I Am Perplexed About This Alleged Bubble Which Is Out There

“I am flabbergasted at Roubini’s comment about bubbles because there is not a single market in the world making all-time highs except gold, US Government Bonds, Cocoa, and the Sri Lankan stock market. That’s hardly reason to call for a bubble. So, I am most perplexed about this alleged bubble which is out there.”

in Wall Sreet Cheat Sheet

Short Term Trades And Market Timing

"Its interesting, I am long the dollar right now, more then I have been for 2 or 3 months. I am sure I am going to lose money. Whenever I try a short term trade, a call on market timing, I nearly always lose money. So, I am sure, I deserve to lose money for trying it again."

in CNBC

Gold: I Don't Think This Is The Top

"During the course of the bull market gold is going to go much higher, it is certainly not a bubble yet. I don't think this is the top, I'm not selling under any circumstances."

in Money Morning.com

The Best Assets To Invest

"If the world economy improves, commodities will lead the way due to demand and shortages. If the world economy does not get better, commodities are still a great place to be because governments are printing so much money. And, if the world economy doesn't get better, they will print even more money!"

in Equity Master.com

Base Metals: They Have Run Up A Lot In The Recent Past

“I would not buy base metal at this point in time because they have run up a lot in the recent past.”

in Business Standard

The UK Is Not Going To Keep Its AAA Rating

"The UK is not going to keep its AAA rating - I don't know why it has one still. The Prime Minister there has been ruining things. It grieves me to see what's happening in the UK."

Jim Rogers expects 2010 to be a year of currency crisis, and puts Britain in the same league as Argentina and Ukraine as regards countries that will suffer.

In Motley Fool

If And When The Crisis Really Hits, The Dollar Will Rally

"Over the past couple of months I have been accumulating U.S. dollars ... because there are too many bears. If and when the crisis really hits, the dollar will rally. I am expecting some kind of rally in the dollar. If it does rally for a quarter or year, I will sell it. If it doesn't, I will probably panic and sell it as it goes down, along with everyone else"

in Reuters Investment Outlook 2010 Summit

The Central Bank's Going To Fail In The End

"These guys based down in Washington are borrowing staggering amounts of money. The central bank's going to fail in the end. Do I think they will be able to pull this off? No, of course not. They're bureaucrats. What is left to fight that recession? That bottom is going to be worse than the bottom in 2008-2009 because we don't have any reserves."

in Reuters Investment Outlook 2010 Summit in New York

We Have A Central Bank Bubble

"It's only over the last 20 years or so that central banks have had this god like status in the world. This is a central bank bubble." in Reuters

Gold Will Be A Great Investment Over The Next Decade

“With central banks now buying gold and many people worried about paper money, gold will be a great investment over the next decade and relatively few people are invested in it.”

in Commodity Online

Lessons On Investing And Life

"You have to figure out what your own passions are. By following your passions, you'll never have a job. You'll just get up everyday and have a lot of fun"

in GuruFocus.com

We Are Probably Going To Have A Food Crisis In The Next 5 To 6 Years

"There are huge shortages of rice developing in the world. The investories of food are the lowest thwy have been in decades, not years, decades. We are probably going to have a food crisis in the next 5 to 6 years, if not before." in Bloomberg

"There's No Paper Money That We Can Trust"

"Paper money throughout the world is being printed right now...... We may have to wind up with all of our money in commodities because there's no paper money that we can trust" in BullionVault, Dec 11 2009

Bloomberg Video Interview: Part 1

"Right now, I would be buying agriculture. Agriculture is the area of commodities that is most depressed in a historic basis" Jim Rogers

Related ETF`s: PowerShares DB Agriculture Fund (NYSE:DBA), ETN ELEMENTS ROGERS INTL AGRICULTURE (NYSE:RJA)

Bloomberg Video Interview, December 11

Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Betty Liu about his investment strategy for agriculture commodities:

VIDEO INTERVIEW: http://www.bloomberg.com/jimrogersvideo

Rogers also discusses the outlook for the U.S. Treasury market, and his outlook for gold and oil prices. (Source: Bloomberg)


