Thursday, September 17, 2020

Investing: I Do Not Remember A Time Like This

 


Highlights:

- How COVID has changed investing

- Countries have overreacted when they closed their economies

- Japanese monetary policy

- Declining population plus debt is an explosive combo for Japan 

Tuesday, September 15, 2020

COVID: Closing Economies Was A Mistake

We’ve had worldwide epidemics before but never before have politicians reacted the wrong way.

In 2009 we had the H1N1 virus in America. Well, they didn't close McDonald's, they didn't close the airports. This time for whatever reason politicians, academics and journalists seem to have overreacted and said we have to close the whole world.

We've had many epidemics and never before have we closed the whole world. So in my view, they made mistakes and that's what has made this so horrible.

Monday, September 14, 2020

Todays Thoughts: Psychology of Money, Successful People and Wine

A few great thoughts from Twitter,

"The most successful people are not dogmatic and recognize that a better idea or new information today can be reason enough to change your approach."

-- Mark Cuban, entrepreneur

"The 10 Minute Rule: You put the red wine in the fridge 10 minutes before you open it. You take the white wine out of the fridge 10 minutes before you open it."

-- J.C. Parets, technical analyst

And a review of “The Psychology of Money” by Morgan Housel.


Be Audacious

"Be audacious. There is always a best possible path. Your job is to find it and have the courage to follow it. What you think is attainable is just a function of what you know at the moment. Once you start your pursuit you will learn a lot, especially if you triangulate with others; paths you never saw before will emerge."

 Ray Dalio, September 2020


Gold Will Go Higher

Q: Berkshire Hathaway recently made a 500 million dollar investment in Barrick Gold. Any views on that?

A: I don't own any gold shares at the moment. I prefer the real stuff. But if I'm right, if they're right, the price of gold and silver precious metals is going to go higher.

Friday, September 11, 2020

Video: Interview With Bloor Street Capital


 

Topics: 

- investing with George Soros

- incredible returns are possible, there are always plenty of opportunities

- some things are overvalued right now

- shorting asset bubbles is very difficult

Tuesday, September 8, 2020

Real Estate: Dramatic Changes Going On Right Now

A lot of kinds of real estate are going through dramatic changes right now. Offices, commercial real estate, shopping centers... a lot of kinds of real estate are going through dramatic changes right now.

You could go to Canada or Australia, there are many places where you can go and buy property. I wouldn't buy property in Sydney, I might buy it in the outback in Australia.

We have been doing home delivery for 10 years but now it's accelerating. Getting food delivered at home and other things delivered at home... That's one of the problems for real estate as i said before. There's not so much need for all these shopping centers and department stores anymore. so all of this is changing and it's accelerating.

Commodities Are Cheap, Bonds Are In A Bubble!

I'm looking at all asset classes in all countries and commodities seem to be the cheapest
asset class in the world right now. Certainly not government bonds. Government bonds are a bubble.


I look at assets and I see government bonds are the most overpriced in the world and agriculture is probably the cheapest in the world right now.

Tuesday, September 1, 2020

Marc Faber: Peak Activity Will Not Come Back For Years

 


Dr. Faber says that the economy will not recover for years. 

Marc shares his thoughts about the economic recovery and how long will it take for economies to get back to peak activity. 

Other topics:

- the effectiveness of MMT. 

- Keynesian economics.



How Will The U.S. Pay This Enormous Debt?

In previous economic hard times companies that people never thought could go bankrupt collapsed don't think it cannot happen it has happened and it will happen again. 

Six months ago the United States was the largest debtor nation in the history of the world. We never had any other country been so deep into debt. Since then the U.S. has increased its debt by trillions with a T, trillions more. 

If you give me a few trillion dollars I will show you a very, very good time. We will all have a wonderful time with a few trillion dollars but somebody eventually has to pay the price because somebody has to worry about paying it back.

Friday, August 28, 2020

I Bought More Gold Last Week


"I own gold as as you probably know. I bought more gold last week. I suspect gold and silver both will go much higher before this is over because currencies everywhere are being debased."

Gold Will Go A Lot Higher

If I’m right, gold is going to go much, much, much higher before this is over. Gold may well turn into a bubble. I hope it doesn’t, because if it turns into a bubble, I’ll have to sell it and I never want to sell it. I want my children to have my gold and silver someday.

Finding The Right Trading Style For You


I know I'm a terrible short-term trader. I don't even try it anymore. I didn't know it then but i found out...
Whether the style picks you or you picked the style. For me it was trial and error.

