Friday, October 19, 2018

Agriculture Is Going To Be The Big Thing

“Agriculture is going to be the big thing in the next 20 years.” 
— Jim Rogers, Chairman of Rogers Holdings and Beeland Interests, Inc.

Wednesday, October 17, 2018

Interest Rates Are Going Much Higher

Nearly everybody in the market only knows interest rates going down. That's going to change because interest rates are going to go much, much higher not just in the United States but all over the world.

This has never happened in recorded history, what we've seen. Interest rates in many countries became negative. This has never, ever happened before.

Monday, October 15, 2018

This May Be The Beginning Of A Big Bear Market

I know we're all very worried when the market goes down 6 or 7 percent but even 6 or 7 percent is meaningless in the big scheme of things. Now, having said that it may be the end, the end may be finally here. 

It's been 10 years since we had a serious bear market in the United States. That's the longest in in recorded history so we may be ready. This may be the beginning of a big bear market. 

The way bear markets work is they start where nobody's looking. In 2007, Iceland went bankrupt and nobody cared. Ireland went bankrupt and then Northern Rock went bankrupt and Bear Stearns went bankrupt and by then some people started to see that something's going on. By the time Lehman Brothers went bankrupt everybody knew it was in the front page of the papers and the evening news and we all knew a year and a half or so later that there was a serious bear market in the works. That's the way things work.

Now we have had things like that happening in the last year or so: Turkey, Venezuela, Argentina, Indonesia, Indian banks, Latvia... You know, the things that no he cares about or pays attention to and they're all very small but it may be the snowball gathering speed and this may be it.

Sunday, October 14, 2018

Is The Fed Going ‘Loco’?

The truth is the Federal Reserve did go crazy a few years ago and drove interests rate down to zero which had never happened in history. Now, they are trying to get sanity back and raise them to the proper level.

Global Markets: Investment Opportunities

The Chinese market is down 60% from its all-time highs, the Japanese market is down 50% from its all-time highs. Russia is hated, Zimbabwe has just thrown out a absolutely absurd dictator who ruined the country for 40 years. There are great opportunities there. I've recently invested in a little bit not much in Ghana. Ghana was ruined but Ghana is changing dramatically. They have really smart, knowledgeable people running Ghana now.

Blog Archive