U.S. Dollar: Time For A Correction?

My largest currency holding at the moment happens to be the U.S. Dollar because I expect more turmoil in markets around the world and when there is turmoil, people flee to the safe haven, which they think its the dollar. It is not a safe haven but people think it is and that is why I own it.

The dollar has been very, very strong as you know, so its probably time for a correction, but I still own dollars and the chinese currency are my largest holdings.

Crude Oil: I Would Suspect It Is Going To Test The Lows Again

Certainly is the most important commodity far and away wether you like or not. Oil has come straight up in the last few weeks, So I don`t like to buy anything that is going straight up. I would suspect it is going to test its lows sometime in the next few weeks. That is normally what happens when you have a total collapse and you have a bounce. This is the way markets work.

Related trading instruments: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), ConocoPhillips (COP)

Emerging Markets: Positive Changes In Russia, Kazakistan

I was bearish in Russia for 46 years. I first went to Russia in 1966, to many of the Soviet countries in 1966 and came home and said, "this is going to be a disaster." So I was bearish for the rest 46 years. But changes are taking place in Russia. I am not bullish in Ukraine, I find myself now being positive on Kazakistan to my surprise. I see big changes taking place place in former Soviet states and some of them are very interesting, including Russia.

Related ETF: Market Vector Russia ETF Trust (RSX)

Russia: I Own Shares Of The Moscow Stock Exchange

I own the Russian ETF, I became recently a director of a Russian fertilizer company. Their expenses are in rubles and they sell in U.S. dollars. So, they are coining money at the moment. As these are many other people, I guess there are opportunities.

I own shares of the Moscow Stock Exchange, believe it or not, and even more remarkable, the stock is at all time highs, it is astonishing.

Related ETF: Market Vector Russia ETF Trust (RSX)

Korea Will Be The Most Exciting Country In The World

Once reunification takes place, Korea will be the most exciting country in the world for a decade or two. Seventy five million people, right on the Chinese border, lots of cheap, disciplined, educated labor in the North, lots of natural resources in the North, huge amounts of capital and expertise in the South. I mean, this country will be a very exciting country, it will run circles around the Japanese which is why the Japanese are against all of this. There are plenty of people against it, but it is going to happen, just like it happened in Germany.

Related trading instruments: iShares MSCI South Korea Index Fund ETF (EWY), iShares MSCI Emerging Markets Index ETF (EEM), Nikkei 225 Index

Gold Stocks: They Can Rally Even If Gold Goes Sideways

I actually bought a mining ETF recently. Gold stocks have gone down a whole lot more than gold and sometimes you can make money on those stocks or you should be buying them anyway in situations like that because they can go up even if gold goes sideways, they can go up even if gold goes down just because they got beaten up so much.

Related ETF: Market Vectors Gold Miners ETF(NYSE:GDX),

Related stocks:  Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Novagold (NG), Kinross Gold (KGC), Randgold Resources Ltd. (ADR)(NASDAQ:GOLD)

Gold: I Expect The Correction To Continue

I expect the correction to continue. I Expect another opportunity to buy gold in the next year or two and if so, I hope I am smart enough to buy it. If America goes to war with Iran, or something, I would be begging to buy it at 1600. But I expect another opportunity to buy gold in a decline sometime in the next year or two.

Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

Related Exchange Traded Funds: SPDR Gold Trust ETF (GLD),