Emerging Markets: Venezuela Is High On My List

It's high on my list but I'm not good at timing. But I think there will probably be a better time later to buy Venezuela. But yes, it's high on my list.

Related tickers: iShares MSCI Emerging Markets Index ETF (EEM)

North Korea: Kim Jong-un Is Making Dramatic Changes

North Korea today is where China was in 1980 or 81 and I wish I'd invested in China in 1981. 

The kid (Kim Jong-un) has only been there a short period of time. He was educated in Switzerland, so he knows there's another world out there. He's already making dramatic changes he wants to start over he doesn't want to live in North Korea. He'd like to live like they live in South Korea. So change is coming and usually when a country goes from that kind regime is dirt cheap.

Emerging Markets: Colombia 
North Korea: Sooner or Later, A Stock Exchange Is Coming
Investing: South Korea and North Korea
Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"

North Korea: Sooner or Later, A Stock Exchange Is Coming

I only invest in publicly traded entities, they got to be listed somewhere. So no, I'm not gonna buy a highway in North Korea. There's no stock market in North Korea yet but they're learning. They've been sending guys outside of North Korea to learn about stock market, so it's coming.

Emerging Markets: Colombia 

North Korea: Sooner or Later, A Stock Exchange Is Coming

Investing: South Korea and North Korea

Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"

Emerging Markets: Colombia

Q: How much time and effort are you putting into your research? Because you mentioned yesterday Colombia, you mentioned Russia, you mentioned North Korea.

A: Well, you should know about these countries because Colombia had a 50-year civil war that's come to an end and I have learned over the years that when a war comes to an end or a civil war there are usually astonishing opportunities.

Emerging Markets: Colombia 
North Korea: Sooner or Later, A Stock Exchange Is Coming
Investing: South Korea and North Korea
Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"
Peter Schiff: Interest Rates, Federal Reserve

A Serious Bear Market

"Ultimately we are going to have a very serious bear market and economic dislocations… it is going to be the worst in my lifetime." - in Money Week

North Korea: They Know How To Be Entrepreneurs

"The last time I visited the North, I went to market and there were hundreds of stalls, selling everything you can imagine. So they know how to be entrepreneurs." - in The Korea Times

Emerging Markets: Russia, Korea

Emerging Markets: Russia

Russia is hated, the markets are down. Russia have very little debt, huge natural resources and they're opening up more and more. So, I would suspect in a few years we'll look back and say, "Oh remember when Russia was so cheap? Why didn't we buy it?"

Emerging Markets: North Korea

It is still illegal (to invest in North Korea). I would rather be poor and out of jail than rich and in jail. As soon as it is legal I will start making progress. Well, I will probably have to invest in South Korean stocks first. I own Korean Airlines because for instance, there will be a lot more travel when it becomes legal and open. At the moment there is no stock market in North Korea. They need everything. They need electricity, they need soap, they need table cloths. If you have any kind of expertise you can make a fortune in North Korea. They are where China was in 1981.

Gold: The Last Safe Haven Standing 
Most Banks Would Fail A Stagflation Stress Test