Crude Oil: There Will Be Wonderful Opportunities

I thought that crude oil had stopped going down whatever bad news came out but obviously more bad news came out and it kept going down. So what I said at that time was that you could start buying a small amount, I did buy a small amount but now I am not buying.

It looks to me when you have something like this happening it usually develops momentum and goes down for a while. But somewhere along the line there is going to be a great opportunity to buy crude oil, to buy Russia, to buy countries that produce oil. It is going to be wonderful before too much longer.

Related ETFs: Market Vector Russia ETF Trust (RSX), United States Oil Fund LP ETF (USO), iShares MSCI Emerging Markets Index ETF (EEM), Energy Select Sector SPDR ETF (XLE)

Where To Invest: Chinese Tourism

You already know that Chinese tourism is exploding. Do not expect that Chinese tourism is now going to dry up. There are 1300 million Chinese. They had not been able to travel much for the past 300, 400 years. Now its easy to get a passport. They will be traveling in their own country and they are certainly going to travel around the world. Chinese tourism is one of the great growth industries of our time.