Chinese Shares Are Probably My Largest Holding

Well, I think my Chinese shares are probably my largest holding. Who knows what is going to happen in the futures but I bought shares in China last week. I am extremely worried about the world going forward and that is going to affect everybody including China obviously. Anybody in China that does business with the west is going to feel the effects but many parts of the Chinese economy are going to continue to boom no matter what happens in the West.

China Stocks Had A Correction, Still Strongest Stock Market In 2015

They had a correction but the Shanghai stock exchange is the strongest stock market in the world this year, it is up almost 50 percent. The American stock indexes and the European stock indexes are up 4 percent.

The U.S. Dollar Is Going To Go Higher As Turmoil Increases Worldwide

The U.S. Dollar is going to go higher as turmoil increases worldwide and as the U.S. dollar goes higher, gold (SPDR Gold Trust ETF (GLD)) and silver (iShares Silver Trust ETF (SLV)),  will probably continue under pressure. At some point the dollar will get overvalued, it may turn into a bubble and I will have to sell my dollars. Then I will put my money into silver and gold and maybe the Renminbi, the Chinese currency which by then should be convertible.  

Technology Stocks In China

Perhaps the technology stocks in China were entering a bubble like that. Not sure it got that developed. If it continued... It was certainly an incipient bubble and we will wait to see if it becomes a full fledged bubble.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

China: There Is No Bubble

No, no. There is not a bubble in China. Some stocks got overpriced, got expensive too fast but it is not a bubble. I have seen bubbles around the world. This was not a bubble, it was an overpriced market but it was not a bubble.

Related trading instruments: iShares FTSE/Xinhua China 25 Index ETF (FXI)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.