Tuesday, December 31, 2013

Debt rising like a beanstalk

We've had economic slowdowns every 4-6 years in America...

In 2008 it got worse and worse and worse, because the debt so much higher. Look out the window. 

You can probably see the debt rising! It's like the beanstalk.

Monday, December 30, 2013

How to invest in North Korea ?

It's illegal for Americans to invest in North Korea. It's probably illegal for us to even say the word "North Korea". I look around to see which countries are hated. In North Korea there is no stock market, and there is no way to invest, especially if you are an American, but sometimes you can find something in a secondary market.

There were people once upon a time—and maybe even now—who invested in North Korean debt. I have not done that, but it may be another way that people can invest in North Korea. I don't even know if North Korean debt still trades, but it was defaulted on at some point.

Stamps and coins were the only ways I knew of that one could get some sort of exposure. This is because you are not investing in the country, obviously, because you are buying them in a secondary or tertiary market. That said, I think the US government is going to make owning stamps illegal too.

Friday, December 27, 2013

Thursday, December 26, 2013

Opportunities to invest in Crisis countries

I first invested in China back in 1999 and then again in 2005. The market at those times was very, very bad. I invested again in November of 2008, when all markets around the world were collapsing, including in China.

So I have certainly made investments in countries with crisis markets, and I'm getting a little better at it than I used to be, because I have had more experience now. That's why I keep emphasizing that you have to know what you're doing. And by that I mean paying attention to and doing your homework on a stock or a commodity or a country. If you do that with a crisis market, then chances are you can move in and make some money.

Tuesday, December 24, 2013

Difference between a Trader and Investor

Well, there are two aspects of it. One is being a trader, being able to buy panic, and nearly always if you are a trader or an investor, if you buy panic, you are going to do okay.

Sometimes it is better for the traders, because when there is a panic—a war breaks out or something like that—everything collapses, and some people are very good at jumping in and buying. Then, when the rally comes, the next day or the next month, they sell out.

Now, the people who are investors can also do that, but it usually takes longer for there to be a permanent rally. In other words, if there's a war and stocks go from 100 to 30 and everybody jumps in, it may rally up to 50, and then the traders will get out, it may go back to 30 again. I'm trying to make the differentiation between investors and traders buying panic.

As an investor, nearly always if you buy panic and you know what you are doing, and then hold on for a number of years, you are going to make a lot of money.

You also have to be sure that your crisis or panic is not the end of the world, though. If war breaks out, you have got to make sure it's a temporary war.

I used to work with Roy Neuberger, who was one of the great traders of all time, and whenever stocks would panic down, he was usually one of the few buyers, because he knew he could get a rally—if not that day, at least maybe that week or that month. And he nearly always did. No matter how bad the news, especially if there's a huge drop, it's probably a good time to buy if you've got the staying power and your wits, because you will likely get a rally. In terms of panic buying or crisis situations, that's normally the way to play.

Now, it's not always easy, because you are having everybody you know, or everybody in the media shrieking what a fool you are to even try something like that. But if you have your wits about you and you know what you are doing, and you know enough about yourself, then chances are you will make a lot of money.

Monday, December 23, 2013

Social unrest is going to get worse

Eventually the market's going to say we say we're not gonna take this garbage anymore, this is absurd.

This is not going to be fun. Don't think I'm looking forward to this. It's going to be a disaster. I don't see the bureaucrats coming to their senses, so it's going to be the markets, and it's going to mean a lot of unpleasant times.

You're already seeing social unrest in many countries, and it's going to get a lot worse I assure you.

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Friday, December 20, 2013

US could go the way of UK

In 1918 the UK was the richest most powerful nation on earth. Within a generation it was in economic chaos, and within 3 generations it was bankrupt and the IMF had to bail them out. They couldn't sell government bonds things got so bad.

Today the United States looks a lot like it could suffer the same loss of wealth and power as the UK began 100 years ago. 

I'm afraid that...right now there's no restriction on the Federal Reserve at all, and at the same time there's no restriction on Congress anymore. They keep making these deals to put off any kind of serious cutbacks.

[Policymakers] everywhere are under no constraint. Central banks can print as much as they want, the governments spend as much as they want. So there's no reason this can't go on for a while, because any corrections due to tapering will probably be temporary.

Thursday, December 19, 2013

Indian politicians trying to make indians sell their Gold

India, which is the largest buyer of gold in the world, has a gigantic balance of trade problem and the Indian politicians are blaming it on gold. Gold is their second largest import after oil, and they cannot do anything about oil, so they're attacking gold. 

They've already put on lots of restrictions to limit people buying gold. And now the Indian politicians are trying to figure out a way to make the Indians sell gold. And if the Indian politicians somehow get their people to sell gold, whoo! Who knows how low it could go? 

But I hope that if and when something like that happens, I'm smart enough to buy more gold. 

Wednesday, December 18, 2013

Staggering currency debasement to boost Gold prices

Who knows how low gold could go? The government is under no constraint. Central banks can print as much as they want.

With all this staggering amount of currency debasement, gold has got to be a good place to be down the road once we get through this correction.

Tuesday, December 17, 2013

Silver vs Gold December 2013

I'm not buying either gold or silver...but if I had to buy one today, I'd buy silver because it certainly has gone down more than gold. So on a historic priced-basis if nothing else, I'd rather own silver.

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Thursday, December 12, 2013

Be prepared, be worried, and be careful

2008 was so much worse than 2000 because the debt was so much higher, you wait until 2014 or 2015 when the next crisis hits...Debt levels have gone through the roof, the next one's gonna be really bad. 

Be prepared, be worried, and be careful.

Wednesday, December 11, 2013

The longer the delay, the more painful

We are just making the situation worse, the debt is going higher and higher, the money printing is going higher and higher.

We've had 50 or 60 years of excess in America, we're going to have to pay the price someday whether you like it or not. 

The longer you delay the day of reckoning, the worse the day of reckoning will be. I'm not happy about it.

Tuesday, December 10, 2013

This is going to be a crisis or semi-crisis at the least

Eventually when they [Government] say we are going to cut back, the markets are going to go down substantially, and these are people, they are just government employees, they are going to be scared to death.

So they are going to start printing again until finally the market says we are not going to take this garbage paper anymore and the market is going to force these guys to stop. That's going to be called a crisis.

