I am short junk bonds in the United States. I am not adding at the moment. But if the opportunity arises, if junk bonds go up a fair amount I know I will add to that position. And if gold collapses I will add to that position. (SPDR Barclays Capital High Yield Bond ETF (JNK), iShares iBoxx $ High Yid Corp Bond (ETF) (HYG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.