Yield Curve & Recession

We are getting overdue for something to happen and the yield curve maybe telling us, "Hey guys, it's coming again!" But the yield curve also is not a short-term signal it only says a few weeks or months later something is going to happen.

The Longest Bull Market In American History

It's been over 10 years since we've had a financial problem in the United States and that's the longest in American history. It doesn't mean it has to end, it can go on for 20 years, who knows. But it is the longest bull market we've had in American history and also the longest economic good times we've had in American history. So, we are getting overdue for something to happen.

The Meaning of Inverted Yield Curves

I know what history says that when they invert and when they stay inverted it usually means that a few weeks or months later we're going to have problems. I don't see any reason that's changed. People always say it's different this time but it's rarely really different this time. So, I'm watching but I have not acted because of it yet.

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Barclays 20+ Yr Treas.Bond ETF (TLT), iShares Barclays 7-10 Year Treasury Bond Fund (IEF)

Zimbabwe: I Bought A Few Stocks Recently

I bought a few shares in Zimbabwe recently. Not much, just to get me to remember Zimbabwe. You know, 50 years ago Zimbabwe was one of the richest countries in the British Commonwealth. It's been totally destroyed totally destroyed by a crazy dictator over the next 37 years. But it is a great opportunity now.

Related trading rockers: iShares MSCI Emerging Markets Index ETF (EEM)

Jim Rogers: Recent Interview & Podcast

A recent article on The Korean Times featuring Jim Rogers: 'Jim Rogers can be used to restart inter-Korean projects'

Jim Rogers was a guest on the Futures Radio Show podcast and you can listen to the full interview here: "Investing in the Real World – Jim Rogers"

Korea: Tourism Is Going To Be Great

There's no stock market in North Korea, no market in the traditional sense but I'm very excited about the future of the Korean Peninsula. They don't have anything. Communism destroys everything. They don't have electricity, they don't have suits, they don't have chairs... 

Tourism is going to be great. Korea has not been on the tourist map. If people are sitting around in Europe thinking about where am I gonna go in Asia, I think of Japan, China, Bali, they don't think of Korea for historic reasons. But now people are going to start thinking about going to Korea.

Video Interview: Wiener Börse Insights - Talk with Jim Rogers

CEO Christoph Boschan and Jim Rogers, who jointly invented Quantum Funds together with George Soros in the early 1970s and became a national capital market hero when we woke up the Vienna Stock Exchange in 1985, in a spontaneous interview. Watch the video interview here, Wiener Börse Insights - Talk with Jim Rogers.

Podcast: Futures Radio Show (with Jim Rogers)

Jim Rogers talks to Anthony Crudele on the Futures Radio Show.

Topics discussed: trade selection process, risk management and position sizing, asset bubbles and yield curves.

Russian Stocks

Right now, I'm buying a Russian stock for instance and that's exactly what I've been doing. I've been putting in limit orders for several weeks, it's not that active (stock).

Investing: The Way I Do It

I consider myself an investor where I buy things and I try to own them for years, preferably forever. That's my success, if I've had any. 

The way I do it: I find something that's cheap, usually if nobody's paying attention and if it's ignored it's cheap. But if you can find something that's cheap where there's positive change taking place, often you make a lot of money. So, that's my way of doing it.

South Korea: Tourism Is Going To Be Great

There's no stock market in North Korea, no market in the traditional sense but I'm very excited about the future of the Korean Peninsula. They don't have anything. Communism destroys everything. They don't have electricity, they don't have suits, they don't have chairs... 

Tourism is going to be great. Korea has not been on the tourist map. If people are sitting around in Europe thinking about where am I gonna go in Asia, I think of Japan, China, Bali, they don't think of Korea for historic reasons. But now people are going to start thinking about going to Korea.

Related ticker: iShares MSCI South Korea Index Fund ETF (EWY), Korean Air Lines Co Ltd (KRX:003490)

You're Gonna Be Successful In Your Own Madness!

You're not gonna be successful doing what your parents or your teachers or your friends tell you to. You're gonna be successful in your own madness. That's how people become successful. They do something they love, they don't listen to other people.

Electric Car Revolution: Lithium and Cobalt

Q: Let's back to the future now because we're in the middle of this electric car revolution that's creating a major shift in demand and supply in commodities for things like Lithium and Cobalt. So, is that kind of thematic investment that you're looking at and how is the best way to play it?

A: Well, yes the problem with those two that you mentioned are that there's no public market. You know, there's plenty of futures in Zinc and Copper but there's not futures in Lithium and Cobalt. So you have to be in the mines or buy the stuff itself which is not so easy for most people, including me. I had an interest in a company which had lithium mines but at the moment I have nothing.

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates"
"The Coming Recession Will Be Bearish For Bonds"

My Process For Investing In Commodities

I'm more bullish on commodities than I am on American stocks for instance. So, the answer is overall yes but would I rush in and buy Zinc today? No, of course not! It's up 20 percent since August as you pointed out. What I like to do is find the commodities that are down the most and start looking there rather than ones are up the most.

