Wednesday, October 4, 2017

People Starting To Invest In Russia Again

We have seen some people starting to invest in Russia again. This is just the continuation of the same process. It is happening, more will happen, but it will not be so fast. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Tuesday, October 3, 2017

Q: What do you think about Bitcoin?

I'm not sure you should ask me because I have never bought one Bitcoin. If I were smart, I would have bought them nine years ago, seven years ago, five years ago or even five months ago. So I don't know. If I just showed you charts of what's going on and described without telling you which country or which time periods, you would say "Oh, that looks like a bubble, sounds like a bubble." It does! But don't ask me because I missed the whole thing.

The Reason Why There Won`t Be A War In Korea

The Chinese have told Donald Trump that if he starts a war they'll have to defend North Korea but they told North Korea that if you start a war we will not defend you. So there's nobody who's gonna go to war. (iShares MSCI South Korea Index Fund ETF (EWY))

Monday, October 2, 2017

When To Buy Gold Again

Jim Rogers said in a recent interview that he is taking a contrarian view on Gold. Gold has not had enough corrections yet and for that reason there are still many gold perma bulls. Jims argument is that when everybody is throwing gold away at fire sale prices, then it might be a good time to consider buying it again:

"For me, gold has not had enough corrections yet. There are still too many gold bugs." 

"When people say, 'I never want to invest in gold again,' that is when I want to invest in it...When everybody is throwing it out the window, that is usually a good time to buy anything, including gold. So far, there are too many people that love gold."

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

Friday, September 29, 2017

FANG Stocks Will Eventually Crack

In a recent interview, Jim Rogers drew a parallel between the FANG stocks (Facebook (FB), Apple (AAPL), Netflix (NFLX) and Google (GGOG)) and the Nifty 50, a group of stocks that kept rallying in the seventies when the general bull market in stocks was about to end. The Nifty 50 included stocks like Coca-Cola (KO), General Electric (GE) and International Bussiness Machines (IBM).

Jim Rogers noted that these high momentum, big cap Nasdaq stocks are currently holding the indexes but that they will eventually crack: 

“Everything else stopped going up but those Nifty 50, which would be something like the FANGs today, or maybe in the late ‘90s [during the dot com bubble], some of the other kinds of stocks. So this has happened before in market history. They eventually crack, there’s no question.”

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