I haven't bought any serious gold since 2010 but I own it and I'm not selling it. My plan is that when gold goes under a thousand US dollars, I hope I'm small enough to buy a whole lot. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX))
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, August 29, 2017
Investing: If You Don't Know Anything Put Your Money In The Bank
Stay only with what you know and if you don't know anything put your money in the bank. A little bit of interest is better than to lose a lot of money, so stay with what you know.
Wednesday, August 23, 2017
Investing: Don't Get Burned
First of all nobody should invest in anything unless they themselves know a lot about. Don't listen to me or don't listen to the television or anything else because if you're investing in things that you don't yourself know a lot about when bad times come you're not going to do well, you're really going to get burned.
Investing: What Excites Me
What excites me is the fact that the world is going to have a serious problem in the next couple of years and with a lot of people are going to lose a lot of money I hope I'm not one of those people.
It's going to be the worst worst in my lifetime, the worst in most people's lifes. It is not going to be fun so you should be knowledgeable, you should be worried.
Monday, August 21, 2017
The Absurdity of Extremely Low Interest Rates
It's all absurd. If 20 years ago we had said interest rates are going to go to zero and they're going to go to negative people would have said that's incomprehensible, that cannot happen and I explained it has been done by the central banks they would really say it's incomprehensible.
Tuesday, August 1, 2017
Market Turmoil Will be Bullish For The US Dollar
I expect market turmoil in the next couple of years but one result of market turmoil is that the US Dollar is going to go higher because people are going to look for a safe haven now they think the US Dollar is a safe haven for historic reasons.
VIdeo: Rogers Talks China, Germany, TPP and Agriculture
Jim Rogers talks to Max Keiser about Germany, Russia, China, TPP and agriculture.
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