Investment Ideas, Video Interviews And Media Appearances - Unofficial Blog Of The Legendary Investor
December 31, 2012
Video: Bullish On Agriculture
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.
December 30, 2012
Ideas: A Sign Of Potential Success
“If anybody laughs at your idea, view it as a sign of potential success!” - 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.
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.
December 29, 2012
I Have Never Met A Rich Technician
"I have not met a rich technician. Excluding, of course, those that sell their services and make alot of money." - 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.
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: Debt Talks A "Charade"
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.
December 28, 2012
Stock Markets: I Am Not Optimistic For The Most Part
"I'm not optimistic for the most part about stock markets. I don't own many stocks anywhere in the world." - in The WSJ
Related: iShares MSCI Emerging Markets (EEM), SPDR SP 500 ETF (SPY)
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 MSCI Emerging Markets (EEM), SPDR SP 500 ETF (SPY)
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.
December 27, 2012
Gold: I Expect The Correction To Continue
Related: 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.
December 24, 2012
Russia And Indonesia: Things Are Improving For The Better
Even some where I've been somewhat sceptical in the past, like Indonesia or Russia, I am realising that things are improving for the better, and there are possibilities in both of those countries, and many other Asian countries. - in Fool UK
Related: Market Vector Russia ETF Trust (RSX), Market Vectors Indonesia Index ETF (IDX)
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: Market Vector Russia ETF Trust (RSX), Market Vectors Indonesia Index ETF (IDX)
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.
December 23, 2012
The Next Recession Is Going To Be Worse
In 2002, we had an economic slowdown; 2007 and '08 was worst, because the debt was so much higher. Well, the next one in 2013/2014 is going to be worse still, because the debt is so, so much higher now, so then that slowdown or recession, or whatever it's going to be called, will be worse in 2007 and '08. Let's assume we get out of that one, one way or the other. Then the next one at the end of the teens, the beginning of the Twenties, will be worse still, because the debt will be so much higher, so by then, the US will probably be bankrupt, just as the UK was in the mid-Seventies. - in Motley Fool
Related: SPDR SP 500 ETF (SPY)
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: SPDR SP 500 ETF (SPY)
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.
December 22, 2012
India: The Indian Bureaucracy Is The Worst In The World
If you can only visit one country in your life, David, I would urge you to visit India – there's no country in the world like it, from a visitors' or tourists' point of view. But as far as doing business, first of all, I've travelled the world, as you probably know, and I've seen a lot of bureaucracies. Well, the Indian bureaucracy is the worst in the world. They learned bureaucracy from the English, and then took it to a higher plane, even. It's a nightmare to do business there. They don't like capitalists, they don't like entrepreneurs. - in Motley Fool
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.
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.
December 21, 2012
You Are Going To See More And More Brands Coming Out Of Asia
They have developed brands in the East, and in my view, that will continue. A hundred years ago, who would have thought that Ford would be a brand that anybody would have ever heard of? I mean, Henry Ford's just this old toad sitting there, making these cars – who would have thought? Even in the Twenties, General Motors was far and away better known than Ford. So it takes a while to develop a brand, but it can happen, and in my view it will happen. The markets here are huge.
Of course, if you go into any shop in Shanghai, they all want to have a Burberry – everybody would like to have a Burberry, because it's the western brand, and the others which you mentioned. But I suspect that that is going to evolve, just as has happened – as Tom Peters said, creative destruction is always going on in the world, and you're going to see more and more brands coming out of Asia, as the Asian consumers become wealthier and wealthier, and want to buy their own stuff, and, of course, it will be cheaper and better.
In the end, just as General Motors' cars became pretty sloppy and shoddy, when they didn't have to compete, that's going to happen to the western brands, as Asia rises. - in Fool 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.
Of course, if you go into any shop in Shanghai, they all want to have a Burberry – everybody would like to have a Burberry, because it's the western brand, and the others which you mentioned. But I suspect that that is going to evolve, just as has happened – as Tom Peters said, creative destruction is always going on in the world, and you're going to see more and more brands coming out of Asia, as the Asian consumers become wealthier and wealthier, and want to buy their own stuff, and, of course, it will be cheaper and better.