Nobody likes to hear it, everybody wants a hot tip. Everybody wants to be rich this month. Well the second advice is don't listen to hot tips.

Wednesday, August 26, 2020

Howard Marks: Life Will Go On

 


The question every investor is confronted with right now is how do you put capital at risk with any degree of confidence when the outlook is more uncertain that at any time in modern history?

Trump Will Go Tough Against China

 


"You have a lot of uncertainties... Number one is the election. Trump officially started his campaign, he was nominated, he accepted. Now, he's going to go hard on China. His popularity or the polls are indicating his his nose diving. So, he's just going to come out and look like going tough against China." - Nader Naiemi, AMP Capital

Covid 19: Politicians Have Overreacted

 


Highlights from the interview:

"Being a young person in America right now is not a good thing to be."


"In 2009 we had the H1N1 virus in America well they didn't close McDonald's (MCD) they didn't close the airports this time for whatever reason politicians seem to have overreacted."

Monday, July 27, 2020

Jim Rogers: Where I'm Investing Right Now

Anything that I'm buying and I have bought a couple of things... I'm buying one because they're so beaten down that no matter what happens I don't think they're gonna go down much more.
I'm gonna give you an example.I'm not buying Venezuela, I cannot buy Venezuela because I'm an American and it's sanctioned so Americans cannot buy assets in Venezuela. But someone who is able to buy Venezuela could probably buy Venezuela now because no matter how bad things get Venezuela is not going to go down very much and it may if any and it may start reviving.

So there are things like that. Now again, I'm not buying Venezuela, I would like to but I cannot but I'm trying to find things like that. Stocks, companies that are in that kind of situation and i have bought a couple of those recently.

Monday, July 20, 2020

Investing: Russian Bonds

I'm not here to give hot tips but one might look at Russian ruble bonds again. They do have high yields and it's not a credit risk. Russia is not going bankrupt whatever happens.

People Think Investing Is Easy. It's Not!

This is 2020 who wants to wait till next week to get rich? We want to get rich this week! We want a hot tip that's gonna make us rich very, very quickly so that we don't have to think about it and that's part of the problem. Everybody thinks this is easy.

Monday, July 13, 2020

COVID 19: Politicians Are Making Huge Mistakes



Jim Rogers comments on the money printing mistakes being done from Central Banks and governments all over the world.

Friday, June 26, 2020

Bitcoin Is Headed To Zero

Virtual currencies beyond the influence of the government will not be allowed to survive—and said the bitcoin price is headed to zero. If the cryptocurrency succeeds as real money, rather than the subject of gambling as it is today, the government will make the cryptocurrency illegal and eliminate it. 

The government likes electronic money. Because with electronic money, you can track when, where, who spent what amount. Governments will have more control over people through electronic money. The government wants to know everything. Controllable electronic money will survive, and virtual currencies beyond the influence of the government will be erased.

Monday, June 22, 2020

The Markets Will Continue Fairly Strong

I would suspect the markets will continue to be fairly strong but the US stock market just made its all-time high because there's so much money being printed and there's so much money being spent and it's gotta go somewhere. But it is going to end, I assure you.

Friday, June 19, 2020

Video Interview: Virus, Debt, Markets



Jim Rogers comments on the current market situation

  • Coronavirus
  • Debt situation
  • Financial markets

Friday, May 29, 2020

Money Printing & Deficit Spending: It Will End Badly

There's an election in November in the United States. None of those guys care about you and me or other people or young people like my kids. They care about the election. They want to print and spend and borrow as much money as they can to win the election. 

We're all gonna pay a very difficult price afterwards. The amount of debt that has been added... America was already the largest debtor nation in the history of the world and in the last month they have added staggering amounts of debt and they continue to add more and they're printing more money.

Nowhere in the history of the world has that kind of action done good things. Maybe in the short term it does good things but nowhere in history has it done good things in the long term.

Thursday, May 28, 2020

Will Markets Ever Be The Same Again?

“We could have asked the same question (will financial markets ever be the same?) after the Spanish flu, the collapse of 1929, …after the huge collapse of 2008 and 2009.

And you know what? Yes, they are always the same. Human being always get greedy. They always get scared and panic. They have not repealed the laws of fear and greed…

You can go back to an tragedy and any triumph you want to and people said the same thing: Will things be the same later? And they always were… People are always talking about the lessons of history. The main lesson of history is people don’t learn the lessons of history…”

Emerging Markets: Macro & COVID-19




In this episode of Ahead of the Curve, Real Vision guides viewers on a journey of understanding through the present and future of emerging markets.