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates" 

"The Coming Recession Will Be Bearish For Bonds"

Video: Cannabis Investing, China & Gold

"The cannabis market is going to get bigger and bigger." - Jim Rogers

Other topics covered: North Korea, Unified Korea, China, Gold;

Interesting Reading:

Ray Dalio - What It Means to Be Principled and Why You Need to Do It 
Ray Dalio - Principle 1.1: Be A Hyperrealist 
Ray Dalio - Principle 1.1A: A Successful Life 
Ray Dalio - Principle Of The Day: Embrace Reality 
Ray Dalio - Principle 1.2: An Accurate Understanding Of Reality

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates"
"The Coming Recession Will Be Bearish For Bonds"

Korea Will Be The Most Exciting Country In The World

Soon Korea will be the most exciting country in the world. More exciting than China, more exciting than the United Kingdom, more exciting than any country you can think of. 

They have lots of cheap, disciplined labor in the North, they have lots of natural resources in the north, they are right on the Chinese border. You put it together with South Korean capital, South Korean expertise, South Korea market size... It's going to be a country of 80 million people on the Chinese border with cheap labor and lots of natural resources.

Interesting Reading:

Ray Dalio - What It Means to Be Principled and Why You Need to Do It 

Ray Dalio - Principle 1.1: Be A Hyperrealist 

Ray Dalio - Principle 1.1A: A Successful Life 

Ray Dalio - Principle Of The Day: Embrace Reality 

Ray Dalio - Principle 1.2: An Accurate Understanding Of Reality

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates" 

"The Coming Recession Will Be Bearish For Bonds"

Investing: Finding Cheap & Positive Change

If you can find very cheap and positive change you're probably going to be successful. So there's positive change taking place in North Korea.

Interesting Reading:

Ray Dalio - What It Means to Be Principled and Why You Need to Do It 
Ray Dalio - Principle 1.1: Be A Hyperrealist 
Ray Dalio - Principle 1.1A: A Successful Life 
Ray Dalio - Principle Of The Day: Embrace Reality 
Ray Dalio - Principle 1.2: An Accurate Understanding Of Reality

Daily Routines: Exercising & Avoiding Things That Don't Interest Me

I try to exercise every day try to go to the gym every day there's no question about that I can't always do it because of traveler or conflicts or something else but that I try to do and I tried not to I try to avoid things that don't interest me.

Interesting Reading:

Ray Dalio - What It Means to Be Principled and Why You Need to Do It 

Ray Dalio - Principle 1.1: Be A Hyperrealist 

Ray Dalio - Principle 1.1A: A Successful Life 

Ray Dalio - Principle Of The Day: Embrace Reality 

Ray Dalio - Principle 1.2: An Accurate Understanding Of Reality

Looking For Ways To Invest in Blockchain

"I have not found a way (to invest in Blockchain), a small enough company, (an) independent company where I can invest in blockchain."
- Jim Rogers in The James and Ravi Show, March 2019

Interesting Reading:

Ray Dalio - What It Means to Be Principled and Why You Need to Do It 
Ray Dalio - Principle 1.1: Be A Hyperrealist 
Ray Dalio - Principle 1.1A: A Successful Life 
Ray Dalio - Principle Of The Day: Embrace Reality 
Ray Dalio - Principle 1.2: An Accurate Understanding Of Reality

The Internet Is Changing Everything

The Internet is changing us all it will continue to change it so broad what's it called blockchain any blockchain is going to change everything we know it's gonna put a lot of people out of work a lot of people out of business.

"There German cities that are gonna go bankrupt in the foreseeable future." 

Jim Rogers, in The James and Ravi Show (March 2019)

Keys To Success

You're not gonna be successful doing what your parents or your teachers or your friends tell you to. You're gonna be successful in your own madness. That's how people become successful. They do something they love, they don't listen to other people.

Podcast: Why Jim Rogers Wants To Invest In North Korea

Listen to the latest Jim Rogers podcast with NK News, "Why Jim Rogers wants to invest in North Korea – NKNews Podcast Ep.62".

Jim discusses the prospects for an unified Korea, investments and the economic future of North Korea.

Interesting reading: Peter Schiff: Federal Reserve, Crude Oil Prices & Credit Card Debt

Jim Rogers: Life, Trips and a Globe Collection

Jim Rogers' wife talks about their trip around the world, their globe collection and their home decoration with pictures and objects from a ll around the world.

“The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.”

- Jim Rogers

Communism Destroys Everything

There's no stock market in North Korea, no market in the traditional sense but I'm very excited about the future of the Korean Peninsula. They don't have anything. Communism destroys everything. They don't have electricity, they don't have suits, they don't have chairs... 

Tourism is going to be great. Korea has not been on the tourist map. If people are sitting around in Europe thinking about where am I gonna go in Asia, I think of Japan, China, Bali, they don't think of Korea for historic reasons. But now people are going to start thinking about going to Korea.

