The US stock market is doing extremely well while most of the world is not doing very well for various reasons. Asia's doing better economically but in China they a got a lot of debt and it's coming home to roost right now. Japan has its own problems of debt coming home to roost right now. So the various problems in various places at the moment the US is the best market maybe not the best place to be but the best market.
Tuesday, September 18, 2018
Video: The US Stock Market Is Doing Better Than The Rest Of The World
Jim Rogers talks with CNN about the current divergence between the US stock market and most of the world's stock markets including China, Europe and Asia-Pacific.
Interesting reading:
Currency Markets: ECB is Hawkish, The Fed Is A Dove
Monday, September 17, 2018
Market Update: Stock Markets, Gold, Interest Rates
Jim Rogers recent video interview with Financial Strategy.
Major Topics:
- favorite stock markets: Russia, China and Japan
- do not invest in American stocks
- consider start shorting US tech stocks but be careful because we are in a bubble
- long term interest rates will rise a great deal in the future
- stopped buying Gold in 2010
- Gold below 1,000 dollars/ounce will be a great buying opportunity
- never use the word "safe" when talking about investments
- Europe is falling apart
The US Dollar Will Lose Its Position As The World’s Reserve Currency
In a recent interview with RT.com, Jim Rogers expressed the view that the US dollar will sooner or later lose its position as the world’s reserve currency:
“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”
Read the full interview here: https://www.rt.com/business/438162-us-dollar-crash-jim-rogers/
“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”
Read the full interview here: https://www.rt.com/business/438162-us-dollar-crash-jim-rogers/
Friday, September 14, 2018
My First Big Mistake In The Markets
My first big mistake I made in the markets came from a triumph. I decided the stock market was going to collapse and so I bought puts with all my money. I tripled my money in five months and I thought this was easy, I thought "yeah, I'm really gonna be rich someday."
So, I sold my puts on the day the market hit bottom, then the market rallied as I thought it would, I sold short and two months later I was
wiped out. But the worst part is that every one of the companies I sold short went bankrupt within two years. but I lost everything first because I didn't know the market did strange things.
Other interesting articles to read:
Ford (F), General Motors (GM) Trading At 52-Week Lows Other interesting articles to read:
Crude Oil: $80/Barrel By The End Of The Year
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