Rogers International Commodity Index New Weightings

Jim Rogers and Beeland Interests, Inc. announced today the following adjustments to the Rogers International Commodity Index (RICI).

The RICI Committee decided to reduce the weight of Wheat (CBOT) from 6% to 4.75% and to increase the weight of Rice (CBOT) from 0.50% to 0.75%. In addition, the RICI Committee decided to add Milling Wheat (NYSE Liffe) as a new component to the RICI at the weight of 1%. These adjustments will be implemented during the January 2011 roll period and re-evaluated by the RICI Committee at its next annual meeting in December 2011.

The RICI represents the value of a compendium (or "basket") of globally traded commodities (38 commodity futures upon effecting these adjustments) employed in the global economy, ranging from agricultural and energy products to metals and minerals. The RICI and its various sub-indexes are used by many investment banks and investors throughout the world. As of the end of November 2010, the RICI had increased by over 250% since inception.

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.

Prices & Inflation

"Everybody in this room knows prices are going up for everything." - Reuters Summit

Related: PowerShares DB Agriculture Fund (NYSE:DBA), Powershares DB Base Metals Fund (ETF) (NYSE:DBB), SPDR Gold Trust (ETF) (NYSE:GLD), iShares Silver Trust (ETF) (NYSE:SLV)

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're going to have more crises down the road. The politicians keep delaying the problems rather than dealing with them."

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.

Things Are Happening With The Dollar That Could Make It More Attractive

"If everybody gets widely enthusiastic and thinks the euro's OK now or the dollar's OK now, then I would probably be forced to sell. Things are happening with the dollar that could make it more attractive. I mean they are talking about giving tax incentives for people to bring their dollar holdings back home that can make the dollar go a lot higher for a while. Things could happen, and we'll just have to wait and see how it works out."

in The Street.com

Related: SPDR Gold Trust (ETF) (NYSE:GLD), iShares Silver Trust (ETF) (NYSE:SLV) , PowerShares DB US Dollar Index Bullish (NYSE:UUP) , Market Vectors Gold Miners ETF (NYSE:GDX)

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.

"It's a basic fact of life that many things 'everybody knows' turn out to be wrong."

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.

When Will Gold Hit 2000 USD?

"I wish I knew when, watch TheStreet.com you can get all these answers to market timing; I am no good at it. I explained to you that gold will be $2,000 certainly in the decade, it'll probably be much higher than 2000 USD in the decade but maybe even sooner I don't know. But to me it seems pretty clear that it'll go to at least 2000 USD. If you adjust the old high back in 1980 for inflation, gold should be over 2000 USD now."

in The Street.com

Related stocks and ETFs: SPDR Gold Trust (ETF) (NYSE:GLD), Market Vectors Gold Miners ETF (NYSE:GDX), Newmont Mining Corporation (NYSE:NEM), AngloGold Ashanti Limited (ADR) (NYSE:AU), Harmony Gold Mining Co. (ADR) (NYSE:HMY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), Barrick Gold Corporation (USA) (NYSE:ABX), NovaGold Resources Inc. (USA) (AMEX: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.

Q&A With The Street.com: What Kind Of Growth Do You See In China?

"I have no idea. I know that it's booming. I know that every time I go to China, and I've being going to China for 26 years -- the first time I went it was 1984 -- and I assure you China is growing very rapidly and doing a lot of things right. Whether it's 8% or 12%, I mean you look at the Indians. Who can believe the Indian [growth] number; certainly not me.

I've been going to India for many years too and I know they're not growing as fast as China but they claim to be. The Indians wait for the Chinese to announce their growth numbers and then they announce theirs. They want to make sure they are in the same league. But all of these numbers are made up; you must understand that by now."

Related ETFs: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ), 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.

I Am Not Interested In The British Pound At All. It's Got A Terrible Fundamental Situation

"The pound? No, no, I wouldn't buy the pound with your money. No, no, no, I am not interested in the pound at all. It's got a terrible, terrible fundamental situation just as we do in the U.S. I do own the U.S. dollar, but the pound I am avoiding. That's what I said; all the ones I don't own are the ones I would avoid."

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.

Chinese Currency & Inflation

Well, there is inflation in China, I won't say it's serious, but there is more inflation than there should be. That's not good and part of the reason is because there is a blocked currency. In my view, if they just let the currency rise it would help the inflation problem. They don't see it that way ... There's inflation here too even though we deny it. At least the Chinese acknowledge inflation. They may be understating it, but they certainly acknowledge it's there.

in The Street.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.

