Thursday, February 16, 2017

Donald Trump and trade wars

Mr. Trump has also said he's going to have trade war with China, Mexico, Japan, Korea a few other people that he has named. He swore that on his first day in office he would impose 45% tariffs against China. He's been there three weeks, two or three weeks and he hasn't done it yet but he still got it in his head I'm sure or maybe he's just another politician like all the rest of them. He says one thing and he doesn't mean it at all but he does have at least three people in high levels in his group who are very, very keen to have trade wars with China and other people.

If he does that.... it's all over. I mean history is very clear that trade wars always lead to problems, often to disaster, sometimes even to real war, a shooting war. So I don't know, I'm not sure Mr. Trump knows. He said so many things and many of the things are contradictory. Now if he's not going to have trade wars with various people then chances are for a while happy days are here...

[The dollar is] going to go too high, may turn into a bubble, at which point I hope I'm smart enough to sell it because at some point the market forces are going to cause the dollar to come back down because people are going to realize, oh my gosh, this is causing a lot of turmoil, economic problems in the world and it's damaging the American economy. At that point the smart guys will get out. I hope I'm one of them.

Wednesday, February 15, 2017

Voter fraud Democrats vs Republicans

Well I do know that during the last administration, Mr. Obama's administration as you probably remember we started, we tried to pull of an illegal coup in Ukraine, we got caught at it, what's her name, Victoria Nuland, whatever the woman’ name the State Department they have there several pieces of evidence where we know she tried to instigate an illegal coup then of course the Russians outsmarted us and so the State Department started blaming it on the Russians and the hype against the Russians has gotten bigger and bigger ever since after we started-- or tried to start, tried to instigate the illegal coup Crimea and Ukraine.

So yes we are certainly at fault to some extent and obviously you then, when you're caught you've got to keep the rhetoric up and keep throwing more and more accusations and so the State Department has done that.

I know that before the illegal coup Obama, Bush everybody was trying to be friends with the Russians rightly so, cold war had ended long ago, the Russians wanted to be friends with America. We didn’t need NATO anymore. Who needed the Cold War etc. all the money we were spending on some of these arms manufactures and soldiers so until the illegal coup took place we were all trying to be great friends you remember George Bush said I looked him in the eye and he's a man I can admire and work with etc.

So now of course the Democrats especially since they lost the election are trying to blame it on the Russians. It's unfathomable to me how the Russians could have determined the outcome of the elections. Maybe they planted a story a two but so what? It's inconceivable to me that the Russians could influence much less determine the election.

I think if we start having investigations of the illegal voting I'm afraid we're going to find more for the Democrats than for the Republicans places big cities in America won't name names but so far the few investigations that have taken place we find that the voting irregularities are in big cities which are Democratic strongholds.

Monday, February 13, 2017

People and countries are going to dissapear


Get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.


In 2008 Bear Stearns disappeared, Bear Stearns had been around over 90 years. Lehman Brothers disappeared. Lehman Brothers had been around over 150 years. A long, long time, a long glorious history they’ve been through wars, depression, civil war they've been through everything and yet they disappear.

So the next time around it's going to be worse than anything we've seen and a lot of institutions, people, companies even countries, certainly governments and maybe even countries are going to disappear. I hope you get very worried.

When you start having bear markets as you I’m sure well know one bad thing happens and another bad thing happens and these things snowball just like in bull markets good news comes out then more good news comes out the next thing you know you're five or six or seven years into a bull market.

Well bear markets do the same thing and so we have a lot of bad news on the horizon. I haven't even gotten to war. I haven't even gotten to trade war or anything like that but you know things do go wrong.

Wednesday, February 8, 2017

Indian stock market could face a correction

I like India and always hope that there will be an opportunity to invest here. However, I do not have any investments here [in India]. Nearly all markets have gone up in the last couple of months. I did not invest in any markets in the last two months. I don't think I will invest in India, as the markets have run up sharply. I think Indian stock markets will correct going ahead. 

That apart, the government has not opened up the currency and the other markets as much as I would like.

Tuesday, February 7, 2017

Jim Rogers fracking and markets interview with GoldSeek Feb 2017



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, February 6, 2017

Everyone will suffer in a Trade War


I am not sure what Donald Trump will do next, and I am not even sure even he knows what he will do next. He has been saying a lot of things, including having trade wars. So, I suspect he will have trade wars with other economies going ahead. Trade wars have always been bad for everybody, and no one has ever won a trade war. If he does do it, it will be bad for us all - be it India or the US; everyone will suffer.

Markets
I am not really investing. I am still in a wait-and-watch mode. I did buy more in Russia recently. Russian government bonds have very high yields. The Rouble has probably made its bottom. So I did buy more Russian government bonds. However, for the most part, I am watching if trade wars are going to erupt; and then none of us will have a good time.