Thursday, December 28, 2017

Why India Has't Done So Well As Other Countries

India used to be one of the great agricultural countries of the world. They have the weather, the soil the rain, the labor and everything else but the government in India protected the farmers. A farmer  cannot own more than 12 acres, that's for their own good, that's to protect them from the evil foreigners etc etc. 

How can somebody with 12 acres compete with an  Australian farmer that has 120,000 acres or a million acres? whatever They cannot compete with 12 acres but the Indian government is protecting all of those poor farmers like they protect many, many parts of Indian economy and that's one of the reasons why India has not done as well as China or other places.

Wednesday, December 27, 2017

Raising Interest Rates May Be The Catalyst For A Drop

It will be a catalyst or maybe the catalyst if that causes the stocks to finally go down. You know stocks have been going up for nine years, that's very unusual in in market history. It doesn't mean they can't go up 19 years without a correction but it's unusual so we're getting closer and closer.

What I said was we're going to have more economic problems and market problems, we've always had them so saying that we're going to have more economic problem it seems to me it's pretty much like saying, "well next next week it's going to rain", I mean it's the way the world works.

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Futures, Russell 2000 Index ETF (IWM)

Tuesday, December 26, 2017

Gold: I'm Waiting For It To Go Down

I'm not selling any of my gold. I'm not buying gold. I'm sitting and watching, I'm still waiting for gold to go down so that I can buy more. (SPDR Gold Trust ETF (GLD))

Friday, December 22, 2017

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)

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