Monday, November 26, 2018

Crude Oil Prices: Don't Pay Attention To OPEC



Jim Rogers explains why he does not listen to what OPEC says or doesn't say about crude oil when he makes his investment decisions.

When There's A Huge Short Position In Anything It Goes Up

Historically when there's a huge short position in anything it goes up. I was making the point that while I wasn't buying gold and silver there is a huge short position so you're probably going to have a nice rally. That nice rally has proceeded to occur. I'm still not buying but I'm not selling. I'm waiting for a nice collapse in both.

Commodities Will Do Better Than Stocks

"It is the time to buy commodities again. I would say to you, you write it down that commodities are going to do better than stocks in the future." 

- Jim Rogers, interviewed by Sprott Media's Remy Blaire at the NASDAQ MarketSite
(November 20th, 2018)

Friday, November 23, 2018

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.

Wednesday, November 21, 2018

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.

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