Emerging Markets In Africa: Ghana & Zimbabwe

If you can't find Zimbabwe in a map, if you don't know what Ghana is please do not invest in either of those countries.

Only invest in what you, yourself know a lot about. I assure you, if you don't know that Ghana has a lot of cocoa and a lot of gold please don't pay attention. 

If you can't even spell Zimbabwe please don't invest there. It has enormous opportunities, huge mineral deposits, lots of agricultural and tourism in the future. But don't do it if you don't know what to do. They have a stock exchange, there are mutual funds there ways to invest but only invest if you know what you're doing.

The Biggest Risk Is Washington DC

Washington DC. That's where the the greatest risk are right now, the greatest uncertainty.

First of all, we have a central bank which has no clue what it's been doing and probably also not what it will do in the future. We certainly have an executive and legislative branch which had no clue about what they're doing.

When things go wrong they're gonna make more mistakes. Be careful. Watch out for Washington DC, watch out for everything but especially Washington DC.

Investing: China, Japan and Russia

China is down 60 percent from its all-time high, Japan is down 50 percent from its all-time high. I'm not buying Japan and I don't own Japan at the moment but these are places that are down and down a lot and these are the places that you should be looking. Russia is hated... I own Russian shares and Russian bonds.

Commodities: Sugar Is 80% From Its All-Time High

Sugar believe it or not is down something like 80 percent from its all-time high. There's not much in the world that's down 80 percent over the past 40 years but sugar is.

Gold: There Will Be A Great Opportunity To Buy

If goes under 1,000 dollars per ounce, my plan is to buy a lot of gold. I haven't bought any serious gold since 2010. I own gold, haven't sold any gold. Don't think I have sold any but I still expect another opportunity to buy gold. If it happens, I hope I'm smart enough to buy a lot of gold, a lot more gold I should say.

Video: Markets, Gold & Commodities

Jim Rogers talks with Remy Blaire at the Nasdaq Marketsite about the markets (November 20, 2018)

Other interesting articles:

Ray Dalio: Current Market Cycle, Trade War
Smart Money Is Buying Precious Metals

Weekend's Reading

Here's a selection of some interesting reading for the weekend:

My Thoughts on Artificial Intelligence (AI) (Ray Dalio)
What Work Is (Ray Dalio)
Investing and Baseball: A Great Analogy (Warren Buffett)
Nassim Taleb: Skin In The Game 
In The Short Run Gold & Silver Are Going Way Up