U.S. Dollar: It May Get Overpriced

My largest currency holding is the U.S. Dollar because I expect turmoil in world financial markets. When there is turmoil, investors will be looking for a safe haven. What will happen is that the U.S. Dollar will first get overpriced and if it keeps going, the U.S Dollar may even turn into a speculative bubble.

The World Has a Money Problem and Gold Will Benefit

I own gold but I have not bought any gold for a long time. But I own gold and I am waiting for opportunities to buy more. It it goes down I hope I am smart enough to buy a lot more. Before this is over, gold is going to go up a whole lot and gold may even turn into a bubble. The world has a huge problem with money. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Bitcoin: The Solution For The World's Currency Problems?

The world has a huge problem with currencies and money and the world is looking for solutions. Computers are changing everything we know. I suspect the money problems, the currency problems will be resolved, changed or solved by the computers. Whether it will be Bitcoin or not, I do not know.

The Worst Economic Problems Of Our Lifetime Are Coming

We are going to have the worst economic problems we've had in your lifetime and my lifetime and when that happens a lot of companies are going to disappear. In 200 2008, Bear Stearns disappeared. Bear Stearns had been around for over 90 years. Lehman Brothers disappeared, Lehman had been around for over 150 years. A long, long time.

Interest Rates Are Going Much Higher

When interest rates start going up again permanently, when the bull market does come to an end in government bonds, interest rates are going to go very, very high.

In 1981, short-term in America were over 20 percent. Long-term bonds were yielding over 15 percent.

When interest rates go higher the junk bonds are going to get destroyed both by interest rates and by credit defaults. (SPDR Barclays Capital High Yield Bond ETF (JNK))