In my view the Russian Ruble is making or has made a bottom. Likewise interest rates in Russia, if the Ruble is bottoming and interest rates are about to start going down again, I will get a double play owning Russian Government Bonds denominated in Rubles.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Wednesday, May 13, 2015
Tuesday, May 12, 2015
Crude Oil: Price Outlook
Normally when things collapse they wiggle around for a while, rally and then they test the bottom, they test the lows again a few days, weeks or months later. And that may be what crude oil is doing now.
I will point out that I keep reading all sorts of bad news about oil but it does not go down to new lows. In my experience when there is a lot of bad news and something does not go down anymore, it means the bottom is forming.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
I will point out that I keep reading all sorts of bad news about oil but it does not go down to new lows. In my experience when there is a lot of bad news and something does not go down anymore, it means the bottom is forming.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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