CNBC Video Interview: World Economy, Central Banks And Japan

As central banks continue to print money, it is vital that investors own real assets like silver, rice or natural gas, says Jim Rogers, chairman of Rogers Holdings. He speaks to CNBC's Maithreyi Seetharaman, Chloe Cho & Yousef Gamal El-Din about his investment strategy.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Gold Is Not A Bubble

I expect there to be hysteria in the precious metals markets in 5 to 10 years. Right now, very few people own gold, and I can hardly call something a bubble when very few people own it.

in CNBC

Related ETFs: Market Vectors Gold Miners ETF(GDX), SPDR Gold Trust (ETF)(GLD)

Related Stocks: Newmont Mining Corporation (NEM), Goldcorp Inc. (USA) (GG), NovaGold Resources Inc. (USA) (NG)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Only Place To Invest Right Now Is In Real Assets

With central banks flooding the world with money, the only place to invest right now is in real assets, whether it's in silver, or rice or natural gas. Paper money is not going to do it for you.

in CNBC

Related ETFs: iShares Silver Trust (ETF) (SLV), United States Natural Gas Fund, LP (UNG), PowerShares DB Agriculture Fund (DBA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Bernanke Will Print More Money

"I'd rather have the Europeans running the U.S. Central Bank than the people running the U.S. central bank, least they know how to try to build for the future. In America, Bernanke just says we'll print more money, we'll spend more money, even though the United States is now the largest debtor nation in the history of the world."

in CNBC

Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (TLT), PowerShares DB US Dollar Index Bullish (UUP), PowerShares DB US Dollar Index Bearish (UDN)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

We Never Got Out Of The First Recession

We never got out of the first recession. If the U.S. and Europe continue to slow down, that’s going to affect everyone.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Capitalism And Change

Capitalism is replete with examples of companies and individuals that got fat and sassy and didn't see the changes taking place. I mean, you can take a look at the computer industry. Dozens of names that were in the computer industry 15 years ago do not even exist anymore because they didn't pay attention. That has happened in every industry.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I May Have To Reconsider My Views On India

India is perhaps going to open its market to foreigners to make it easy for all foreigners to buy and sell shares in India. If India does that, that will make me to have to scratch my head and think a lot more about India. Indian shares are certainly not cheap and they have gone up a lot, but if they are finally going to make the Indian stock market open and accessible to everybody, that having to go through a bunch of hoops or a bunch of rigmaroles, that is certainly going to attract more and more investors to India. Now, they have to make the currency convertible, they have to follow through on a lot of things, but if India is going to do that, it would have to make me reconsider my views on India.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related: The India Fund, Inc. (NYSE:IFN) , Tata Motors Limited (ADR) (NYSE:TTM)

The Fundamentals For Agriculture Have Gotten Better

The fundamentals for agriculture have gotten better. The inventories are now at the lowest they’ve been in decades, not years. Sometime in the next few years, we’re going to have very serious shortages of food everywhere in the world and prices are going to go through the roof.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related: Deere & Company (NYSE:DE), PowerShares DB Agriculture Fund (NYSE:DBA)

There Is A Transition From The US To Asia

There's a transition now from the US to Asia in the financial world and the economic world. Ten years ago, most of the large IPOs in the world were done in New York. Now very few of them are. America's driving the business out in many, many ways, and that's going to continue.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

China Is The Only Country That Can Dominate The 21st Century

China has a long tradition of entrepreneurship and capitalism. They have been extraordinarily successful several times in history. They are perhaps one of the few, if not the only, country in history that has been great four or five times. They had also been disastrous four or five times.

Great Britain was great once. Rome was great once. China has been great several times. They were in decline for 300 years, until about 1978, when Deng Xiaoping said “this is not working, let's try something new” and they started over. I don't know if it's going to work out, but historically, they do have whatever it takes to become a very successful nation. And the overseas Chinese have lots of capital and expertise.

