Investing: Learn To Be A Little More Attentive

If people learn to be a little more attentive to what they see they might wind up making investments and they might be successful.

Personal Finance: One of The Best Things I Can Tell You

One of the best things I can tell you is do not have a lot of debt and try to stay away from people that have a lot of debt.

Podcast: Inside The Markets with Jim Rogers

Inside The Markets, podcast with Jim Rogers (20 min)

Topics: 

- the recent U.S. stock market volatility;
- the U.S. stock market has probably made a complicated top;
- the effect of rising interest rates on real estate, stocks;
- the debt situation is out of control;

Related trading instruments: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Futures;

Video: The Big Story - Venezuela

Real Vision documentary on Venezuela.

Mr. Rogers recently commented on Venezuela's current and future prospects and you can read that article here: Venezuela: Exciting Things Are Happening

Gold: Where To Buy

If and when gold goes under $1,000 an ounce my plan is to buy a lot of gold. I haven't bought any serious gold since 2010.

Related trading instruments: 

• SPDR Gold Trust ETF (GLD) 
• Market Vectors Gold Miners ETF (GDX) 

Commodities Will Outperform Stocks Going Forward

Jim Rogers explained to Commodity Trade Mantra the reasons why he thinks commodities will likely perform better than stocks in the future. You can read the article here: Commodities Are Going To Do Better Than Stocks – Write It Down Says Jim Rogers

Related trading instruments: 

• PowerShares DB Agriculture Fund (DBA)
• United States Oil Fund LP ETF (USO)
• Nymex Copper Futures
• Nymex Crude Oil futures

Ananti Appoints Jim Rogers As A Non-Executive Director

Ananti, a Korean resort developer, announced that the company has appointed Jim Rogers as a non-executive director. You can read the full story on The Korea Herald here: Ananti shares soar on Jim Rogers’ appointment

Rogers Draws Parallels With 1930s Collapse of World Economy

In this recent interview with Nikkei Asian Review, Jim Rogers draws a parallel between the current trade war situation and the collapse of the world economy in the 1930s. Read the interview here: US and China risk full-fledged trade war as Trump sees he can win

Markets: I Own Russian Shares, Bonds

“China’s down 60 percent from its all-time high. Japan’s down 50 percent... Russia is hated – I own Russian shares; I own Russian bonds; I own the currency.” - Jim Rogers, in Money Week

Related trading instruments:

• Market Vector Russia ETF Trust (RSX)

Commodities Will Do Better Than Stocks

“It is the time to buy commodities again. I would say to you, write it down – commodities are going to do better than stocks.” - Jim Rogers (in Money Week)

Related trading instruments: 

• SPDR S&P 500 ETF Trust (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• United States Oil Fund LP ETF (USO)
• PowerShares DB Agriculture Fund (DBA)

Markets: Trade War, Pollution Control and Marijuana Stocks

Read Jim Rogers most recent interview on Nikkei Asian Review here: US and China risk full-fledged trade war as Trump sees he can win

Topics: 

- Trade war
- China/ US tensions
- Investment themes: pollution control and marijuana stocks

 "Trump, in his brain, thinks he can win a trade war and that a trade war is good for him." 
- Jim Rogers, Nikkei Asian Review (December 2018)

A Trade War May Lead To A Real War

Historically trade wars have always been a disaster. Nobody's ever won a trade war, history is very clear about the effects of trade wars.

Now, I don't know if President Trump knows history or cares. He thinks he's smarter than history, maybe he is, I don't know. But nobody's ever been smarter than trade wars and trade wars frequently or often have led to real wars.

Crude Oil: Making A Complicated Bottom

Oil reserves peaked sometime ago except for fracking. Fracking came along turned into a bubble that bubble has popped now but that caused a glut of oil for a while.

Crude oil is in the process of making a complicated bottom. We'll look back in a few years and say in 2015-2019 crude oil made its bottom. It will go higher because reserves are declining everywhere in the world except fracking but that bubble the fracking bubble broke.

Commodities Will Outperform Stocks

In this article, Mr. Rogers explains why commodities will likely outperform stocks going forward: Commodities Are Going To Do Better Than Stocks – Write It Down Says Jim Rogers

“Sugar, believe it or not, is down something like 80% from its all-time high. [T]here’s not much in the world, in life, that’s down 80% over the past 40 years.” 

Jim Rogers on Money Week

Read the latest article about Jim Rogers on Money Week here: Jim Rogers: what to buy now (Moneyweek.com)

Mr. Rogers latest insights include comments about emerging markets like Zimbabwe and about the current state of financial markets worldwide. 

Venezuela: Exciting Things Are Happening

Exciting things are happening in Venezuela right now. They're always places in the world that are turning the corner. When you read the headlines you must learn to look beyond the headlines to see what's really happening. 

Venezuela is a horrible disaster. It's one of the worst disasters in the history of mankind, yes. But they know it too now. They're smart enough to know that they've made many mistakes and they're starting to change. They now have removed exchange controls. Unbelievable for a country like Venezuela! They're starting to try to figure out, "Oh my gosh what do we do next?" That's when you buy. You find a country that's at the bottom when changes are starting to take place. At times Venezuela has been one of the richest countries in the Western Hemisphere and it will be again.

Korea Will Be The Most Exciting Country In The World

Korea is probably going to be the most exciting country in the world once North Korea opens which will and very soon. I mean it's right on the Chinese border, 80 million people, natural resources, cheap disciplined labor... It has lots of things going for it.

Related tickers:

• iShares MSCI South Korea Index Fund ETF (EWY)

Agriculture Will Be A Good Place To Invest

Agriculture has been a disaster. In the past 30 odd years Agriculture has been a nightmare. 

The average age of farmers in America is now 58. Nobody wants to be a farm. More people in America study public relations then study agriculture because it's been a horrendous place to be. The highest rate of suicide in the UK is in agriculture.

It's been a nightmare so it's going to change. We've had long periods in history when the agriculture, the producers of real Goods have been an on top followed by long periods when the financial types have been on top but it always changes and is changing again.

Bear Markets: What Gets Hurt The Most

Every time there's been a big bear market the places where everybody has invested those are the ones that get hurt the most.

Emerging Markets: Zimbabwe

I'm buying Zimbabwe. You know, Zimbabwe was ruined for 40 years by a crazy dictator. There's a new guy, he may be worse, he may be better but he's certainly different. So, you should think about Zimbabwe if you're looking for something to buy.

Crude Oil Prices: Don't Pay Attention To OPEC

Jim Rogers explains why he does not listen to what OPEC says or doesn't say about crude oil when he makes his investment decisions.

When There's A Huge Short Position In Anything It Goes Up

Historically when there's a huge short position in anything it goes up. I was making the point that while I wasn't buying gold and silver there is a huge short position so you're probably going to have a nice rally. That nice rally has proceeded to occur. I'm still not buying but I'm not selling. I'm waiting for a nice collapse in both.

