Mr. Modi has been a disappointment. I bought Indian shares when it looked like he was going to win but I sold them. He has not done anything. And that demonetization thing, I mean, that was just theft. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Monday, April 10, 2017
Thursday, April 6, 2017
The U.S. Dollar Will Go Higher
I own a lot of U.S. Dollars because turmoil is coming and the Dollar will go higher, it will get overpriced and may even turn into a bubble.
A Safe Haven for Savers
In the end the savers safe haven is agriculture. Have a farm and learn how to be a farmer. (PowerShares DB Agriculture Fund (DBA))
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)
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