Archives for August 2015

August 2015 - Page 5 of 27 - Money Morning - Only the News You Can Profit From

Jim Rogers: "Don't Give Up on Commodities"

Legendary investor Jim Rogers just spoke with BBC's Radio 4 on Aug. 24, now known as "Black Monday" – the day commodities crashed to their lowest level in the 21st century.

Brent crude oil prices, the international benchmark, have plummeted 18.8% in August so far, dipping below $44 a barrel. Futures have fallen 38.6% from the 2015 high of $69.94 seen just over three months ago. WTI crude oil prices have fallen even more – the U.S. benchmark has tumbled 20% this month, 34.6% this year, to hit below $39 a barrel.

There are ample reasons to be pessimistic about commodities right now.

But according to the famously contrarian Rogers, investors shouldn't rule out a comeback for the depressed sector...

Will China Lower Interest Rates?

With the Shanghai Composite tumbling 16% this week alone and rattling global markets, readers are asking us, "Will China lower interest rates?" The simple answer is that they already have.

The Shanghai Composite finished in the red today (Wednesday) for the fifth consecutive day. The index was up as much as 4% at one point, but finished the session down 1.3% to 2,927.29.

Here's why another rate cut might have little effect on steadying China's markets...

How We're Protecting Against Volatility Now

At the end of 2014, we predicted that the coming year would be defined by extreme market chaos. Shah actually called it "the perfect storm of volatility" in his first investor briefing of the year.

Now that volatility is here with a vengeance.

On Monday, the Dow Jones Industrial Average alone dived more than 1,000 points, then surged 900 points… only to drop more than 400 points again. That's a story that repeated itself on indexes worldwide.

The market's volatility is here, after months of gearing up for chaos. But we're not sweating it - we're making money.

How to Invest Now After Black Monday Volatility

Investors are reeling after this week's volatility, and many are wondering how to invest now following "Black Monday."

After falling 1,089 points intraday yesterday (Monday) and closing down 586 points, the Dow Jones Industrial Average fell another 204 points today. The Dow Jones is now down 12.1% in 2015.

While many on Wall Street were hitting the panic button, Money Morning Chief Investment Strategist Keith Fitz-Gerald was preaching patience...