Thursday, October 12, 2017

Bitcoin: I'm Certainly Not Buying Now

I don't own any crypto currencies,  I never have owned any crypto currencies and I say that with great embarrassment. I wish I had obviously but now there are two thousand of them from a few years ago. I mean this is what bubbles feel like, look like  and sound like as you well know. 

So is it a bubble? I don't know  but it looks like it, it feels like. You look at the charts of Bitcoin and the others, I mean they could look like any other bubble, they all look the same, all bubbles throughout history have looked and felt the same. I'm certainly not buying any now.

Wednesday, October 11, 2017

Investing: Gold, Sugar and Russia

I'm not buying gold (SPDR Gold Trust ETF (GLD)) Sugar would be a better buy here then gold (SPDR Gold Trust ETF (GLD),), agriculture would be a better buy and Russia (Market Vector Russia ETF Trust (RSX)) would be a better buy.

Related: PowerShares DB Agriculture Fund (DBA)

Tuesday, October 10, 2017

Cyber Currencies: This Is What Bubbles Feel Like

I have never owned any cybercurrencies and I say that with great embarrassment, I wish I had, obviously. But now there are two thousand of them up from nothing a few years ago. This is what bubbles feel like.

Monday, October 9, 2017

Podcast: Jim Rogers (Real Vision)



Real Vision Podcast: Adventures in Finance Episode 34 - Jim Rogers: The Investment Biker Rides Again

The 1987 Stock Market Crash

The collapse in 1987 happened on my birthday and I was short the market so it was probably the best birthday party I have ever had.

Wednesday, October 4, 2017

People Starting To Invest In Russia Again

We have seen some people starting to invest in Russia again. This is just the continuation of the same process. It is happening, more will happen, but it will not be so fast. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Tuesday, October 3, 2017

Q: What do you think about Bitcoin?

I'm not sure you should ask me because I have never bought one Bitcoin. If I were smart, I would have bought them nine years ago, seven years ago, five years ago or even five months ago. So I don't know. If I just showed you charts of what's going on and described without telling you which country or which time periods, you would say "Oh, that looks like a bubble, sounds like a bubble." It does! But don't ask me because I missed the whole thing.

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