Markets: How Things Will Play Out

There comes a time when the market says, "Listen, we don't care, we understand this is all garbage. We don't want your garbage anymore, we're going to sell no matter what you say." and in the end the market has more money than anybody else including central banks.

Jim Rogers: Worst Yet to Come for U.S. Markets

In my view, we are going to have a rally, we usually do but then, the worst is yet to come because the damage is terrible. We are going to have a really serious recession.

Jim Rogers: Market Update

Latest video market update from Jim Rogers in a recent video interview with Silver Bullion TV. Enjoy and stay safe!

This Will Be The Worst Bear Market Of Our Lifetime

I expect in the next couple of years we’re going to have the worst bear market in my lifetime. The impact of the virus on economies will not be over quickly because there’s been a lot of damage. A gigantic amount of debt has been added. There is absolutely no question that throughout history, when you’ve had bear markets, companies with low debt are the ones that people love the most because they don’t have to worry about bankruptcy.

Jim Rogers: How Life Has Changed In Coronavirus Times

Jim Rogers talks about how his life has changed due to the coronavirus health crisis and also how unprepared the United States was not prepared for this.

Markets were overbought before the crisis started and that has not helped.

Other interesting topics:

Peter Schiff says gold is not a fear trade but a hedge against the debasement of the dollar: Gold Isn't A Fear Trade 

Ray Dalio on How To Raise The Probability Of Being Right.  

Coronavirus: The US Was Not Prepared

The United States has not been prepared and has not acted quickly and well. The world has known about the coronavirus for over 3 months yet the United States could not even test one million last week. This is a stark contrast to China, which has brought the virus under control within 3 months and is now helping other countries, while the US cannot solve its own situation.

Ray Dalio Insights (Part I)

Ray Dalio is one of the greatest investors and thinkers of our time. Ray has been sharing some valuable insights on his twitter account and here are a few of the most interesting:

On when to bet (very applicable to traders and investors):

You can significantly improve your track record if you only make the bets that you are most confident will pay off. Knowing when not to bet is as important as knowing what bets are probably worth making.

On not listening to uninformed people:

Make sure they’re fully informed and believable. Find out who is responsible for whatever you are seeking to understand and then ask them. Listening to uninformed people is worse than having no answers at all.

How meditation may help you keep an open mind and a bigger perspective on things:

In thinking about the principles that are helping me and might help you during this challenging time, this is one of them. I practice Transcendental Meditation and believe that it has enhanced my open-mindedness, higher-level perspective, equanimity, and creativity.

These posts will be expanded over the next few days with more interesting principles and topics.