Commodities Will Do Better Than Stocks

"It is the time to buy commodities again. I would say to you, you write it down that commodities are going to do better than stocks in the future." 

- Jim Rogers, interviewed by Sprott Media's Remy Blaire at the NASDAQ MarketSite
(November 20th, 2018)

Emerging Markets In Africa: Ghana & Zimbabwe

If you can't find Zimbabwe in a map, if you don't know what Ghana is please do not invest in either of those countries.

Only invest in what you, yourself know a lot about. I assure you, if you don't know that Ghana has a lot of cocoa and a lot of gold please don't pay attention. 

If you can't even spell Zimbabwe please don't invest there. It has enormous opportunities, huge mineral deposits, lots of agricultural and tourism in the future. But don't do it if you don't know what to do. They have a stock exchange, there are mutual funds there ways to invest but only invest if you know what you're doing.

The Biggest Risk Is Washington DC

Washington DC. That's where the the greatest risk are right now, the greatest uncertainty.

First of all, we have a central bank which has no clue what it's been doing and probably also not what it will do in the future. We certainly have an executive and legislative branch which had no clue about what they're doing.

When things go wrong they're gonna make more mistakes. Be careful. Watch out for Washington DC, watch out for everything but especially Washington DC.

Investing: China, Japan and Russia

China is down 60 percent from its all-time high, Japan is down 50 percent from its all-time high. I'm not buying Japan and I don't own Japan at the moment but these are places that are down and down a lot and these are the places that you should be looking. Russia is hated... I own Russian shares and Russian bonds.

Commodities: Sugar Is 80% From Its All-Time High

Sugar believe it or not is down something like 80 percent from its all-time high. There's not much in the world that's down 80 percent over the past 40 years but sugar is.

Gold: There Will Be A Great Opportunity To Buy

If goes under 1,000 dollars per ounce, my plan is to buy a lot of gold. I haven't bought any serious gold since 2010. I own gold, haven't sold any gold. Don't think I have sold any but I still expect another opportunity to buy gold. If it happens, I hope I'm smart enough to buy a lot of gold, a lot more gold I should say.

Video: Markets, Gold & Commodities

Jim Rogers talks with Remy Blaire at the Nasdaq Marketsite about the markets (November 20, 2018)

Other interesting articles:

Ray Dalio: Current Market Cycle, Trade War
Smart Money Is Buying Precious Metals

Weekend's Reading

Here's a selection of some interesting reading for the weekend:

My Thoughts on Artificial Intelligence (AI) (Ray Dalio)
What Work Is (Ray Dalio)
Investing and Baseball: A Great Analogy (Warren Buffett)
Nassim Taleb: Skin In The Game 
In The Short Run Gold & Silver Are Going Way Up

One More Rally Before The Big Bear Market

Jim Rogers giving more than investment advice at the 100 Women in Finance lunch today in Singapore.

Hot tip: teach your kids Mandarin.

His general view is that there is one more rally before the big bear market.

(100WF is a global network of professionals in the finance & alternative investment industries working together to empower women at every stage of their careers)

Investing and Baseball: A Great Analogy

A very interesting analogy between baseball and investing from the legendary investor, Warren Buffett.

Markets: Central Banks, Interest Rates & Trade War

Some of the highlights from the blog over the last few weeks:

Markets: The Central Bank Will Do Something 
Interest Rates Are Going Much Higher
Younger Investors Tend To Do Great In Bull Markets 
Trade War: Trump Thinks He Is Smarter Than History 

Bull Markets End In Hysteria, Bear Markets End In Panic

"Every bull market ends in hysteria, every bear market ends in panic."
- Jim Rogers


Interesting reading:

Goldman Sachs (GS) In Bear Market Territory. Other Financials Will Follow 
Apple (AAPL) Stock Is In Bear Market Territory

Nasim Taleb: Skin In The Game

Nassim Taleb gave a fantastic presentation about his latest book, "Skin in a Game" at Google Talks on November 2018.

Charlie Munger Reveals The Secrets To Getting Rich

If you aren't willing to react with equanimity to a market price decline of 50% 2 or 3 times a century you are not fit to be a common shareholder and you deserve the mediocre result you are going to get.

Do you have the temperament to be philosophical about market fluctuations?

Socialism For The Rich

"If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich."
- Jim Rogers

Younger Investors Tend To Do Great In Bull Markets

When things are going right,  in a great bull market, especially in a bubble there is nothing better than a 26 year old investor. They are fearless and they will tell you why it will never end. But, when they end you do not want that 26 year old around.

Howard Marks: Mastering The Market Cycle

A very interesting interview with Howard Marks (Oaktree Capital co-founder) shares his insights on the forces shaping the market cycle.

Chinese Stocks, Online Brokerage IPO & 6 Investing Insights

Jim Rogers was mentioned in the press several occasions this week. Here's a snapshot of the most interesting articles:

Jim Rogers Exits US Markets, Buys Chinese Stocks (in Yicai Global)

Jim Rogers-Backed China Online Brokerage Is Said to Plan IPO (in Bloomberg) 

6 investing insights from Jim Rogers (in Morningstar India)

Have great trading day!

Nassim Taleb: World Is More Fragile Today Than in 2007

Nasim Taleb considers the world to be more fragile today than in 2007. Where is the vulnerability? Nassim answers.

General Electric (GE) Is Less Valuable When It Can't Pay A Dividend 
This Rally Is A Correction In A Bear Market 
The Biggest Decline In A Month For The Nasdaq Since 2008

Tiger Brokers Is Planning a U.S. IPO

Tiger Brokers, the Chinese online brokerage is planning a U.S. initial public offering that could raise about $200 million according to Bloomberg News:

Latest Jim Rogers-Backed China Online Brokerage Is Said to Plan IPO

Trade War: Trump Thinks He Is Smarter Than History

"He (President Trump) thinks he he himself is smarter than history and who cares about history history is bunk and I can beat history I know he cannot you I guess you know we cannot history shows he cannot but he thinks he can and that's the dangerous kind of people."

Markets: The Central Bank Will Do Something

The central bank is gonna do something, cut interest rates, buy assets, who knows what they will do and the market will have a rally. The market will rally because people will say "Ah, they've come in they're saving us again". But after that, that's when the real horrible part of the bear market is going to come. So, be worried!

Nasdaq: Worst Monthly Decline Since The Financial Crisis
Stock Market: The Downtrend Is Intact

Gold Will Dip Below 1,000

That's my view but I've made a lot of mistakes in my life. So, don't rely on me for your market timing, I'm the worst short-term trader in the world. But I expect gold to go under 1,000 dollars/ounce and if it does, I hope I'm smart enough to buy a lot more. If it doesn't, I've got plenty of gold already.