Michael Nicoletos, co-founder and CIO of AppleTree Capital, speaks with Jim Rogers, chairman of Beeland Interests and famous emerging markets investor in Singapore. They talk about the next move for the dollar, which emerging markets he is currently investing in, and why he looks for disaster when he is deploying capital.

Then, Real Vision’s own Roger Hirst speaks with Mark Mobius, partner at Mobius Capital Partners, in Germany. Mobius breaks down the importance of technology, travel, and other macroeconomic factors that impact emerging markets. He explains why he believes the recovery could be as fast as the meltdown.

Nicoletos then speaks to Dr. Simon Ogus, founder and CEO of DSG Asia Limited. Dr. Ogus talks about the impact of COVID-19 on emerging markets through his view from Hong Kong. He relates the Asia-specific perspective on the impact of the virus on currencies, growing alternatives to Chinese manufacturing, and the future of globalism. Filmed May 11-15, 2020.

Tuesday, May 26, 2020

Pandemic: The US Has Done The Worst Job

Sweden did nothing, some US states did nothing and they say they're going to come out ahead. We know that the United States has the highest number of deaths, the highest number of cases reported if you can believe anybody.  I'm always skeptical of believing the numbers the US has done the worst job or the least good job of handling the whole thing.

Wednesday, May 20, 2020

Markets: Commodities, COVID-19




Latest video market update from Jim Rogers on commodities, financial markets and the COVID-19 pandemic. How markets will evolve from here and who will be the winners and the losers.

Tuesday, May 12, 2020

Investing: Silver Is Cheaper Than Gold

If you look at the ratio of silver and gold, it is highest it has ever been in recorded history. Never in history has silver been this cheap compared with gold. Maybe there are reasons but there are always reasons when something like this happens. I want to own precious metals. And certainly, in the next five years, I would prefer to own gold or silver. But if I had the option, I would own silver just because it is cheaper. I own both. I bought more gold recently but I would rather prefer to buy silver today than either of the two you mentioned.

Monday, May 11, 2020

Investing: Where To Look

Agriculture is still a disaster. Agriculture's probably got great opportunities. Gold and Silver, some parts of the world that have been smashed like transportation, airlines, tourism anything to do with travel has been killed. I'm also looking into a shipping company in Russia.

Friday, May 8, 2020

The Worst Problem Of My Lifetime

In 2008, the world had a problem because of too much debt. Since then, the debt has skyrocketed everywhere. Even in India and China, everywhere. Ten years ago China had no debt now it has a lot of debt. And next time we have a problem...that we are having now. It will be the worst in my lifetime.

Investing: Silver, India


Monday, May 4, 2020

Investing: Healthcare Over The Internet

I would suggest you find something that has very good growth prospects. I mentioned to you, healthcare over the internet for instance. Now I do not have any names, but that is going to be a great way to make money in the future if you can find he companies that are going to do. Especially in India, it is going to have a great future.

Friday, May 1, 2020

Nations Must Save, Invest & Work Hard

Any economy which saves and invests and works hard always wins out in the future over countries which consume, borrow and spend.

Thursday, April 30, 2020

Putting South Korea On The Watchlist

If Kim Jong Un has passed, nothing has been confirmed to my knowledge, I’ll be putting South Korea on my watch list. Unification of North/South could have more upside than East/West Germany.

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

Investing: The Best Advice I Ever Got

The best advice I ever got was on a airplane. It was in my early days on Wall Street. I was flying to Chicago, and I sat next to an older guy. Anyway, I remember him as being an old guy, which means he may have been forty. He told me to read everything. If you get interested in a company and you read the annual report, he said, you will have done more than ninety eight percent of the people on Wall Street. And if you read the footnotes in the annual report you will have done more than one hundred percent of the people on Wall Street.

I realized right away that if I just literally read a company’s annual report and the notes  - or better yet, two or three years of reports - that I would know much more than others. Professional investors used to sort of be dazzled. Everyone seemed to think I was smart. I later realized that I had to do more than just that. I learned that I had to read the annual reports of those I am investing in and their competitors annual reports, the trade journals, and everything that I could get my hand on. But I realized that most people do not bother even doing the basic homework. And if I did even more, I would be so far ahead that I would probably be able to find successful investments.