Source: RT Interview

Monday, December 9, 2013

Market could continue rally for a while

I cannot see a crash anytime soon. I can see corrections, I can see the markets going down a bit and for a while, but with all the money printing everywhere in the world, and with no spending constraints by Congress, this could go on for a while.

Friday, December 6, 2013

We are all going down eventually with the kicked can

The way the system works is when you fail, you fail, and you start over. In America we dont do that anymore and we are kicking the can kicking down the road. And when the can goes over the side, we're all going to go with it. 

Thursday, December 5, 2013

I'm Extremely happy in Singapore: Rogers

Singapore is certainly a very developed country, its an astonishing success story over the past 40 years. 

Everything works, Its got great healthcare, great education, I'm extremely happy living in Singapore, my kids love it, my wife loves it. We're keen on Singapore.

-Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven

Wednesday, December 4, 2013

How the world economies have worked for thousands of years...

Its pretty simple. The way the world has worked for a few thousand years, is when people get into trouble, they fail. Confident people come along, re-organize the assets and start over. 

In America and the west, what they've said was no no, we are going to let the incompetent people take over the assets from the competent people and let them compete with the competent people with their assets. This is not good. The Japanese tried this in the early 90's and the Japanese had two lost decades. Its not going to work. In Scananavia in the early 90's, they let people go bankrupt, they had a horrible two or three years but since they have grown dramatically over the past 15 or 20 years.

Tuesday, December 3, 2013

Amazing thing happened in China recently

What happened in China the other week was very important. Its amazing, the Chinese are becoming more and more capitalist. It was very interesting they said the markets would be the final arbitrator, not the bureaucrats, not the government. In America its exactly the opposite, the Government says you don't decide we will do it, look at Obama Care, the government says we will figure out the solution. 

In China they say we will let the free open market decide. I would more prefer the Chinese open markets than where the government dictates everything.

Monday, December 2, 2013

Jim Rogers: I dont understand bitcoin

I'm sorry, I don't understand Bitcoin. I never really tried to get into it or figure it out. 

Every time somebody brings it up, I lose interest before it goes very far.

Tuesday, November 26, 2013

Fed will have to try to cut QE

Eventually [the Fed] will try to cut [Quantitative Easing]; it will finally cause the collapse. At that point, we will have a big change, because they will throw them out, whether it's the politicians or the central bankers or whoever … and then we'll finally start over. But it may be really painful in the meantime.

Monday, November 25, 2013

I wish politicians were smart

I wish the politicians were smart enough at some point to say, 
“We've got to stop this, this is going to be bad.”

Eventually the markets will just say, “We’re not going to play this game anymore” and we’ll have a serious collapse. 

You and I can print money all day long, but at some point, you, I and everybody else is going to say, “Wait a minute, guys, this money is getting worse and worse and more and more worthless, so why don’t we stop playing this game?” 

Friday, November 22, 2013

Jim Rogers on Trader wars, Japan

Nobody ever wins a trade war, a currency war, which is just another kind of trade war. Everybody loses in the end , some may temporarily come out ahead but it’s temporary if nothing else. 

The cost of living of many people is going up, and it certainly is, my gosh, in Japan you have a currency that’s down 25% in a year. Well I assure you the Japanese are feeling that because everything that Japan imports has gone up fairly substantially AND even the things that they don’t import are up because the Japanese manufacturers and the Japanese producers can raise prices because they don’t have to worry about competing with the foreigners any more.

Thursday, November 21, 2013

Should one invest in Gold or Silver ?

Well, silver is historically down 60% from its all-time highs, so yes, I would prefer silver at the moment because gold is down only what, 30 or 40% from its all-time highs.

Wednesday, November 20, 2013

Jim Rogers: I made mistakes in my life

I have learned, for whatever reason, to know that change is coming, to know to think against the crowd, that the crowd is nearly always wrong and to try to think for myself. 

Now, I certainly make plenty of mistakes and have made plenty of mistakes in my life, but these are some of the things that I have learned, to try to think around the corner, try to think to the future if you want to be successful.

Monday, November 18, 2013

Excess crude oil is temporary blip

There is excess supply in the crude market at the moment because of the Shale boom in the US. I am not sure how much long that is going to last because those wells are very short lived. But, at the moment there is a glut and we could very well see lower prices. 

However, do not sell your crude. If prices go down there will first be a cut back on the Shale. Shale has to have high prices in order to bring it to market and secondly oil is going to go much higher over the decade. 

Other known reserves are in decline, every other country in the world has declining reserves. This is a temporary thing. 

Thursday, November 14, 2013

Bullish Agriculture, base metals says Rogers

Jim Rogers is advocating buying of Agriculture investments. In a recent interview he said, "I am very optimistic about all agricultural products. I do not have a clue for the near term. I am a very bad short term trader."

And on the topic of metals, he likes base metals, not gold right now. Roger says "Base metals are down substantially. I suspect that base metals will be stronger next year. If I had to buy them I would. Some of the money printing is working its way into the economy. Some of that money would go into base metals as a protection against inflation. I would much rather buy base metals than precious metals."


Wednesday, November 13, 2013

Bernanke will not slow money printing

I am not sure it [Fed slowing the money printing] is going to happen. Firstly, Bernanke will not do it while he is here (Fed Chairman) because he does not want to go out with an egg on his face. 

Secondly, Ms Janet Yellen is coming in. I doubt if she is going to do it at first anyway because, a) she is keen on printing money and b) she knows what will happen when they start slowing down. So she is not going to do it anytime soon. If they do start slowing down, the markets are going to react and they (Fed) will panic and come back and say, "oh we are sorry". So, I do not see much tapering anytime soon.

The market eventually will force them (the Fed) to cut back. Eventually, the market is going to say, "we do not want this garbage paper anymore, we do not want to play this game anymore". But, I do not see that happening anytime soon.

Tuesday, November 12, 2013

Thoughts on Currencies and the world

I own the renminbi. I also own the dollar, not because I have such confidence in the U.S., but because I've got to invest somewhere, and if turmoil comes, people will flock to the dollar. It's not a safe haven, but it's considered that way. I cannot invest the way I want the world to be; I have to invest the way the world is.

