I don't know if you remember but Benjamin Franklin said during the American Revolution that people who give up liberty for more security usually wind up with less liberty and less security. It happens with us as well.
Friday, July 21, 2017
Some of the things I'm doing:
- I'm investing in agriculture
- I've got some precious metals I'm not buying them now because I expect more problems in precious metals first
- I own a lot of US dollars because people when their problems they look for a safe haven and the US dollars still considered a safe haven by many people.
Tuesday, July 18, 2017
Through out history people reversed to gold and silver when things go wrong and they will again. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))
Everybody should have some money out of their own country as an insurance policy if nothing else, and also own some precious metals as an insurance policy too. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))
We may even have exchange controls in the United States the next time the US Dollar starts going down dramatically. I am sure they will impose exchange controls in the US.
Monday, July 17, 2017
The central banks have already told us that interest rates are going to go higher. America has already raised interest rates a few times. So far there has been no collpase in the markets but that is because interest rates are not high enough to hurt people, yet. Interest rates are going from zero or from negative in some cases to up a little bit but not enough to hurt yet but when they get higher it is going to hurt. Then everybody is going to suffer.
Wednesday, July 12, 2017
I cannot imagine Mr. Trump is going to start a war with North Korea but who knows. He bombed Syria for no reason, he bombed Afghanistan for no reason so who knows what he might do if he gets angry one morning and if he does it, it's going to be very very bad for all of us. (iShares MSCI South Korea Index Fund ETF (EWY), iShares MSCI Emerging Markets Index ETF (EEM))
Wednesday, July 5, 2017
I want to emphasize that in the short term GST is going to cost a lot of money and a lot of time for a lot of people because it's such a huge change but in the long term it's one of the best things that's happened in India in a long, long time. I'm delighted, I'm surprised but it's good for India and therefore good for the world. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI))
Well, not much has been done except GST which is a huge thing. I hope that they will privatize Air India I'm not sure why that's a big thing for Indians. It will be better for India, it would be better for Air India if they have to be efficient and competitive instead of being a protected industry and not offering very good service to Indians and foreigners.
GST is a miracle! l I am very surprised it went through and it's going to change India completely. It will make it in the long run, it will make it cheaper and more efficient for most businesses. I'm very very surprised! (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)
Monday, July 3, 2017
I would rather invest in Russia if you consider that Europe, it is an European country. Russia is probably one the better places to invest now. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))
- Benjamin Franklin: Liberty and Securuty
- Investing: Some of the Things I'm Doing
- When Things Go Wrong People Reverse To Gold And Si...
- People Should Have Some Money Outside Their Own Co...
- Exchange Controls In The US
- Higher Interest Rates Will Cause A Market Collapse...
- Trump Will Not Start A War With North Korea
- GST Is Good For India
- Air India Should Be Privatized
- Emerging Markets: GST Is Going To Change India Com...
- Q: Would You Invest Right Now In Europe Or In The ...
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