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.

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