Look, the yen has declined 25% [against the dollar] in less than a year, a staggering move for one of the world's most important currencies. The euro is a fabulous concept, but its execution has been bad.

I also own the Singapore dollar because I have expenses here. Singapore has allowed its currency to appreciate as a way to attack inflation—and it's an export economy. It doesn't have cotton fields or oil or natural resources, and everything is imported.

The Chinese should learn from Singapore. There are 1.3 billion Chinese, and they would be better off if its currency went up, because the cost of living would go down. Yes, some people, like the exporters, would have to adjust. But remember, the Japanese yen has gone up a lot against the dollar over the decades, and Japan still has a trade surplus with the U.S. But China does things its own way, and I think this is one of their mistakes.

source: barrons.com

Monday, November 11, 2013

Rogers says watch the central banks- Interview

Jim Roger talks about investing in China, Government policies, 2014, central banks around the world. 

Watch the full interview above to hear all his thoughts

Friday, November 8, 2013

Countries fighting debt with more debt

The fundamental problem in Japan is demographics. If they would let in immigrants or if they would have babies, then Japan could be very exciting. But they're not doing that, and they've got to stop spending money. Domestically, Japan is the world's largest debtor nation, and [Prime Minister Abe] says he's going to spend even more. It's astonishing to me that in the last decade or so, politicians all over the world have said the problem of having too much debt should be solved with even more debt!

Thursday, November 7, 2013

What is Jim Rogers position on GOLD ?

India is the world's largest consumer of gold. It's their second-largest import, after oil. They can't do much about oil, but Indian politicians are blaming their problems on gold, and they keep putting taxes and restrictions on gold imports. 

I expect I might get another chance to buy more gold in the next year or two, so I'm waiting. But I'm not selling what I have, and I expect gold to go well over $2,000 eventually.

Wednesday, November 6, 2013

Rogers is buying Sugar

Sugar prices have fallen some 75% from their all-time highs. Consumption is rising as economies grow and as more people use sugar for fuel. Yes, there's been a glut, which is why sugar farmers are producing less of it and prices are down. But you should buy low and sell high, and I'm buying sugar as we speak.

Tuesday, November 5, 2013

China's growing tourism local and international

Jim Rogers on Chinese roads:
When I first drove across China there were no highways, hotels, gas stations. Now you can get into a car and actually go somewhere. 


On Chinese people saving money and tourism:
There's still a high savings rate, but people are starting to spend more. Chinese tourism—both domestic and international—is going to be a staggering growth business for years to come. I own six or seven Chinese airlines because of that.

Monday, November 4, 2013

You can buy and sell congressmen

In the 19th century, as America was rising to power and glory, we had 15 depressions, virtually no human rights, little rule of law, massacres in the streets. You could buy and sell Congressmen in those days—you can still buy and sell Congressmen, but in those days they were a lot cheaper. 

Thursday, October 31, 2013

Bullish on China long term growth

In general, I don't like to buy China except when it collapses. 

The last time I bought China in any significant way was in October, November of 2008. But if and when the market falls, I'll buy. 

I've read all those skeptical stories about China for many years, and so far they haven't come true. 

Wednesday, October 30, 2013

Jim Rogers likes Russia, Myanmar markets

I was pessimistic about Russia for 46 years, and I think it's becoming the second most-hated market in the world, after Argentina. But I see positive changes taking place, so I'm looking. I bought a few shares of an index, and a few shares of Aeroflot because I see positive changes taking place in airlines. 

I also like Myanmar. There aren't many stocks you can buy there, and they're just building a stock market. But Nok Airlines is a regional airline making inroads there. In the long run I'm excited about Myanmar.

Tuesday, October 29, 2013

How to invest in agriculture ?

There are many ways to invest in agriculture. Below Jim Rogers talks in a recent Barrons interview on how one could invest in this promising sector.

"Buy shares in farms, farm equipment, fertilizer and seed companies that trade on exchanges around the world. Stock markets in agriculture-producing countries should do better than those in agriculture-importing ones. Retailers, restaurants, banks in agricultural areas will do well. Buy a vacation home on a lake in Iowa, not Massachusetts. And there are listed indexes like the RJA or the RGRA. [The RJA, or Elements Rogers Agriculture Total Return exchange-traded note, tracks the Rogers International Commodity Index, which Rogers designed. The RGRA is the RBS Rogers Enhanced Agriculture ETN]."

Monday, October 28, 2013

Jim Rogers short India and Turkey markets

I've been shorting some emerging markets like India and Turkey. It's [India] a hopelessly managed place. Countries like India, Turkey, Indonesia that have big balance-of-trade deficits could easily finance things when there's all this free money. But when people realize there won't always be this artificial liquidity, then there'll be problems.

Friday, October 25, 2013

Is agriculture a good investment right now ?

I think agriculture is going to be one of the best investments over the next few decades. The world has consumed more than it has produced for much of the last decade, so inventories are near historic lows. The average farmer is 58 in the U.S. and Australia, 66 in Japan. Old farmers are dying or retiring, and young people aren't going into agriculture. 

Young Americans go into PR, not agriculture. Prices have to go much higher to attract labor, management, capital or we're not going to have enough food in the long run.

Thursday, October 24, 2013

US government lies about inflation

We have inflation in India, China, Norway, Australia, everywhere but the U.S. Bureau of Labor Statistics.

I'm telling you they're lying. Go to a restaurant in New York, or a grocery store, and tell me that there's no inflation. Look here: In 2001, it cost $9 to go to the top of the Empire State Building. Now it's $44 to go to the top. The Museum of Modern Art in 2001 was $10, now it's $25. A cab from Kennedy airport to Manhattan in 2001 was $30 plus tolls. Now it starts at $52.

Wednesday, October 23, 2013

Drowing in liquidity

Japan has said it will print unlimited amounts of money. So Ben Bernanke said, "Wait a minute, we can throw in a trillion dollars a year." And the Europeans said they'll do "whatever it takes." There's a gigantic ocean of liquidity, and the people getting that liquidity are having a wonderful time. But it's totally artificial, and it's going to end badly when it ends, I assure you.

Tuesday, October 22, 2013

Is the bubble about to burst again ?

