Millions, Billions & Institutional Buyers

"I still find the difference between millions and billions to be rather mind-bending. One million seconds is approximately 11 days. One billion seconds is approximately 31.5 YEARS!"

-- Sahil Bloom

"Keep in mind that if the institutional investment community doesn't see what you see, your stock could sit dormant for an extended period of time. Why sit and wait when you can put your money elsewhere?"

-- Mark Minervini, momentum stocks trader

Bitcoin: Nothing drops in a straight line

"Don't get excited about Bitcoin being back above $20,000. 20,000 is the new 30,000. This is just another bull trap. Nothing drops in a straight line. In fact, this slow motion crash has been extremely orderly. No sign yet of any capitulation that typically forms a bear market bottom."

-- Peter Schiff

All This Debt Will Cause A Major Bear Market

 

Before this is over we're going to see the worst bear market in in my lifetime. In 2008 and 2009 we had a bad problem because of too much debt. Since then the debt everywhere even in China has skyrocketed! 

So the next bear market when it comes has to be the worst in my lifetime.

Bitcoin Will Not Be The New Monetary Standard

Jim Rogers on the possibility of a new monetary standard: 

"I don't see it being Bitcoin, it might be an electronic currency but it would be government currency. They're not going to give up their power, they're not going to give up their monopoly, because they never have." 

The End Of The US Dollar As A Reserve Currency

No currency ever lasted forever. If you go back and look at history we've had international currencies as the world's medium of exchange that have lasted 80, 100 or 150 years maximum. They've all changed over and over and over since the beginning of time.

The US Dollar has been on top for a while but now as I said we are the largest debtor nation in the history of the world and now we will not let the US Dollar stay neutral. Now, we're using it as a political or an instrument of war so that means nobody in his right mind  is going to want to use US Dollars (as an reserve currency).

Hot Commodities: An Amazon Review

"Highly readable and entertaining. It isn't necessarily going to benefit those who are already very knowledgeable about commodities, nor does this book tell you how to trade commodities. It isn't a practical guide but rather Jim suggests what you should look at when constructing your world view.
In Hot Commodities, Jim presents a strong case for why you should invest in commodities if you are going to invest at all. He doesn't recommend short-term punts or the use of leverage, he admits that if you are capable of trading then that's your prerogative. However, most people who wish to invest are just not suitable for leveraged trading. In fact he advocates simply buying a broad index of commodities rather than trying to pick the best. This corroborates with the findings of Bogle: index investing is best.

His arguments rely upon historical events and examples from his earlier days as analyst, he relates previous examples of the 70s and 80s to the situation we have now. While many people (politicians?) might have blamed speculators for high commodity prices in the 70s, Jim points out that speculation or market manipulation is hard to achieve over a sustained period of time. The cause of inflation, as Jim presents it, is due to something. One part of the high commodities' prices in the 70s was due to the natural cycle of commodities versus stocks (a theory that is fairly unique to Rogers), and the other part is due to the killing of the gold standard plus other monetary / fiscal policies. In the current climate Rogers believes we back in a commodity bull (upward trend) while stocks are bearish (lack of a strong upwards trend). This commodity bull cycle will likely come to an end in 10 - 20 years and then we'll likely be back to a bullish stock market. These long term trends are secular bull and bear markets, Rogers proposes the theory that stocks and commodities are bullish in the counter periods to each other.

Why is the author trustworthy? Anyone that regularly watches Jim on tv will know that he is consistent with his recommendations and analysis. He never claims to be right 100% of the time nor that investing is easy. Rogers comes across as honest and humble. Jim has never compromised his analysis because others dislike what he says. He presents the facts as he sees it and is unapologetic about it. Unlike other contemporary investors such as Soros, Roubini, Buffett whom seem far too willing to bend to the views of a particular government."

Hot Commodities, Amazon Review from Edward A. Thomson

How To Invest.

"After you act, you wait for it to play out. You don't go jumping in and out. If you buy something that you know is going to work, you wait, you wait, you wait. There will be panics, you'll be scared at times, but if you can just do nothing, you'll make money."

-- Jim Rogers