In the end, just as General Motors' cars became pretty sloppy and shoddy, when they didn't have to compete, that's going to happen to the western brands, as Asia rises. - in Fool 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.
December 20, 2012
If Gold Goes Down, I Hope I'm Smart Enough To Buy More
If gold goes down – I hope I'm smart enough to buy more. If it goes down a lot, I hope I'm smart enough to buy a lot more. - in CNBC
Related: SPDR Gold Trust (ETF) (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.
Related: SPDR Gold Trust (ETF) (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.
Gold & India
"India's got a big balance of trade deficit – some Indian politicians are starting to blame it on gold. If they figure out a way to cut or crimp imports of gold – if something like that happens, that will be a big shock to all those bulls on gold and who knows how low it can go." - in CNBC
Related: SPDR Gold Trust (ETF) (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.
Related: SPDR Gold Trust (ETF) (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.
December 19, 2012
Gold: 30 Percent Corrections Are Normal Even In Big Bull Markets
"Most things correct 30 percent every year or two, even in big bull markets – 30 percent corrections are normal and yet gold has only done that once in the past 12 years. Gold on any kind of historic market basis is overdue for a nice correction." - in CNBC
Related: SPDR Gold Trust (ETF) (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.
Related: SPDR Gold Trust (ETF) (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.
Gold: Just Be Careful, There Are Too May Bulls
"Just be careful, there're too many bulls, including me, but I'm very cautious. Gold is having a correction— it's been correcting for 15-16 months now— which is normal in my view, and it's possible that the correction is going to continue for a while longer." - 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.
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.
December 18, 2012
Be Careful, Be Worried, Be Prepared
America's now the larger debtor nation in the history of the world, and they're printing more and more money. This is going to have the same consequences it's had throughout history. Stagnant economies, inflation, economic turmoil, interest rate turmoil, currency turmoil – it's not going to be fun. Be careful, be worried, be prepared. - in Motley Fool
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.
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.
Austrian School Of Economics
Well, if you go back to previous periods in history, in the early Twenties, for instance, America had an economic problem, and believe it or not they raised interest rates, they balanced the budget. They had a terrible year or two in the early Twenties, but then they had one of the most prosperous and exciting economic decades in history, in American history.
The Scandinavians, in the early Nineties, had the same problem. They let people go bankrupt, they let the market take its course – that was a horrible pain for a couple of years, but then Scandinavia became one of the most prosperous parts of the world economy, over the next 10 – 15 years, so that solution works.
The Japanese, at the same time in the early Nineties, did the opposite. They refused to let people go bankrupt. They spent staggering amounts of money they didn't have. They printed a lot of money, and the Japanese still talk about the 1990s as a lost decade; now they talk about two lost decades. That has not worked – that system of, the tangient system, if you will, has not worked any time in history.
Hayek, as you call it, has worked. It's difficult for a while, but in the end you clean out the system. Many people, not just Hayek – but von Mises, Schumpeter – many economists throughout history have said, unless you clean out the system, anything after that is artificial, any recovery is artificial and it won't last. So far, they've been proved right, and Keynes has not been proved right. - in The Motley Fool 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.
The Scandinavians, in the early Nineties, had the same problem. They let people go bankrupt, they let the market take its course – that was a horrible pain for a couple of years, but then Scandinavia became one of the most prosperous parts of the world economy, over the next 10 – 15 years, so that solution works.
The Japanese, at the same time in the early Nineties, did the opposite. They refused to let people go bankrupt. They spent staggering amounts of money they didn't have. They printed a lot of money, and the Japanese still talk about the 1990s as a lost decade; now they talk about two lost decades. That has not worked – that system of, the tangient system, if you will, has not worked any time in history.
Hayek, as you call it, has worked. It's difficult for a while, but in the end you clean out the system. Many people, not just Hayek – but von Mises, Schumpeter – many economists throughout history have said, unless you clean out the system, anything after that is artificial, any recovery is artificial and it won't last. So far, they've been proved right, and Keynes has not been proved right. - in The Motley Fool 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.
