The Reason Why I'm Investing in Russia

In my experience I have learned that if you find something that's hated, that has a lot of value and things are getting better you probably will do fine and that's why I'm investing in Russia. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Investing: Agriculture Will Do Well In The Next Bear Market

I'm very optimistic about Agriculture's been a disaster for 35 years and it's changing in my view. It's changing so if you're worried about the world and that we are going to have a serious bear market you should think about agriculture because agriculture will probably do well, that is a place that will probably decouple in the next bear market.

Commodities: Coal, Steel and Agriculture

I'm a director of a coal company so we obviously should worry about Chinese coal. I do own commodities yes, but Steel is not high on my list because it's there's no real active futures market but some commodities I'm very optimistic about. Agriculture's been a disaster for 35 years it's changing in my view. 

A Hot Sector In China

If you're cleaning up pollution in China you don't care if the West disappears as you're too busy going to work every day and you're making too much money but the companies that have debt and deal with the West are gonna have problems the next time around.

Buying Opportunities In Japan, China and Taiwan

I bought stocks this week in China, Japan, Taiwan so I see opportunities on the long side in markets. That doesn't mean I'm right. A bear market may start today but I see opportunities. But if you're worried about that you need to know how to sell short. Great fortunes can be made in a bear market selling short.

The Worst Bear Market In A Lifetime

What I have said was that we will have a bear market again some day.  Now, Janet Yellen says we wwill not, she says everything is okay now and there won't be any more economic problems. I happen to disagree with her and I know we will have bear markets again.

What I said was the next one we have when it comes is going to be the worst in my lifetime, the reason for that being in 2008 we had a problem of too much debt,  the next time around the debt is so so so much higher, so the next time we have a bear market is gonna be the worst in my lifetime.

The Use Of Stop Losses

Some of the smartest people I know use stop losses, whatever number they use. I have never used stop losses but I frequently wish I had. In fact the more I read the more I think "maybe I should start using stop losses", I don't have anything to lose much by doing a stop loss and it might help me a lot.

Bitcoin: The World Has A Money Problem

We know the world has a money problem of various sorts. We know that everything has been changed by the computer  and will continue to be. So, yes the computer and the Internet are going to change money as we know it. If you go to China right now, people don't have money. It's astonishing the minute they buy a cup of coffee they put their phone on the thing and there's a cup of coffee paid for.

A Different Kind Of Diversification

Jim Rogers explains why you should have more than one passaport and more than one house to live in different countries. 

You're Going To See Bankruptcies In China

Even China has debt and you're going to see bankruptcies in China which is going to shock a lot of people including me and I know what's coming. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM))

The Worst Financial Crisis In Our Lifetimes

We're going to have the worst financial crisis in our lifetimes because of the debt. There is no question that the debts are now staggering. We've never seen the likes in the world and in Japan they have zero interest rates, negative real interest  rates so if interest rates ever go up to 2%, it totally destroys Japan.

Related trading instruments: iShares MSCI Japan ETF(EWJ), Nikkei 225 Index

Gigantic Trauma Is Coming In The Debt Markets

There is no question that gigantic trauma is coming in the debt markets and many debts are going to be wiped out whether it's by bankruptcy or military action or who knows what, there's no question about it.

Q: Are you buying or selling gold at the moment?

Neither at the moment. I own a lot of gold and silver. I haven't bought any serious gold in a few years.

I'm waiting for gold to go down more at which point I hope I'm smart enough to buy a lot more gold because before this is over gold is gonna go up a lot, it's gonna get very overpriced, it might even turn into a bubble. I hope it doesn't turn into a bubble because then I'll have to sell and I don't want to ever sell my gold, my children will have my gold someday. But no, I am a potential buyer, I have never sold any, I don't expect to sell any gold unless and until it becomes a bubble someday.

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

Sooner or Later Governments Are Going To Crack Down On Crypto Currencies

Governments could issue their own crypto currencies, they could control it that way because governments don't like any of this. They don't like gold for that reason, they want to be able to control everything.

Related trading instruments: Bitcoin, SPDR Gold Trust ETF (GLD)

Investing: My Thoughts On Japan

Japan has staggering debt as we all know, they have a declining population and the debt is going through the roof. Mr. Abe says he's going to do whatever it takes, he'll print as much money as it takes and he'll spend as much money as it takes. That cannot last. It never occurred to me that the next financial crisis might start in Japan but Japan is certainly certainly going to be a big  problem!

By the way I own Japanese shares and I'm buying more Japanese shares today just so you know but if I were a ten year old Japanese I would get myself an AK-47 or I would leave because in his lifetime or her lifetime that place is going to be a disaster.

Related trading instruments: Nikkei 225, Topix Index, iShares MSCI Japan ETF (EWJ)

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.

Q: Where To Invest (Iran, Nigeria or Kazakhstan)?

Iran, Nigeria or Kazakhstan... Well, my first reaction is Iran but it would be very, very difficult for me because I'm an American. So, I guess I would have to say Kazakhstan. (iShares MSCI Emerging Markets Index ETF (EEM))

Chinese Shares: My Plan

I haven't sold any Chinese shares and I have been investing there for decades. My plan is that my children someday are going to look back and say, "He must have been very smart, oh! God look at all these Chinese shares, we've got rich!" That's my plan but if things develop in certain ways I'll have to sell, I mean if for instance a bubble develops I have to sell. So, I may sell some of my Chinese shares between here and there. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM))

Fintech, Banks and Technology

My children will never walk into a bank branch when they become adults as by then all the banks along the streets will be replaced by computers and certainly mobile phones. (Citigroup (c), Wells Fargo (WFC), JP Morgan (JPM), Bank of America (BAC))

The Markets May Drop 40-50% In The Next Downturn

In America, I'm going to use America as an example since it's less sensitive, it's been over eight years since we had a big correction in the American stock market. It's well overdue. 

Historically we've had them every 4 to 8 years. When we have big market corrections in America they usually go around 40 or 50 percent. This one will go down 40 or 50 percent and it would be the worst in our lifetime because the debt is now so much higher than it was even in 2008. (SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), iShares MSCI Emerging Markets Index ETF (EEM))