Tuesday, May 16, 2017

Gold Is Trying To Find A Bottom

Corrections and rallies are very common in all markets, does not matter what the market. What we are seeing is the process of gold trying to find its bottom. In my view it is not here yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Wednesday, May 10, 2017

India: Not One Of My Favorite Stock Markets

India is not one of my favorite stock markets (one of the reasons being) it is at an all-time high. I do not like to buy stocks when markets are at an all-time high as I do not want to get on a moving train because when you do that you will get hurt. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI))

Markets: There Is Nothing Really Cheap In India

I do not really know about the valuations in the Indian stock market at the present time but I do not know of anything that is really cheap in India. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)

Tuesday, May 9, 2017

The Party In Stocks Will End Soon

The Indian stock market is not the only one going through the roof, look at European stocks and the US indexes. I think the party in stocks will end soon, but I am very, very bad at timing it. (SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)

Monday, May 8, 2017

The Future of Money: Bitcoin, Digital Currencies

Will it be Bitcoin? I don't know. But it's going to be electronic money and over the computer. One of the reasons is because politicians do want to get rid of cash. They don't like us all having cash because if it's cash they don't know what we're doing with it. Maybe your are going to see your girlfriend or maybe we're drinking whiskey or buying marijuana or something they want to know. 

They want to control it so if all our money is electronic the politicians can completely control us and so therefore their favor of getting rid of cash. So it's going to happen. I'm not in favor of it by the way, you know, I want to go have a drink with you, give it to my girlfriend or something else but they don't like that.

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