I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk. (Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX), Novagold (NG), Barrick Gold (ABX))
Tuesday, April 4, 2017
Monday, April 3, 2017
Favorite Emerging Market
As soon as oil stops going down, I hope that I am smart enough to buy a lot of Rubles. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))
Friday, March 31, 2017
If This Scenario Unfolds, The British Pound Can Crash To $0.80
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)
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.
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