Friday, April 24, 2020

Crude Oil Will Not Stay At Zero

You're already seeing bankruptcies, some shale producers in the United States have declared bankruptcy and some drilling companies, so it's happening.

What happened last night was an aberration (crude going negative in price). I don't think you'll see another one like that. You know, the June contract is over 20 in Europe oil is over 20. So, I don't think that crude oil is gonna stay at zero. It was only one night for one special reason.

Thursday, April 23, 2020

How To Invest

If you could only have 20 investments in your life you'll be very careful. You wouldn't be jumping in and out of something you just read about. That's what you should do!

Shocking How Little Prepared America Was

It's a bit of a shock to find out how little America prepared for this. In China they didn't know it was coming so of course they were not prepared. China, Korea, Singapore, Taiwan and other places seem to have done a much better job of dealing with the virus. America had a three months notice it was coming, the world knew was happening. America did nothing. Last week you couldn't even get a test.

How My Life Has Changed

I cannot leave Singapore if I wanted to because the airports are closed, the airlines are closed and yet most countries are closed. I couldn't go to China if I wanted to, or Korea. So my life has changed a lot I used to travel a lot and now I'm home. Nothing wrong with being at home, quite delighted but it certainly changed my life. I don't go out very much because it's very hard to go out now. So lots of change.

Monday, April 20, 2020

Gold Will Likely Hit New All-Time Highs



Gold will likely hit all time highs on this move. Despite that Silver is cheaper than gold on a relative basis and that is why Jim is buying.

Related trading instruments: iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)

Wednesday, April 15, 2020

Jim Rogers: The Economic Reset Has Begun




In 2008 we had a huge problem because of too much debt the next time it's going to be worse because the debt has gone higher and higher and higher it's a fairly simple statement I'm surprised it got so much attention.


Tuesday, April 14, 2020

What I'm Buying Right Now

I bought some Chinese wine stocks last week. Russian transportation companies, shipping companies. I'm looking, there are things, and if I weren't talking to you, I'd probably be buying Japan right now. The Japanese market went down a lot. They don't care about anything except getting the stock market up, so they're going to be up. Again, this is not sound, this is not good for 12 year old Japanese, but what do they care? This is going to happen.

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