Gold Will Dip Below 1,000

That's my view but I've made a lot of mistakes in my life. So, don't rely on me for your market timing, I'm the worst short-term trader in the world. But I expect gold to go under 1,000 dollars/ounce and if it does, I hope I'm smart enough to buy a lot more. If it doesn't, I've got plenty of gold already.

The Appeal Of Socialism

Not many people in the world want to be socialist anymore because socialism has failed, communism has failed. Certainly nobody wants to be a communist and if they want to be a socialist, they want to be a rich socialist.

There are people, it's often inexperienced younger people who don't know the history of socialism and how it has never worked -  it's a good story communism, the problem is it's the story that doesn't work. No communist nation or a communist country has ever succeeded. They always fail but it's hard to explain that to somebody who's 23 years old and who's never seen much of the world.

Other interesting articles and market updates:

Stock Market: The Downtrend Is Intact
The Box That The Federal Reserve Has Placed Itself In

Everybody Should Have Some Gold In Their Portfolio

I own gold at the moment and I have for many years. I have not bought serious gold in a long time and I'm not buying it now. But if and when it goes down, I expect if it goes under one 1,000 USD per ounce, I hope I'm smart enough to buy a lot more gold.

Everybody should have some gold in their portfolio as an insurance company of nothing else.

Stock Market: It's Not Going To End Well

Many of the stock markets in the world are not doing nearly as well as U.S. stocks because they don't have this gigantic fiscal boost that we have from Washington. It's not going to end well, you know, someday we're gonna have to pay the price for it.

Investing: Recognize Change And React Accordingly

"Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit." 
— Jim Rogers, Chairman of Rogers Holdings and Beeland Interests, Inc.

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.

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.