Friday, April 24, 2020

Lower Crude Oil Prices Are Good For The World

Pricing power shifts from commodity producer to commodity consumers. We are looking at a new order in the world where the total wealth effect will shift away let's say from oil-producing nations like Russia or Saudi Arabia, Kuwait, Nigeria and Venezuela to consuming nations like India and China.

This is good for China it's good for India, good for Germany, good for Japan. It's good for oil consumers and it's good for oil consuming nations. Oil producers or suffering now and many other companies in those countries as well. But for the world yes, it's good.

Crude Oil Will Not Stay At Zero

You're already seeing bankruptcies, some shale producers in the United States have declared bankruptcy and some drilling companies, so it's happening.

What happened last night was an aberration (crude going negative in price). I don't think you'll see another one like that. You know, the June contract is over 20 in Europe oil is over 20. So, I don't think that crude oil is gonna stay at zero. It was only one night for one special reason.

Thursday, April 23, 2020

How To Invest

If you could only have 20 investments in your life you'll be very careful. You wouldn't be jumping in and out of something you just read about. That's what you should do!

Shocking How Little Prepared America Was

It's a bit of a shock to find out how little America prepared for this. In China they didn't know it was coming so of course they were not prepared. China, Korea, Singapore, Taiwan and other places seem to have done a much better job of dealing with the virus. America had a three months notice it was coming, the world knew was happening. America did nothing. Last week you couldn't even get a test.

How My Life Has Changed

I cannot leave Singapore if I wanted to because the airports are closed, the airlines are closed and yet most countries are closed. I couldn't go to China if I wanted to, or Korea. So my life has changed a lot I used to travel a lot and now I'm home. Nothing wrong with being at home, quite delighted but it certainly changed my life. I don't go out very much because it's very hard to go out now. So lots of change.

Monday, April 20, 2020

Gold Will Likely Hit New All-Time Highs



Gold will likely hit all time highs on this move. Despite that Silver is cheaper than gold on a relative basis and that is why Jim is buying.

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

Wednesday, April 15, 2020

Jim Rogers: The Economic Reset Has Begun




In 2008 we had a huge problem because of too much debt the next time it's going to be worse because the debt has gone higher and higher and higher it's a fairly simple statement I'm surprised it got so much attention.


Tuesday, April 14, 2020

What I'm Buying Right Now

I bought some Chinese wine stocks last week. Russian transportation companies, shipping companies. I'm looking, there are things, and if I weren't talking to you, I'd probably be buying Japan right now. The Japanese market went down a lot. They don't care about anything except getting the stock market up, so they're going to be up. Again, this is not sound, this is not good for 12 year old Japanese, but what do they care? This is going to happen.

Central Bankers Cannot Save The World

Central banks are made up of bureaucrats and academics who do not know what they’re doing. They do not know how markets work. They don’t much about the real world. These guys can’t save the world. All they want to do is save their jobs.

Monday, April 13, 2020

I Expect To Buy More Silver, Gold

When people lose confidence in governments and money they buy gold and silver. Whether they should or not doesn't matter, they always have. Well, I'm a person like everybody else. I own gold, I own silver and I will be buying more. 

On a historic basis silver is much cheaper than gold right now. If you go back and look at any ratios over the past hundreds of years or even in biblical times, gold is much, much more expensive now than silver. 

I expect to buy some more silver and some more gold but I'll probably buy more silver than gold at these circumstances.

Friday, April 10, 2020

Markets: How Things Will Play Out

There comes a time when the market says, "Listen, we don't care, we understand this is all garbage. We don't want your garbage anymore, we're going to sell no matter what you say." and in the end the market has more money than anybody else including central banks.

Thursday, April 9, 2020

Jim Rogers: Worst Yet to Come for U.S. Markets

In my view, we are going to have a rally, we usually do but then, the worst is yet to come because the damage is terrible. We are going to have a really serious recession.

Monday, April 6, 2020

Jim Rogers: Market Update



Latest video market update from Jim Rogers in a recent video interview with Silver Bullion TV. Enjoy and stay safe!

Thursday, April 2, 2020

This Will Be The Worst Bear Market Of Our Lifetime

I expect in the next couple of years we’re going to have the worst bear market in my lifetime. The impact of the virus on economies will not be over quickly because there’s been a lot of damage. A gigantic amount of debt has been added. There is absolutely no question that throughout history, when you’ve had bear markets, companies with low debt are the ones that people love the most because they don’t have to worry about bankruptcy.

