How The Gold Market Will Make A Bottom

Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), Goldcorp (GG);

Gold: Waiting For The 50 Percent Correction

Related trading instruments: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), Goldcorp (GG)

Investing: Do You Have Trouble Admitting You Are Wrong?

Your personality makes a difference. You have to look into the mirror and be absolutely candid about your own attitude toward risk, your ability to admit to having made a mistake, and your willingness to stray from the herd. If you have trouble admitting you are wrong, commodities will be as hard a school as any other investment area. Experienced commodities traders know that they will be wrong lots of times.

Related commodities: Nymex Crude Oil Futures, Gold Futures, nited States Oil Fund LP ETF (USO), United States Natural Gas Fund (UNG)

Gold: Waiting For Total Despair To Buy

Topics: 

- When to buy gold again;
- Gold price outlook;
- Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)
- Related Exchange Traded Funds: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)

The Best Traders Are Maestros Of Timing

I, for example, am the world`s worst trader. The best traders are maestros of timing. Knowing when to get in and get out, they enter and exit markets fearlessly. Over decades I have learned the best way for me to make money is to find something cheap that I lil, take a position, and hold it for the long term. i am a lousy trader, and I avoid "short-term" investments.

Commodities Vs. Stocks

At times I prefer commodities over stocks. There are times where commodities should be shorted. It just depends on the supply and demand situation, where the world is, that cycle that is going on, on that particular point in time.

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Indx (ETF) (EEM), Nymex Crude Oil Futures, SPDR Gold Trust ETF (GLD)

Investing Is A Hard Work

Yes, you can do it but investing, at least for me, is a hard work. It takes a lot of time, energy, effort. It is something you can not sort of sit around, look it is a Saturday afternoon, I am going to do my stock market research and then I am going to be successful.

Views On Algorithmic Trading

There are always new ways to invest, there always have been since the beginning of time. And these guys that do algorithmic trading, I mean, if they know what they are doing, if it works for them, they should do it.

I would not have a clue how to do it, but that does not mean other people should not do it and should not continue to do it. It adds some liquidity to the market and I am sure it is going to cause problems at times, most things do, eventually, when they are overdone. But that is what the market is.

Markets Do Foolish Things At Times

You make sure that if there is going to be a setback, you do not get wiped out. You keep enough reserve because markets do foolish things at times, you know.

If you are too over leveraged you are going to lose everything, even if you might be right in the long term.

Related trading instruments: Nymex Crude Oil Futures, SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Index Futures, S&P 500 Index Futures;

The Way To Get Rich

The way you get rich is, you focus. You find something really good and you focus and that is how you get rich. You do not get rich diversifying.

Investing Lessons

Related topics: Wall Street, IBM, options trading, investing lessons, hubris;

The Money Will Come

Investing: One Of The Best Rules

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people, not that I am better than most people, always have to be playing. They always have to be doing something. They make a big play and say, "Boy, I am smart, I just tripled my money." Then they rush out and have to so something else with that money. They just can`t sit there and wait for something new to develop.

Gold: Looking To Buy Under 1,000 Dollars

Related trading stocks and Exchange Traded Funds: Barrick Gold (ABX), Goldcorp (GG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)

Trophy Assets: Chinese Buying Of The Waldorf-Astoria

It is staggering what they paid for the Waldorf-Astoria Hotel. A 1.9 billion dollars! It is unbelievable, they will never make any money out of it.

Gold: Waiting For A Better Opportunity To Buy

Related trading instruments: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX)

Crude Oil: Price Decline Is Artificial

Topics: Crude Oil price decline, OPEC;

Related stocks and Exchange Traded Funds: Exxon Mobil (XOM), Chevron (CVX), Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures

Alibaba (BABA): The Market Top In Technology?

If you bought it on the offering, you made a lot of money. Otherwise, you lost a lot of money. So, I did not buy it, I am not important enough to get shares at the offering, so I did not buy it. It may be a sign of the top in technology. The technology market in the U.S. has been suffering since.

