Jim Rogers Blog

Monday, August 3, 2015

Crude oil may not have bottomed yet

I own gold and I am not buying gold right now. If it goes down, I will buy more. 

As for oil, the way most markets work, they have a big drop and collapse followed by a rebound. It is sometimes called a ‘dead-cat bounce’, and then it goes back to test the bottom again. 

I suspect crude oil will test the lows and pass this test, but in the meantime, I am not buying oil. I am waiting to see the oil test lows again.


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.

Thursday, July 30, 2015

Why UK should not leave the EU


If the UK left the European Union, London’s dominance of foreign exchange including euro trading would gradually decline and then end as the flows moved to Asia and other European capitals.

London’s dominance of the foreign exchange market evolved historically but evolution will continue in other places if the UK leaves. It would be foolish to leave the EU, but politicians have done foolish things since the beginning of time.


via REUTERS


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, July 29, 2015

People buy US Dollar during market crisis

Once we have more currency turmoil, many people will flee to the US dollar and because they do not know what else to do. They think it is a safe haven. It is not a safe haven. It is not a prediction but this can happen.


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.

Tuesday, July 28, 2015

Gold could bottom once China crisis passes


Many stocks in China are closed, so one cannot trade in those. The people who had margin calls and who had borrowed money had to sell anything to raise money, as they could not sell stocks.”

Once this artificial liquidation is over, I suspect base metals would be a good place to be in. The Chinese have borrowed against their copper and other base metals, so they were forced to sell when they got huge margin calls. I suspect we will see some kind of bottom going forward.




via ValueWalk

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, July 27, 2015

Market Corrections are part of the overall markets

Risk aversion is good, because one needs corrections and consolidations. Bull markets climb a wall of worries; when nobody is worried and nobody is scared, it’s a problem. So, you want people to be scared and worried. This is not good for people losing money but it is good for the overall markets.




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.

Friday, July 24, 2015

India debt relatively high compared to other Asian countries

Business Standard: There were some reports that the rupee could come under pressure in case the situation in Greece worsens. What are your thoughts?

Jim Rogers: I don't know much about the rupee at this moment, but India still has very high amount of debt compared to some other regions across the world. Many other currencies would be a better place to be than the rupee.



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.