I Bought Russian Stocks Last Week

I bought some Russian stocks last week and Russian bonds a week before. Agriculture is extremely depressed...these are places that I'm looking at. (PowerShares DB Agriculture Fund (DBA), Market Vector Russia ETF Trust (RSX))

Investing In Russia, China and Japan

I'm investing in Russia and China and Japan. These are markets that are down 50 percent from their all-time highs, while the US markets are trading at all-time highs right now. (Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Japan ETF(EWJ), Nikkei 225 Index)

The Worst Market Crash In My Lifetime

In 2008 we had a problem because of debt, the debt in 2008 was nothing compared to what's happening now. In 2008 the Chinese had a lot of money saved for a rainy day. It started raining and they started spending the money.

Now even the Chinese have debt and the debt is so much higher. The Federal Reserve's balance sheet is up over five times since 2008. It will be the worst thing in my lifetime. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA))

What's Going To Trigger The Next Market Collapse

It could be an American pension plan that goes broke and many of them are broke as you know, it could be some country we're not watching, it could be all sorts of things. It could be war, unlikely to be war but it's going to be something. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM))

Stock Market: Crash Later This Year Or Next

What's going to happen is this going to continue, some stocks in America are turning into a bubble the bubble is going to come and it's going to collapse and you should be very worried. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Facebook (FB), Apple (AAPL), Amazon (AMZN), Tesla Motors (TSLA))

A Bubble Is Forming In Amazon (AMZN)

Stocks in the US are overpriced a bubble is forming in Amazon (AMZN) and things like that but it was not a bubble yet no, no. You've seen bubbles, I've seen bubbles, I know one is forming but I don't see a bubble yet. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Futures)

Markets: Buying Japanese Stocks

I'm looking at markets in Japan, Russia and China. These markets are all depressed compared to history. I have been buying Japan for a while. (Nikkei 225 Index, Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM), iShares FTSE/Xinhua China 25 Index ETF (FXI))

Video: Investing In Russia, Japan

How I Am Invested In Russia

I have individual shares I have Russian government bonds have yields very, very high you can get 10 percent in rubles and I in my view the ruble has stabilized so it's a lot better than 2 percent in America. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))

Eventually The Junk Bond Market Is Going To Collapse

I know that the junk bond market is going to totally disintegrate someday but I'm hopeless in market timing. I know it's going to fall apart someday but in the meantime because my market timing is so hopeless I'm losing money but eventually the junk bond market is going to collapse. (SPDR Barclays Capital High Yield Bond ETF (JNK), iShares iBoxx $ High Yield Corp Bond (ETF) (HYG))

The Most Dangerous Words In The Investment World

You see throughout history all bubbles look the same, all market tops look the same, all credit tops look the same. You have to get the timing right of course, but when you see everybody buying X you have to start saying well, wait a minute, I've seen this before when you see everybody saying it's different this time but it's never different this time.

The most dangerous words in the investment world are it is different this time. It ain't ever different this time, you know. I'm not the first person to figure that out when you see on the radio or the TV or the internet that everybody is doing something I hope that a little bell goes off in your head and says well, maybe it is better to start thinking about going the other way.

Are Great Traders Born?

I don't think you go to school to learn to be a great trader, either you have it or you don't.

India: Large Debts Means Not Being Able To Grow Rapidly

India has a lot of debt, the Indian government doesn't like to talk about them but the debt the GDP ratio is very very high in India and it's getting higher and higher and higher that usually means you cannot grow at a rapid rate. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))

The US Dollar Is Going To Get Overpriced

The US dollar is going to get overpriced and it might even turn into a bubble as the turmoil gets worse and worse. At that point I hope I'm smart enough to sell my US Dollars and buy something else.

How To Look For Potential Investments

You look out the window, you look at the market, you read the newspapers, you listen to the investor's podcast, whatever. Wherever you see that people are down on something and it's depressed and there may be an investment opportunity there.

Agricultural America is pretty depressed right now as you probably know and maybe it is an area where there's a opportunity but just because something's depressed that doesn't mean you should be investing there because it can stay depressed for a long, long time. You have to find a change that's taking place 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 a potential investment.

Gold Is Not A Currency, Just A Commodity Like Any Other

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 been in a bear market. It's just another investment. I know that many people think it is a currency but gold is just another investment like everything else, just another commodity like everything else. Go back in history and you will see that gold is just another investment like everything else whether we like it or not. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

When I'll Want To Invest In Gold

When they say I never want to invest in gold (SPDR Gold Trust ETF (GLD)) again as long as I live that's when I want to invest in gold that's true of many things you know when everybody gives up and throws it out the window that's usually a good time to buy anything including gold and so far as there were too many people who loved gold. 