Q&A With The Street.com: Euro`s Outlook

I want to get your take on what the fate of the euro will be in the next year?

Next year? I'm not smart enough to know that; you should watch TheStreet.com ... I'm not very good at short-term trading or market timing. I own the euro; whether I own it another day or another year or another five years I don't know. I don't think it will be around in 10 years so I doubt if I'll own it then but I have to watch to see what happens.

Related: PowerShares DB US Dollar Index Bullish (NYSE:UUP) , PowerShares DB US Dollar Index Bearish (NYSE: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.

There Are Shortages Developing In The Commodities Sector.

“There are shortages developing in the commodities sector and they'll only get worse. If the world economy improves, it will help commodity prices. And if it doesn't, central bankers will print more money — causing inflation.”

in www.investmentnews.com

Related ETFs: United States Oil Fund LP (ETF) (NYSE:USO), iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), PowerShares DB Agriculture Fund (NYSE:DBA), Powershares DB Base Metals Fund (ETF) (NYSE:DBB)

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.

Wall Street`s Outlook For The Next 2 Or 3 Decades

"The city of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who produce real goods"

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 Jim Rogers video interview on CNBC.

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 UK Is Totally Insolvent.

"Greece is insolvent, Portugal has a liquidity problem, Spain has a liquidity problem, Belgium has been cooking the books for a long time, Italy has been cooking the books for a long time and the UK is totally insolvent."

in www.thisismoney.co.uk

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 Had Long Periods When People Who Produced Real Goods Were In Charge

"Throughout history we've had long periods when the financial centers were in charge. But we've also had long periods when people who produced real goods were in charge -- the farmers and the miners"

in Reuters

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.

US Government Inflation Data Is A Sham.

"U.S. government inflation data is a sham and is causing the Federal Reserve to vastly understate price pressures in the economy."

Related: SPDR Gold Trust (ETF) (NYSE:GLD), iShares Silver Trust (ETF) (NYSE:SLV), PowerShares DB Agriculture Fund (NYSE:DBA), United States Oil Fund LP (ETF) (NYSE:USO) , United States Natural Gas Fund, LP (NYSE:UNG)

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.

Interest Rates In The US Are Going Much, Much Higher.

"I expect interest rates in the US to go much, much, much higher over the next few years."

in telegraph.uk

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.

There Is A Serious Problem In The West, And One Must Deal With It.

“We have to leave Ireland to go bankrupt; why should the innocent Germans, Poles or anyone else pay for the mistakes made by Irish politicians. Greece is also bankrupt, Portugal has a liquidity problem and countries like Belgium, France and even Britain, have several problems. There is a serious problem in the West, and one must deal with it”.

Related: iShares MSCI Spain Index (ETF) (NYSE:EWP), Bank of Ireland (ADR) (NYSE:IRE), National Bank of Greece (ADR) (NYSE:NBG), Portugal Telecom, SGPS (ADR) (NYSE:PT), iShares MSCI United Kingdom Index (ETF) (NYSE:EWU)

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.

A Variation On A Proverb.

"When in Rome, talk to the Romans. That is my variation on the proverb."

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.

When We Have Strong Markets, Something Always Comes Along To Call For A Correction.

"We have had very strong markets in the past 2 or 3 months in the West anyway and whenever you have strong markets, something always comes along to call for correction."

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.

Global Markets Should Be Correcting Because They Have Been Pretty Strong Recently

“First of all, global markets should be correcting about this time because they have been pretty strong recently and there is always some reason to correct. This time, it looks like it might be Korea. Whenever you have threat of war, usually everything goes down at first, then you have to figure out what to invest in after the initial collapse.”

in Economic Times

Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Taiwan Index (ETF) (NYSE:EWT), ProShares UltraShort QQQ (ETF) (NYSE:QID)

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.

Work, Save And Invest.

“Any economy which saves and invests and works hard always wins out in the future over countries which consume, borrow and spend.”


in NY Times Blog

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.

Energy Outlook: The Surprise is Going To Be How High It Goes.

"The surprise with energy is going to be how high the price of energy stays and how high it ultimately goes"

in Stock Tweets, November 29

Related: United States Oil Fund LP (ETF) (NYSE:USO), United States Natural Gas Fund, LP (NYSE:UNG), iPath S&P GSCI Crude Oil Total Return (NYSE:OIL)

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.