Thursday, November 9, 2017

Q: Are you buying or selling gold at the moment?

Neither at the moment. I own a lot of gold and silver. I haven't bought any serious gold in a few years.

I'm waiting for gold to go down more at which point I hope I'm smart enough to buy a lot more gold because before this is over gold is gonna go up a lot, it's gonna get very overpriced, it might even turn into a bubble. I hope it doesn't turn into a bubble because then I'll have to sell and I don't want to ever sell my gold, my children will have my gold someday. But no, I am a potential buyer, I have never sold any, I don't expect to sell any gold unless and until it becomes a bubble someday.

Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX)

Wednesday, November 8, 2017

Sooner or Later Governments Are Going To Crack Down On Crypto Currencies

Governments could issue their own crypto currencies, they could control it that way because governments don't like any of this. They don't like gold for that reason, they want to be able to control everything.

Related trading instruments: Bitcoin, SPDR Gold Trust ETF (GLD)

Tuesday, November 7, 2017

Investing: My Thoughts On Japan

Japan has staggering debt as we all know, they have a declining population and the debt is going through the roof. Mr. Abe says he's going to do whatever it takes, he'll print as much money as it takes and he'll spend as much money as it takes. That cannot last. It never occurred to me that the next financial crisis might start in Japan but Japan is certainly certainly going to be a big  problem!

By the way I own Japanese shares and I'm buying more Japanese shares today just so you know but if I were a ten year old Japanese I would get myself an AK-47 or I would leave because in his lifetime or her lifetime that place is going to be a disaster.

Related trading instruments: Nikkei 225, Topix Index, iShares MSCI Japan ETF (EWJ)

Monday, November 6, 2017

Currencies: I Expect The UD Dollar To Move Higher

I have a lot of US dollars because when the turmoil gets worse many people look for a safe haven. Investors think the US dollar is a safe haven. It's not, America is the largest debtor nation in the history of the world and the debts are going higher but everybody thinks it's a safe haven so the US dollar will go higher and it might even turn into a bubble. I hope at that point I'm smart enough to sell it and put my money somewhere else. It might be gold, who knows where it will be but at the moment I own a lot of US dollars.

Friday, November 3, 2017

Q: Where To Invest (Iran, Nigeria or Kazakhstan)?

Iran, Nigeria or Kazakhstan... Well, my first reaction is Iran but it would be very, very difficult for me because I'm an American. So, I guess I would have to say Kazakhstan. (iShares MSCI Emerging Markets Index ETF (EEM))

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