The Appeal Of Socialism

Not many people in the world want to be socialist anymore because socialism has failed, communism has failed. Certainly nobody wants to be a communist and if they want to be a socialist, they want to be a rich socialist.

There are people, it's often inexperienced younger people who don't know the history of socialism and how it has never worked -  it's a good story communism, the problem is it's the story that doesn't work. No communist nation or a communist country has ever succeeded. They always fail but it's hard to explain that to somebody who's 23 years old and who's never seen much of the world.

Other interesting articles and market updates:

Stock Market: The Downtrend Is Intact
The Box That The Federal Reserve Has Placed Itself In

Everybody Should Have Some Gold In Their Portfolio

I own gold at the moment and I have for many years. I have not bought serious gold in a long time and I'm not buying it now. But if and when it goes down, I expect if it goes under one 1,000 USD per ounce, I hope I'm smart enough to buy a lot more gold.

Everybody should have some gold in their portfolio as an insurance company of nothing else.

Stock Market: It's Not Going To End Well

Many of the stock markets in the world are not doing nearly as well as U.S. stocks because they don't have this gigantic fiscal boost that we have from Washington. It's not going to end well, you know, someday we're gonna have to pay the price for it.

Investing: Recognize Change And React Accordingly

"Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit." 
— Jim Rogers, Chairman of Rogers Holdings and Beeland Interests, Inc.

Agriculture Is Going To Be The Big Thing

“Agriculture is going to be the big thing in the next 20 years.” 
— Jim Rogers, Chairman of Rogers Holdings and Beeland Interests, Inc.

Interest Rates Are Going Much Higher

Nearly everybody in the market only knows interest rates going down. That's going to change because interest rates are going to go much, much higher not just in the United States but all over the world.

This has never happened in recorded history, what we've seen. Interest rates in many countries became negative. This has never, ever happened before.

This May Be The Beginning Of A Big Bear Market

I know we're all very worried when the market goes down 6 or 7 percent but even 6 or 7 percent is meaningless in the big scheme of things. Now, having said that it may be the end, the end may be finally here. 

It's been 10 years since we had a serious bear market in the United States. That's the longest in in recorded history so we may be ready. This may be the beginning of a big bear market. 

The way bear markets work is they start where nobody's looking. In 2007, Iceland went bankrupt and nobody cared. Ireland went bankrupt and then Northern Rock went bankrupt and Bear Stearns went bankrupt and by then some people started to see that something's going on. By the time Lehman Brothers went bankrupt everybody knew it was in the front page of the papers and the evening news and we all knew a year and a half or so later that there was a serious bear market in the works. That's the way things work.

Now we have had things like that happening in the last year or so: Turkey, Venezuela, Argentina, Indonesia, Indian banks, Latvia... You know, the things that no he cares about or pays attention to and they're all very small but it may be the snowball gathering speed and this may be it.

Is The Fed Going ‘Loco’?

The truth is the Federal Reserve did go crazy a few years ago and drove interests rate down to zero which had never happened in history. Now, they are trying to get sanity back and raise them to the proper level.

Global Markets: Investment Opportunities

The Chinese market is down 60% from its all-time highs, the Japanese market is down 50% from its all-time highs. Russia is hated, Zimbabwe has just thrown out a absolutely absurd dictator who ruined the country for 40 years. There are great opportunities there. I've recently invested in a little bit not much in Ghana. Ghana was ruined but Ghana is changing dramatically. They have really smart, knowledgeable people running Ghana now.

The Beginning Of The End?

Read the latest commentary from Jim Rogers on the latest market sell-off and its implications going forward:

Beginning of the end? US equities sell-off wave affecting global economy - Jim Rogers

Stock Market: Updates from Peter Schiff

Read the latest stock market updates from Peter Schiff: Stocks: A True Bear Market and Markets: Stocks & Bonds

U.S. Stocks Are Weighting Too Much

U.S. stocks are so dominant among developed markets that their position has become “unsustainable,” according to Luca Paolini, Pictet Asset Management Ltd.’s chief strategist. 

Paolini made the argument Wednesday in a Twitter post that showed the country’s weight within the MSCI World Index, representing 23 countries. The U.S. share rose to a record 62.5 percent last month and closed just below that peak Wednesday, according to data compiled by Bloomberg. “Overblown” earnings estimates are among reasons why the percentage is poised to fall, he wrote.

Source: David Wilson, Bloomberg

Ray Dalio: The “War” with China Is Spreading

A fantastic diagram from Ray Dalio of where we currently stand:

"Because geopolitics is playing a greater role in driving economies and markets than any time in my over 50 years of investing, I am thinking a lot more about it." - Ray Dalio

Stock Market Update

Read the latest stock market updates from Peter Schiff: It's Not A Normal Bull Market Correction and My Feeling About The Stock Market Was Confirmed

Investing: Korea Is Going To Be The Most Exciting Country In The World

Korea is going to be the most exciting country in the world for 10 or 20 years once North Korea is open and they unite. It's going to be very exciting for many reasons.

You know as recently as 1970 North Korea was richer than South Korea. Communism ruins everything and so it ruined North Korea which means that North Korea is extremely cheap with lots of educated, disciplined and cheap labor plus lots of natural resources, standing right on the Chinese border. Combine that with lots of capital in the south, lots of know-how in the south. iIt's going to be very exciting. The Japanese are against it because Japan knows they cannot compete with an open Korea and they're doing.

Podcast: Jim Rogers On Follow The Money Radio

Latest podcast with Jerry Robinson (Follow the Money Radio)
October 2018

Topics discussed:

Jim Rogers views on the US Economy, the trade war with China and business in general.

There's No Such Thing As Winning A Trade War

There's no such thing as winning a trade war. Do you see what's happening with NAFTA right now? Mr. Trump is shouting from the rooftops that he's won but you look at the results it means that the price of cars are gonna go up a lot for American citizens. I'm not sure how that's good for America. Maybe it's good for a few automobile workers but it's not good for most Americans.

The Problems With The US Economy

Someone has to cut spending with a with an axe, not not with an axe with a chainsaw! Someone has to cut taxes, we have a gigantic litigation problem in the US... 

We spend two or three or four times as much on health care as any other nation in the world and yet we're not even in the top 25 for life expectancy. We spend huge amounts of money on education and yet we are even in the top 25 for education results... 

I mean I could go on and on and on. One of the reasons we have this huge balance of trade deficit is because the high cost of health care and litigation. It cuts our competitiveness a great deal.

Stock Market: Underneath There Are Problems Developing

Staggering amounts of debt are being created even more than in the past and who would have thought it possible that we could build up even more debt than before but we are. And it's going into markets but as you probably know not all stocks are going up.

