Wednesday, April 5, 2017

Video: The Road to Wall Street


The Road to Wall Street: From the early days in Alabama to Wall Street.
  • how Jim Rogers took a 75 percent pay cut to start the fund with George Soros;
  • the remarkable performance (4200 percent in 10 years) alongside George Soros;
  • the decision to leave Wall Street and go driving around the world;

Tuesday, April 4, 2017

Mine Nationalization: Is It a Serious Risk?

I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk. (Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX), Novagold (NG), Barrick Gold (ABX))

Monday, April 3, 2017

Favorite Emerging Market

As soon as oil stops going down, I hope that I am smart enough to buy a lot of Rubles. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Friday, March 31, 2017

If This Scenario Unfolds, The British Pound Can Crash To $0.80

If Scotland leaves the United Kingdom, the British Pound can go to $0.80. The Scots have a lot of Oil and if they leave they are going to take the oil with them. (Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), British Pound Futures)

Thursday, March 30, 2017

The Federal Reserve Has No Clue

The Federal Reserve has no clue on what they are doing. They will ruin us all. Why? Because they have driven interest rates to levels which have never seen before and the rest of the world followed. This is all going to end very, very, very badly!

How To Invest: Buying Hated Markets

You are supposed to buy hated markets, you buy what is hated, you do not buy the popular stuff, you buy the depressed stuff.

Wednesday, March 29, 2017

Russia: When I Will Buy Again

I am not buying Russia at the moment but as soon as Crude Oil prices stop going down, I hope I am smart enough to buy a lot of Russian Rubles, a lot of Russian government bonds and maybe a lot of Russian equities. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

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