“The American government is printing gigantic amounts of money”
“That’s going to be the worst problem. They’re propping up everyone in sight. Historically, when you’ve done that, it’s led to inflation, sometimes runaway inflation.”
Inflation or runaway inflation will be our concern in the next few years once the dust settles.
December 31, 2008
Jim Rogers on Metals
"Mines are closing. For example Zinc is selling blow the cost of production. No new mines will open in the next few years and some will surely close. That means supply is going down."
Jim Rogers is very bullish on metals because the supply side is being affected and it takes several years to open new mines. Once demand picks up, prices will skyrocket.
Jim Rogers is very bullish on metals because the supply side is being affected and it takes several years to open new mines. Once demand picks up, prices will skyrocket.
December 29, 2008
Jim Rogers Latest Interview
Watch Jim Rogers`s latest Bloomberg video interview with his 2009 Investment Outlook:
JIM ROGERS VIDEO INTERVIEW
JIM ROGERS VIDEO INTERVIEW
December 26, 2008
Jim Rogers on Oil
Jim Rogers, the famous Indiana Jones investor said today that Oil Reserves are dropping 7% a year. These drop in reserves will cause serious supply problems in the near future. Jim Rogers concludes "Oil will make a big comeback" on his Investment Outlook for 2009.
Today Oil Futures is rebounding from a 4 year low. We are in a true selling climax. Will this be a once in a liftime buying opportunity?
More on Oil on the Oil Traders Blog.
Marc Faber said today that he is buying Oil, Silver and Gold.
Today Oil Futures is rebounding from a 4 year low. We are in a true selling climax. Will this be a once in a liftime buying opportunity?
More on Oil on the Oil Traders Blog.
Marc Faber said today that he is buying Oil, Silver and Gold.
December 24, 2008
Jim Rogers on Barack Obama
Jim Rogers commented the policies of president elect Barack Obama today. Jim Rogers said "Mr. Obama plans to tax capital when we have a huge shortage of capital around the world. Obama embraces proteccionism. Proteccionism will be a disaster to America".
Regarding his recent investments, Jim is buying Agriculture, chinese and taiwanese stocks and the Yen. He is planning to short US Treasuries soon.
Regarding his recent investments, Jim is buying Agriculture, chinese and taiwanese stocks and the Yen. He is planning to short US Treasuries soon.
Jim Rogers on the Long Bond
"I was shorting the long bond in October and in November but I had to cover. I plan to sell them short again along the line. Bonds are the last bubble, its clearly a bubble. Everybody is pumping bonds like crazy."
Jim Rogers is considered the Indiana Jones of investing. He moved to Singapore in 2007. He says "Asia is the wave of the future. Moving to Asia in 2007 is like oving to New York in 1907".
Jim Rogers is considered the Indiana Jones of investing. He moved to Singapore in 2007. He says "Asia is the wave of the future. Moving to Asia in 2007 is like oving to New York in 1907".
December 23, 2008
Rogers and Faber agree on Inflation
Marc Faber (visit a Marc Faber Blog) another veteran investor like Jim Rogers is also predicing inflation and is very critical of the FED.
"Inflation is the next danger, as once a recovery takes place prices will rise and the Fed will find it hard to push its near-zero rates above inflation", Marc Faber said.
Jim is predicting an "inflationary holocaust" because of the money printing all over the world and especially in the US.
Inflation Definition
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. Inflation can also be described as a decline in the real value of money—a loss of purchasing power in the medium of exchange which is also the monetary unit of account. When the general price level rises, each unit of currency buys fewer goods and services. A chief measure of price inflation is the inflation rate, which is the percentage change in a price index over time. in Wikipedia
"Inflation is the next danger, as once a recovery takes place prices will rise and the Fed will find it hard to push its near-zero rates above inflation", Marc Faber said.
Jim is predicting an "inflationary holocaust" because of the money printing all over the world and especially in the US.
Inflation Definition
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. Inflation can also be described as a decline in the real value of money—a loss of purchasing power in the medium of exchange which is also the monetary unit of account. When the general price level rises, each unit of currency buys fewer goods and services. A chief measure of price inflation is the inflation rate, which is the percentage change in a price index over time. in Wikipedia
December 19, 2008
Oil Prices will go to 200, Maybe in 2013
Jim Rogers bought oil last week as crude prices collapsed to near four-year lows and that the world is running out of known oil reserves. The sharp sell-off in oil prices suggested a bottom.
In Jim words, "Oil collapsed last week. Whenever you've had that sort of selling climax throughout any period in history, you are usually well-rewarded to buy it. It may not be the final bottom, but a bottom, so I'm buying oil again," he said.