In fact, a great number of stocks are going down and other countries in the world are not participating like we are in the US stock market. So, underneath there are more problems developing.

Peter Schiff: The Carnage on Wall Street Has Already Begun

October is just one week old and the carnage on Wall Street has already begun I wonder if the October complacency is starting to be shaken a bit with the down move that we see. The catalyst is rising interest rates which of course the markets have been ignoring.

Habits, Compound Interest & Self-Improvement

A great quote,

"Habits are the compound interest of self improvement." 

- James Clear, Author of Atomic Habits

Mark Minervini: How To Spot The End Of A Bear Market

"Once the masses accept every pullback as simply another buying opportunity and ignore the risk in stocks, the end of a bull market is near. This was the case during virtually every strong bull market in history."

- Mark Minervini, momentum stocks trader profiled in the Stock Market Wizards book (October 3rd, 2018)

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM)

Peter Schiff: How Crude Oil Can Make New All-TIme Highs

I believe that if we see a real bear market in the US Dollar in 2019-2020, by the time the 2020 election comes around oil prices could have taken out the high price that they hit back in 2008 which was around 140-150 dollars a barrel.

Peter Schiff: Weak Stocks Beneath The Surface

If you look at some of the sectors that continue to get beat up making new 52 week lows so even though the headlines are probably gonna be about the Dow Jones Industrials Average (DJIA) making another all-time record high, beneath the surface are a lot of stocks that are having a lot of problems.

Asia Is More Efficient

If you landed at JFK airport, you landed at a third world Airport and you enter into a third world taxi on a third world highway into a third world 5-star Hotel. You go to Singapore and you're out of the airport in 12 minutes. I didn't say out of the plane, you're out of the airport. Same thing now in the new Hong Kong Airport. For whatever reason they're efficient they're modern they work.

The US dollar Is Going To Get Overpriced

I own a lot of US dollars right now, a lot of US dollars! Because what happens  when the there's a crisis or turmoil people look for a safe haven. Yes, they think the US dollar is the safe haven so the US dollar is going to get overpriced it could even turn into a bubble depending on how bad the turmoil is at which point I'll sell my US Dollars and put it into something else.

The Gold Standard Has Never Worked

The gold standard has never worked it's worked for short periods of time but what happens is and you go back into history you see that the goals that God what reason it never works is because it's a great discipline you have to do you have to run a sound economy and politicians don't like sound discipline so what happens is they always change it.

Central Banks Will Ruin Us All

They actually think they're doing the right thing. In their off moments when they are not being recorded they will admit "Oh gosh, it's an experiment, we have no idea if this is good" but the reason is because they messed up so many places so many times they don't know what they're doing and in the end they're gonna ruin us all. They this is more or less their last experiment, their last gasp, because when this ends it's gonna be very very bad.

When The Bull Market Ends, It Will End Badly

US stocks are at a ten-year high and we had have no bear markets. That the longest bull market in the history of the world. Maybe it's gonna go for 20 years, I don't know. I'm not smart enough but I know when it ends it's going to end very badly.

U.S. Economy: Trade Wars, Lack Of Competitiveness

Trade wars have never worked for anybody, they've always led to problems for everybody so it doesn't matter if he's right if he's gonna ruin us all. Yes, maybe we have problems but the problems are not because the Asians are evil. We have a horrible education system, we have a horrible litigation system. We spend more on medicine than anybody in the world by several factors but our life expectancy is not even the top 25. We have more basic problems than a bunch of evil Asians.

Markets: Washington Is The Big Risk Right Now

Washington DC's the greatest risk. The central bank  (the Federal Reserve) has no clue what it's doing and the others are following it. The government has no clue what it's doing... Trade wars. Do you think trade wars are good for anybody? History shows they're not so. Washington is the big risk right now.

If You Want To Get Rich You Don't Diversify

If you want to get rich you don't diversify. You put all your eggs in one basket and then you watch the basket very carefully. You got to make sure it's the right basket or you will go bankrupt but that's how you get rich. Henry Ford never diversified, Bill Gates never diversified.

The US Dollar Is Going To Lose Its Position As The World’s Reserve Currency

In the next few years, the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.

Podcast: Emerging Markets & Geopolitics

Listen to the latest Jim Rogers podcast here:

EP36: JIM ROGERS – LEGENDARY INVESTOR SHARES HIS OPINIONS ON NORTH KOREA, CHINA, MANDARIN AND THE CURRENT STATE OF EDUCATION

Jim talked about the prospects of a new bear market in stocks, what North Korea will look like in 20 years and also what can we expect from China going forward. Another topics included the current state of asian education and some of Jim’s secrets to successful investing.

Commodities: "Get Yourself Some Sugar"

Jim Rogers was recently interviewed by Daily Wealth's Steve Sjuggerud and they talked commodities. You can read the interview here: Jim Rogers' Favorite Commodity Now

Technology Stocks Are Overpriced

The Chinese technology stocks skyrocketed. Now they're having a reaction. They should have a reaction. Even American technology have reactions. They've got very, very overpriced. I wouldn't buy them, I would never buy them but I certainly wouldn't buy them now even in the reactions.

Markets: The More Hated, The Better

The more hated the market, the better. NYSE stocks are making all-time highs. That does not excite me, making all-time lows is more exciting.

Russia: I've Found The Most Wonderful Investment

I was just in Russia speaking of beaten down places. I couldn't believe I found the most wonderful investment everybody hates. I'm not gonna tell you the name yet because I'm buying it but. There are things out there that are beaten down.

Stock Market: The US Is Doing Extremely Well

The US stock market is doing extremely well while most of the world is not doing very well for various reasons. Asia's doing better economically but in China they a got a lot of debt and it's coming home to roost right now. Japan has its own problems of debt coming home to roost right now. So the various problems in various places at the moment the US is the best market maybe not the best place to be but the best market.

Video: The US Stock Market Is Doing Better Than The Rest Of The World

Jim Rogers talks with CNN about the current divergence between the US stock market and most of the world's stock markets including China, Europe and Asia-Pacific.

Interesting reading:

Europe Wants The Euro To Become The World's Reserve Currency 
Currency Markets: ECB is Hawkish, The Fed Is A Dove

Market Update: Stock Markets, Gold, Interest Rates

Jim Rogers recent video interview with Financial Strategy.

Major Topics:

• favorite stock markets: Russia, China and Japan 
• do not invest in American stocks
• consider start shorting US tech stocks but be careful because we are in a bubble 
• long term interest rates will rise a great deal in the future
• stopped buying Gold in 2010
• Gold below 1,000 dollars/ounce will be a great buying opportunity
• never use the word "safe" when talking about investments
• Europe is falling apart

The US Dollar Will Lose Its Position As The World’s Reserve Currency

In a recent interview with RT.com, Jim Rogers expressed the view that the US dollar will sooner or later lose its position as the world’s reserve currency:

“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.” 

