Bloomberg Video Interview: November 29

Latest Bloomberg video interview, November 29.

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: Anything That Goes Up 11 Years In A Row Has To Worry People

Gold is overdue for a correction. I own gold and I'm not selling my gold. Gold has been up 11 years in a row, that's extremely unusual for any asset. 11 years in a row, without a single down year, so somewhere along the line, gold is going to have a correction.

It's been correcting for three months now, and it wouldn't surprise me if went on for a while. It's normal, it would be good for the gold market.

Anything that goes up 11 years in a row has to worry people. - in Business Insider

Related ETFs and stocks, SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Novagold (NG), AngloGold (AU), Hecla Mining (HL)

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.

Stocks Will Behave Like In The 1970`s

Stocks in my view, in most countries are like they were in the 1970`s. In the 1970`s stock markets, and economies around the world did not do very much and were in a big sideways trading range for many years. We are in that kind of period now. - in China Money Podcast

Related, iShares MSCI Emerging Markets Index ETF (EEM), iShares FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF (SPY), iShares MSCI Hong Kong Index Fund ETF (EWH)

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.

Japanese Stocks Are Very Cheap

They will soon start losing money on the money invested abroad so a massive amount of that money is going to come back home. I doubt that will go into bank deposits or bonds because interest rates are so low. Then at least they can go to commodities or stocks. - at a forum in Tokyo

Related Tickers, iShares MSCI Japan Index ETF (EWJ)

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.

Some People Are Going Bankrupt In China, But That`s Not The End Of The World

The US also had "depressions" in the 19th Century and was the most successful country in the world during the 20th 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.

China`s Real Estate Market Situation

A few thoughts on the China`s real estate market.

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 Mainly Short Shares Around The World

I mainly short shares around the world. I have shorted American technology companies, I have shorted European stocks and shorted emerging market stocks. -in China Newswire

Related, iShares MSCI Emerging Markets Index ETF (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.

What To Hold In A Money Printing Environment

Throughout history, when things have gone wrong, they print money...when they print money, you should own silver, you should own rice, you should own real assets. - in CNBC

Related, IShares Silver ETF (SLV), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (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.

I Am Long Commodities And Currencies

I'm long commodities and currencies, because if the world gets better, the shortages in commodities will make sure I make money; if the world economy doesn't get better, I'd rather own commodities because they're going to print money. - in CNBC, earlier today

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 Short Stocks (US Technology, Emerging Markets And Europe)

I am short american technology stocks, I am short emerging markets stocks, not China, I am short european stocks. - in CNBC Asia, earlier today

ETFs, iShares MSCI Emerging Markets Index ETF (EEM), Technology SPDR ETF (XLK)

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`s Slowdown: No Surprise

Latest CNBC Asia video interview.

Related ETFs, iShares FTSE/Xinhua China 25 Index ETF (FXI)

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 Has Been Some Forced Selling In The Commodities Complex

With MF Global going bankrupt – which was a gigantic commodities firm – there was a lot of artificial forced liquidation of commodities. People have to sell whether they like it or not. It’s artificial selling right now.

This happened before in 2008, when Lehman and AIG went bankrupt, they were both huge in commodities and everybody had to sell. - in CNBC

ETFs, ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (RJA), PowerShares DB Agriculture Fund ETF (DBA), iPath Dow Jones-UBS Cotton Subindex Total Return ETN (BAL), Powershares DB Base Metals Fund ETF (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.

Video: Libertarianism and Austrian Economics

Investor Jim Rogers answers two questions relating to libertarianism and how he discovered Austrian Economics.

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.

If You Want To Get Rich...

“If you want to get rich, don’t go into investment banking. Instead, become a farmer”. - in Daniels Trading

Related stocks: John Deere (DE), Mosaic (MOS), Potash (POT)

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.

CNBC Video Interview

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.

17 Keys To Success

Jim Rogers' Keys to Success (taken from the titles and sub headings of each chapter of the new book, "A Gift To My Children"):

1. Do not let others do your thinking for you

2. Focus on what you like

3. Good habits for life & investing

4. Common sense? not so common

5. Attention to details is what separates success from failure

6. Let the world be a part of your perspective

7. Learn philosophy & learn to think

8. Learn history

9. Learn languages (make sure Mandarin is one of them)

10. Understand your weaknesses & acknowledge your mistakes

11. Recognize change & embrace it

12. Look to the future

13. “Lady Luck smiles on those who continue their efforts”

14. Remember that nothing is really new

15. Know when not to do anything

16. Pay attention to what everybody else neglects

17. If anybody laughs at your idea view it as a sign of potential success

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 No Bullets To Fight Next Recession

Last time, America quadrupled its debt. The system is much more extended now, and America cannot quadruple its debt again. Greece cannot double its debt again. The next time around is going to be much worse. - in 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.

Saving For A Rainy Day

It's now raining and the United States has saved nothing. - in China Daily

(He explained that although China may have its problems, it is the largest creditor worldwide and has saved enough for a rainy day with its huge foreign currency reserve)

Tickers, iShares FTSE/Xinhua China 25 Index ETF (FXI)

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.

Every 4 To 6 Years We`ve Had A Slowdown Or A Recession

Every 4 to 6 years we`ve had a slowdown or a recession in the US ever since the beginning of the republic. So we are overdue for one in the end of 2011, 2012 or 2013.

It always happens, it`s going to happen again despite what politicians or central bankers tell you. The next time around it`s going to be very bad. - in Nightly News

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.

Interview On Nightly News

Alex Jones interviewing Jim Rogers (while exercising on a bike) in Nightly News, InfoWars.