"We're going to see $200 oil at some point, it may be by 2013. It's a sad fact but the world is running out of known oil," he said.
Is it time to buy oil? It must be for the medium to long term investors. In the Oil Traders Blog you can follow Crude Futures with live prices and comments and analysis from oil traders and investors. Oil Traders Blog is the best source for Oil Traders and Investors.
In Jim words, "Oil collapsed last week. Whenever you've had that sort of selling climax throughout any period in history, you are usually well-rewarded to buy it. It may not be the final bottom, but a bottom, so I'm buying oil again," he said.
"We're going to see $200 oil at some point, it may be by 2013. It's a sad fact but the world is running out of known oil," he said.
Is it time to buy oil? It must be for the medium to long term investors. In the Oil Traders Blog you can follow Crude Futures with live prices and comments and analysis from oil traders and investors. Oil Traders Blog is the best source for Oil Traders and Investors.
December 18, 2008
Major American Banks are Bankrupt
"Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt"
Airlines Hit Bottom
Jim Rogers thinks the world's major airlines have bottomed after a prolonged downtrend motivated by high oil prices and the economic downturn. Jim Rogers launched a new airline stock index with RBS.
Rogers said the volume of airline bankruptcies, lower capacity and falling oil prices could make carriers prosper.
"The airline industry has been a nightmare for several years now, with dozens of airlines going bankrupt ... That is often the sign of a bottom,"
"Capacity is shrinking at some airlines, while there will always be demand for seats. Many managements have now learned the lessons of the past decades,"
Rogers said the volume of airline bankruptcies, lower capacity and falling oil prices could make carriers prosper.
"The airline industry has been a nightmare for several years now, with dozens of airlines going bankrupt ... That is often the sign of a bottom,"
"Capacity is shrinking at some airlines, while there will always be demand for seats. Many managements have now learned the lessons of the past decades,"
December 15, 2008
Jim Rogers on Oil, Dollar, China and Stock Markets
Legendary global investor Jim Rogers said on Thursday he has been using the sharp rally in the US dollar as an opportunity to exit assets denominated in the US currency.
Speaking at the Reuters Investment Outlook Summit 2009 in New York, Rogers said that the rally, which has pushed the greenback up about 20% since July, is a reversal of a "gigantic short position" accumulated over several years and not a result of a fundamental bet. He added the US currency is likely to weaken sharply again.
"I plan to get out of all of my US dollars at some time throughout this rally," he said. "The dollar is a terribly flawed currency, and perhaps a doomed currency."
"I've driven around the world looking for a sound currency. There aren't any.... but the yen is the only thing that's going to go up for a while," he added.
Rogers, who spoke via a conference call from Miami, also said he bought oil last week as crude prices collapsed to near four-year lows and that the world is running out of known oil reserves.
Rogers said he is the world's worst market timer and a horrible short-term trader, but a sharp sell-off in oil prices suggested a bottom.
"Oil collapsed last week. Whenever you've had that sort of selling climax throughout any period in history, you are usually well-rewarded to buy it. It may not be the final bottom, but a bottom, so I'm buying oil again," he said.
Rogers, who remains bullish on commodities, estimated known world oil reserves at today's consumption rate are about 16 years, which indicates crude prices will again trend higher.
"We're going to see US$200 oil at some point, it may be by 2013. It's a sad fact but the world is running out of known oil," he said.
He also said he plans to get out of US securities he's owned for more than two decades if there is a rally soon.
"The market will probably rally for a while into January or March, and then we'll have more problems next year and perhaps into 2010," he said.
Rogers said that he is investing on growth areas in China and Taiwan, such as shares in water treatment, tourism and agriculture.
He is bullish on Asia because the region has savers and thus creditor nations.
"This is where the money is, and throughout history the world has moved to where the money is," he said.
"To me it's incomprehensible that people would lend to the United States government for 30 years at 3% or 4%," he added.
"Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt," said Rogers, who is now a private investor.
While not saying how long the US economic recession will last, he said conditions could ultimately mirror those of Japan in the 1990s. "The way things are going, we're going to have a lost decade too, just like the 1970s," he said.
Rogers has spent a career being one step ahead of mainstream investment thinking.
Speaking at the Reuters Investment Outlook Summit 2009 in New York, Rogers said that the rally, which has pushed the greenback up about 20% since July, is a reversal of a "gigantic short position" accumulated over several years and not a result of a fundamental bet. He added the US currency is likely to weaken sharply again.
"I plan to get out of all of my US dollars at some time throughout this rally," he said. "The dollar is a terribly flawed currency, and perhaps a doomed currency."
