Editor’s Note: Earlier this week 12% Letter editor Tom Dyson put out a Jim Rogers teaser, “The World’s Cheapest Stock Market Is Ready to Soar.” Turns out Jim is investing in Taiwan. Taiwan is cheap. And there’s a catalyst: a new Taiwanese president means trade between Taiwan and China is booming.
An interesting piece from Stansberry Research’s Tom Dyson. A bit of a teaser though. Tom is tipping one international stock market soar.
Today, I’ll share with you the biggest mistake I made this year. I didn’t follow the “secret.” It’s a simple secret. And I should have known better.
Brazil has had some good fortune lately. On April 30, Standard and Poor’s upgraded the entire country and nine of Brazil’s banks to “investment grade.”
When asked about their outlook for the crisis-ridden U.S. housing and financial-services markets, two U.S. financial experts provided outlooks that completely contradicted one another – once again underscoring how tough it is for investors to predict when the U.S. economy will turn around.
Billionaire investor Jim Rogers thinks China will be the world’s next superpower.
The man who co-founded the Quantum Fund with George Soros has left the US with his family and moved to Singapore. Meanwhile, the LA Times reports a growing wave of Chinese businesses are expanding into the US.
From Spartanburg to Los Angeles they are building factories, buying companies and investing in business and real estate.
Today’s Whiskey is a special excerpt from legendary financial mind Jim Rogers’ book, Hot Commodities. In this essay, Jim explains away some of the myths many people associate with commodity markets.
They call him the Indiana Jones of finance. He arrived in Manhattan in 1968 with $600. He retired 12 years later with millions. No one knows for sure, but these days, the rumors say he’s worth several hundred million.
Where is ANWAR? This is what thousands of investors are searching the internet for following President Bush’s attempt to persuade Americans that high oil prices are due to the fact that Congress has “repeatedly blocked environmentally safe exploration” there.
For those confused by Bush’s statements today, ANWR (the correct spelling) stands for Arctic National Wildlife Refuge. Bush claimed today that Congress’s refusal to open the reserve for exploration is a major contributor to sky-high oil prices.
With oil prices nearing $120 a barrel following supply outages in Nigeria and the North Sea, one oil price prediction is looking scarily accurate.
In December, Money Morning Investment Director Keith Fitz-Gerald publicly forecast that oil prices will reach $187 a barrel within three years. In mid-March, he reiterated this projection.