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.

2002 Was Bad, 2008 Was Worse. 2012 Or 2013 Is Going To Be Even Worse.

In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still - be careful.

The world has been spending staggering amounts of money it does not have for a few decades now, and it is all coming home to roost. We are certainly going to have more crises coming out of Europe and America; the world is in trouble.

Last time, America quadrupled its debt. The system is much more extended now, and America cannot quadruple its debt again. Greece cannot double its debt again. The next time around is going to be much worse. - in Investment Week

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: Bull Market Has Years To Run

It will easily go to 2,000 dollars/ounce but it will reach 2,400 dollars/ounce over the course of the bull run, which has years to run.

It will end in a bubble when this is over. The way bull markets work is they go up and up and then by the end they turn into a bubble and that will happen to gold. That could be five years, 18 years or six years.

I hope I am smart enough to sell but when that happens it will probably double. - in CNBC

Related, SPDR Gold Trust ETF (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.

We Have Shortages Of Everything From Oil To Food

We have shortages of everything from oil to food and on top of that we have governments printing more money. Put the two together and you have some serious inflation coming down the road.

Governments will eventually put in place price controls but if you tell someone they can only make so much money he is going to stop producing. The Chinese are seeing this and that's why they are out looking to buy assets. They are down here in Australia trying to buy up more. - in sl.farmonline.com.au

Related ETFs, United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), PowerShares DB Agriculture Fund (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.

The Prices For Land Will Go Higher

The shortages are going to get worse and the prices for land will go higher. - in sl.farmonline.com.au

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 Farmers Will Be In The Captain`s Seat

It's the farmers, the producers who are going to be in the captain's seat when the prices go through the roof. - sl.farmonline.com.au

Related ETFs, ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), PowerShares DB Agriculture Fund (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.

Hold The Euro Together And Reorganize

It would be better off if we can hold the euro together and we reorganize. People are bankrupt and when people are bankrupt you might as well face reality. Reorganize the assets, competent people will come in and you start over from a sound base. - in 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.

If Greece Left The Euro It Would Be A Disaster For The Greeks

If Greece left the euro it would be a disaster for the Greeks because they would go back to the same old ways. They would start printing money. No one would lend them money. Inflation would go through the roof and the Greek economy would get worse and worse. That`s not good for Greece. It`s not good for the world. - in 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 Next Crisis Is Going To Be Much Worse

Last time, America quadrupled its debt. The system is much more extended now, and America cannot quadruple its debt again. Greece cannot double its debt again. The next time around is going to be much worse. - in CNBC.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.

The World Is In Trouble

We're certainly going to have more crises coming out of Europe and America; the world is in trouble. The world has been spending staggering amounts of money that it doesn't have for a few decades now, and it's all coming home to roost. - in 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.

I Would Prefer Silver To Gold Just On Relative Value

I would prefer silver because it is still depressed on a historic basis. Silver is thirty percent below its all-time high. Gold is ten percent below its all time high. I would prefer one just on relative value, silver is probably better. I am not buying either today, but I am certainly not selling. If they go down, I will buy more. - in Economic Times

Tickers, IShares Silver ETF (SLV), SPDR Gold Trust ETF (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.

Video Interview: Economic Times

Latest Jim Rogers video interview, 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.

A Few Thoughts On The Greek Situation

In America, we’ve had states go bankrupt, cities, counties. This has happened before. It didn’t end America, didn’t end the US Dollar. You let entities collapse, go bankrupt. This happens all the time. This happened throughout history. That’s all you have to do, let them go bankrupt, let the people who made the bad loans take their losses and start over from a sounder base. But just pushing into the future and letting debt go higher and higher will mean it’s going to end very, very badly and then you know, five years from now, you may have a complete collapse of the Euro, the European Union and for that matter, all the Western world. - 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.

The World Will Continue Changing

“Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.” - in A Gift to My Children: A Father's Lessons for Life and Investing

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.

Lessons Of History

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing. - in A Gift to My Children: A Father's Lessons for Life and Investing

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 The Next Slowdown Comes What Is America Going To Do?

I suspect it will be in 2012, 2013 because if nothing else, every 4 to 6 years through out history we have had an economic slowdown in the United States for many, many different reasons. So we are overdue, 2012, 2013...

When the next slowdown comes what is America going to do? We cannot quadruple our debt again, we cannot print staggering amounts of money again. So the next slowdown is going to be worse than 2008 that was worse than 2001/2002.

So things just keep getting worse, the debts keep going higher and higher. - in Fox Business News

Tickers, SPDR S&P 500 ETF (SPY), ProShares UltraShort S&P500 ETF (SDS)

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 Still Have Serious Problems Through Out The World

We still have serious problems through out the world, including the United States. The US is actually in worse shape than Europe. Europe is getting the press these days become the debts are coming due. But America is the largest debtor in the history of the world. Next time we have an economic slowdown it`s going to be terrible. - in Fox Business

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

Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. 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.

The US Is In Worse Shape Than Europe

Latest video interview, Fox Business News - November 2.

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.

Draghi`s Appointment: Very Few Central Bankers Have Done A Good Job

I think you can name very few central bankers who`ve done a good job and nearly always made it worse. So if I were he, my wish would be that he stays aside unless it`s absolutely necessary. - in Reuters Insider

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.

Farmland Will Be A Great Investment

I have frequently told people that one of the best investments in the world will be farmland. - Minyanville.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.

Stay Calm In Times Of Turmoil

“Learn to stay calm especially in times of pressure or turmoil. You will make much better decisions.” - in a Gift To My Children

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.