At the moment, Silver (iShares Silver Trust ETF (SLV)) is cheaper than Gold (SPDR Gold Trust ETF (GLD), I mean, historically Silver is down 70-75% from its all-time high, Gold is not down so much. At the moment if I was buying one, I would buy Silver but I am not buying either.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, March 28, 2017
Monday, March 27, 2017
Forex Market: I'm Skeptical About The Japanese Yen (JPY)
I am skeptical about the Japanese Yen. It will be stronger than the Euro, or less weak, but I would not buy the Japanese Yen.
The U.S. Dollar Is Going To Continue Go Higher
The U.S. Dollar is going to go higher and may even turn into a bubble before this is over if things get as bad as I think they will.
Thursday, March 23, 2017
Currencies: The Euro Will Continue To Go Lower
The Euro will continue to go lower, I`m afraid. Of course, there will be rallies along the way, nothing goes straight up and nothing goes straight down. Basically, I would not own the Euro.
Wednesday, March 22, 2017
Currencies: Bearish on The Japanese Yen
I am skeptical about the Japanese Yen. Some people consider the Yen as a safe haven when compared to the U.S. Dollar. It will be stronger then the Euro Currency (EUR) or less weak than the Euro, I should say, but I would not buy the Yen either. There is some money that goes to the Yen on the mistaken view that it is a safe haven too, but the Japanese have gigantic debts as well, their internal debts are higher than in the U.S. and it is not a place to put money.
Monday, March 20, 2017
Interest Rates Are Going To Go Higher All Over The World
There is no question that interest rates are going to go higher all over the world. We have a very artificial situation with interest rates at zero, negative interest rates in some places. That is not normal and it will not last!
Friday, March 17, 2017
Investing: Chinese Tourism
Chinese tourism is going to be one of the great industries of the 21st century.
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