 Read the full interview here: https://www.rt.com/business/438162-us-dollar-crash-jim-rogers/

My First Big Mistake In The Markets

My first big mistake I made in the markets came from a triumph. I decided the stock market was going to collapse and so I bought puts with all my money. I tripled my money in five months and I thought this was easy, I thought "yeah, I'm really gonna be rich someday." 

So, I sold my puts on the day the market hit bottom, then the market rallied as I thought it would, I sold short and two months later I was wiped out. But the worst part is that every one of the companies I sold short went bankrupt within two years. but I lost everything first because I didn't know the market did strange things.

Other interesting articles to read:

Ford (F), General Motors (GM) Trading At 52-Week Lows 
Crude Oil: $80/Barrel By The End Of The Year

Governments Will Abolish Cash Transactions

In a recent interview with the Russian Times (RT.com) Jim Rogers about the dangers of governments abolishing cash and how many countries such as India and France have already started doing so:

Read the complete article here: Death of cash and total government control of spending

US Dollar: Global Reserve Currency Status Is Coming To An End

Jim Rogers discussed foreign exchanges markets and the future of the US dollar with the Russian Times (RT.com). You can read the complete article here:

US dollar just few short years away from losing global dominance, investor Jim Rogers tells RT

Global Investing

Jim Rogers talks about global investing with Mark Skousen at the San Francisco Money Show.

America's actions Are Bringing China, Russia, Iran and Turkey Closer

America's actions have had the effect of bringing China, Russia, Iran and Turkey closer and closer. Obviously this is not good for the United States:

Rogers: US rift with Turkey ‘madness,’ time to invest in Turkish assets

Emerging Markets: “You Should Think About Zimbabwe”

Jim Rogers spoke to ValueWalk.com recently and he shared his thoughts on several markets including gold, US stocks and emerging markets. He cited that he is buying Zimbabwe because after the country has been ruined for 40 years there may be posirtive changes ahead. Read the most interesting excerpts from this interview here: 

 Jim Rogers: "Before This Is Over, Gold Might Turn Into A Bubble"

Time To Invest In Turkish Assets

In a recent interview with the Daily Sabah, Jim Rogers explained why he considers investing in Turkish assets right now. Jim also cited the major risks that might affect the US stock market going forward.

You can read the complete article here: https://www.dailysabah.com/economy/2018/09/05/investment-guru-rogers-us-rift-with-turkey-madness-time-to-invest-in-turkish-assets

Gold: I'm Still Waiting For $950

In a recent interview with TheStreet.com Jim Rogers talked about his outlook on gold and also about the prospects of investing in Zimbabwe. When asked about the U.S. stock market, Jim answered that valuations are overstretched, although stock prices could still climb higher on good news. 

Read the full article and watch the video of the interview here: https://www.thestreet.com/video/jim-rogers-before-this-is-over-gold-might-turn-into-bubble-14699202

Business Lunch In Beijing

Jim Rogers at a China Luncheon hosted for the President of Ghana in Beijing (September 3rd, 2018).

Investing: I'm Not As Smart As The Computer

Bloomberg TV presents the Rogers AI Global Macro ETF, an artificial intelligence exchange traded fund.

You can watch the video here: https://www.bloomberg.com/news/videos/2018-08-30/jim-rogers-says-the-next-bear-market-will-be-the-worst-of-his-lifetime-video

"I'm not as smart as the computer, I wouldn't even want to override the computer." - Jim Rogers

Crypto Currencies: They Are All Probably Going To Disappear

the Blockchain is going to change everything. A lot of people will lose their jobs but electricity also caused a lot of people to lose their jobs and also created a lot of jobs. So, I'm not worried about technological progress at all.

I suspect any crypto currencies will survive. They are all probably going to disappear before this is over. But Blockchain has a spectacular future. I wish I can find a good way to invest in Blockchain.

Jim Rogers and Robert Kyosaki Discuss Market Opportunities With Kitco News

Jim Rogers and Robert Kiyosaki will be interviewed on Kitco News. To watch tune in on August 30th and September 12th to watch their expert commentary: 

Watch the video on the Kitco News Youtube channel (here)

The Correction Is Not Over For Gold

When there's a lot of bad news and something like gold doesn't go up it means it's not gonna go up. The correction is not over for gold.

Stop The Trade War

Jim Rogers explained to China.org.cn why he thinks both China and the United States should end the trade war as soon as possible:

Investor Jim Rogers: Stop the trade war

Money Show Presentation (San Francisco)

Jim Rogers spoke recently at the MoneyShow in San Francisco. You can watch the whole presentation here: 

Jim Rogers: 'The next bear market will be the worst in my lifetime'

Topics: 

- What's going on in the world

- market trends

- Asia
- Q&A

Market Outlook: Crude Oil, Gold

In a recent talk with MoneyWeek UK, Jim shared his outlook on financial markets most specifically on crude oil, gold and US stocks.

Read the full article here: https://moneyweek.com/493654/jim-rogers-buy-gold/#.W3_DkH8seNY.twitter

The Euro Currency Is Not Properly Structured

The Euro currency as we know it is not going to survive because. It's not sound, it's not properly structured.

New Podcast: The Expat Money Show Ep. 36

Listen to the latest Jim Rogers podcast here:

EP 036: JIM ROGERS – LEGENDARY INVESTOR SHARES HIS OPINIONS ON NORTH KOREA, CHINA, MANDARIN AND THE CURRENT STATE OF EDUCATION

Topics:

- North Korea, China
- Education in Asia
- The possibility of a new book
- Secrets to success

We're Getting Closer To A Bear Market

It's been ten years since we had the last bear market and historically we have them more often than that we don't have to have them more often than that but we always have nearly always have so I would suspect we're getting closer.

Currencies: Turmoil Ahead

Everything may go down against the US Dollar when the turmoil comes and the US dollar goes up a lot. Everything will go down against it but I suspect that the renminbi will go down less than anything else. When those days come, when currency turmoil comes again you're gonna see a lot of strange gyrations.

Further reading:

The Next Recession

Gold: Waiting For An Opportunity To Buy

I own gold. I haven't bought any serious gold in a long time because I expect another opportunity to buy gold under $1,000 USD per ounce. If that happens, I hope I'm smart enough to buy a lot of gold because before this is over gold is going to skyrocket. Throughout history when people lose confidence in economies, governments or currencies they have always bought gold and silver.

Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)

A Bear Market Will Clean The System

We've had plenty of bear markets throughout history. The world never came to an end. A lot of people go bankrupt, a lot of people suffer. But in the end it cleans the system. Like forest fires. They clean out the forest, in the end the forest can grow faster, better from a sounder base.