Fewer and fewer big stocks are going up, which is what happened near the end of the last bubble in 1999. Now, I don't know how long this will go on, but it can't go on forever. That said, you can't really short this market either. 

via Barrons online

Monday, October 21, 2013

Rogers glowing review of Singapore

Singapore has the best of everything—great education, great health care, everything works here. It's been an astonishing success story over the past 40 years. We're very pleased here. When I was selling my New York house, I almost backed out; I just couldn't bear the thought of leaving. But now I'm very happy here. I fly to New York and I realize I'm in a Third World airport. Then I get into a Third World taxi onto a Third World highway. The difference now just slaps me in the face. New York is a wonderful place, with the people and the vibrancy, but I can find the same vibrancy, if not more, in Asia.

Wednesday, October 16, 2013

Money printing will end badly

There is an artificial sea of liquidity right now. America, Japan, Europe, England are all printing money as fast as they can to debase their currency. This is an artificial liquidity boom. The people getting the money are very happy. It will end very badly. Eventually the markets are going to say we are not going to take your garbage paper.

Tuesday, October 15, 2013

Sugar is a good buy

Buy Sugar, if you goto a restaurant tonight and there is sugar, put it in your pocket because its free and its going to go higher. I buy sugar itself and I buy sugar companies, companies which produce sugar. 

Monday, October 14, 2013

World War 3 and Commodities

Nobody likes wars, fighting's and death but one thing is certain, Wall Street likes Wars. During periods of wars the stock market has done well specially with defensive sectors. On this touchy subject Mr Jim Rogers gives his opinion.

"If there is World War Three and Mr Obama seems to want to go to war. He seems desperate to want to go to war. That's going to make gold go through the roof and all commodities go through the roof. "

Jim Rogers is a successful investor and writer and frequently appears in media programs around the world. 

Sunday, October 13, 2013

Indonesia, India, Turkey are suffering

Look at Indonesia, India, Turkey, they have huge balance of trade deficits which were easy to finance and now they are suffering.

Friday, October 11, 2013

The largest debtor nation is America

They’re not on the brink of default because they can print as much money as they want. Yes, America’s the largest debtor-nation in the entire history of the world. Nobody’s ever been this deep in debt and it’s going higher and higher.

Source: RT

Not selling gold, silver

I have never sold an ounce of Gold or an ounce of Silver. Its gonna be for my kids unless there is a bubble.

Thursday, October 10, 2013

China will have setbacks

No country in the world goes straight up, every country has setbacks. In the 19th century America we had 15 depressions and yet we became the most exciting country in the 20th century. China is going to have a lot of problems. And when they happen take advantage of the opportunity.

Wednesday, October 9, 2013

Rogers: Opportunities in China

Chinese government is spending staggering amounts of money on agriculture. The place is horribly polluted, they know it. They are spending staggering amounts of money trying to clean up the pollution. Rail roads. They are trying to build the rail road system because its a more efficient and they know it. Chinese tourism, they have not been able to travel for a few hundred years. Now they can get passports very easily, now they can take money out of their country very easily. A billion 300 million Chinese tourists, they are going to change the name of Madison Avenue to China Avenue.

Tuesday, October 8, 2013

China has done well

China has done a spectacular job. But China is only 1/10th the size of Europe, America, Japan. India is only a third of the size of China. So no matter what happens to these other economies its not terribly relevant when you consider the size of the developed worlds.

Friday, October 4, 2013

Jim Rogers: Gold is not real money

A lot of people will say Gold is only the real money. Now the problem with that is throughout history, silver, brass, sea shells, lots of things have been used as money. The only thing is money as far as I'm concerned is if you go to a shop and hand them gold they are not going to give you a loaf of bread or anything. Until that happens gold is not money.

Thursday, October 3, 2013

Gold having rest, needs rest

Gold is having a rest, it needs a rest. I'm not buying it here. If it goes down under a $1000 and it could go down, I hope I'm smart enough to buy a lot. Its only a 50 percent correction and 50 percent correction is normal. 

Wednesday, October 2, 2013

War causes food, energy prices to go up

I do know that throughout history whenever you had war, things like food prices have gone up a lot, energy prices have gone up a lot, copper price, lead prices: you know, all of these things go up a lot whenever there’s been a war in the past.

Monday, September 30, 2013

Jim Rogers owns oil, gold

I own oil, I own gold, I own things like that and if there is going to be a war…they’re gonna go much, much higher. Stocks are gonna go down, some of the markets that I’m sure are already going down, commodities are gonna go up. I mean, yeah, some of the things I own all make a lot of money. It’s, I’m not particularly keen on war, I assure you, but it sounds like they want it.

Friday, September 27, 2013

China will be affected by America, Europe, Japan

America, Europe and Japan, these economies are ten times bigger than China. Even if China is doing everything right, it will still be affected by what's happening in the rest of the world,

Thursday, September 26, 2013

Money printing is going to end

Quantitative easing and money printing is going to end in one way or the other. It is going to cause problems in the world economy. Sometime in the next year or two, we are going to have another economic slowdown

Wednesday, September 25, 2013

Jim Rogers Video interview Gold, Russia, Sugar on Fox News 2013

Chinese will drive global tourism market

With the blooming development since the reform and opening up over the past thirty years in China, the Chinese get richer and richer, thus driving the development in the global tourism market in the future.

Tuesday, September 24, 2013

China has great potential in agriculture

Nowadays, the whole world is short of agriculture products and the agriculture population is reduced sharply and the average age of global farmers is too high. However, China has great potential in agriculture, which is a favorable opportunity for the agriculture investors.

Monday, September 23, 2013

Turmoil coming up

I actually own the US Dollar because I consider there is going to be a lot of turmoil coming. People think its a safe haven.

Decline in mining industry is good buying opportunity

The significant decline of market value in mining industry is a very good opportunity for people who are familiar with this field. If the value drops to 10 percent of original value, I am going to take some actions.

Sunday, September 22, 2013

Jim Rogers owns Swiss Francs

I don't own Euro's I own Swiss Francs. Euro is not executed well, lots of problems in the Euro.

Friday, September 20, 2013

Globalization is good for Chinese people

There is no reason to restrict the Renminbi globalization. It is good for all Chinese people, as Renminbi globalization means all investors worldwide can invest in China, which will bring great market opportunities to China's commodities. Stock price in China will rise, China will become the world's center for commodity transaction, China's financial market will be the best in the world.