00:00 Agriculture commodities; sugar, rice prices
02:14 Outlook for gold and oil prices
05:48 Foreign currency; U.S. dollar; debt concerns
09:28 U.K. plan to tax bank executive bonuses
13:02 U.S. Treasury market "bubble in the making"
Running time 14:53

CNBC Video Interview: December 2009

Latest Jim Rogers video interview on CBNC with Maria Bartiromo, December 2009

Topics: US Dollar, politics, silver, palladium, agriculture, gold, us stocks

"I don`t like to buy things that are way up"

Long the Dollar, but Likely to Lose Money

Looking to his investment positions, Rogers said he is betting on a dollar rebound but that his short-term trades rarely work out.

"I am sure I'm going to lose money because whenever I try to short-term trade I almost always nearly lose money, so I am sure I deserve to lose money for trying it again," Jim Rogers said to CNBC.

The reason he thinks there might be rally in the greenback is that everybody including himself is pessimistic on the US dollar.

"We Are Going To Pay The Price For All This"

"We're all going to pay the price for this in, one, two, three years. The next time that we have problems in the economy, which will not be too long, we don't have any bullets left. We've shot everything we had to solve our problems. What are they going to do, quadruple the debt again? Print more money? We don't have any trees left. We're running out of trees." in CNBC.com

"If Gold Goes To 1,000 USD, I Hope I Am Smart Enough To Buy More"

"I wouldn't think of selling and if gold goes to 1,000 dollars per ounce or pick a number, I hope that I'm smart enough to buy more." in CNBC.com

Don`t Be Afraid Of Sell-Offs

"Investors in oil, metals and grains shouldn't worry too much about selloffs in these markets as the vast sums of money being printed around the world will take prices higher, commodities bull Jim Rogers said." in Reuters.com

Commodities Versus "Other Investments"

"If you can tell me something else where the fundamentals are so attractive (commodities)...I'd be happy to put my money there. But I don't know of any other place."

In 1987 The United States Was A Creditor Nation

“The US dollar is now a terribly flawed currency. The US as recently as 1987 was a creditor nation. Now it’s the largest debtor nation in the history of the world and that’s going to continue to cause problems"

in ABC News AU

Bonds Should Be Sold

"If you look at bonds, bonds should be sold. There is going to be a gigantic issuance of bonds by governments around the world. If any of you are bond portfolio managers, I urge you to get another job. Unless you're a good trader and can jump around in currencies, stocks and bonds, then the best place to be is commodities.

Commodities are in a secular bull market, a bull market that started about 10 years ago. The fundamentals continue to improve for commodities worldwide. When people worry about inflation, or worry about paper money, they'll get their money into real assets, whether it is silver, or cotton, or natural gas.

in a presentation held by ETF Securities

Commodities Bull Run

“Commodities are in a boom market these days. The bull market in commodities has a long way to go. Some commodities are consolidating right now, in anticipation for the next move up. Some like crude oil are in all time high. You know in commodities market, some go up and some come down. But I tell you the boom market in commodities is a long way to go.

The commodity bull market could lat 10 to 20 years. But I tell you it is going to be exciting years ahead for commodities because of several reasons. Lots of lands are getting cultivated across the world. People are getting serious about the opportunities in the agricultural market. Something good is going to happen in the boom market. And the boom market will end some day. But that some day is a long way from now. If there is a world-wide economic breakdown, it will affect the markets. But even then commodities are going to be a better place to be in than stocks and bonds.”

in Commodities Online

Chile Has Been Doing A Good Job

“Chile has been doing a good job. They’re not going out and spending the windfall and driving the country into the ground. The economy is basically copper and agricultural and I’m very bullish on both.”

in Bloomberg

Investing In Africa`s Farmland

"The gigantic acreage in Africa has been underfarmed because there is not much infrastructure, not much machinery, not much expertise, not much fertilizer. I think the world is going to have huge food problems in the next few years. Other people seem to see that, too, so they're buying up farmland. You can either buy it or lease it. It's very, very cheap, it's incredibly fertile, and it hasn't been overexploited. And if you take in some expertise and some machinery and some fertilizer, you should make a lot of money. The labor's cheap, everything's cheap."

in Business Week