Video: Jim Rogers speaking at the Gear Token Event

Jim Rogers speaking at the Gear Token Event (Marina Mandarin Hotel)

Topics: China, blockchain

Investing In 20 Things

If you were only able to invest in 20 things in your entire life, how would you go about it? You would do massive amounts of research before investing, and you’d only invest in sure things.

Emerging Markets: Venezuela Is High On My List

It's high on my list but I'm not good at timing. But I think there will probably be a better time later to buy Venezuela. But yes, it's high on my list.

Related tickers: iShares MSCI Emerging Markets Index ETF (EEM)

North Korea: Kim Jong-un Is Making Dramatic Changes

North Korea today is where China was in 1980 or 81 and I wish I'd invested in China in 1981. 

The kid (Kim Jong-un) has only been there a short period of time. He was educated in Switzerland, so he knows there's another world out there. He's already making dramatic changes he wants to start over he doesn't want to live in North Korea. He'd like to live like they live in South Korea. So change is coming and usually when a country goes from that kind regime is dirt cheap.

Emerging Markets: Colombia 
North Korea: Sooner or Later, A Stock Exchange Is Coming
Investing: South Korea and North Korea
Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"

North Korea: Sooner or Later, A Stock Exchange Is Coming

I only invest in publicly traded entities, they got to be listed somewhere. So no, I'm not gonna buy a highway in North Korea. There's no stock market in North Korea yet but they're learning. They've been sending guys outside of North Korea to learn about stock market, so it's coming.

Emerging Markets: Colombia 

North Korea: Sooner or Later, A Stock Exchange Is Coming

Investing: South Korea and North Korea

Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"

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.

Emerging Markets: Colombia 
North Korea: Sooner or Later, A Stock Exchange Is Coming
Investing: South Korea and North Korea
Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"
Peter Schiff: Interest Rates, Federal Reserve

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

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

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

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?"

Markets: Trade War, Small Caps

Trump Is Right About Trade

Investing: South Korea and 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.

Markets: Trade War, Small Caps
Trump Is Right About Trade

Market Update: June 12

Russian Stock Market

I would suspect in a few years we'll look back and say "Oh, remember when the russian stock market was so cheap, why didn't we buy it?" 

Trade Wars

No one has ever won a trade war. Trade wars always end badly and Mr. Trump and the people around him seem to be very keen on trade wars.

Mr. Trump has talked about them for years. Or he doesn't know history which is possible or he thinks he's smarter than history which is probable. He thinks that he can win a trade war no matter what and therefore he's willing to try and it's getting worse and worse.

Sectors: Agriculture

Agriculture is very depressed right now it's not working at the moment but agriculture is certainly a good place to for me to put money.

Stock Market: The Next Bear Market

In 2008 we had a big problem because of too much debt. Since 2008 the debt everywhere has skyrocketed. Many people have talked about austerity but nobody has done any austerity.

The debt everywhere it's much, much higher than it was then. The America's central bank balance sheet alone has gone up 500 percent in those eight or ten years.

Further reading:

Trump Is Right About Trade 
Markets: This Is What Everybody Is Missing
Bitcoin: Is It a Currency?

Markets: Trump & Trade Wars

No one has ever won a trade war. They always end badly and Mr. Trump and the people around him seem to be very keen on trade wars.

Mr. Trump has talked about them for years. Or he doesn't know history which is possible or he thinks he's smarter than history which is probable. He thinks that he can win a trade war no matter what and therefore he's willing to try and it's getting worse and worse.

Russian Stock Market

I would suspect in a few years we'll look back and say "Oh, remember when the russian stock market was so cheap, why didn't we buy it?" 

Related trading instruments: Market Vector Russia ETF Trust (RSX)

Markets: Agriculture Is Very Depressed

Agriculture is very depressed right now it's not working at the moment but agriculture is certainly a good place to for me to put money.

The Next Bear Market

In 2008 we had a big problem because of too much debt. Since 2008 the debt everywhere has skyrocketed. Many people have talked about austerity but nobody has done any austerity.

The debt everywhere it's much, much higher than it was then. The America's central bank balance sheet alone has gone up 500 percent in those eight or ten years.

Markets: Russia, China, Japan

I am still buying shares in China, Russia, Japan and some parts of the world if I find something good. The US stock market is at an all-time high and I don't particularly like buying things at all-time highs.

Related trading instruments: 

• Market Vector Russia ETF Trust (RSX)
• iShares MSCI Japan ETF (EWJ)
• iShares FTSE/Xinhua China 25 Index ETF (FXI)

Blockchain: I Have Not Yet Found A Way To Invest

"I have not yet found a way to invest in a public company a way to invest in blockchain."
- Jim Rogers speaking at a Blockchain conference in Miami

"Bitcoin: Is It a Currency?"
Peter Schiff: "Precious Metals: A Spike In Silver?"
Peter Schiff: "The Fed Will Not Save The Stock Market Again"
Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain" Ray Dalio: 

Cyber Currencies: Governments Will End The Party

I'm not as convinced about cyber currencies in the future. I know that all of you are smarter than every government in the world smarter than every politician in the world but having said that...I'm of the view that most of them will not fit succeed and maybe all of them will disappear. 

And the reason I say that, the main reason I say that is because governments don't like losing control. You're smarter than every government in the world but they have the guns whether we like it or not and if the government's come down and say OK guys this party is over?

Peter Schiff: "Precious Metals: A Spike In Silver?"
Peter Schiff: "The Fed Will Not Save The Stock Market Again"
Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain"

I Did Not Learn Anything From Soros

I did not learn anything from Soros, except that I am not a great trader. Whatever success I have had has come from finding things that are cheap where fundamental change is taking place and buying.

Peter Schiff: "Precious Metals: A Spike In Silver?"

Peter Schiff: "The Fed Will Not Save The Stock Market Again"

Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain"

Trade Wars Never Worked

Most people know the trade wars have never worked. Nobody wins a trade war, everybody knows that.

Peter Schiff: "Precious Metals: A Spike In Silver?"

Peter Schiff: "The Fed Will Not Save The Stock Market Again"

Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain"

China and the US Should Work Together More

China and the US are the largest economies in the world. They're both vibrant, dynamic economies. They could work together and really be very, very rich. 

They're two very important and rich countries. If they work together instead of fighting each other over foolish things can you imagine the two countries working together how exciting and prosperous both would be?

Markets: Interest Rates Are Going Back Up
Forex: The Consensus Is Extremely Bullish On The US Dollar
Peter Schiff: "Precious Metals: A Spike In Silver?"
Peter Schiff: "The Fed Will Not Save The Stock Market Again"
Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain"

Trump: Agriculture & Energy

If you get out of map and look at the states that Mr. Trump won they all produce agriculture and they all produce energy.

