Sunday, December 21, 2014

Should have shorted the Euro and Swiss Francs

I’m not sure what the Swiss franc should’ve been, we all should have been short the euro and the Swiss franc. I have been long in the dollar, U.S. dollar . . .  which is the other side of that trade, but at the same time, I guess I should’ve shorted the euro. I just went along with the dollar… not because I have a lot of confidence in the dollar. 

Wednesday, December 17, 2014

Jim Rogers not worried about Russia

They [Russia] still have huge foreign currency reserves. This is helping their balance of trade, obviously. They still get paid for oil in dollars. And it’s certainly not – it’s not causing imports to go up in Russia with the currency collapsing. So I don’t see it as a crisis. They have many debts coming due – U.S. dollar debts, which I would suspect they can finance. But, again, I haven’t sat down and put pencil to paper to really determine whether it can be done or not.

Monday, December 8, 2014

Agriculture is a long term bull market because ....

More people in America study Public Relations than Agriculture. The basic problem in agriculture still exists.

Jim Rogers

Warren Buffett

Nouriel Roubini