Thursday, July 26, 2018

Currencies: Turmoil Ahead

Everything may go down against the US Dollar when the turmoil comes and the US dollar goes up a lot. Everything will go down against it but I suspect that the renminbi will go down less than anything else. When those days come, when currency turmoil comes again you're gonna see a lot of strange gyrations.

Further reading:

The Next Recession

Tuesday, July 24, 2018

Gold: Waiting For An Opportunity To Buy

I own gold. I haven't bought any serious gold in a long time because I expect another opportunity to buy gold under $1,000 USD per ounce. If that happens, I hope I'm smart enough to buy a lot of gold because before this is over gold is going to skyrocket. Throughout history when people lose confidence in economies, governments or currencies they have always bought gold and silver.

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

A Bear Market Will Clean The System

We've had plenty of bear markets throughout history. The world never came to an end. A lot of people go bankrupt, a lot of people suffer. But in the end it cleans the system. Like forest fires. They clean out the forest, in the end the forest can grow faster, better from a sounder base.

Monday, July 23, 2018

Video: Jim Rogers speaking at the Gear Token Event


Jim Rogers speaking at the Gear Token Event (Marina Mandarin Hotel)

Topics: China, blockchain

Friday, July 20, 2018

Investing In 20 Things

If you were only able to invest in 20 things in your entire life, how would you go about it? You would do massive amounts of research before investing, and you’d only invest in sure things.

Thursday, July 19, 2018

Emerging Markets: Venezuela Is High On My List

It's high on my list but I'm not good at timing. But I think there will probably be a better time later to buy Venezuela. But yes, it's high on my list.

Related tickers: iShares MSCI Emerging Markets Index ETF (EEM)

Wednesday, July 18, 2018

North Korea: Kim Jong-un Is Making Dramatic Changes

North Korea today is where China was in 1980 or 81 and I wish I'd invested in China in 1981. 

The kid (Kim Jong-un) has only been there a short period of time. He was educated in Switzerland, so he knows there's another world out there. He's already making dramatic changes he wants to start over he doesn't want to live in North Korea. He'd like to live like they live in South Korea. So change is coming and usually when a country goes from that kind regime is dirt cheap.

Emerging Markets: Colombia 
North Korea: Sooner or Later, A Stock Exchange Is Coming
Investing: South Korea and North Korea
Peter Schiff: "The Economy Is Going To Fall Into a Severe Recession"

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