"I've driven around the world looking for a sound currency. There aren't any.... but the yen is the only thing that's going to go up for a while," he added.
Rogers, who spoke via a conference call from Miami, also said he bought oil last week as crude prices collapsed to near four-year lows and that the world is running out of known oil reserves.
Rogers said he is the world's worst market timer and a horrible short-term trader, but a sharp sell-off in oil prices suggested a bottom.
"Oil collapsed last week. Whenever you've had that sort of selling climax throughout any period in history, you are usually well-rewarded to buy it. It may not be the final bottom, but a bottom, so I'm buying oil again," he said.
Rogers, who remains bullish on commodities, estimated known world oil reserves at today's consumption rate are about 16 years, which indicates crude prices will again trend higher.
"We're going to see US$200 oil at some point, it may be by 2013. It's a sad fact but the world is running out of known oil," he said.
He also said he plans to get out of US securities he's owned for more than two decades if there is a rally soon.
"The market will probably rally for a while into January or March, and then we'll have more problems next year and perhaps into 2010," he said.
Rogers said that he is investing on growth areas in China and Taiwan, such as shares in water treatment, tourism and agriculture.
He is bullish on Asia because the region has savers and thus creditor nations.
"This is where the money is, and throughout history the world has moved to where the money is," he said.
"To me it's incomprehensible that people would lend to the United States government for 30 years at 3% or 4%," he added.
"Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt," said Rogers, who is now a private investor.
While not saying how long the US economic recession will last, he said conditions could ultimately mirror those of Japan in the 1990s. "The way things are going, we're going to have a lost decade too, just like the 1970s," he said.
Rogers has spent a career being one step ahead of mainstream investment thinking.
December 13, 2008
Jim Rogers on Bloomberg: 12 December
Jim Rogers gave an interview today to Bloomberg TV. In essence Jim Rogers said that it was good for General Motors GM to fail because it would be able to renogociate lots of bad contracts. "Bankrupcy is good for GM. They use to say that what`s good for GM is good for America, and now the good thing for GM it to go to Bankrupcy"
America spent something like 8 trillion dollars to prop up everybody. That will lead to the demise of the dollar, higher interst rates, higher inflation. It`S going to be a disaster for America.
Regarding Treasuries, Jim Rogers said that he had to close the short positions on the Long Term Bonds, because they were going against him. Even though Jim Rogers said "It`s insane to lend money to the US Government for 30 years at 2, 3 or 4%." He is looking to short the bonds again.
Video Interview LINK
Visit Jim Rogers`s Blog and find the best investment opportunities in the global financial markets.
America spent something like 8 trillion dollars to prop up everybody. That will lead to the demise of the dollar, higher interst rates, higher inflation. It`S going to be a disaster for America.
Regarding Treasuries, Jim Rogers said that he had to close the short positions on the Long Term Bonds, because they were going against him. Even though Jim Rogers said "It`s insane to lend money to the US Government for 30 years at 2, 3 or 4%." He is looking to short the bonds again.
Video Interview LINK
Visit Jim Rogers`s Blog and find the best investment opportunities in the global financial markets.
December 11, 2008
Jim Rogers and Bill Gross say: Short the Bond Market
Jim Rogers has been shorting the Long Term Government Bond in the United States. Now, even Bill Gross says that the bond market has bubble caractheristics. This must be a very, very good shorting opportunity.
How to do this trade:
Short the Futures on CBOT (30 year Bond)
Buy TBT ETF (inverse ETF on Long Term Government Bonds)
Visit Jim Rogers`s Blog and find out about investment ideas and profitable trades. A word on the markets from one klegendary investor.
December 8, 2008
Jim Rogers on Gold
"I own some gold and if gold goes down I'll buy some more and if gold goes up I'll buy some more," ... "Gold during the course of the bull market, which has several more years to go, will go much higher"
This credit crisis means that no new money will be deployed to increase supply and open new mines. That means only higher prices for metals and commodities.
Jim Rogers Blog is a source of investment wisdom and profitable trading decisions.
This credit crisis means that no new money will be deployed to increase supply and open new mines. That means only higher prices for metals and commodities.
Jim Rogers Blog is a source of investment wisdom and profitable trading decisions.
Jim Rogers on BONDS
“Why anyone would give money to the United States government for 30 years at three or four percent is beyond comprehension,” said Jim Rogers
“Everyone is pumping bonds like crazy. It’s clearly a bubble.”
Jim Rogers is bearish on Long Term Treasuries and has been shorting them. They just hit an all time high last week. You can do this trade selling 30 Years Bond Futures on CBOT or selling short the iShares Lehman 20+ Year Treas.Bond (ETF) with the ticker TLT.
