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.