December 17, 2012
Assets To Watch
Well, I am short on stocks and I am short on bonds. That gives my view on stocks and bonds. I am long on commodities and I am long on currencies. Myanmar has a great future, Angola has a great future. I am contemplating investing in Russia. - in Markit`s 2013 Market Outlook
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.
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 Time We Have An Economic Slowdown, It`s Going To Be Worse Still
The U.S. has had economic problems every 4 to 6 years since the beginning of the republic, so another crisis is due. The next time we have an economic slowdown, it`s going to be worse still. because the debt is much higher now than it was in 2008. - in Markit
Related: SPDR SP 500 ETF (SPY)
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: SPDR SP 500 ETF (SPY)
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.
December 16, 2012
Financial Markets: The U.S. Is Losing The Premier Position
The US has had a monopoly on the financial markets, or the premier position in the industry for a long time. Now it no longer leads because it keeps shooting itself in the foot and driving the business away. The Asian financial community is going to be a beneficiary of these changes. - in Markit, 2013 Predictions
Related: Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), CME Group Inc (NASDAQ:CME), NYSE Euronext (NYSE:NYX), IntercontinentalExchange Inc (NYSE:ICE)
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: Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), CME Group Inc (NASDAQ:CME), NYSE Euronext (NYSE:NYX), IntercontinentalExchange Inc (NYSE:ICE)
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.
December 15, 2012
The Magic Of Investing
If you compound your money at 9 percent a year, you are better off than investors whose results jump up and down, who have some great years and horrible losses in others. The losses will kill you. They ruin your compounding rate, and compounding is the magic of investing. - in Investment Biker
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.
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.
December 14, 2012
The Long View
Bankruptcy, currency turmoil, higher interest rates and more inflation. It is going to appear a lot like the 1970`s. Back then, most world economies didn`t do very well. Stock markets went sideways, but the people who owned real assets made fortunes. The people who owned stocks and bonds went bankrupt. - in Markit Magazine
Related: SPDR Gold Trust (ETF) (NYSE:GLD), SPDR SP 500 ETF (SPY)
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: SPDR Gold Trust (ETF) (NYSE:GLD), SPDR SP 500 ETF (SPY)
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.
All The People Studying MBAs Are Making Terrible Mistakes
The 1980s, the 1990s and the last decade were great for finance. That`s come to an end.
So all the people studying MBAs are making terrible mistakes. They should be studying agriculture, mining or engineering. - in Lurking Dangers, Markit
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.
So all the people studying MBAs are making terrible mistakes. They should be studying agriculture, mining or engineering. - in Lurking Dangers, Markit
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.
Optimistic About Agriculture & Water Treatment
I am extremely optimistic about agriculture so agriculture nations will probably do well. I am optimistic about water treatment. People who have a lot of water capability are going to do well. - in Markit
Related: PowerShares DB Agriculture Fund (NYSE:DBA), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), water treatment stocks;
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: PowerShares DB Agriculture Fund (NYSE:DBA), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), water treatment stocks;
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.
December 12, 2012
The Bubble Film: Jim Rogers 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.
China: Soybean, Wheat, Sugar
As you know, they already import soybeans. And consumption of wheat continues to rise in China, with Chinese prosperity, and so does sugar consumption. So anything that China consumes and is in short supply there will benefit from Chinese prosperity. - in Index Universe
Related: 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.
Related: 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.
December 11, 2012
Gold: Up 12 Years Without A Down Year
I don’t know any asset that’s gone up 12 years without a down year except gold. Gold has had only one decline over 30 percent in those 12 years. - in Bullion Vault
Related: SPDR Gold Trust (ETF) (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.
Related: SPDR Gold Trust (ETF) (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.
We Are Running Out Of Farmers
We’re running out of farmers. The average age of farmers in America is 58; in Australia it’s 58; in Japan it’s 66. In America, more people study public relations than study agriculture. So the farmers are dying and retiring, and no young people are coming into agriculture. Agriculture is facing a serious, serious problem, so prices have to go much, much higher, or we’re not going to have any food at any price. - in Index Universe
Related: 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.