In Jim Rogers Blog you can find out what one of the best investors in the world is doing in the markets.
“Everyone is pumping bonds like crazy. It’s clearly a bubble.”
Jim Rogers is bearish on Long Term Treasuries and has been shorting them. They just hit an all time high last week. You can do this trade selling 30 Years Bond Futures on CBOT or selling short the iShares Lehman 20+ Year Treas.Bond (ETF) with the ticker TLT.
In Jim Rogers Blog you can find out what one of the best investors in the world is doing in the markets.
December 5, 2008
Jim Rogers: The fundamentals of commodities are “unimpaired”
The fundamentals of commodities are “unimpaired” and prices will rebound when a lack of new supply leads to shortages, said Jim Rogers, chairman of Rogers Holdings.
“Commodities will be the place to be if and when we come out of” the downturn, Rogers said yesterday in an interview from Miami.
“The only thing where fundamentals are unimpaired are commodities. Farmers cannot get loans for fertilizer now. Nobody can get a loan to open a zinc mine. So we are going to have some serious, serious supply problems before too much longer.”
Follow Jim Rogers investment ideas and comments about politics, gold, dollar, commodities and all his videos interviews. His top pick for a long term investment is agriculture. DBA ETF and RJA ETF are the easiast ways to buy the agriculture commodities.
“Commodities will be the place to be if and when we come out of” the downturn, Rogers said yesterday in an interview from Miami.
“The only thing where fundamentals are unimpaired are commodities. Farmers cannot get loans for fertilizer now. Nobody can get a loan to open a zinc mine. So we are going to have some serious, serious supply problems before too much longer.”
Follow Jim Rogers investment ideas and comments about politics, gold, dollar, commodities and all his videos interviews. His top pick for a long term investment is agriculture. DBA ETF and RJA ETF are the easiast ways to buy the agriculture commodities.
December 4, 2008
Jim Rogers: Dollar is going down
The dollar is "going to lose its status as the world's reserve currency," Rogers said.
"It will be devalued and it will go down a lot."
Jim plans to sell all his dollar holdings in the next few weeks, months.
"It will be devalued and it will go down a lot."
Jim plans to sell all his dollar holdings in the next few weeks, months.
December 3, 2008
Jim Rogers Video CNBC
Watch latest Jim Rogers video interview on CNBC.
VIDEO LINK HERE.
Rogers criticizes the Government, Bernanke and Paulson.
Jim as been buying on the selling climax.
Jim Rogers bought raw materials, chinese stocks and taiwanese stocks. Agriculture is still his favourite commodity pick.
"You buy the best things, you don`t buy everything!" Jim Rogers
Find out what Jim Rogers is buying, selling or selling short in the world financial markets. As Bill Gross said, there is always a bull market somewhere.
VIDEO LINK HERE.
Rogers criticizes the Government, Bernanke and Paulson.
Jim as been buying on the selling climax.
Jim Rogers bought raw materials, chinese stocks and taiwanese stocks. Agriculture is still his favourite commodity pick.
"You buy the best things, you don`t buy everything!" Jim Rogers
Find out what Jim Rogers is buying, selling or selling short in the world financial markets. As Bill Gross said, there is always a bull market somewhere.
December 2, 2008
How to Buy Taiwan
"I am buying, Taiwan, China and agriculture" Jim Rogers
Jim Rogers has been buying Taiwan stocks. There are several taiwanese shares listed on the US stock exchanges:
Taiwan ETF`S:
ISHARE MSCI TAIWAN EWT
Taiwan Greater China Fund TFC
Taiwanese ADR Stocks:
Taiwan Semiconductor TSM
United Microelectronics UMC
AU Optronics AUO
Chunghwa Telecom CHT
Siliconware Precision SPIL
Advanced Semiconductor ASX
Himax Technologies HIMX
Silicon Motion SIMO
They are mainly tech stocks, but Taiwan is a major technology exporter.
Jim Rogers has been buying Taiwan stocks. There are several taiwanese shares listed on the US stock exchanges:
Taiwan ETF`S:
ISHARE MSCI TAIWAN EWT
Taiwan Greater China Fund TFC
Taiwanese ADR Stocks:
Taiwan Semiconductor TSM
United Microelectronics UMC
AU Optronics AUO
Chunghwa Telecom CHT
Siliconware Precision SPIL
Advanced Semiconductor ASX
Himax Technologies HIMX
Silicon Motion SIMO
They are mainly tech stocks, but Taiwan is a major technology exporter.
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