Friday, October 13, 2017

Cryptocurrencies Have All The Chracteristics Of An Asset Bubble

I have never owned any cryptocurrencies and I say that with great embarrassment, I wish I had, obviously. But now there are two thousand of them up from nothing a few years ago. This is what bubbles feel like.

Jim Rogers: Bitcoin and Cryptocurrencies



In this podcast Jim Rogers discusses bitcoin and cryptocurrencies.

Gold: Not Buying Yet

If and when gold goes down a lot I plan to buy a whole lot more. People just expect too much from gold, everybody's still bullish, there's still a lot of mystics, you know. Everybody still loves gold including me but I'm not buying, not yet. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Jim Rogers: How Will The Tax Plan Affect The Stock Market



Jim Rogers discusses on Fox Business how the Trump tax plan will affect the stock market if at all.

Thursday, October 12, 2017

Bitcoin: I'm Certainly Not Buying Now

I don't own any crypto currencies,  I never have owned any crypto currencies and I say that with great embarrassment. I wish I had obviously but now there are two thousand of them from a few years ago. I mean this is what bubbles feel like, look like  and sound like as you well know. 

So is it a bubble? I don't know  but it looks like it, it feels like. You look at the charts of Bitcoin and the others, I mean they could look like any other bubble, they all look the same, all bubbles throughout history have looked and felt the same. I'm certainly not buying any now.

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