Related: 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.
December 10, 2012
Compounding Is The Magic Of Investing
If you compound your money at 9 percent a year, you are better off than investors whose results jump up and down, who have some great years and horrible losses in others. The losses will kill you. They ruin your compounding rate, and compounding is the magic of investing. - in Investment Biker
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.
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.
December 9, 2012
Gold Has Gone Up 12 Years In A Row. That Is Extremely Unusual.
I don’t know any asset that’s gone up 12 years without a down year except gold. Gold has had only one decline over 30 percent in those 12 years. That, too, is extremely unusual. - in Index Universe
Related: SPDR Gold Trust (ETF) (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.
Related: SPDR Gold Trust (ETF) (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.
December 8, 2012
On A Historic Basis, Silver Is Cheaper Than Gold
On a historic basis, silver is cheaper than gold. Gold is down 10 or 15 percent from its all-time high. Silver is down 30 or 40 percent. So I guess I’d rather buy silver than gold. I’m buying neither at the moment. But if I had to, I’d probably buy silver today rather than gold. - in Gold News
Related: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (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.
Related: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (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.
December 7, 2012
Agriculture: Supply & Demand
We have been consuming more agricultural commodities than we have been producing in the world for the last decade or so. So inventories are near historic lows, which, of course, is a dangerous situation.
But worse still, we’re running out of farmers. The average age of farmers in America is 58; in Australia it’s 58; in Japan it’s 66. In America, more people study public relations than study agriculture. So the farmers are dying and retiring, and no young people are coming into agriculture. Agriculture is facing a serious, serious problem, so prices have to go much, much higher, or we’re not going to have any food at any price. - in Index Universe
Related: 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.
But worse still, we’re running out of farmers. The average age of farmers in America is 58; in Australia it’s 58; in Japan it’s 66. In America, more people study public relations than study agriculture. So the farmers are dying and retiring, and no young people are coming into agriculture. Agriculture is facing a serious, serious problem, so prices have to go much, much higher, or we’re not going to have any food at any price. - in Index Universe
Related: 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.
December 6, 2012
Fiscal Cliff: None Of Their Plans Show Any Debt Reduction For A Year
None of these talks are going to lead to reduction of the debt. Whether it’s the president or the Congress, none of their plans show any debt reduction for a year, if not a decade. So they may just be slowing down the march over the cliff. But they're not solving the problem. - in Bullion Vault
Related: SPDR SP 500 ETF (SPY)
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: SPDR SP 500 ETF (SPY)
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.
Russia Has A Gigantic Potential
Actually, since 1917, the Russians have said, “When it’s your money, then invest here, and we’ll all get rich.” And as soon as you did that, they took it away from you, or shot you, or put you in jail, or whatever. But I have the view that Putin, for whatever reason—I'm not going to speculate about his reasons—that the government has changed now in Russia, and realizes they have to play by the same rules that everybody else does if they're going to prosper.
And so, if that’s the case, Russia has gigantic potential. They’ve got everything in the world there: huge natural resources. They're trying to develop the transportation network so that they can transport goods from Asia through Siberia. And they're spending huge amounts of money doing it. If it works, it would save a lot of time and money to get goods to Asia instead of going by ship. It would ruin Singapore, of course, because Singapore would be wrecked by the new transportation route. Anyway, there are various things that I see happening that give me encouragement for the first time in my life about Russia. - in Index Universe
Related: Market Vector Russia ETF Trust (NYSE:RSX), iShares MSCI Singapore Index Fund (ETF) (NYSE:EWS)
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.
And so, if that’s the case, Russia has gigantic potential. They’ve got everything in the world there: huge natural resources. They're trying to develop the transportation network so that they can transport goods from Asia through Siberia. And they're spending huge amounts of money doing it. If it works, it would save a lot of time and money to get goods to Asia instead of going by ship. It would ruin Singapore, of course, because Singapore would be wrecked by the new transportation route. Anyway, there are various things that I see happening that give me encouragement for the first time in my life about Russia. - in Index Universe
Related: Market Vector Russia ETF Trust (NYSE:RSX), iShares MSCI Singapore Index Fund (ETF) (NYSE:EWS)
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.