It may not work. But it's the only large country that I can see on the horizon that can dominate the 21st century.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Future Is In Asia

In 1807, if you had moved to the U.K., you and your heirs would have been much, much better off for the next 100 years. If in 1907 you had moved to the U.S., you and your heirs would have been much better off for the next 100 years.

In my view, moving to Asia in 2007 means my heirs are going to be much better off in the next 100 years.

In 1907, if you had stayed in Poland or China, you would not have had a great future, nor your families. Had you moved to America, your descendants would have had a much better future. Who knew what they would do, if they would become doctors or what, in the next 100 years. But whatever happens to them, they were better off. They spoke English, which became the world's language.

My view is that the 21st century is going to be the century of Asia, of China. If I'm right about the future, you are going to have a better life [if you move there], better opportunities, and better everything going where the action is, where the assets are.

in IB Times.com

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), iShares MSCI Taiwan Index (ETF) (NYSE:EWT) , iShares MSCI Singapore Index Fund (ETF) (NYSE:EWS) , iShares MSCI South Korea Index Fund(ETF) (NYSE:EWY)

Bernanke Is Turning The FED Into A Pawn Shop

"We have Ben Bernanke, who is running the Federal Reserve, who does not know what he is doing. The man is taking 400 billion dollars on to the Federal Reserve balance sheets – of dicey loans, bad debt. I mean he is turning the Federal Reserve into a pawn shop. Some day somebody has to pay for this and you know who this somebody is – my little girl, you, me."

in The Independant

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Many Countries Are Going Around The World Buying Sources Of Commodities

Many countries are going around the world buying sources of commodities. The Indians and the Germans are doing it too. The Chinese, the Japanese, the Middle Easters and Singaporeans are starting to do it. A lot of people are starting to do it because unless something really dramatic changes, mines are being depleted all over the world. There has been one lead mine open in the world in 25 years. Most mines are being depleted, not many mines have been opened.

in Economic Times

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related stocks: Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Alcoa Inc. (NYSE:AA), United States Steel Corporation (NYSE:X) , Aluminum Corp. of China Limited (ADR) (NYSE:ACH), Newmont Mining Corporation (NYSE:NEM) , Goldcorp Inc. (USA) (NYSE:GG)

More Expensive Oil Ahead

The very fact that BP had those problems means that politicians worldwide are going to be up in arms and it is going to cause more expenses, more regulations, more complications whenever you drill for oil. Offshore especially, but probably onshore as well. Higher prices for drilling means less oil discovered. It means more expensive oil. It just adds pressure to the ongoing pressure to the cost of energy for the next several decades.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related ETFs: United States Oil Fund LP (ETF) (NYSE:USO) , iPath S&P GSCI Crude Oil Total Return (NYSE:OIL)
Related stocks: Murphy Oil Corporation (NYSE:MUR), BP plc (ADR) (NYSE:BP), ConocoPhillips (NYSE:COP), Marathon Oil Corporation (NYSE:MRO)

A Bubble Is Building In US Government Bonds

Bonds never go down. Bonds have been going up in the United States for about 30 years now. There have been a few corrections but very few, and yields in the United States are very, very low on any historic basis anywhere in the world.

This is just not normal that government bonds yield this little and especially in a country which is the largest debtor nation in the history of the world and with gigantic amounts of bonds issuances yet to come. In my view too, there is going to be much more inflation which will cause yields to go higher and higher. I am not selling short bonds yet, but I see a bubble building. Eventually, I hope I am smart enough to sell them short.

in Economic Times

Related: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Agricultural Commodities Are Set For Steep Rises

Anybody who's got potentially good agriculture land and good weather is likely to emerge a winner out of this situation because prices of nearly all agricultural commodities are set for steep rises.

in Business Intelligence Middle East

Related ETFs: PowerShares DB Agriculture Fund (Public, NYSE:DBA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Am Seeing Positive Changes In Malaysia

I’m seeing positive changes in Malaysia under the new leadership. The Government is making a strong effort to boost foreign direct investments.

