Markets: Should You Buy India Right Now?

The market is very high as you know. It's not as though these things are a surprise, that's one reason I'm worried about markets in many parts of the world. 

The American stock markets are trading at an all-time high. Most of the markets in Europe are trading at all-time highs. I don't like buying when things are making all-time highs.

Stocks: I'm Not Buying Anything Right Now

I'm not buying anything right now me here I'm worried about what's happening in the world the world is overdue for a correction and maybe a big correction so at the moment I'm sitting and watching and waiting to see what happen.

Related trading instruments: iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares FTSE/Xinhua China 25 Index ETF (FXI), WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Singapore Index Fund ETF (EWS), iShares MSCI South Korea Index Fund ETF (EWY)

A New Asia-based Crude Oil Benchmark

Read Jim Rogers’ latest interview with RT.com here.

Jim discussed several topics including how China, Russia and Iran are planning to move away from the U.S. Dollar creating a new Asia-based crude oil benchmark to compete with Brent or West Texas Intermediate futures. 

Related trading instruments: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE)

India: The Reforms Undertaken By Modi

Well not much has been done except GST which is huge, which is a very, very big thing.

I hope that they will privatize Air India. I'm not sure why that's such a big thing for Indians. It would 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 a very good service to Indians and foreigners.

India: GST Will Make India More Efficient

GST is a miracle! I'm very surprised it went through and it's going to change India completely.

In the long run it will make India cheaper and more efficient for most businesses, it's great for India  and I'm very, very surprised.

Related trading instruments: WisdomTree India Earnings Fund ETF (EPI), Sensex

Investing: Unified Korea

Japan's against it because Japan knows they cannot compete with a unified Korea, America is against it because they they don't want to have to take their troops out of there. But for the world it's going to be very very exciting when it happens. (iShares MSCI South Korea Index Fund ETF (EWY))

Unified Korea Will Be An Exciting Country

I'm looking for ways to invest in the eventual unification of Korea. One of two things is going to happen.

There's going to be a war and that's the end of North Korea, the whole Korean country will be unified and will be a great investment or it's not going to be a war and there's going to be a peaceful unification eventually.

Either way a unified Korea is going to be the most exciting country in the world for a decade or two.

It's right on the Chinese border, 80 million people with cheap, disciplined, educated labor in the north plus lots of natural resources, fabulous infrastructure, capital, management ability in the south. It's going to be a very exciting country!

Related trading instruments: iShares MSCI South Korea Index Fund ETF (EWY)

I'm Very Bullish On Russia

I first went to Russia in 1966 as a student and I came away saying this will never work and came away bearish for the next 48 years. But now I'm very, very bullish on Russia.

Russia is certainly a hated market there's no question and whenever you find a hated and something there is changing for the better and I find changes have taken place and are taking place in Russia then I would suggest you to put some Russian Rubles in your pocket or you might try the Russian ETF that might be even better than the Russian Rubles but I own both. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Bitcoin: It Looks Like A Bubble

If I just told you about an asset that went from zero to two thousand in nine years and this chart all went straight up you would say to me whatever that is "it's a bubble it looks like a bubble". Maybe it's not a bubble yet but it looks like a bubble in formation if nothing else.

Video: Bitcoin & Cryptocurrencies

Jim Rogers discussing Bitcoin and other cryptocurrencies with MillionaireAsia Singapore.

Bullish on Fintech

"Fintech is obviously going to change everything." - Jim Rogers

Jim Rogers has recently invested in an Asian Fintech company named ITF (“Into the Future”) Corp: Jim Rogers-backed fintech bank ITF unveils Hong Kong headquarters, biz plan

I'm Not Buying Markets Making All-Time Highs

The American stock markets are at all-time highs, the Japanese market is 50 percent below its all-time high so I own Japan, I own China,  I own Russia, I own things that are depressed on the idea that if things do get better these markets will catch up and if they don't get better at least I'm not going to get destroyed in some of these markets making all-time highs. (Nikkei 225, Topix Index, Shanghai Composite, S&P 500 Index, Nasdaq 100 Index)

How I Invested In A Graphene Start-Up

Graphene, according to scientists, is going to be as important to the world as scientists. I did not say that, but scientists say it. It is thinner than paper and stronger than steel and they can even use it to purify salt water. I have been bullish on graphene for a long time, and all of a sudden an entrepreneur in this space shows up, he has been in this business for a while, and therefore I put in some small amount of money.

