People Need To Stop Spending Money They Don’t Have

Just because now you have a way to get them (the banks) to borrow even more money, this is not solving the problem, this is making the problem worse. People need to stop spending money they don’t have. The solution to too much debt is not more debt. All this little agreement does is give them (banks) a chance to have even more debt for a while longer. 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.

Euro Debt Deal Only Making Problems Worse

Jim Rogers, Chairman of Rogers Holdings says the latest euro zone deal does nothing to help solve the region's biggest problem, which is its high debt levels.

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.

Bubbles Always Go Longer Than Most People Expect

I’m absolutely convinced we’ll see higher interest rates. Of course, I was convinced of that last year but rates went down. Bubbles always go longer than most people expect and higher than people expect. That’s the definition of a bubble. I have no idea how much longer it will last but I’m not playing. - in ETF Trends

Related: iShares Barclays 20+ Year Treasury Bond ETF (TLT), ProShares UltraShort 20+ Year Treasuries ETF (TBT), iShares Lehman 7-10 Year Treasury Bond ETF (IEF)

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.

European Situation: There Is No Resolution In Sight

There is no resolution in sight. The solution to too much debt is not more debt. They keep piling on more debt and hope the problem will get better. It’s getting worse...It doesn’t look good. - in ETF Trends

Related:  iShares MSCI Spain Index (ETF) (NYSE:EWP), iShares MSCI Italy Index ETF (EWI)

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 Magic Of Investing

The trick to investing is not to lose money. The losses ruin your compounding rate and compounding is the magic of investing. - in Market Wizards

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 Needs Something To Compete With The U.S. Dollar

I hope the Euro survives. The world needs something to compete with the U.S. Dollar. - in ETF Daily 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.

Europe & US Combined Are 30 Times Bigger Than The Indian Economy

Now, Europe and America are gigantic economies. They combine together a 30-40 times of the Indian economy. So, when they have problems, it is going to affect everybody including India. - in NDTV 

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.

You Cannot Deny Reality

German tax payers have made a mistake. Why should they be bailing out banks, while Greece is sitting on the beach drinking wine? So, I would let them go bankrupt; it will cause pain but a lot of other European countries had horrible pains few years ago but now they are booming. You cannot deny reality. You should take the pain and get over with it. - in NDTV 

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.

India Is Not A Place For Foreigners To Invest

You have a balance of trade problem, you have an inflation problem. India is a single best country in the world but it is not a place for foreigners to invest, at least not for me. - in NDTV

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 Gold Falls To 1100, I Will Buy A Lot Of It

If gold continues to go as it goes, I would buy a lot of it. If it goes to 1100 per ounce level, I will buy a lot of it. - in NDTV 

Related, SPDR Gold Trust (ETF) (NYSE:GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG); 

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 Has To Buy Commodities

China has to buy commodities. They need the stuff and they don’t have it. If you have nickel they’re going to pay you, and pay you on time. - in CNBC

Related ETFs: United States Oil Fund LP (ETF) (NYSE:USO), SPDR Gold Trust (ETF) (NYSE:GLD), iShares Silver Trust (ETF) (NYSE:SLV), iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE:BAL);

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: It`s A Huge Place

China has 1 billion 300 million people. It’s much bigger than the US both in population and land area. It’s a huge place. - 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.

China: Hard-Working & Energetic People

China is growing. These are hard-working, energetic people who are on the rise again. Don’t get me wrong – there will be setbacks. Some China real estate may be heading for a hard landing – but other parts of the Chinese economy are going to boom. - 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.

Pay Attention To What Everyone Else Neglects

Pay attention to what everyone else neglects. - a famous Jim Rogers quote on 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.