Jim Rogers Talks Markets: Weekly Recap

Crypto Currencies Are All Going To Zero

The digital coins are all going to go to zero and disappear. Blockchain and crypto currencies are two entirely different things as you well know. Blockchain is going to change everything we know, it has a phenomenal future. Electricity changed everything we know and put a lot of people out of business. Blockchain is going to put a lot of people out of business too but it's great for the world. But crypto currencies are all gonna go to zero, they're all going to disappear.

The Prospects For An Unified Korean Peninsula

Would you rather live in North Korea or Switzerland? I can tell you would prefer to live in Switzerland then North Korea. They don't want to live in North Korea too. They want to live like they live in South Korea. This is not 1989 this is 2019 they know and they don't want to live that way anymore. Chairman Kim grew up in Switzerland so he doesn't want to live in North Korea. If you were Chairman Kim would you rather live in North Korea or Switzerland? He wants to live in Switzerland so he's changing it. I have read about and have seen the changes that are taking place. So, the peninsula is going to be a very, very exciting place.

Investing In North Korea

It's illegal me to invest in North Korea so no, I haven't. I'm trying to find investments in North Korea but so far I have invested in Korean Air but that's not a great way but it's difficult to find things.

A Pessimistic View On Japan

In a recent visit to Japan, Jim Rogers warned of a severe economic downturn and a pessimistic view on the Japanese economy longer term. You can read the complete article here: American investor Jim Rogers warns of severe economic downturn and forecasts grim future for Japan

The Korean Peninsula Is Going To Be A Very Exciting Place

Would you rather live in North Korea or Switzerland? I can tell you would prefer to live in Switzerland then North Korea. They don't want to live in North Korea too. They want to live like they live in South Korea. This is not 1989 this is 2019 they know and they don't want to live that way anymore. 

Chairman Kim grew up in Switzerland so he doesn't want to live in North Korea. If you were Chairman Kim would you rather live in North Korea or Switzerland? He wants to live in Switzerland so he's changing it. I have read about and have seen the changes that are taking place. So, the peninsula is going to be a very, very exciting place. 

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

North Korea: Untapped Potential

Jim Rogers talks about the unification of North Korea and South Korea plus ways to invest and benefit from that process.

North Korea: Looking For Things To Invest

It's illegal me to invest in North Korea so no, I haven't. I'm trying to find investments in North Korea but so far I have invested in Korean Air but that's not a great way but it's difficult to find things.

Cryptos Are All Going To Go To Zero

The digital coins are all going to go to zero and disappear. 

Blockchain and crypto currencies are two entirely different things as you well know. Blockchain is going to change everything we know, it has a phenomenal future. Electricity changed everything we know and put a lot of people out of business. Blockchain is going to put a lot of people out of business too but it's great for the world. But crypto currencies are all gonna go to zero, they're all going to disappear.

A Pessimistic View On Japan

In a recent visit to Japan, Jim Rogers warned of a severe economic downturn and a pessimistic view on the Japanese economy longer term. You can read the complete article here: American investor Jim Rogers warns of severe economic downturn and forecasts grim future for Japan

North Korea Still Attractive

Jim Rogers unfazed by summit collapse, says NK still attractiveJim Rogers recently spoke with The Korean Times and expressed that is still is very optimistic on a unified Korea in a relatively short period of time. Read the complete article here: "Jim Rogers unfazed by summit collapse, says North Korea still attractive"

Getting More and More Involved In Korea

I'm trying to get more and more involved with Korea because I know what's going to be very exciting I'm looking for investment they will benefit from the future opening of Korea the unification of Korea.

Unified Korea: It's Going To Happen Anyway

Of course it's a delay but it's something that's inevitable, it's going to happen. It's just a delay, you know, life is full of delays and mistakes and problems. It's not the first time I've seen delays and problems.  We're gonna have an open and unified Korea. 

The Koreans have been here for 5,000 years. The Americans have been here for 70 years. Don't worry, it's going to happen. North Korea wants it, South Korea wants it, China wants it, Russia wants it. It's going to happen! It's a bump in the road it's a delay, it should be happening right now. Now we have to go through all sorts of delays and changes and discussions and talk and waste of time but it's going to happen.

Central Banks Are Buying Gold

Yes, there are central banks buying gold but whether do we like it or not you know gold has been around for a few thousand years and many people like it.

Academics can say that gold is meaningless, gold is, you know, all the things that some academics say about gold but like it or not you cannot tell a French peasant that he shouldn't buy gold you cannot tell me that I shouldn't buy gold. 

So, like it or not people for historic reasons, emotional reasons, insane reasons for whatever reason there are many people who know or think they know that in a crisis gold and silver are the places to be.

So it's not going to end, not in my lifetime anyway, not in your lifetime. Gold has been around a few thousand years and it will continue to be around. Yes, there will be people who will sell it at times. There are a lot more French peasants than there are intellectuals from Ivy League universities and when I say French peasants I mean common people all over the world.