Monday, July 16, 2018

Emerging Markets: Colombia

Q: How much time and effort are you putting into your research? Because you mentioned yesterday Colombia, you mentioned Russia, you mentioned North Korea.

A: Well, you should know about these countries because Colombia had a 50-year civil war that's come to an end and I have learned over the years that when a war comes to an end or a civil war there are usually astonishing opportunities.

Peter Schiff: Interest Rates, Federal Reserve

Tuesday, July 10, 2018

A Serious Bear Market

"Ultimately we are going to have a very serious bear market and economic dislocations… it is going to be the worst in my lifetime." - in Money Week

North Korea: They Know How To Be Entrepreneurs

"The last time I visited the North, I went to market and there were hundreds of stalls, selling everything you can imagine. So they know how to be entrepreneurs." - in The Korea Times

Tuesday, June 26, 2018

Emerging Markets: Russia, Korea

Emerging Markets: Russia

Russia is hated, the markets are down. Russia have very little debt, huge natural resources and they're opening up more and more. So, I would suspect in a few years we'll look back and say, "Oh remember when Russia was so cheap? Why didn't we buy it?"

Emerging Markets: North Korea

It is still illegal (to invest in North Korea). I would rather be poor and out of jail than rich and in jail. As soon as it is legal I will start making progress. Well, I will probably have to invest in South Korean stocks first. I own Korean Airlines because for instance, there will be a lot more travel when it becomes legal and open. At the moment there is no stock market in North Korea. They need everything. They need electricity, they need soap, they need table cloths. If you have any kind of expertise you can make a fortune in North Korea. They are where China was in 1981.

Gold: The Last Safe Haven Standing 
Most Banks Would Fail A Stagflation Stress Test

Monday, June 25, 2018

The Launch Of The Rogers AI Global Macro ETF (BIKR)

About the launch of The Rogers AI Global Macro ETF (BIKR):

"Today Jim Rogers’-led Ocean Capital Advisors, in partnership with ETF Managers Group, rolled out an ETF that invests primarily in other ETFs using a methodology driven by artificial intelligence. The Rogers AI Global Macro ETF (BIKR) mainly holds a portfolio of single-country ETFs, though it can incorporate a short-term Treasury ETF when needed.

The fund comes with a total expense ratio of 1.18%, which includes 43 basis points in acquired fund fees, and lists on the NYSE Arca.

The fund’s underlying index targets single-country ETFs with the broadest exposure available. Its portfolio is determined by an AI-driven algorithm that incorporates macroeconomic data in order to project market movements over an 18-month period, although the algorithm also seeks to identify shorter-term micro-cycles, which can affect the fund’s allocations. The algorithm looks at the data on a monthly basis, according to the prospectus."

Gold: The Last Safe Haven Standing 
Most Banks Would Fail A Stagflation Stress Test

Crude Oil Outlook

Jim Rogers To BTVI:

  • Expect crude prices to trade lower in the short-term 
  • Oil prices may climb up again towards the end of the year 
  • Oil is produced in countries which are not politically stable

Wednesday, June 20, 2018

Investing: Russia Is Cheap

Russia is hated, the markets are down. Russia have very little debt, huge natural resources and they're opening up more and more. So, I would suspect in a few years we'll look back and say, "Oh remember when Russia was so cheap? Why didn't we buy it?"