What My Dad Taught Me About Money

"Mr. Rogers describes himself as a "hard-core unemployed, international investor" and author of "A Gift to My Children." He's perhaps better known for co-founding the Quantum Fund with George Soros in 1973. He says he learned very early the importance of saving and had jobs at an early age. "Money doesn't grow on trees," he says. "You have to work for it and save," he says, noting that his father even made him pay for his own baseball glove." - excerpt from the WSJ piece, What My Dad Taught Me About Money 

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 I See Happening Is More And More Bailouts

What I see happening is more and more bailouts, higher and higher and higher debt. We’re going to have a worse recession next year and 2014 because the debt is high. ... In 2007 and 2008, the recession was worse because the debt was higher; 2013 and 2014, the debt is up to the ceiling. The recession is going to be worse. This is not going to be fun. - 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.

Commodities: Serious Supply Problems Facing The World

I own commodities because there are serious supply problems facing the world in commodities. If the world economy gets better, wherever it gets better prices are going to get higher because of the shortages. If the world economy does not get better I would rather own commodities because governments are going to print money. They will print more money, and throughout history when governments have debased currencies, when they have printed money, the way to protect yourself and to make money is to own real assets.

Related: United States Oil Fund LP (ETF) (NYSE:USO), 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.

Chinese Slowdown

The slow down in china is still a boom everywhere else in 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.

Energy Prices & Natural Gas

If I had to buy energy today it would be natural gas. - in a recent video interview


Related: United States Natural Gas Fund (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.

Oil Can Go Down For A While, But...

Jim Rogers gives his oil price outlook on the floor of the NYSE.

Related:

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 Prices Outlook: Crude Oil & Natural Gas

Related: United States Oil Fund (USO), United States Natural Gas Fund (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.

The Average Age Of A Farmer In The US Is 58

More people study public relations in this country then study agriculture. The average age of a farmer in the US is 58. - in CNBC

Related: Potash (POT), Mosaic (MOS), John Deere (DE), PowerShares DB Agriculture Fund (NYSE:DBA), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (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.

The Economy Is Going To Be Bad Next Year

If stocks collapsed around the world I would have to buy a lot more stocks. I would buy stocks again, but I don’t see that happening. I’m telling you, the economy is going to be bad next year. Why buy stocks in the face of something like that? - in cnbc

Related: IShares MSCI Emerging Markets (EEM), SPDR S&P 500 ETF (SPY), Powershares Nasdaq 100 ETF (QQQ)

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.

Let People Go Bankrupt

New York City went bankrupt, the world didn’t come to an end. Mississippi went bankrupt once, the world hasn’t come to an end. Detroit’s bankrupt, the world hasn’t ended. - 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.

European Bailouts: Absurd Economics And Absurd Morality

The way the system should work is when you fail, you fail, and competent people are required to come in reorganise the assets. What we are doing in the West now is taking assets from the competent people, giving them to incompetent people, and saying 'now you compete with the competent people with their money'. It is absurd economics and it is absurd morality. - in Investment Week

Related ETFs: iShares MSCI Spain Index ETF (EWP)

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.

Oil Prices Outlook

The price of oil may well go down for a while. China is slowing down, India is slowing down, a lot of places are slowing down. But over a decade the price of oil is going to go through the roof. The surprise is going to be how high the price of oil stays and how high it goes.

That doesn’t mean it cannot go to $70 in the meantime. But if it does, you should buy a lot of oil. - in CNBC 


Related: United States Oil Fund ETF (USO), Exxon Mobil (XOM), Conoco Phillips (COP), Marathon Oil (MRO)

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 Case For Shorting Stocks

I’m not advocating because I’m short, but I’m short because I think there are going to be more problems in the world economy in the next year or two. That’s how you protect yourself in times like this. What they’re doing is they’re making this situation worse. - in CNBC

Related: SPDR S&P 500 Index ETF (SPY), Ishares MSCI Emerging Markets 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.

Let Them Go Bankrupt.

New York City went bankrupt, the world didn’t come to an end. Mississippi went bankrupt once, the world hasn’t come to an end. Detroit’s bankrupt, the world hasn’t ended.

So if banks in ailing Spain and Greece go bankrupt, bondholders and bankers will lose money. What happens is you reorganize and you start over.