December 5, 2012
I Have Shorted The Bond Market
I've shorted the bond market. I hasten to tell you I've shorted the bond market two or three times in three years—unsuccessfully. I don't know if I got my timing right this time or not. - in Bullion Vault
Related: iShares Lehman 7-10 Year Treasury Bond (ETF) (NYSE:IEF), iShares Barclays 20+ Yr Treasury Bond (ETF) (NYSE:TLT), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT)
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 Lehman 7-10 Year Treasury Bond (ETF) (NYSE:IEF), iShares Barclays 20+ Yr Treasury Bond (ETF) (NYSE:TLT), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT)
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: The Bull Market Is Still Intact
Well, I don't see the end in sight—yet. Conceivably, the world economy is going to collapse sometime in the next decade. And if that happens, needless to say, then central banks are going to print even more money. It's the wrong thing to do, but commodities will benefit and be a better place to invest than stocks, or certainly better than bonds if that happens.
On a historic basis, we're maybe two-thirds of the way through the commodity bull market. Normally, eight, nine, 10 years into any bull market in anything, you start to see more supply come in. But what happened in 2008 and 2009 means there is a lot of potential capacity or supply that's been deferred or delayed. So we don't have as much supply coming as we normally would in this stage of the bull market.
So this bull market might last longer than most. But again, there's no reason for me to determine that yet. The bull market is still intact. I hope I'll be smart enough to recognize that a lot of capacity and a lot of supply is coming in, because that will be the end of the bull market. But that's still years away. - in Gold News
Related: SPDR Gold Trust ETF (GLD), United States Oil Fund LP (ETF) (NYSE:USO), 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.
On a historic basis, we're maybe two-thirds of the way through the commodity bull market. Normally, eight, nine, 10 years into any bull market in anything, you start to see more supply come in. But what happened in 2008 and 2009 means there is a lot of potential capacity or supply that's been deferred or delayed. So we don't have as much supply coming as we normally would in this stage of the bull market.
So this bull market might last longer than most. But again, there's no reason for me to determine that yet. The bull market is still intact. I hope I'll be smart enough to recognize that a lot of capacity and a lot of supply is coming in, because that will be the end of the bull market. But that's still years away. - in Gold News
Related: SPDR Gold Trust ETF (GLD), United States Oil Fund LP (ETF) (NYSE:USO), 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.
December 4, 2012
All The Signs Are That There's Too Much Speculation In Gold Right Now
I own gold and I own silver. I own all the precious metals, especially gold and silver. I'm not sure I would buy right now. Gold has gone up 12 years in a row, which is extremely unusual for any asset, at least in my experience. I don’t know any asset that’s gone up 12 years without a down year except gold. Gold has had only one decline over 30 percent in those 12 years. That, too, is extremely unusual.
Plus, if you look at the open interest from the CFTC, the speculators have been piling into gold. The number of call options is more than twice the put options. All the signs are that there's too much speculation in gold right now. I’m not selling, by any stretch. I own it. If it goes down, I’ll buy more.
If America bombs Iran, I’ll probably buy more going up. But I own it and, over the longer term, gold is going to go much higher because the world is doing nothing but printing money. And when the world economies get bad again, they're going to print even more money. But I'm not buying now. - in Index Universe
Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (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.
Plus, if you look at the open interest from the CFTC, the speculators have been piling into gold. The number of call options is more than twice the put options. All the signs are that there's too much speculation in gold right now. I’m not selling, by any stretch. I own it. If it goes down, I’ll buy more.
If America bombs Iran, I’ll probably buy more going up. But I own it and, over the longer term, gold is going to go much higher because the world is doing nothing but printing money. And when the world economies get bad again, they're going to print even more money. But I'm not buying now. - in Index Universe
Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (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.
December 3, 2012
Video: I Like Having Fun These Days
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.
December 2, 2012
Video: Everybody Loses In A Trade War
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.
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