Related trading instruments: Nasdaq 100 Index, Alibaba (BABA)

Russia: The Market Got Smashed

Related trading instruments: Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Indx (ETF) (EEM)

Investing: Don`t Rush To Buy What Is Hot

Whenever I see everyone rushing to bet their money on what`s hot, I remind myself of Bernard Baruch, the Wall Street legend and adviser to U.S. presidents. During the stock-market craze of the late 1920s, Baruch stopped for a shoeshine one day and the guy working on his shoes began giving him stock tips. His shoes looking fine, Baruch headed back to the office and sold everything!

Slowing Growth In China

It is a good thing that China is slowing down. They had a property bubble, they have had too much inflation, too much overheating. So its always good when you slow something like that down. Now people that are suffering, do not think it is good but in the big picture, it is good for all of us.

Related trading instruments: iShares FTSE/Xinhua China 25 Index  ETF (FXI), PetroChina (ADR) (PTR), China Unicom (ADR) (CHU), China Mobile  (ADR) (CHL), Aluminum Corp. of China (ADR) (ACH), iShares MSCI Emerging Markets Indx ETF (EEM)

Russia: Wildly Bullish On Russian Agriculture

I am wildly bullish. Russian farms are very, very cheap. Russian agriculture has a great future. Its vast lands, fertile lands and they haven`t been ruined like in may other places. I am optimistic about russian agriculture.

Related: Market Vector Russia ETF Trust (RSX)

Russian Stocks: Opportunity To Buy?

I did buy Russian shares back in March, I was optimistic in June, I have been optimistic. They have gone back down and as we speak, I am sitting here thinking about wether I should stop in and start buying.

Related ETFs: Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Indx ETF (EEM)

Gold: It`s Not Time To Buy, Yet

Related trading instruments: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX)

Crude Oil: We Are Going To Correct A Bit More

Related trading instruments: United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil Futures;

Successful Investing: Psychology Is Very Important

Anyone with any experience in the stock market already knows how important psychology is to successful investing. Emotion can drive the markets up and down, and the mind-set of individual investors fires those emotions. We all panic. Everyone.

Related trading instruments: Nymex Crude Oil Futures, SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Indx (ETF) (EEM)

India: Exuberance May End Soon

Related trading instruments: iShares MSCI Emerging Markets Indx (ETF) (EEM), WisdomTree India Earnings Fund ETF (EPI)

India: So Far Nothing Has Happened

Related trading instruments: iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI)

You Cannot Be Successful Without Understanding Commodities

Commodities are so pervasive that, in my view, you cannot be a successful investor in stocks, bonds, or currencies without understanding them. You must understand commodities even if you only invest in stocks and bonds. Commodities belong in every truly diversified portfolio. Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy.

Related trading instruments: United States Oil Fund LP ETF (USO), United States Natural Gas Fund (UNG), SPDR Gold Trust ETF (GLD), PowerShares DB Agriculture Fund (DBA)

"Certainty" Is An Incomprehensible Word To A Rational Investor

I am not certain about anything. "Certainty" is an incomprehensible word to any rational and responsible investor. Only political ideologues, religious fanatics, and other madmen believe they have all the answers. Happily, you need neither omniscience nor certainty to get rich. All you have to do is pay attention to where the opportunities are in the markets, keep an eye out for major changes that might affect them, and then act rationally and responsibly.

Bull & Bear Markets

Human beings can make markets move in strange ways. The last leg of a bull market always end in hysteria; the last leg of a bear market always ends in panic.

Related trading instruments: SPDR Gold Trust ETF (GLD), SPDR S&P 500 ETF Trust (SPY), Nymex Crude Oil Futures (CL_F), Gold Futures (GC_F)

Investing: The Losses Will Kill You

If you compound your money at 9 percent a year, you are better off than investors whose results jump up and down, who have some great years and horrible losses in others. The losses will kill you. They ruin your compounding rate, and compounding is the magic of investing.