Russia: A Hated Market

Russia was hated 3 years ago. Nobody was putting any money there. Well, I was, but most investors weren’t. It’s got to get better and it is getting better, because Russia is getting better. (Market Vector Russia ETF Trust (RSX))

The US Dollar Will Get Overpriced

People will be scared and the US Dollar will get overpriced and may even turn into a bubble before it's over but then when everybody starts saying, "wait a minute this is crazy", when they start looking at the real fundamental situation then they are going to dump their US dollars and we're going to have a gigantic gigantic crisis.

Why Russian Bonds Are So Attractive

The yields on the Russian government bonds are very high. An investor can get 10 percent in Ruble bonds and in my view the Russian Ruble has stabilized, so it’s a lot better than getting 2 percent in American government bonds.

Russian Agriculture Is Very Prosperous

Russian agriculture is prosperous because nobody can sell to them (due to the sanctions) and they can’t buy any agriculture products from us, so their agriculture is booming. (Market Vector Russia ETF Trust (RSX))

Some US Stocks Are Turning Into a Bubble

Some stocks in the United States are turning into a bubble. The bubble is going to come and then it's going to collapse. You should be very worried. (SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM), iShares NASDAQ Biotechnology Index ETF (IBB), Nasdaq 100 Futures, Technology Select Sector SPDR ETF (XLK))

The Federal Reserve Will Not Save The Market

What's going to happen is they're going to raise interest rates some more then when things start going really bad people will call them and say, "You must save us, the Western civilization is going to collapse" and the Federal Reserve who's made up of bureaucrats and politicians will do something, so they will try but it won't work, it would cause some rallies but it won't work this time.

US Economy: No Signs Of A Recession Yet

I don't see one at the moment but the problem is they always come when you're not expecting them. I would suspect during this year or next it's going to start somewhere that we're not watching. Whether it's Illinois, a pension plan or Madagascar who knows. It's going to start somewhere and then we'll know. But if you look out the window now, everything's great and that's a dangerous sign. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares MSCI Emerging Markets Index ETF (EEM))