EWJ)). Parts of Europe, parts of America are in recession. 

The world has many problems facing it. Interest rates are going back up and a rise in interest rates will hurt a lot of people, it will help some but it will hurt most people. You have inflation rising again. I am not very optimistic about the next 2 or 3 years. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Futures)

Wednesday, January 25, 2017

If Trump Starts A Trade War, Sell Everything!

President Trump very much wants a trade war with Mexico, China, Korea, Japan... And if that really happens, you sell everything, every asset in your portfolio. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM))

Monday, January 23, 2017

Commodities: Crude Oil

Crude oil is in the process of making a complicated bottom. We will look back some day and we will say, "In 2015, 2016 or 2017 energy made its bottom and then prices moved higher." (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)

I'm Very Worried About the Global Economy

I am very worried about the global economy in the next few months. First of all it has been 8 years since we had an economic recession in America. Historically we had them every four to seven years. There are many problems in the world economy. Donald Trump has promised a tare war with Mexico, China, Korea, Japan... If he does that, my God, we are going to have serious problems! (iShares MSCI Japan ETF(EWJ), iShares MSCI South Korea Index Fund ETF (EWY), iShares FTSE/Xinhua China 25 Index ETF (FXI))

Friday, January 20, 2017

Investing: Read From Various Sources

Be skeptical. Be skeptical of everything you hear and read. Try to get as many sources of information as you can. Get your information from various countries, various news sources. Then put it all into your brain and you can get it right.

Listening to one source of information, especially in 2017 is a dangerous thing to do!

Thursday, January 19, 2017

The Traits of a Great Investor

You have to be skeptical, you have to be curious, you have to be willing to go against the accepted wisdom. You have to think independently and that is very hard to do. Be skeptical of everything you hear or read.

You do not do the opposite of what other investors are doing just to do the opposite. there must be a reason. Figure out what is really happening and you can be very successful in the markets.

I Love Investing In Markets That Are Hated (Market Vector Russia ETF Trust (RSX))

It could be a spectacular investment destination if the Russians have the right attitude. For what I can see, the attitude has changed in the Kremlin.

Plus, it is a hated market. I love markets that are hated. If something is changing and the market is hated... I love to invest in hated market. Russia has been a hated market, that is now beginning to change and it started going up a lot but it is still not a popular market. (Market Vector Russia ETF Trust (RSX))

Wednesday, January 18, 2017

Russia: A Fantastic Investment Destination

Something has happened in the Kremlin, the attitude has changed. they used to just shoot you or put you in jail or take your money if they did not like you. That has changed, I am not quite sure why.

They also have vast resources in Russia. It is not a big debtor nation like Spain or America, it has a balance of trade surplus in most years, so it could be a fantastic investment destination if they have the right attitude. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Tuesday, January 17, 2017

Currencies: I Don't Expect the Euro Currency to Survive

I do not expect the Euro currency to survive as it is now. I doubt that the European Union will survive as it is now. It is unfortunate, the world needs something to compete with the U.S. Dollar.

Monday, January 16, 2017

Markets: Time To Be Long Commodities

I still own commodities, I will probably be buying more commodities. I am not buying gold, otherwise most commodities are making bottoms during this consolidation. And its probably a time to be long commodities and the U.S. Dollar. (United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), PowerShares DB Agriculture Fund (NYSE:DBA))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

Thursday, January 12, 2017

If Trump Imposes Chinese Tariffs, Sell Everything

If Donald Trump imposes a huge tariff on Chinese imports, you better sell everything you have in your portfolio, because it will cause serious problems. Trade wars cause you have economic turmoil, economic downturns and recessions and many times even bankruptcy. (FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF Trust (SPY))

Wednesday, January 11, 2017

Investing In Russia

I was already bullish and invested in the Russian stock market before Donald Trump was elected. I had been investing there over the last few years. Donald Trump is going to be friendlier with Russia and that is obviously an enormous change and it is likely that you are going to see all major countries removing sanctions. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM), Russian Ruble)

Tuesday, January 10, 2017

U.S. Stocks: Many Stocks Are Now Very Expensive

Donald Trump’s election has caused an impressive U.S. stock market rally but many companies, many stocks are now very expensive. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA))

Monday, January 9, 2017

This is Going to End Disastrously

As you all know we had a problem in 2008 because of too much debt. Now the debt is much, much, much higher everywhere in the world. A lot of people have discussed austerity but nobody has lower debt this year than last year, much less than in 2008 and the debts are going higher every ay, every week, every month. So this is going to end disastrously.

Tuesday, January 3, 2017

Currency Market: U.S. Dollar Strength Will Continue

This is going to go on for a while. The U.S. Dollar will get overpriced and may even turn into a bubble before the rally is over. (EUR USD forex cross, USDJPY forex cross, SPDR Gold Trust ETF (GLD))

Monday, January 2, 2017

Stock Market: Where To Focus Next

Right now the main factor is Mr. Trump and his talk about a lot of good news, which we all want to hear. But again, now we are going to start focusing on interest rates and what is happening on the real economy. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Barclays 20+ Yr Treas.Bond ETF (TLT))

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