November 28, 2014

Yellen`s Put

If the stock market goes down - say, you pick the number, 13 percent, 23 percent, who knows - everyone will be screaming, and Mrs. Yellen and her friends will say, 'Oh, we're sorry, we didn't mean to hurt you,' and they will loosen up again. One way or the other, the markets will heave a sigh of relief, have a big rally, maybe even turn into a bubble, at which point I hope I'm smart enough to try to short stocks in the US.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

November 27, 2014

Crude Oil Price Decline: The Most Affect Countries

It's a fundamental positive for anybody who uses oil, who uses energy. It's not a positive for places like Canada, Russia, or Australia. It seems to me that this is a bit of an artificial move. The Saudis, from what I can gather, are dumping oil because the US has told them to in order to put pressure on Russia and Iran. And it's probably not a real move. I read about shale oil like you do. But at the same time, North Sea production is declining. Russian production will start declining next year. All the major oil fields that we know about — all the production is static or declining. So it doesn't quite add up on any kind of medium-term basis I can see.

Related trading instruments: iShares MSCI Canada Index (ETF)(NYSEARCA:EWC), Market Vector Russia ETF Trust(NYSEARCA:RSX), iShares MSCI Australia Index Fund (ETF)(NYSEARCA:EWA)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

November 26, 2014

Gold Has Not Had A 50 Percent Correction In years

Gold has not had a 50 percent correction in years, which too is unusual. That would be $960 per ounce. I'm not predicting it's going to go there. I'm just pointing out to you there's going to be another chance to buy gold and silver in another year or two or three, I have no idea why.

Related trading instruments: SPDR Gold Trust (ETF) (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX);

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.