We're Getting Closer To A Bear Market

It's been ten years since we had the last bear market and historically we have them more often than that we don't have to have them more often than that but we always have nearly always have so I would suspect we're getting closer.

Currencies: Turmoil Ahead

Everything may go down against the US Dollar when the turmoil comes and the US dollar goes up a lot. Everything will go down against it but I suspect that the renminbi will go down less than anything else. When those days come, when currency turmoil comes again you're gonna see a lot of strange gyrations.

Further reading:

The Next Recession

Gold: Waiting For An Opportunity To Buy

I own gold. I haven't bought any serious gold in a long time because I expect another opportunity to buy gold under $1,000 USD per ounce. If that happens, I hope I'm smart enough to buy a lot of gold because before this is over gold is going to skyrocket. Throughout history when people lose confidence in economies, governments or currencies they have always bought gold and silver.

Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)

A Bear Market Will Clean The System

We've had plenty of bear markets throughout history. The world never came to an end. A lot of people go bankrupt, a lot of people suffer. But in the end it cleans the system. Like forest fires. They clean out the forest, in the end the forest can grow faster, better from a sounder base.

Video: Jim Rogers speaking at the Gear Token Event

Jim Rogers speaking at the Gear Token Event (Marina Mandarin Hotel)

Topics: China, blockchain

Investing In 20 Things

If you were only able to invest in 20 things in your entire life, how would you go about it? You would do massive amounts of research before investing, and you’d only invest in sure things.

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)