“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.