Many people that are investing in the stock market know the trade wars are bad, they know that tariffs are very bad for the economy. Nobody wins trade wars, nobody ever has. Everybody suffers and when this happens and Mr. Trump starts talking the market goes down because investors know Trump doesn't understand, he's got a couple of advisers who don't understand. Trump thinks he's smarter than the history.
Friday, April 20, 2018
Thursday, April 19, 2018
One of the things I've learned is the market always fluctuates, it's always going to do that. For a while we've been having fluctuations because of the trade war. I hope that's going to calm down soon, market will have a rally and you should be worried about next year and the year after.
Wednesday, April 18, 2018
Tuesday, April 17, 2018
In my view, and I have a little bit of experience, when there`s a lot of bad news and something like gold does not go up, it means its not going to go up. The correction is not over for gold.
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
Monday, April 16, 2018
I don't think this is the beginning of World War 3 (WW3) but be worried because certainly in the next couple of years Mr. Trump could do something. I'm worried anyway, I'm watching closely.
Wednesday, April 11, 2018
I'm the world's worst market timer, I'm a horrible short-term trader but I expect gold to go under a thousand at which point I hope I'm smart enough to buy a lot of gold.
You're gonna see a lot of strange gyrations but I own the Renminbi. I don't want to own the Euro currency I don't want the British Pound I don't even want to own the Swiss Franc. You know most currencies are very seriously flawed compared to the Renminbi which also has flaws but in the meantime I own it now.