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