Tuesday, January 16, 2018

Bitcoin: The Risks of a Government Crackdown

Internet is gonna change everything we know. How it's going to evolve, I don't know. I do know that governments do not like to lose control, governments want to control everything.

The crypto people say,  "yes but we're smarter than the government" and they are, everybody's smarter than the government but the government has more guns than everybody else. So if the government wants to control money they will.

Cryptocurrencies: Bitcoin, Internet & Money

Jim Rogers shares his views on money, cryptocurrencies and Bitcoin.

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.

Friday, January 5, 2018

Bitcoin: Is This A Bubble?

Jim Rogers recently answered the million dollar question, are crypto currencies in a bubble? 

"There have been plenty of bubbles I have seen in my life but this one is a little strange, because at least when the dot-com bubble was around, those were companies that said they had a business. Even with the tulips (reached extraordinarily high levels and then dramatically collapsed in February 1637), supposedly they had a purpose and a use, I have never seen something quite like this."