Market Sell-Off: What To Buy

American stocks are down 14 percent. I mean, that's a big deal but you know, China is like 60 percent from its all-time high, Japan also. No, I would probably buy airlines in Asia because they have been decimated, totally decimated! Things like airlines, tourism companies, hotel chains, airports.

The Reason Why Gold Sold Off

Everything is going down and you go back to previous bear markets, 2008 for instance, everything went down including gold. For a while gold went down a lot. Usually in bear markets people have to sell and they sell everything in sight including gold and that's when you buy gold. I'm gonna go buy this afternoon!

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

Corona Virus: Interest Rates, Money Printing

What you have in Asia and other places is, governments are panicking and they are cutting interest rates, printing money, spending money.

The United States is probably going to do that too if they get more and more panicked. if you start seeing cases in New York or Los Angeles or places where the media is. Then they're gonna cut interest rates, they're gonna spend more money and print more money and that might lead to the last big blow off rally.

How To Navigate This Sell-Off

Jim Rogers talks with Kitco News and tells traders and investors how to navigate this major sell-off in the markets.

"Living in Asia, yes, the shops are empty, yes, the restaurants are empty because everybody's in panic but very few people are sick." - Jim Rogers


"The virus, more or less is peaking.  Certainly in China. Because they took draconian measures. They closed the whole place down which you probably couldn't do in most countries but they did it. So, it's it's in decline,  it's in decline in Asia but still the effects are going on planes or restaurants or empty hotels. There's nobody there so it's having an effect." - Jim Rogers

U.S. Debt: Who Is Buying?

As long as America has higher interest rates than other countries, investors that need to buy debt will. Those are the facts and people who are yield hungry are buying US government debt.