The US dollar is a troubled currency, Renminbi globalization can't wait too long, now it is an opportunity for it. 

Thursday, September 19, 2013

Jim Rogers talks about Renminbi

The only currency I can see that is on the rise and can replace the US dollar some day is the Renminbi.

Wednesday, September 18, 2013

Jim Rogers confident in Chinese Yuan

China is the largest creditor country and has huge trade surplus. The Chinese government has leaded Chinese Yuan to be developed on the right way over the past eight years, and those development trends make me confident in the Chinese Yuan long-term development in the future.

Tuesday, September 17, 2013

India was on top in 1947

It could derail, or it could open-up these countries further. If the billion plus people in India demand more and say the current system that is going on since 1947 is absurd, then it might make India a whole lot better. Compared to many of the countries globally, India was on top in 1947, but relatively India has only declined since then.

Remember that you move from dictatorship to oligarchy to democracy to chaos—may be they will throw out these absurd oligarchs who rule India and then it may have a vibrant democracy and regain its proper place, its historic place in the globe.

Monday, September 16, 2013

dont ban gold trading

If India curbs its gold imports, will its economy be back on track? There is no question that if you have money, it is better to invest it than put it into a stagnant asset—according to this argument, women should not buy dresses or shoes, or we should not be buying houses...the one billion Indians are smarter than the market and also the government.

If they see that they are better off putting their money in gold, that is what they will do—the solution is not a ban on gold (import), but to make the economy exciting enough to make people want to put their money into other things. That will be better for the economy, but this is putting the chicken before the egg or the cart before the horse.

Friday, September 13, 2013

India scapegoates gold

In my view, the main reason for the correction, other than the fact that it needed it, was on account of Indian politicians who suddenly blamed their problems on gold. The three largest imports to India are crude oil, gold and cooking oil. Since they can’t do anything about crude and vegetable oil, the politicians said India’s problems were because of gold, which, in my view, is totally outrageous.

But like all politicians across the world, the Indians too needed a scapegoat. Is this the reason why gold started correcting? I don’t know. But, India is the largest importer of gold, and whenever the largest buyer cuts back, there will be a correction, whatever is the commodity. The correction may continue for several more weeks, months or even a year or two. A 50% correction is common for commodities, but if gold were to correct 50% before it made its final bottom, that would be between $900-1,000.

Thursday, September 12, 2013

Gold went up 12 years in a row

It is a great question because I too am fascinated with gold and I do own gold. Gold went up 12 years in a row, which is extremely unusual, and there has been no asset in history that has seen something like this. The anomaly in the gold market is how strong it has been—it has never happened ever—technically, gold was overdue for a big correction. But the correction should be different from most corrections because the rise was so different from most rises. I was expecting it to decline and it has.

Wednesday, September 11, 2013

Germans who were supposed to be hardworking and disciplined

I was using this to state that we should be very careful about what governments tell us. In one of my books, I’ve come down hard on Germany—the Germans who were supposed to be hardworking and disciplined were also found to be making up some of the numbers they had been reporting related to job creation.

Tuesday, September 10, 2013

If you go back over the last few years, you will see the Indian economy

If you go back over the last few years, you will see the Indian economy, as per the numbers its government has put out—some of the numbers its government has projected—are comparable with those of China. Then you go see both countries and you’ll realize something is wrong. If India’s growth over the last couple of years was comparable to that of China, where are the schools, the highways, the infrastructure, the housing, where has it all gone?

Monday, September 9, 2013

Germans who were supposed to be hardworking and disciplined

I was using this to state that we should be very careful about what governments tell us. In one of my books, I’ve come down hard on Germany—the Germans who were supposed to be hardworking and disciplined were also found to be making up some of the numbers they had been reporting related to job creation.

All government numbers are suspect

All government numbers are suspect. Last week, the US government revised its economic statistics and added a whole economy bigger than the Swedish economy—so America just went up a level in a week because they revised the numbers. I don’t trust what any government says. The Soviet Union used to have great numbers, but they were all made up in offices in Moscow.

Friday, September 6, 2013

Oxford and Cambridge can fill up all their seats with Indians

There are millions of entrepreneurial, driven and smart Indians, but most of them want to be abroad because they know that unless they are involved with the right people in India, they are not going to be successful. Fewer than 50% of Indians stay in school till their 12th grade.

How many universities are there in India—nothing when compared to the population! There are very good Indian universities, but they are nothing compared to the qualified Indians who need good education. One reason you see so many Indians going abroad is to compete or to get education. It would be such an exciting country to do business, if it were opened up. Historically, it has been an economic power and I would try and restore it to that position. Oxford and Cambridge can fill up all their seats with Indians who would pay their own way.

Thursday, September 5, 2013

You keep companies out of India citing national security

If I were an Indian politician, I would make the country’s currency convertible tomorrow and stop deficit spending this afternoon. I would take a chainsaw to government spending as you continue to run up debts, I would free up the economy, especially agriculture, to make India the greatest competitor in this sector. You know, to open a retail outlet in India, even for Indians it is so tough—but for foreigners, it will take years in the current system. You keep companies out of India citing national security—just go to China and there are foreign companies everywhere.

Wednesday, September 4, 2013

Indian companies are successful because of their relationship to the government

In India, many of its companies are successful because of their links with the government. Apart from a couple of software companies, I literally cannot think of Indian firms who have made it big in the international scene. But there are many Japanese, Korean, Chinese, Taiwanese companies that are very big globally. All Indian companies that are successful there are because of their relationship to the government.

Tuesday, September 3, 2013

Indian brands in Singapore

Yes, but on the other hand, there are not many successful Indian companies, outside those that are associated with the government. Look around in Singapore and you don’t see many Indian products, except for some restaurants. There are very few Indian brands that you would recognize outside India.

Monday, September 2, 2013

India has some of the smartest people in the world, but it does not have an education system to support it

In 1947, India was one of the most successful countries in the world relative to others. Even as recently as 1980, India was more successful than China, but then you know how that story turned. It was more successful than South Korea, more successful than most places in Asia—but, for me, it is unfortunate that you have failed to take advantage of some of your most valuable assets. India has some of the smartest people in the world, but it does not have an education system to support it. Infrastructure is equally poor. So, I don’t know if India would have been better without a democracy, and some of the greatest periods in history have been without democracy. But these are just my observations, and it is the Indians who must decide what they want.