Tuesday, March 31, 2020

Jim Rogers: How Life Has Changed In Coronavirus Times


Jim Rogers talks about how his life has changed due to the coronavirus health crisis and also how unprepared the United States was not prepared for this.

Markets were overbought before the crisis started and that has not helped.

Other interesting topics:

Peter Schiff says gold is not a fear trade but a hedge against the debasement of the dollar: Gold Isn't A Fear Trade 

Ray Dalio on How To Raise The Probability Of Being Right.  

Thursday, March 26, 2020

Coronavirus: The US Was Not Prepared

The United States has not been prepared and has not acted quickly and well. The world has known about the coronavirus for over 3 months yet the United States could not even test one million last week. This is a stark contrast to China, which has brought the virus under control within 3 months and is now helping other countries, while the US cannot solve its own situation.

Tuesday, March 24, 2020

Ray Dalio Insights (Part I)

Ray Dalio is one of the greatest investors and thinkers of our time. Ray has been sharing some valuable insights on his twitter account and here are a few of the most interesting:

On when to bet (very applicable to traders and investors):

You can significantly improve your track record if you only make the bets that you are most confident will pay off. Knowing when not to bet is as important as knowing what bets are probably worth making.

On not listening to uninformed people:

Make sure they’re fully informed and believable. Find out who is responsible for whatever you are seeking to understand and then ask them. Listening to uninformed people is worse than having no answers at all.

How meditation may help you keep an open mind and a bigger perspective on things:

In thinking about the principles that are helping me and might help you during this challenging time, this is one of them. I practice Transcendental Meditation and believe that it has enhanced my open-mindedness, higher-level perspective, equanimity, and creativity.

These posts will be expanded over the next few days with more interesting principles and topics.


Saturday, March 21, 2020

Stock Market’s Gain Under Trump Vanishes

Interesting article in the New York Times about the stock market performance during the Trump presidency. Believe or not, the american stock market is now negative since President Trump took office: Stock Market’s Gain Under Trump Vanishes

But nobody loved it like Mr. Trump. He has tweeted about the stock market at least 131 times since becoming president. He kept a running tally of stock market records — 135 by his last count, on Dec. 19. He personalized the rally, referring to “my stock market gains.”

Social Distancing

James Clear, the author of Atomic Habits gives some interesting advice on how to practice quality social distancing on social media:

"You can practice social distancing on social media too. Stay away from people who are infected with negativity, a lack of generosity, an unwillingness to seek truth, etc."

The Coronavirus Crisis Will Be Fatal

Interesting comment made by Peter Schiff on how fatal this virus induced crisis will be for all of us:

"I was against QE, ZIRP, and bailouts in 2008 because I knew that instead of allowing the economy to restructure, those mistakes would exacerbate the structural imbalances that led to the crisis. Since we didn't swallow the medicine then, the #Coronavirus crisis will be fatal now."

Thursday, March 19, 2020

Corona Crisis: Many Companies Will Need Bailouts

Jim Rogers commented on the current crisis on RT.com. The legendary investor expects airlines and shipping companies to be bailed out and that we are headed toward the worst financial crisis of our lifetimes:

I told RT earlier that the next time we are going to have a financial problem it’s going to be the worst… it appears we are headed toward the worst financial crisis of our lifetimes. We will know in a few months.

"Companies with big debts are especially vulnerable at this time."


"Companies participating in international trade in particular will have serious problems. Some of them will be bankrupt. Major airlines and shipping companies will probably be bailed out because it would otherwise be embarrassing for the countries."

The Worst Financial Crisis Of Our Lifetimes

Jim said in a recent interview that due to the recent developments with the COVID-19 spreading through the Western world, we are heading to a major financial crisis. Read the complete article here: ‘We’re Headed for the Worst Financial Crisis of Our Lifetimes’ – Jim Rogers 

Monday, March 16, 2020

This Crisis Is Economic, Not Merely Financial

Peter Schiff explains that this crisis is not "merely" a financial crisis like in 2008 but an economic crisis with much bigger repercussions:

The financial crisis of 2008 was a cake walk compared to this. All that happened in 2008 was real estate prices fell, borrowers defaulted, and lenders lost money. Today global commerce is grading to a halt. Production is shutting down. This crisis is economic, not merely financial.

Everyone Will Have To Be Bailed Out

Peter Schiff says it's game over as this time around everyone will have to be bailed out:

"In 2008 we bailed out the banks and GSE's, as they owned the mortgages. Today it's not just mortgage debtors who can't pay, it's all debtors. It's not just banks that need to be bailed out, but every leveraged business in every industry. Who is left to do the bailing? Game over!"