- in St. Petersburg International Economic Forum

Peter Schiff: "Precious Metals: A Spike In Silver?"
Peter Schiff: "The Fed Will Not Save The Stock Market Again"
Peter Schiff: "Banks: Deutsche Bank (DB) Could Be The Weak Link Of A Chain"

Video: Trade Wars, Market Update

Jim Rogers talks about trade wars and financial market at the St. Petersburg International Economic Forum.

Forex: The Consensus Is Extremely Bullish On The US Dollar

Trump Is Making China Great Again

Mr. Trump is making China great again. Everybody now is doing more business with China because we're slapping them in the face and cutting them off.

If you go to Moscow airport it is full of Chinese. Five years ago you couldn't see the Chinese. Now they're everywhere. They are all being pushed together by Mr. Trump and hs policies.

Agriculture In Russia Is Booming

Agriculture in Russia right now is booming because of sanctions. It has helped Russian agriculture.

Related trading instruments: Market Vector Russia ETF Trust (RSX)

Further reading:

Peter Schiff: The Highest The Fed Gets Is About 2.50% 

Peter Schiff: The National Debt Disaster

Sanctions Against Russia Are Absurd

I know that Europeans wanted sanctions against Russia to be dropped, many people in the world think the sanctions are absurd, including me. I hope they're dropped, I don't think it will happen anytime soon, though. (Market Vector Russia ETF Trust (RSX))

Further reading:

Peter Schiff: The Highest The Fed Gets Is About 2.50% 
Ray Dalio: Principles Are Smart Ways For Handling Things

Markets: Trade War, North Korea

Jim Rogers discusses the current trade war situation between China and the U.S. plus the potential of North Korea as a future investment destination on Fox Business.

Where's The Next Crisis Going To Start?

If we're talking about America there are lots of pension funds which basically are bankrupt right now some of that may come out before long some pension fund may call up tomorrow and say we cannot pay any more I don't know where it's gonna start.

Peter Schiff: Record Foreclosures In The Subprime Auto Market
Jim Rogers: I'm Not Keen On Cyber Currencies
Ray Dalio: Principles For Success

I'm Not Keen On Cyber Currencies

I am not keen on cyber currencies. There is no question that the computer and the internet is changing everything we know and there's no question that money will be on the internet someday. I am skeptical whether it's going to be in any of the crypto currencies for a variety of reasons. But even if it's in one of them whether it's Bitcoin or one of the rest is questionable.

Bitcoin and Blockchain

Bitcoin and blockchain are two entirely different things. Blockchain is changing and it's going to change everything we know about the world. I wish I could find a way to invest in blockchain I have not so far.

Inflation Is Going Dramatically Higher

US Dollar: A Bear Market Rally

Video: Ray Dalio @ Google Talks

Episode 1: The Call to Adventure

This Bull Market Is Lasting Longer Than Usual

It certainly is going into extra innings. The last bear market or economic hard time was in 2008-2009. So it's been over 9 years since the last one. That historically is an anomaly. We usually have problems in America every four to eight years, so this one is lasted longer than usual.

Inflation Is Going Dramatically Higher

US Dollar: A Bear Market Rally

Video: Ray Dalio @ Google Talks

Is Gold Being Manipulated?

I've been hearing the manipulated gold story for 35 years now. Maybe it's manipulated, I don't know. Who's doing it if it's manipulated? The gold manipulation story's been around literally for 35 years.

Inflation Is Going Dramatically Higher
US Dollar: A Bear Market Rally
Video: Ray Dalio @ Google Talks

Investing, Upcoming Bear Market

Everybody has to stay with what they know or you are gonna get wiped out if you listen to other people going into the next bear market. I guess probably not gonna start today, it's probably gonna be awhile but it's coming right.

Shortselling

A very interesting story from the past. A newspaper describes Jim Rogers as a semi retired shortseller. When this story was published Jim Rogers was 44 years old (more than 30 years ago). 

Commodities Outlook: Gold, Crude Oil, Copper

Jim Rogers updates his outlook for commodities in this video interview with Platts.

More articles: 
Inflation: The Danger To Bondholders

Stocks: Sell In May And Go Away
The Only Thing That Can Stop A Bear Market
Stocks: This Is A Bear Market

A Cashless Society

My daughters are 10 and 15-years old and they will probably never go to a bank or a post office or a doctor. (In the future) we won’t be able to send letters or cash a check, as these institutions will simply cease to exist. We will operate in a totally cashless society.

The Next Bear Market

It's been ten years or nine years depending on how you count since our last bear market that's an unusually long period of time. The next bear more it's gonna be the worst in our lifetime.

More articles: 

Stocks: Sell In May And Go Away
The Only Thing That Can Stop A Bear Market
Stocks: This Is A Bear Market

Global Debt Has Reached Record Levels

US Dollar Strength: The Current Drivers

China Will Strike Back

You think the Chinese are just sitting around? China’s a huge buyer of American agriculture, so of course that’s the obvious place to hit back because that hurts Mr. Trump the worst. It’s not Americans, it’s Trump. Trump and his guys, those are the ones they have to hit.

Other articles: 

Stocks: Sell In May And Go Away
The Only Thing That Can Stop A Bear Market
Stocks: This Is A Bear Market

Global Debt Has Reached Record Levels

Trade Wars Are Usually A Disaster

The next bear market is going to be the worst in my lifetime just because of the debt but if we also have a trade war, it’s going to be worse than a disaster. I’m extremely concerned. I’ve read enough history and been through enough markets to know that trade wars are usually a disaster.

Other articles: 

Stocks: Sell In May And Go Away
The Only Thing That Can Stop A Bear Market
Stocks: This Is A Bear Market

Global Debt Has Reached Record Levels

Stock Market: The Decline Will Resume Later In The Year

Crashes don't happen in one day the market is going to go up for a while I'm still optimistic about the US stock market and asian stock markets. They'll go up for a while and sometime later this year and next the decline will start in but it doesn't happen in a day.

Other articles: 

The Only Thing That Can Stop A Bear Market
Stocks: This Is A Bear Market

Global Debt Has Reached Record Levels

Petroyuan Clould Be The Death Blow For The U.S. Dollar

Markets: The Debt Bomb

Do you remember 2008, 2009? That was because of gigantic debt. It's getting worse now, it's much worse now. The Federal Reserve's balance sheet is up 500 percent since then. 

Related trading instruments: 

• SPDR S&P 500 ETF Trust (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• Russell 2000 Index ETF (IWM)

Other articles: 

Stocks: This Is A Bear Market

Global Debt Has Reached Record Levels
Petroyuan Clould Be The Death Blow For The U.S. Dollar

Stock Market: Trade Wars Are Bad

Many people that are investing in the stock market know the trade wars are bad, they know that tariffs are very bad for the economy. Nobody wins trade wars, nobody ever has. Everybody suffers and when this happens and Mr. Trump starts talking the market goes down because investors know Trump doesn't understand, he's got a couple of advisers who don't understand. Trump thinks he's smarter than the history.