Friday, August 30, 2013

Power corrupts

Power corrupts. Singapore was lucky. There has been plenty of criticism of Singapore’s (founding father) Lee Kuan Yew, and some of them are probably valid, but look at the results. Congo had a dictatorship for a long time, but has nothing to show for it. Singapore had a strong central government and look around you—I did not move to Congo, but I moved to Singapore. So it can go both ways.

Thursday, August 29, 2013

When South Korea opened up the people were rich

When South Korea opened up, the people were rich and they decided to get rid of the government without ruining the place. Taiwan did the same. Democracy being a problem may have credence in some Asian countries. But, I am not sure if India has been really a democracy in the true terms—from 1947 onwards, the opposition has had just one full term at the centre. The first five decades of its democracy, the centre has only seen a government led by a single party.

Wednesday, August 28, 2013

Chaos develops out of democracy

Greek philosopher Plato in The Republic, says that societies develop from dictatorship to oligarchy to democracy to chaos and then back to dictatorship. Chaos develops out of democracy. This seems to be what is happening in some of the Asian countries.

Japan, Korea, Singapore, China were all one-party states and, in some cases, were very vicious one-party states, but, as they became more prosperous, their people wanted more, demanded more and got more democratic, and they say this is the Asian way.

Tuesday, August 27, 2013

India should have been among the world’s greatest agriculture nations

India should have been among the world’s greatest agriculture nations—you have the soil, the people, the weather, but it is astonishing that you have not become one—it is because Indian politicians, in their wisdom, have made it illegal for farmers to own more than five hectares of land.

What the hell—can a farmer with just five hectares compete with someone in Australia or Canada? Even if you put together the land in all your family, it is still not possible to compete. Much as I love India, I am not a fan of its government. Every one year, they (Indian government) come up with more reasons for me to be less optimistic about that country.

Monday, August 26, 2013

Indian politicians want to blame the problems of their economy on someone else

The government[India] goes from one mistake to another—no matter what the controls are, no matter how much the debt keeps rising, Indian politicians are only looking for scapegoats. Look at the latest thing with gold—Indian politicians want to blame the problems of their economy on someone else, and now it is gold. Gold is not causing India problems, but it is quite the contrary. Exchange controls in India are absurd, the regulations that India puts in place result in foreigners going through 70 loops before they can invest in India. Foreigners cannot invest in commodities in India.

Friday, August 23, 2013

Yes, I have new reasons to short India

I used to own tourist companies in India at a time. India should have had the greatest tourist companies in the world. If you can only visit one country in your life, my goodness, it should be India—it is an astonishingly spectacular place to visit. There is no place that has the depth of culture that India has. Yes, I have new reasons to short India—just read its newspapers everyday and you will see why.

Thursday, August 22, 2013

Centre of the world is moving from the US to Asia

 In the 1920s and 1930s, the centre of the world moved from the UK to the US, primarily due to financial problems and mistakes made by the politicians. The same thing is happening now, and the centre of the world is moving from the US to Asia, exasperated due to the financial crisis and mistakes made by politicians. In the 1930s, US was a creditor nation, but it suffered badly, but not as badly as some of the European nations. Asia will suffer the next time around, but the West will suffer even more. I would rather be with the creditors than with the countries (that) have huge debts.

Wednesday, August 21, 2013

Be very worried

Problems always come no matter what governments say and we have always had slowdowns in America after every six or seven years even in good times. Be very worried because the next time around, things are going to be much worse, especially in countries where the debt is much higher. 

Tuesday, August 20, 2013

In America the debt quadrupled and a lot of it is garbage

The next time we have a slowdown, it is going to be a lot worse. In America, the debt quadrupled and a lot of it is garbage—we are floating on an artificial sea of liquidity, and it is wonderful if you are in the right boat.

Monday, August 19, 2013

They never let the problem cure itself

Governments and central banks have reacted to the crisis in what they view is the correct manner, but, in my view, it is an artificial manner, and they are only making the crisis worse. The reason it is stretching out as a problem is that they never let the problem cure itself.

Monday, August 12, 2013

Inflation to get worse due to money printing

Anybody who buys, who goes shopping knows that prices are going up. Buy food, education, insurance, just about everything that we buy, prices are going higher and the government tells us there's no inflation.

Some independent measures say it's over 6 percent already ... it's going to go much higher because they keep printing money, and as long as they keep printing money, it's going to get worse. So prepare yourself for much higher inflation.

Wednesday, August 7, 2013

The world is floating on a very large artificial lake

You have every major central bank printing money. The world is floating on a very large artificial lake. You cannot have an efficient and strong economy with artificial money printing. The next economic slowdown will be worse than 2008-2009.

Sunday, August 4, 2013

Jim Rogers short India stock market

I have sold India short. It doesn't look great. You have debt to GDP ratio very high. Politicians putting more controls, regulations. India is a wonderful place to visit but as an investment not a good idea.

Thursday, July 11, 2013

China will succeed even with setbacks

I read all this stuff in the press. And I'm not quite sure how you tell 1.3 billion people [in China] they’ve got to stop building infrastructure and start consuming. That’s not the way the world works, at least with no human beings I know. It’s happening gradually, just as it happened in the U.S., U.K. and many other countries historically. There are going to be setbacks in China. Goodness knows, no economy or market goes straight up. They all have setbacks. China will have many setbacks.

In the 19th century, America had a horrible Civil War. We had several depressions, very little rule of law, very few human rights. And yet we became a pretty successful country in the 20th century. So China is going to have plenty of problems. What I plan to do is, when I see serious problems in China again, I hope I'm smart enough to pick up the phone and buy more China.

Wednesday, July 10, 2013

Sugar, gold, silver looking undervalued

Question: What do you think is the most under appreciated commodity story out there right now?

Jim Rogers: Maybe sugar. But I don’t really know. I haven't thought about it. Just find out whatever is down the most and find out where the most bears are. And that’s probably it. I don’t know whether there are more bears on silver and gold or on sugar right now. But wherever the most bears are, that’s where you should look.