Thursday, March 12, 2020

Corona Virus: China Has Done a Great Job!

China has done a job. They were caught off guard, they were the first to face it, they were surprised. The disappointing thing to me is that the West is not ready either. We had a 3 month notice in America and yet nobody is prepared. We don’t even have testing kits for more than a million people in a country of 325 million people. China, once they got it together, they took very draconian, swift measures and seem to have it under control. I wish I could say that for Italy.

Thursday, March 5, 2020

Stock Market: Panic Is Misplaced



The stock market panic is misplaced. Markets will be OK for a while because central bankers will lower interest rates and governments will keep spending widely.

The U.S. Stock Market Will Rally Back To New Highs

If you ask me today, I would say we would make new highs in the US stock market. Now I use that since it is the largest and most important stock market. I would suspect we would see new highs. We may even have a blow-off bubble. It has been a while since we have had a blow-off bubble in any stock market in the world. So it may turn into a bubble. I do expect at least new highs before the whole thing collapses. 

- in Economic Times (March 4, 2020)

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

Interest Rates Will Go Even Lower

I expect things to be OK for a while in nearly all markets, including bond markets. These guys are going to drive interest rates to unbelievably low levels. This is not good. I want to tell you again, this is not good for the world. But it is good for the markets for a while. 

- in Economic Times (March 4, 2020)

Markets Are Going To Be OK For a While

So now the markets are going to be okay for a while. We may even turn into a huge bubble, because they are going to print a lot more and they are going to spend a lot. It means, in the end, things will be worse, but in the meantime happy days are here. 

- in Economic Times (March 4, 2020)

Monday, March 2, 2020

Market Sell-Off: What To Buy

American stocks are down 14 percent. I mean, that's a big deal but you know, China is like 60 percent from its all-time high, Japan also. No, I would probably buy airlines in Asia because they have been decimated, totally decimated! Things like airlines, tourism companies, hotel chains, airports.

Sunday, March 1, 2020

The Reason Why Gold Sold Off

Everything is going down and you go back to previous bear markets, 2008 for instance, everything went down including gold. For a while gold went down a lot. Usually in bear markets people have to sell and they sell everything in sight including gold and that's when you buy gold. I'm gonna go buy this afternoon!

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

Corona Virus: Interest Rates, Money Printing

What you have in Asia and other places is, governments are panicking and they are cutting interest rates, printing money, spending money.

The United States is probably going to do that too if they get more and more panicked. if you start seeing cases in New York or Los Angeles or places where the media is. Then they're gonna cut interest rates, they're gonna spend more money and print more money and that might lead to the last big blow off rally.

How To Navigate This Sell-Off



Jim Rogers talks with Kitco News and tells traders and investors how to navigate this major sell-off in the markets.

"Living in Asia, yes, the shops are empty, yes, the restaurants are empty because everybody's in panic but very few people are sick." - Jim Rogers


"The virus, more or less is peaking.  Certainly in China. Because they took draconian measures. They closed the whole place down which you probably couldn't do in most countries but they did it. So, it's it's in decline,  it's in decline in Asia but still the effects are going on planes or restaurants or empty hotels. There's nobody there so it's having an effect." - Jim Rogers

Thursday, February 13, 2020

U.S. Debt: Who Is Buying?

As long as America has higher interest rates than other countries, investors that need to buy debt will. Those are the facts and people who are yield hungry are buying US government debt.

Monday, February 10, 2020

Virus Outbreak: Companies Will Not Leave China

Investor Jim Rogers say that companies won't be leaving China because of the corona virus outbreak. - CGTN Global Business

Monday, January 13, 2020

The Bull Case For Commodities

I own commodities because normally one of there's a lot of money printing you protect yourself by owning real assets whether it's silver or rice or whatever it happens to be because if the world economy gets better commodity should do better because of shortages if the world economy doesn't do better then they'll print more money.

Monday, January 6, 2020

This Rally Is Based On Money Printing

It's the first time in recorded history where you have all major central banks printing money at the same time. 

The Japanese said in December, "We will print unlimited amounts of money", that's their word, unlimited. The American central banks said, we can print more too. Then the English said, "Well we will print more!" and Europeans are printing more too. 

This has never happened before. Obviously there's an artificial something going on because it's all based on printed money, staggering amounts of money printing.  This is going to end very badly!

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