Gold Has Not Had Enough Of A Correction

You know gold has not had enough of a correction yet for me and there's still too many gold bugs out there and when they give up I hope I'm smart enough to buy gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Agritrade Resources Is Intriguing

Agritrade Resources is intriguing to me since it is in coal business which most people don’t like and it is in Indonesia, which some people don’t like also. (Jim Rogers has taken an advisory role to the board of Agritrade)

Gold Has Not Had Enough Of A Correction Yet

If gold collapses to $950 an ounce I would rush in and buy a lot of gold. Price is the main determinant. Time also, if this was 2019, I would rush in and buy some gold. Gold has not had enough of a correction yet and there are still too many gold bulls. (SPDR Gold Trust ETF (GLD))

Markets: The Chinese Economy Will Slowdown

The Chinese economy will certainly slow because its customers are slowing. Some parts of the Chinese economy have a lot of debt and that is going to cause problems in China. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM))

Stock Market: The Impact of Higher Interest Rates

Higher interest rates are definitely coming from the market  and from the Federal Reserve and what that does to the stock market, we will see.

Traditionally, when the Federal Reserve raises interest rates three times you should become very worried and on the fourth you should not be worried, you should run for the hills.

These Commodities Are Bottoming

Agriculture, oil and base metals are in the process of making a bottom. We will all look back in a few years and say, "what a good opportunity that was." (PowerShares DB Agriculture Fund (DBA), Nymex Copper Futures, Nymex Crude Oil futures, United States Oil Fund LP ETF (USO))

Gold Is Trying To Find A Bottom

Corrections and rallies are very common in all markets, does not matter what the market. What we are seeing is the process of gold trying to find its bottom. In my view it is not here yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

India: Not One Of My Favorite Stock Markets

India is not one of my favorite stock markets (one of the reasons being) it is at an all-time high. I do not like to buy stocks when markets are at an all-time high as I do not want to get on a moving train because when you do that you will get hurt. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI))

Markets: There Is Nothing Really Cheap In India

I do not really know about the valuations in the Indian stock market at the present time but I do not know of anything that is really cheap in India. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)

The Party In Stocks Will End Soon

The Indian stock market is not the only one going through the roof, look at European stocks and the US indexes. I think the party in stocks will end soon, but I am very, very bad at timing it. (SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)

The Future of Money: Bitcoin, Digital Currencies

Will it be Bitcoin? I don't know. But it's going to be electronic money and over the computer. One of the reasons is because politicians do want to get rid of cash. They don't like us all having cash because if it's cash they don't know what we're doing with it. Maybe your are going to see your girlfriend or maybe we're drinking whiskey or buying marijuana or something they want to know. 

They want to control it so if all our money is electronic the politicians can completely control us and so therefore their favor of getting rid of cash. So it's going to happen. I'm not in favor of it by the way, you know, I want to go have a drink with you, give it to my girlfriend or something else but they don't like that.

Markets: US Dollar, Gold, Silver & Chinese Currency

The US Dollar is going to go higher as the turmoil increases worldwide. As the US Dollar goes higher, gold and silver will probably continue under pressure. At some point the US Dollar will get overvalued may turn into a bubble. I will have to sell my US Dollars and I will put my money into gold and silver or maybe the renminbi the Chinese currency which by then should be convertible. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))

You Should Be Buying Russia, Not China

At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know. (Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI))

Finding Investment Opportunities in Vietnam

I am not buying any stocks in China at the moment but if I were not so lazy in my investing those days, I would probably be finding some opportunities to invest in Vietnam, which has a stock market. (Market Vectors Vietnam ETF.(NYSEARCA:VNM))

The Future Of Money Will Be Digital

We do have a gigantic money problem in the world, so I suspect that the solution as things get worse will be some sort of electronic or computer money. Now, will it be Bitcoin? I do not know. But it is going to be electronic money and another reason for that is that politicians want to get rid of cash.

Crypto Currencies

They are on my radar but I do not own any digital currencies, I never had, I never quite got it. The world does have currency problems, money problems, and these problems are going to get worse. Everything in the world is being changed by the computer and it will continue to be.

Mining Stocks: Is There a Risk of Nationalization?

I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk. 

Russian Stocks Are Still Cheap

At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know.

Why You Shouldn't Buy India Right Now

The Indian stock market is not cheap. I do not like to buy things that are going straight up, making all time highs. As I have seen many times in my life, when people jump on a moving train, you are probably going to get hurt. (iShares MSCI Emerging Markets Index ETF (EEM))