Tuesday, July 9, 2013

Like Natural gas, Global oil reserves decreasing

With natural gas, what happened was everybody started drilling. And they rushed out and had a wonderful time. But now it’s four or five years later, and we’re finding out these wells decline very quickly. And so people are finding it’s not nearly as much fun as it was in the beginning, especially in the beginning when a lot of them had to drill acreage quickly to maintain their leasehold obligations.

I think the reserves may not be what we thought. And some of the gas companies have reported decreases in their estimated reserves because the wells dry up pretty quickly.

The same is happening with oil. The oil boom started later than the boom in shale gas. And we’re finding that those wells decline at the rate of, depending on who you believe, 38 to 69 percent in the first year. I don’t have a clue, because I've never drilled a shale oil well. But we do know that those are fairly short-lived, too. So this has been great fun, and it may last a while. But I would suspect it’s not quite the boom that the press seems to think it is. We’ll find out.

Monday, July 8, 2013

Long bull markets always end in a bubble or mania before it’s over

All these things will end in a bubble some day. Long bull markets always end in a bubble or mania before it’s over with.

And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying “We buy gold.” And the American people line up to sell gold. Later there’ll be signs there saying, “We sell gold,” and people will be lining up to buy it in big ways. That hasn't happened yet.

Wednesday, July 3, 2013

Jim Rogers thinks Malaysia is attractive

International investors can go anywhere, and they don't go to places where there are restrictions and problems, they prefer the open, exciting and dynamics places.

When people think of Malaysia, they think the government owns or controls a major portion of the economy. You have huge reserves, abundant natural resources and Malaysia is at the right place at the right time. Of the many countries that have opened up, I would say Malaysia is one of the most attractive.

Tuesday, July 2, 2013

Oil reserves declining except USA

Jim Rogers on when the commodities bull market will end:

When there’s massive new supply coming on stream, then we’ll have the end of the bull market. But the world has consumed more agriculture products than it has produced for a decade now. But worse than that, we’re running out of farmers. The average age of farmers in America is 58; in Japan, it’s 66. Many of the industrial metals are now below the cost of production.

And nearly everybody has cut back dramatically on their expansion plans and investment plans. Oil reserves are declining pretty steadily around the world. We do have shale oil, which has caused a rise in supply. But that’s only in the U.S; the rest of the world has declined. Moreover, it remains to be seen how long the oil boom in the U.S. will continue.

Sunday, June 30, 2013

Commodities still in bull market supercycle

When you look back at the stock bull market from 1982 to 2000, stocks collapsed in 1987, ’89, ’90, ’94, ’97, ’98. And every time, people said the bull market is over. But it wasn’t. This bull market in commodities will definitely come to an end someday. But someday is not here yet.

Friday, June 28, 2013

Gold correction nearing a bottom

Jim Rogers when asked if the bottom is near for Gold

We certainly are. There are a lot of leveraged players who are now being forced to sell. Usually when you have this kind of forced liquidation, you’re getting closer to a bottom, maybe not the final bottom, but certainly close to a bottom. I even bought a little bit [recently].

Thursday, June 27, 2013

This is insane, cannot go on

We’re getting to that point where either one of two things are going to happen; either central banks are going to stop all this [money printing], or the market is going to force them to stop it. It looks like we may be having a juncture of both…where the Fed is getting worried…and at the same time, the market is jumping in and saying, ‘Yes, it’s insane what you’re doing, and this has to end.’ So we may have a healthy convergence of both. And if it’s not ending now, it’s going to end sometime in the next year, because this cannot go on—it’s too insane

Wednesday, June 26, 2013

US Natural gas, oil shale overhyped

Regarding natural gas, the fundamentals on the ground are not nearly as good as the hype. The number of rigs on the ground has gone down 75% the last couple of years, as the wells are very short-lived, and it takes an enormous amount of money to keep them up. A number of companies have had to lower estimates of their reserves.

As for oil shale, typical wells deplete at 38 per cent the first year. Thus you need a lot of drilling, money, and a high price to keep up production rates.  All you have to do is go out in the oil patch. I believe the investment world will be disappointed with the notion that supply is so great that oil will collapse.

Friday, June 21, 2013

Japan President Abe long term disaster

Japan has a very serious problem. When we look back, Mr. Abe will have ruined Japan. Huge debt levels, horrible demographics, they won’t let in foreigners, the population is declining. Mr. Abe comes along and says he’ll ruin the currency. It is a disaster in the long term, and not guaranteed to work in the short term, either.

Thursday, June 20, 2013

Market timing is not easy

At some point markets won’t take central bank policies anymore, and interest rates go up regardless of how much bond buying they do. Market timing is tough. As for the fixed income market, I’m short junk bonds. In any market, the marginal stuff goes first. This could precede problems with sovereign debt.”

Wednesday, June 19, 2013

Jim Rogers on what to buy right now

I would start by looking at things that are depressed rather than things that are going through the roof.

Monday, June 17, 2013

Investors Optimism on Myanmar

We in the U.S. had numerous problems as we were rising toward becoming the greatest success of the 20th century: civil war, many Depressions in the 19th century, few human rights, little rule of law, collapse of 1907, etc, etc.

Yet we went on to great success. I am very optimistic on Myanmar, but expect and welcome the various corrections which will come. There will be more.

Friday, June 14, 2013

Thursday, June 13, 2013

Rogers on Singapore inflation and immigration

If Singapore cannot get enough labor, it will have to raise wages. Inflation will rise and Singapore might price itself out of the market over the next few years.

On the future of Singapore if it tightens immigration
Singapore could be an old age home in 10 to 20 years. Every country in history that has a backlash against foreigners, is going to go into decline. 

Wednesday, June 12, 2013

Jim Rogers: Russia contrarian investment

Everybody hates Russia for many good reasons… including me for a long time. That's usually a place that you should look, when people hate a market. And so I am looking.

Thursday, June 6, 2013

No exit plan

I don’t know if there’s an exit plan. If and when they stop, it’s going to cause lots of ramifications in the market and lots of — perhaps even chaos, but certainly turmoil and upset. The only exit plan that he’s[Ben Bernanke] talked about is to let it all mature. That sounds wonderful, but it’s not very practical.

