Jim Rogers expects major stock market issues

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

I wish I could invest in North Korea and Venezuela. There are plenty of places like that around the world.

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

We are in precarious times | I'd like to be investing in Venezuela but I cannot.

"I have learnt that when countries collapse, normally if you invest in a country that has a catastrophe you make a whole lot of money over the next Four or Five years. But I cannot do anything in Venezuela right now."


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

Jim Rogers says he sees some danger signs in the US stock market.

Jim Rogers says he sees some danger signs in the US stock market.

"I am not investing in US stock market because I expect problems to come in the next year or two. I am not buying shares. In the US market, some of the stocks like Apple and Google go up every day. They never go down, which is a dangerous sign in any stock markets. When you have a few stocks always going up and the movement has been concentrated and that seems to be what is happening in the US stock market."



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

Crude Oil pricing fundamentals still strong longer term

Crude oil has not done well the last decade or two.....but it could be making an important bottom which signals long term pricing bullishness.

Fundamentals "Crude in my view is in the process of making a complicated bottom in a few years and then it will be going up for a long time and that is because known reserves of oil all over the world are in decline, and have been in decline for some years."


Price Bottoming process
"Oil prices are bottoming out. They have been bottoming out since 2014. It is a complicated bottom. If you look on the soft price chart you will see the bottom is going sideways for several years. They are going sideways, sideways, sideways, sideways up and down, up and down, up and down, up and down for years. So it is the best bottoms. When they turn around, they go up a lot. And we are in the process of making a bottom like that."



via economictimes

Sadly Americans are not allowed to invest in Venezuela and North Korea

Turmoils and market crisis usually present great buying opportunities. Jim Rogers wishes he could invest in two troubled countries Venezuela and North Korea.

"I would like to invest in Venezuela, but then I am not allowed to because I am American. I have learned over the decades that when you have a country totally collapsing, if you invest there, you become happy after four or five years. I am not allowed to invest in Venezuela at the moment and North Korea I would love to invest in but the same applies. I am not allowed to because I am an American. I am not rushing around looking for investments right now because I am worried about what is going to happen in the world." 


via economictimes