Thursday, April 25, 2019

Investing: Crypto Currencies, Yield Curve, Gold

Keep up to date with the latest investment topics from Jim Rogers.

This week Jim has already commented on a variety of topics including Crypto Currencies - Q: Do You Look At Crypto Currencies At All?, the outlook for Gold prices going forward - Q: What do you make of the Russians and the Chinese buying a lot of gold lately?, and the impact that a potential inversion of the yield curve can have on the markets - Yield Curve & Recession and The Meaning of Inverted Yield Curves.

Q: Do You Look At Crypto Currencies At All?

I'm aware of them I know about them I've never bought one or sold one I wish I had I wish I'd done both bought and sold but they're all going to disappear they're all going to go to zero. (...) Eventually money is money is going to the computer (...) Many countries are so far ahead of the US in electronic money, so it's happening but it's gonna be government money.

Related:

Looking For Ways To Invest in Blockchain
The Internet Is Changing Everything

Q: What do you make of the Russians and the Chinese buying a lot of gold lately?

Well, there are people in the world and have been for thousands of years who think that gold and silver are extremely valuable and useful. I know that history shows whenever there are problems, whenever people lose confidence in governments or in money, they turn to gold and silver.

I own gold, I've owned gold for many years. I haven't bought any serious gold since 2010 but I am waiting for gold to have one final collapse and I hope I'm smart enough to buy a lot more gold and silver when that happens, if it happens.


Related: 

India Is Buying Gold
Russia Continues Buying Gold

Yield Curve & Recession

We are getting overdue for something to happen and the yield curve maybe telling us, "Hey guys, it's coming again!" But the yield curve also is not a short-term signal it only says a few weeks or months later something is going to happen.

Wednesday, April 24, 2019

The Longest Bull Market In American History

It's been over 10 years since we've had a financial problem in the United States and that's the longest in American history. It doesn't mean it has to end, it can go on for 20 years, who knows. But it is the longest bull market we've had in American history and also the longest economic good times we've had in American history. So, we are getting overdue for something to happen.

The Meaning of Inverted Yield Curves

I know what history says that when they invert and when they stay inverted it usually means that a few weeks or months later we're going to have problems. I don't see any reason that's changed. People always say it's different this time but it's rarely really different this time. So, I'm watching but I have not acted because of it yet.

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Barclays 20+ Yr Treas.Bond ETF (TLT), iShares Barclays 7-10 Year Treasury Bond Fund (IEF)

Tuesday, April 23, 2019

Zimbabwe: I Bought A Few Stocks Recently

I bought a few shares in Zimbabwe recently. Not much, just to get me to remember Zimbabwe. You know, 50 years ago Zimbabwe was one of the richest countries in the British Commonwealth. It's been totally destroyed totally destroyed by a crazy dictator over the next 37 years. But it is a great opportunity now.

Related trading rockers: iShares MSCI Emerging Markets Index ETF (EEM)

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