Thursday, March 5, 2020

The U.S. Stock Market Will Rally Back To New Highs

If you ask me today, I would say we would make new highs in the US stock market. Now I use that since it is the largest and most important stock market. I would suspect we would see new highs. We may even have a blow-off bubble. It has been a while since we have had a blow-off bubble in any stock market in the world. So it may turn into a bubble. I do expect at least new highs before the whole thing collapses. 

- in Economic Times (March 4, 2020)

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

Interest Rates Will Go Even Lower

I expect things to be OK for a while in nearly all markets, including bond markets. These guys are going to drive interest rates to unbelievably low levels. This is not good. I want to tell you again, this is not good for the world. But it is good for the markets for a while. 

- in Economic Times (March 4, 2020)

Markets Are Going To Be OK For a While

So now the markets are going to be okay for a while. We may even turn into a huge bubble, because they are going to print a lot more and they are going to spend a lot. It means, in the end, things will be worse, but in the meantime happy days are here. 

- in Economic Times (March 4, 2020)

Monday, March 2, 2020

Market Sell-Off: What To Buy

American stocks are down 14 percent. I mean, that's a big deal but you know, China is like 60 percent from its all-time high, Japan also. No, I would probably buy airlines in Asia because they have been decimated, totally decimated! Things like airlines, tourism companies, hotel chains, airports.

Sunday, March 1, 2020

The Reason Why Gold Sold Off

Everything is going down and you go back to previous bear markets, 2008 for instance, everything went down including gold. For a while gold went down a lot. Usually in bear markets people have to sell and they sell everything in sight including gold and that's when you buy gold. I'm gonna go buy this afternoon!

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

Corona Virus: Interest Rates, Money Printing

What you have in Asia and other places is, governments are panicking and they are cutting interest rates, printing money, spending money.

The United States is probably going to do that too if they get more and more panicked. if you start seeing cases in New York or Los Angeles or places where the media is. Then they're gonna cut interest rates, they're gonna spend more money and print more money and that might lead to the last big blow off rally.

How To Navigate This Sell-Off

Jim Rogers talks with Kitco News and tells traders and investors how to navigate this major sell-off in the markets.

"Living in Asia, yes, the shops are empty, yes, the restaurants are empty because everybody's in panic but very few people are sick." - Jim Rogers

"The virus, more or less is peaking.  Certainly in China. Because they took draconian measures. They closed the whole place down which you probably couldn't do in most countries but they did it. So, it's it's in decline,  it's in decline in Asia but still the effects are going on planes or restaurants or empty hotels. There's nobody there so it's having an effect." - Jim Rogers

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