Jim Rogers Blog

Thursday, February 11, 2016

Oil prices may be in a bottoming process but could see panic low

In my view, oil is making a complicated bottom. If we have some kind of panic, who knows how low oil or anything else can go? You know as well as I do that you have hysteria or a panic, things go to crazy prices. But oil, other than the panic, is making a complicated bottom. Capacity is coming out of oil especially in America. We are seeing the bottom for oil.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, February 10, 2016

2016 - 2017 will not be good partly due to central bank mistakes



We will all have to pay the price of mistakes.

The world is going to have problems. In America that used to be the main market, it has not got a serious stock market set back in the past 6-7 years. That is very unusual. Normally, market corrects 15-20 per cent every year or so. We haven’t had corrections like that because of the artificial money printing by the central bank. We are going to have a big problem next time we have a setback and it is coming in 2016-2017.

Wednesday, February 3, 2016

Rogers on US Stocks, China, Junk Bonds and US Dollar

What I have done is I’m short in the U.S. stock market – the nine or ten stocks that never go down – Amazon, Netflix…those things. I am short junk bonds in the U.S., 

I am long in China – mainly because I have to be long somewhere. 

So I’m short junk bonds, I’m short the U.S. stock market, I own a lot of U.S. dollars for the reasons I mentioned. That’s mainly where my money is. But who knows if I’ve got it right. I own some other stocks too that I’ve owned for decades.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, February 1, 2016

Central Bank money printing will get worse

When the next turmoil comes, they’re all going to print money to save us, they’re going to get calls from all over the world saying civilization is coming to an end, and you must save us. There comes a time when nobody’s going to pay attention. That’s what I expect to happen. 

They’re going to try something new next time around, and it’s not going to work. I mean they work for a while, but it’s not going to work. And then, they’re all going to do their best, but their best is going to lead to ruination because the rest of us are going to say ‘we don’t want your garbage any more, we don’t want to place this game any more.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, January 27, 2016

Bonds and stock markets: How it will play out

I know that the bull market in bonds is coming to an end. What I expect to happen ... is things are going to get difficult in the markets, the market is going to go down – whatever the number is – you pick the number, 13 percent, 17 percent…and the Central Bank is going to panic, and as you know, they’re just bureaucrats and academics – they’re not very smart people. 

So they will panic, and they’ll lower interest rates or print more money…whatever they do, they’re going to try to come to the rescue of the bond markets, and bonds will rally, but that will probably be the last time, and stocks will rally, but that will probably be the last time, and then ... then the bear market in bonds resumes, and after a 35, 36 year hibernation, we’re all going to pay a horrible, horrible price. And the next time around, this is going to be much worse then 2008, because the debt is so, so so much higher.

You remember when Lehman Brothers disappeared ? Well Lehman Brothers has been around since the 1850’s. Bear Stearns had been around since the 1920’s.


via MidasLetter

Monday, January 25, 2016

Jim Rogers owns US Dollars and will sell once its over valued

I’m the single worst short term trader in the world. I don’t think we’ve hit the bottom [in gold]. I’m still looking for a bottom under 1,000. Who knows if it will get there, but if it does, I hope I’m smart enough to buy a lot of gold. In the end, gold’s going to turn into a bubble, and it’s going to go much, much higher. I just don’t know when. But I’m not buying gold yet.



What I do expect to happen, is that as the turmoil spreads, I expect more people will flee toward the U.S. dollar – I own a lot of U.S. dollars – but because of that, people think it’s a safe haven. It is not a safe haven, as you well know, but people think it is. So the dollar will go higher, it will get overpriced, it may turn into a bubble. 

Gold will go down in a time like that, because often – not always, but often – gold goes down when the dollar goes up. So I will sell my dollars at that point, and put it into something else – perhaps gold. If that scenario works – the dollar gets overpriced, gold gets beaten down because of the panic, then I hope I’m smart enough to buy gold or Renminbi or whatever it happens to be at that point.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.