It’s been happening for a few thousand years. There’s nothing new about it. - 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.

Video: Very Worried About Central Banks

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: The Spanish Bank Bailout

Jim Rogers comments the spanish bank bailout on CNBC.

 Related: Banco Santander ADR (STD), Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA), MSCI Spain Index (ETF) (NYSE:EWP)

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.

Buy A Farm. Become A Farmer.

Buy a farm. Become a farmer. If you’re competent, it’s going to be a great business for the next 20-30 years. - in CNBC

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

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 Solution To Too Much Debt Is Not More Debt!

The solution to too much debt is not more debt! This is most insane thing I’ve ever heard. It’s going to make the collapse, when it comes even worse – be careful. No, don’t be careful. Be worried. - 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.

European Bailouts: It’s Absurd Economics And Absurd Morality

The way system is supposed to work – when you fail you fail – competent people come in and take over the assets. But what they’re doing is taking assets from the competent people and giving them to the incompetent people – it’s absurd economics and absurd morality. - in CNBC

Related ETF: MSCI Spain Index (ETF) (NYSE:EWP)

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.

Politicians Buy Votes Debasing The Currency

Excerpt from BBC Hard Talk. 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 Global Economic Restructuring

The global economic restructuring from England to America came with the economic and financial crisis made by politics at that time. The world now sees a similar change again, the transition from America to Asia. Moreover, this financial crisis is also led by these mistakes from policy makers. - in MW 

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.

Leaving Chinese Shares To My Grandchildren

I always take the opportunity to buy Chinese shares when the stock market plunges and I‘ll leave these assets in the form of Chinese shares to my grandchildren. - in MW 

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 Another Slowdown In 2013 Or 2014

Every four to six years since the beginning of the Republic, we've had economic slowdowns, we've had recessions. Always. It's coming again. You can add as well as I can — in 2013 or 2014, we're going to have another slowdown, whether it's caused by Europe or who knows what going caused it, but it's coming. - Newsmax.TV 

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.

You Must Read This Book

Dambisa Moyo offers a smart primer for investors looking to make sense of the opportunities and risks in the commodity space today. You must read this book if you want to understand the reality of what's happening in the world today. - in CBS MarketWatch 

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.

Be Very Worried About 2013

Be very worried about 2013 and be very worried about 2014, because that’s when the next slowdown comes. In 2002 we had a recession and in 2008, it was worse because the debt was so much higher. The next time is going to be even worse because the debt is so staggeringly high now. So if you are not worried about 2013, please — get worried. - in fyxnews 

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 Economic Situation is Very Dire

If you are going to raise taxes in 2013 I assure you the economy is going to slow down and slow down a lot. Cutting spending would be good, by the way. It would help the economy. Would they do that? I doubt it because too many lobbyists are going to race in and say 'you can't cut my spending. - Newsmax.TV 

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.

Be Very Careful About 2013 & 2014

Latest video interview with RT.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.

Are We Going Back To The Gold Standard? It`s Unlikely.

I think it's unlikely. I know there are lots of people who would like to return to the gold standard, but the problem with the gold standard is that it always had problems, too. Politicians can always figure out ways to try and cheat us, the poor citizens. - in MoneyNews 

Related ETF: 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.

If Spain Suddenly Goes Bankrupt, Everything Is Going To Collapse

If Spain suddenly goes bankrupt out of the blue, everything is going to collapse ... to $1,300 or $1,200 if it goes that low, and I hope I am smart enough to buy a lot more. - in MoneyNews 

 Related: SPDR Gold Trust ETF (GLD), iShares MSCI Spain Index ETF (EWP)

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.

Precious Metals Are Going To Make A Lot Of Money For A Lot Of People In The Next Decade

If it goes down, I hope I am smart enough to buy more, and I hope I am smart enough to buy more silver, because precious metals are going to make a lot of money for a lot of people in the next decade. - in MoneyNews

Related: SPDR Gold Trust ETF (GLD), IShares Silver ETF (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.