Investing: Russian Bonds

I'm not here to give hot tips but one might look at Russian ruble bonds again. They do have high yields and it's not a credit risk. Russia is not going bankrupt whatever happens.

People Think Investing Is Easy. It's Not!

This is 2020 who wants to wait till next week to get rich? We want to get rich this week! We want a hot tip that's gonna make us rich very, very quickly so that we don't have to think about it and that's part of the problem. Everybody thinks this is easy.

COVID 19: Politicians Are Making Huge Mistakes

Jim Rogers comments on the money printing mistakes being done from Central Banks and governments all over the world.

Bitcoin Is Headed To Zero

Virtual currencies beyond the influence of the government will not be allowed to survive—and said the bitcoin price is headed to zero. If the cryptocurrency succeeds as real money, rather than the subject of gambling as it is today, the government will make the cryptocurrency illegal and eliminate it. 

The government likes electronic money. Because with electronic money, you can track when, where, who spent what amount. Governments will have more control over people through electronic money. The government wants to know everything. Controllable electronic money will survive, and virtual currencies beyond the influence of the government will be erased.

The Markets Will Continue Fairly Strong

I would suspect the markets will continue to be fairly strong but the US stock market just made its all-time high because there's so much money being printed and there's so much money being spent and it's gotta go somewhere. But it is going to end, I assure you.

Video Interview: Virus, Debt, Markets

Jim Rogers comments on the current market situation

• Coronavirus
• Debt situation
• Financial markets

Money Printing & Deficit Spending: It Will End Badly

There's an election in November in the United States. None of those guys care about you and me or other people or young people like my kids. They care about the election. They want to print and spend and borrow as much money as they can to win the election. 

We're all gonna pay a very difficult price afterwards. The amount of debt that has been added... America was already the largest debtor nation in the history of the world and in the last month they have added staggering amounts of debt and they continue to add more and they're printing more money.

Nowhere in the history of the world has that kind of action done good things. Maybe in the short term it does good things but nowhere in history has it done good things in the long term.