My view is that Malaysia has the fundamentals, resources and strategic location within South East Asia (SEA), but there needs to be a fair playing field in order to attract more foreigners who are previously gun-shy due to changes in the policies, for example the previous pegging of the ringgit to the US currency.

in The Star Online

Related Exchange Traded Fund: iShares MSCI Malaysia Index Fund (ETF) (Public, NYSE:EWM)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Put Your Money In The Right Commodities

Now the place to be is to put your money in the right commodities. The fundamentals for selected commodities, particularly agricultural and natural resource-based commodities like rice, wheat, gold silver, platinum and palladium, are looking good given the lack of discoveries in new oilfields and mining areas, poor crop yields and depleting mineral resources.

biz.thestar.com.my

Related Exchange Traded Funds: United States Oil Fund LP (ETF) (Public, NYSE:USO), PowerShares DB Agriculture Fund (Public, NYSE:DBA), iPath S&P GSCI Crude Oil Total Return (Public, NYSE:OIL), iShares Silver Trust (ETF) (Public, NYSE:SLV) , SPDR Gold Trust (ETF) (Public, NYSE:GLD)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investment Philosophy

Since I have been doing it long enough, I believe I know more or less how the market works. I’m not an active trader though, not even a very good one at that, but I’m a proponent of long-term investments. In fact, I will always buy low and sell high.

in biz.thestar.com.my

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Long Commodities, Yen, Swiss Franc And The Euro And Shorting US Government Bonds

"Rogers is long commodities and he owns the yen, the Swiss franc and the euro. He said he just started shorting US government bonds but that this is a very small position."

in CNBC

Related ETFs: United States Oil Fund LP (ETF) (USO) , iPath S&P GSCI Crude Oil Total Return (OIL), PowerShares DB Agriculture Fund (DBA) , Powershares DB Base Metals Fund (ETF) (DBB), ProShares UltraShort 20+ Year Trea (ETF) (TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (TLT), CurrencyShares Japanese Yen Trust (FXY)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investors Finally Began To Realize That Prices For Agricultural Commodities Have Been Too Low For Too Long

We're going to have much, much higher prices over the next few years.

Investors finally began to realize that prices for agricultural commodities have been too low for too long because of subsidies and other factors, which made agriculture an unattractive area for workers.

Be prepared, if you have a sugar bowl home go fill it up because it's going to be more expensive.

Anybody who's got potentially good agriculture land and good weather is likely to emerge a winner out of this situation because prices of nearly all agricultural commodities are set for steep rises.

Prices aren't high enough and most people don't believe it. Unless prices are high you're not going to attract people in the business. Eventually people will go into farming again but it's going to take a while.

Shortages in agriculture are likely to add to problems created by governments who printed money to spend their way out of the financial crisis.

It's all happening at a time when governments are printing more money...it's a very dangerous situation.

When you print money, it's got to go in a place where it can protect itself, and that's real assets.

in CNBC

Related ETFs: PowerShares DB Agriculture Fund (NYSE:DBA), ETN Elements ROGERS INTL Agriculture (NYSE:RJA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Earnings Season: Worry About Next Year, The Second Quarter Is History

I think some of it is expectation management as you put it out, but remember what the comparisons were, we are talking about the second quarter of 2009, when the world essentially was coming to an end. Remember, at the end of 2008, beginning of 2009 we all thought the world had ended. The markets hit bottom in March 2009, well those were the comparisons we were up against. So things are actually better then people were expecting, but they should have looked back to see what the comparisons were and remember, the governments were spending huge amounts of money and that money has been flowing into the system in the last couple of quarters. Worry about next year, don`t worry about the second quarter now, that`s history.

in CNBC

Related ETFs: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), iShares MSCI South Korea Index Fund(ETF) (NYSE:EWY), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Latest CNBC Video Interview

Jim comments the strong earnings season, the european banks stress tests and the euro currency.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.