Jim Rogers: Facebook (FB), Apple (AAPLE), Netflix (NFLX), Google (GOOG) Will Eventually Crack

In a recent interview, Jim Rogers drew a parallel between the FANG stocks (Facebook (FB), Apple (AAPL), Netflix (NFLX) and Google (GGOG)) and the Nifty 50, a group of stocks that kept rallying in the seventies when the general bull market in stocks was about to end. The Nifty 50 included stocks like Coca-Cola (KO), General Electric (GE) and International Bussiness Machines (IBM).

Jim Rogers noted that these high momentum, big cap Nasdaq stocks are currently holding the indexes but that they will eventually crack: 

“Everything else stopped going up but those Nifty 50, which would be something like the FANGs today, or maybe in the late ‘90s [during the dot com bubble], some of the other kinds of stocks. So this has happened before in market history. They eventually crack, there’s no question.”

Jim Rogers: My Thoughs On Bitcoin

I'm not sure you should ask me because I have never bought one Bitcoin. If I were smart, I would have bought them nine years ago, seven years ago, five years ago or even five months ago. So I don't know. If I just showed you charts of what's going on and described without telling you which country or which time periods, you would say "Oh, that looks like a bubble, sounds like a bubble." It does! But don't ask me because I missed the whole thing.

Cryptocurrencies Have All The Chracteristics Of An Asset Bubble

I have never owned any cryptocurrencies and I say that with great embarrassment, I wish I had, obviously. But now there are two thousand of them up from nothing a few years ago. This is what bubbles feel like.

Jim Rogers: Bitcoin and Cryptocurrencies

In this podcast Jim Rogers discusses bitcoin and cryptocurrencies.

Gold: Not Buying Yet

If and when gold goes down a lot I plan to buy a whole lot more. People just expect too much from gold, everybody's still bullish, there's still a lot of mystics, you know. Everybody still loves gold including me but I'm not buying, not yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Jim Rogers: How Will The Tax Plan Affect The Stock Market

Jim Rogers discusses on Fox Business how the Trump tax plan will affect the stock market if at all.

Bitcoin: I'm Certainly Not Buying Now

I don't own any crypto currencies,  I never have owned any crypto currencies and I say that with great embarrassment. I wish I had obviously but now there are two thousand of them from a few years ago. I mean this is what bubbles feel like, look like  and sound like as you well know. 

So is it a bubble? I don't know  but it looks like it, it feels like. You look at the charts of Bitcoin and the others, I mean they could look like any other bubble, they all look the same, all bubbles throughout history have looked and felt the same. I'm certainly not buying any now.

Investing: Gold, Sugar and Russia

I'm not buying gold (SPDR Gold Trust ETF (GLD)) Sugar would be a better buy here then gold (SPDR Gold Trust ETF (GLD),), agriculture would be a better buy and Russia (Market Vector Russia ETF Trust (RSX)) would be a better buy.

Related: PowerShares DB Agriculture Fund (DBA)

Cyber Currencies: This Is What Bubbles Feel Like

I have never owned any cybercurrencies and I say that with great embarrassment, I wish I had, obviously. But now there are two thousand of them up from nothing a few years ago. This is what bubbles feel like.

Podcast: Jim Rogers (Real Vision)

Real Vision Podcast: Adventures in Finance Episode 34 - Jim Rogers: The Investment Biker Rides Again

The 1987 Stock Market Crash

The collapse in 1987 happened on my birthday and I was short the market so it was probably the best birthday party I have ever had.

People Starting To Invest In Russia Again

We have seen some people starting to invest in Russia again. This is just the continuation of the same process. It is happening, more will happen, but it will not be so fast. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Q: What do you think about Bitcoin?

I'm not sure you should ask me because I have never bought one Bitcoin. If I were smart, I would have bought them nine years ago, seven years ago, five years ago or even five months ago. So I don't know. If I just showed you charts of what's going on and described without telling you which country or which time periods, you would say "Oh, that looks like a bubble, sounds like a bubble." It does! But don't ask me because I missed the whole thing.

The Reason Why There Won`t Be A War In Korea

The Chinese have told Donald Trump that if he starts a war they'll have to defend North Korea but they told North Korea that if you start a war we will not defend you. So there's nobody who's gonna go to war. (iShares MSCI South Korea Index Fund ETF (EWY))

When To Buy Gold Again

Jim Rogers said in a recent interview that he is taking a contrarian view on Gold. Gold has not had enough corrections yet and for that reason there are still many gold perma bulls. Jim' s argument is that when everybody is throwing gold away at fire sale prices, then it might be a good time to consider buying it again:

"For me, gold has not had enough corrections yet. There are still too many gold bugs." 

"When people say, 'I never want to invest in gold again,' that is when I want to invest in it...When everybody is throwing it out the window, that is usually a good time to buy anything, including gold. So far, there are too many people that love gold."

Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)