I have some Swiss Francs (CHF) sort of by accident, and I worry about them all the time.
It's not enough for me to spend too much time worrying about but I realize the Swiss Franc (CHF), when it caves, when the bear market comes, is going to be
a horrendous investment, just like the ETFs. Because there are all these people who buy
them.
Same with the Swiss Franc (CHF).
What could go wrong?
Like Japan, what could go wrong?
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Showing posts with label Currencies. Show all posts
Showing posts with label Currencies. Show all posts
Friday, October 18, 2019
Wednesday, October 9, 2019
The U.S. Dollar Is Not A Safe Haven
People would think the U.S. dollar is a safe haven, it’s not. The fundamentals are horrible. Nobody in his right mind would buy the U.S. dollar, but I own a lot because I’m not in my right mind. I’m assuming that the rest of the world is not in its mind either and they’re all going to buy it.
Thursday, September 12, 2019
Forex: The Hong Kong Dollar (HKD) Will Disappear
“I expect the Hong Kong dollar to break free of the US dollar once the renminbi [Chinese yuan] is convertible. The Hong Kong dollar will disappear… but that will not happen until the renminbi is completely convertible." - in RT.com (read the complete article here: Hong Kong’s days as global financial hub may be numbered – Jim Rogers)
Wednesday, April 11, 2018
Currencies: I Don't Want To Own The Euro Currency
You're gonna see a lot of strange
gyrations but I own the Renminbi. I don't want to own
the Euro currency I don't want
the British Pound I don't even want to own the Swiss
Franc. You know most currencies are very
seriously flawed compared to the
Renminbi which also has flaws but in the
meantime I own it now.
Tuesday, April 3, 2018
US Dollar: China & Russia Are Working On A Competing Currency
China and other
countries are little tired of being bossed
around because of the US dollar so they're
looking to develop competing currencies. Russia, China and other countries as well.
So
it is a process, this usually takes a
while. It took many years for the US Dollar
to replace the British Pound. But it is
now underway, it won't happen this year, it won't happen next year but it's the
beginning of another blow for the US
dollar.
Tuesday, March 13, 2018
Investing: Looking For A Safe Haven
If I were looking for a single safe-haven in 2018, 2019 I would say the U.S. Dollar and if I'm right it is going to get overpriced and it can turn into a bubble if the turmoil really gets bad. If that happens I hope I'm smart enough to sell.
Friday, January 12, 2018
The Bullish Case For The US Dollar
In the past when America has given tax incentives to bring US Dollars home it has made the US Dollar go higher, certainly for a while. These tax laws have just changed and there are now incentives to bring US Dollars home. I suspect they people will bring the US Dollars home and I suspect the US Dollar will go higher especially as interest rates go higher.
Monday, January 8, 2018
Currencies: I'll Probably Buy More US Dollars
I own a lot of US Dollars. What happened last year in my view is a normal correction. You know, the US Dollar was extremely strong a while before that, made new highs, multi-year highs, so it's having a normal correction. I own the US Dollar and I will probably buy more.
Monday, November 6, 2017
Currencies: I Expect The UD Dollar To Move Higher
I have a lot of US dollars because when the turmoil gets worse many people look for a safe haven. Investors think the US dollar is a safe haven. It's not, America is the largest debtor nation in the history of the world and the debts are going higher but everybody thinks it's a safe haven so the US dollar will go higher and it might even turn into a bubble. I hope at that point I'm smart enough to sell it and put my money somewhere else. It might be gold, who knows where it will be but at the moment I own a lot of US dollars.
Monday, September 18, 2017
The US Dollar Will Lose The Currency Reserve Status
When the US Dollar replaced the British Pound (GBP) as the world`s reserve currency, there was no one really going around trying to do it quickly. Now you have several major economic forces: Russia, China, Iran and a few others that want this to happen. So, it will happen faster, this time.
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.
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.
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.
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, December 16, 2016
When Will the Dollar Start Looking Like a Bubble
One hundred and ten in the Dollar Index certainly does not sound like a bubble to me. I will just have to judge the circumstances at the time. You will be able to read the newspapers and everybody will be talking about how the Dollar is going to go up forever, you will see on TV that the Dollar is the new promised land.
People will be pouring into dollars...I try to judge those things by the mood. Bubbles throughout history everywhere in the world, no matter the asset, always look and sound the same. I hope I am smart enough to recognize it.
People will be pouring into dollars...I try to judge those things by the mood. Bubbles throughout history everywhere in the world, no matter the asset, always look and sound the same. I hope I am smart enough to recognize it.
Wednesday, October 19, 2016
Forex: Who Will Benefit From The GBP Weakness
Some people will benefit from the British Pound (GBP) weakness, if Sterling goes to 1 dollar or under it, certainly helps some people. Tourism will boom, some people will do very, very well in an environment like that.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Monday, September 19, 2016
Currencies: Bullish On The Russian Ruble (RUB)
The Russian Ruble (RUB) has hit bottom as far as I am concerned and crude oil is making a complicated bottom. I would rather buy the Russian Ruble (RUB) than just about any currency right now.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Friday, April 29, 2016
Currencies: Fundamentals Are More Important Than Interest rates
Interest rate hikes often have been beneficial at least in the short term but the fundamentals in the end win out. Sometimes you have to raise interest rates 5 or 10 times for it to make any kind of significant difference.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Tuesday, March 8, 2016
Markets: People Will Flee To Safe Havens
There is going to be so much turmoil in the world in the next couple of years, people will flee to what they think it is a safe haven, which happens when there is turmoil. They are not going to buy the Japanese Yen, they are not going to buy the British Pound, they are not going to buy the Russian Ruble. They are going to flee to the U.S. Dollar in this panic.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, August 5, 2015
People Will Keep Moving Away From The U.S. Dollar
The U.S. Dollar will slowly lose the reserve currency status it currently enjoys.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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