Market Outlook: US Stocks, Commodities, Bitcoin

"I suspect US stocks will go up for a while and then down by this time next year."

A video market update on the stock market, commodities and Bitcoin.

I'm Not Buying Stocks Here

I'm not a buyer here. Stocks have been going straight up, I don't like to buy straight up.

Related trading instruments: Russell 2000 Index ETF (IWM), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

50 Years Ago, Burma Was The Richest Country In Asia

Fifty years ago, Burma was the richest country in Asia. They closed off, got the foreigners out and fifty years later Myanmar was the poorest country in Asia.  

Related trading instruments: iShares MSCI Emerging Markets Index ETF (EEM)

Investment Opportunity: Agriculture In The US

Agriculture in America is pretty depressed right now as you probably know maybe an area where there's an investment opportunity. But just because something is depressed doesn't mean you should be investing there because it can stay depress for a long, long, long time. You have to find a change that's taking place as well. Something can be depressed from 15 or 20 years, you have to find the change and change doesn't happen every day but if you can find something cheap and if you can find a positive change maybe you should do more homework and find an investment.

Related: PowerShares DB Agriculture Fund (DBA)

Investing: The Right Time, The Right Asset

Futures or calls at the right time on the right item will make you a staggering amount of money.

Gold Is Just Another Commodity

Investing is qualitative, quantitative, it's everything. I mean, I wish it was that simple. I wish you could just look at turn to page 37 and say ah there's the answer. There is no simple answer in the investment world, it's a combination of everything and that's the case with gold and everything else. Gold has been around for thousands of years, gold has had many periods when it's been in a bull market and many periods when it's in a bear market. Gold it's just another investment. I know that many people think it is a currency, gold is just another investment like everything else. Just another commodity like everything else.

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

Bitcoin: Bubbles Can Go On For A Long Time

If I just took out the facts of this industry whatever you want to call it, sector, you know ten years ago there were none. Now there are over 2,000 and if I gave you that fact and then I showed you the charts of 100 of them or a thousand of them and they all go straight up you would say whatever what is that that's a bubble, whether it's cotton or Brazilian stocks or whatever it happens to be you would say that's a bubble. So it looks like a bubble but bubbles can go on a long time a lot you and they often do but just because it looks like a bubble doesn't mean it's the end of the story.