Stocks: The Market Always Fluctuates

One of the things I've learned is the market always fluctuates, it's always going to do that. For a while  we've been having fluctuations because of the trade war. I hope that's going to calm down soon, market will have a rally and you should be worried about next year and the year after.

Video: Stock Market, Gold

Jim Rogers discusses with Kitco News his outlook on the stock market and gold.

Gold: The Correction Is Not Over

In my view, and I have a little bit of experience, when there`s a lot of bad news and something like gold does not go up, it means its not going to go up. The correction is not over for gold.

Related trading instruments:

• SPDR Gold Trust ETF (GLD)

I Don't Think This Is The Beginning of World War 3

I don't think this is the beginning of World War 3 (WW3) but be worried because certainly in the next couple of years Mr. Trump could do something. I'm worried anyway, I'm watching closely.

Gold: I Expect It To Go Under a Thousand

I'm the world's worst market timer, I'm a horrible short-term trader but I expect gold to go under a thousand at which point I hope I'm smart enough to buy a lot of gold.

Currencies: I Don't Want To Own The Euro Currency

You're gonna see a lot of strange gyrations but I own the Renminbi. I don't want to own the Euro currency I don't want the British Pound I don't even want to own the Swiss Franc. You know most currencies are very seriously flawed compared to the Renminbi which also has flaws but in the meantime I own it now.

Stocks: Bear Market Later This Year

We'll have a rally and it could be a big rally but then that will be the last rally and then we start going into the bear market later this year or next year. It's been ten years or nine years depending on how you count since our last bear market and that's an unusually long period of time.

Related trading instruments:

• SPDR S&P 500 ETF Trust (SPY) 
• SPDR Dow Jones Industrial Average ETF (DIA) 
• Russell 2000 Index ETF (IWM)

Gold Will Trade Below 1,000

I expect gold to go under a thousand at which point I hope I'm smart enough to buy a lot of gold. Before this is over gold is gonna go up a huge amount and whenever people lose confidence in governments or currencies they always have bought gold and silver.

Related trading instruments: 

• SPDR Gold Trust ETF (GLD)
• iShares Silver Trust ETF (SLV)

Nobody Has Ever Won a Trade War

Nobody has ever won a trade war. It's not good for anybody. Everybody who's tried it in the past has learned, let's stop this as soon as we can. But unfortunately Mr. Trump doesn't know history and the people around him are very keen on trade wars.

Currencies: The Yuan Is My Second Largest Holding

I own some Renminbi. It's probably my second largest holding of currency, I mean, it's minuscule compared to my US dollar holdings but I'm already there. Everything may go down against the US dollar when the turmoil comes and the US dollar goes up a lot. Everything will go down against it I suspect that the Renminbi will go down less than anything else.

US Dollar: China & Russia Are Working On A Competing Currency

China and other countries are little tired of being bossed around because of the US dollar so they're looking to develop competing currencies. Russia, China  and other countries as well. 

So it is a process, this usually takes a while. It took many years for the US Dollar to replace the British Pound. But it is now underway, it won't happen this year, it won't happen next year but it's the beginning of another blow for the US dollar.

Trade War: China Will Strike Back

You think the Chinese are sitting idly by, China is a major buyer of US agricultural products, and it is obvious that they will aim for this sector as the most painful for Mr. Trump. 

Related trading instruments: 

• Potash Corporation of Saskatchewan (USA) (NYSE:POT) 
• John Deere (DE)

Bear Market, Trade War

The next bear market in stocks will be the worst in my life, and this is only because of debt. But in the event of a trade war, the situation will be worse than a disaster!

Related trading instruments: 

• 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)

Euro Break Up, European Bonds

If the European Union starts breaking up or the Euro starts breaking up that's gonna throw a spanner and a lot of people's works. Nobody's really sort of planned on that. Most of the euro bonds, none of them,  very few of them have any provision for what happens if there is no Euro.  I mean, Italy owns several billion dollars worth of bonds. Suppose Italy pulls out of the Euro and they suddenly says, "okay we're gonna pay you back in Lira". Well that's that's gonna confuse a lot of people and caused a lot more turmoil.

Investing: Russia, China

I’d rather invest in Russia (Market Vector Russia ETF Trust (RSX)) than in Germany (DAX Index). I’d rather invest in Japan (Nikkei 225 Index) or China (Shanghai Composite Index) than in America (SPDR S&P 500 ETF Trust (SPY)). America is at an all-time high, and no other nation in the history of the world has ever been this in debt.

Trade War: Where Will China Strike Back

In a recent interview with RT.com, Jim Rogers shares his views about the impending trade war between the U.S. and China and where China should strike back:

“China’s a huge buyer of American agriculture, so of course that’s the obvious place to hit back because that hurts Mr. Trump the worst. It’s not Americans, it’s Trump. Trump and his guys, those are the ones they have to hit,”

A Trade War Would Cause A Catastrophic Bear Market

In a recent interview with RT.com, Jim Rogers explained that a trade war between the U.S. and China would cause a catastrophic bear market in stocks:

“The next bear market is going to be the worst in my lifetime, just because of the debt, but if we also have a trade war, it’s going to be worse than a disaster,”

Will Bitcoin Succeed? A Few Thoughts.

Regarding Bitcoin I repeat what I said about IBM and computers: the people who invent something don't necessarily become the ones who succeed. 

We do know that the world has a money problem. We do know that the Internet is changing everything we know. My children will probably never go to a bank when they're adults. My children will probably never go to a post office when they're adults. So the Internet is changing everything we know and it's going to change money.

If you go to China now most people don't have money. If they want to buy a cup of tea they put their phone on the spot. If they want to buy a car they put their phone on the spot. So the 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.

Tariffs Are Not Beneficial

Former U.S. Representative Ron Paul explains why tariffs are not beneficial.

Related stocks: 

• United States Steel Corporation (X) 
• Boeing Co (BA)

Video: Junk Bonds, Stock Market & Interest Rates

Michael Pento interviews Jim Rogers. They discussed the U.S. Economy, precious metals, interest rates and junk bonds.

Related trading instruments: 

• SPDR S&P 500 ETF Trust (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• SPDR Barclays Capital High Yield Bond ETF (JNK)
• SPDR Gold Trust ETF (GLD)

Views On Real Estate

Suppose that interest rates go to 6 percent which historically is not so high. Many, many places are going to get killed in real estate. There are plenty of places where real estate is still reasonable. Not in most of America and certainly not in Singapore. I would not suggest buying property in many Asian cities.