If Scotland leaves the United Kingdom, the British Pound can go to $0.80. The Scots have a lot of Oil and if they leave they are going to take the oil with them. (Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), British Pound Futures)
Friday, March 31, 2017
Thursday, March 30, 2017
The Federal Reserve Has No Clue
The Federal Reserve has no clue on what they are doing. They will ruin us all. Why? Because they have driven interest rates to levels which have never seen before and the rest of the world followed. This is all going to end very, very, very badly!
How To Invest: Buying Hated Markets
You are supposed to buy hated markets, you buy what is hated, you do not buy the popular stuff, you buy the depressed stuff.
Wednesday, March 29, 2017
Russia: When I Will Buy Again
I am not buying Russia at the moment but as soon as Crude Oil prices stop going down, I hope I am smart enough to buy a lot of Russian Rubles, a lot of Russian government bonds and maybe a lot of Russian equities. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))
Tuesday, March 28, 2017
Precious Metals: If I Had To Buy One, It Would Be Silver
At the moment, Silver (iShares Silver Trust ETF (SLV)) is cheaper than Gold (SPDR Gold Trust ETF (GLD), I mean, historically Silver is down 70-75% from its all-time high, Gold is not down so much. At the moment if I was buying one, I would buy Silver but I am not buying either.
Monday, March 27, 2017
Forex Market: I'm Skeptical About The Japanese Yen (JPY)
I am skeptical about the Japanese Yen. It will be stronger than the Euro, or less weak, but I would not buy the Japanese Yen.
The U.S. Dollar Is Going To Continue Go Higher
The U.S. Dollar is going to go higher and may even turn into a bubble before this is over if things get as bad as I think they will.
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