Wednesday, May 29, 2013

Jim Rogers on Japan inflation and pains

One hundred twenty-five million Japanese [stand to lose the most] because of inflation. Everything Japan imports is going to go up dramatically in price. ... The Japanese will suffer, but ... stockbrokers will do better, currency traders will do better.

Tuesday, May 28, 2013

Jim Rogers: Some not happy with money printing

Mr. Bernanke has said it's[money printing] going to go on to 2015. But some Fed officials have voiced hope that QE can be curtailed starting this year.

These folks are not happy about this staggering amount of money-printing because they know it's going to have bad consequences.

Monday, May 27, 2013

Jim Rogers: Artificial money printing to end badly

There's this gigantic artificial flow of money floating into our economy, and this is going to end badly because it is artificial.

Right now we have a very artificial situation. You have the central bank in America printing staggering amounts of money.

Sunday, May 26, 2013

Jim Rogers: India is blaming their problems on Gold

Indians the largest buyers of gold in the world are doing everything they can to kill gold. They[India] are blaming their problems on Gold. If India really does a lot, who knows how low Gold could go. If it happens buy all the gold you can.

Friday, May 24, 2013

Jim Rogers: Bonds to go into bear market

Jim Rogers comments on the coming correction for the Bond market.

Not this month, but it's certainly going to go back into a bear market. . . . It's going to go on for a long time, and it's going to be extremely painful for a lot of people."

Thursday, May 23, 2013

2 possible results from money printing

I don't see how it[money printing] can last much more beyond this year. There are two possible scenarios. In one, the market's just going to say, stop, we won't take this anymore, and bonds will go down despite the central bank.

In the second scenario, the public is going to say, wait a minute, we don't want this paper money anymore. It's too absurd, and prices will go higher, and you'll have more and more unrest in the world.

Thursday, May 16, 2013

Jim Rogers advice on where one should live or move

Go to where the money is. The US is now the worlds greatest debtor nation. You should go to where the creditors are. No one ever said, "They owe a lot money lets go there".

Everyone's family [families currently living in Singapore] moved to Singapore at some point - they shouldn't be afraid to move to a more opportune location if needed.

Wednesday, May 15, 2013

Jim Rogers advice to investors

I'm always concerned. I don't remember any times that I wasn't [worried]. If you stop being worried, you're probably about to lose money - I assure you.

Thursday, May 9, 2013

People will start exiting stocks before money printing stops

You see that, in Japan, the markets have skyrocketed with printing money ... in the U.S., the markets have gone up a lot because of money printing. The central banks are determined to keep printing money.

But, underneath that, eventually there are going to be more and more skeptics - I'm not going to be the only one - and more and more people will start heading for the door. And by the time they stop printing money, the damage already may have been done to the markets.

Friday, May 3, 2013

Jim Rogers: Gold can confuse a lot of investors

Gold is going to shake out the mystics - there are still a lot of mystics in the market. I have guys writing me saying this couldn't be happening. I say, "Well, get out your quote machines, it is happening'."

Tuesday, April 30, 2013

Gold still needs a correction

Gold was setting us up for some kind of correction. Gold needed a correction - it still needs a correction - and I hope this is the proper correction which gold needs. Then gold - somewhere along the way - will make a bottom and we can all join in the bull market higher and higher.

Wednesday, April 10, 2013

North Korea unification with the South neighbours

At some point down the line, North Korea will cease existing as a country. Then the value of the North Korean gold and silver coins will go up.

Tuesday, April 9, 2013

North Korea gold and silver coins

Coins and stamps are the only way I can invest in North Korea.

According to Korea Pugang Coins Corp - "Jim Rogers purchased most of the gold and silver coins offered by North Korea at a coin fair in Singapore".  This year, 20 one-ounce gold coins featuring mostly century-old generals were on offer as well as several hundred silver coins. Mr. Rogers bought 13 gold coins and most of the silver coins.
"He wanted to buy more, but we only had 13 [gold coins] left,"

Monday, April 8, 2013

Invest in Myanmar

There are a heap of opportunities lying in Myanmar because the economy is again becoming liberal like China did in 1978 and Myanmar is the country in Asia with the best investment opportunity at present.

In 1962, Myanmar was the richest country in Asia, but they closed their economy and became the poorest country in Asia. 

Friday, April 5, 2013

Spread you money deposit risks over several banks

I, for one, am making sure I don’t have too much money in any one specific bank account anywhere in the world, because now there is a precedent.

The IMF and European Union have told Cyprus, “loot the bank accounts", So you can be sure that other countries when problems come, are going to say, ‘well, it’s condoned by the EU, it’s condoned by the IMF, so let’s do it too.’

Friday, March 29, 2013

Too many students doing their MBA

In 1958, America produced 5,000 MBAs per year and none of the other countries produced any. Last year we produced 200,000, and the rest of the world produced tens of thousands more. We have a glut, we have a lot more MBAs than we used to, there’s a huge amount of competition in that field, in finance. And nearly all MBAs these days study finance. In the old days some of them studied manufacturing, or marketing, or accounting, or other things. Now it’s nearly all finance.

This is at a time when there’s massive debt and leverage in the financial community. You know, back in the 60s and 70s there was very low leverage in the financial community, many investment banks were partnerships, partners weren’t about to go and risk their entire fortunes with leverage.

And of course now you have governments around the world antagonistic to finance, passing laws and regulations all the time, trying to come down hard on financial types. Finance, which was a backwater and pretty much ignored by everybody including students, has now become, in the 80s, 90s, and the last 10 or 15 years, wildly hot and popular. That’s why I’m saying this is going to change. Throughout history we’ve had long periods where the financial types were the masters of the universe, followed by long periods when the people who produced real goods were. Well, that’s changing now, going back to the old ways. We have more people in America studying public relations than studying agriculture. More people study physical education than study mining engineering.

So how much more do you need to know? 10,000 people studied agriculture last year while 200,000 got MBAs.

Thursday, March 28, 2013

Invest in things you know

Nobody should invest in anything that they themselves don’t understand. So if I sat here and said you should do x, y, z, and people don’t have a clue what I’m talking about, they should probably ignore what I say or even what you say.

Nobody should invest in something that they don’t understand. If you know nothing about gold except that it’s supposedly valuable, you shouldn’t buy it, or invest in anything you don’t know about.

But once you know a lot about something, you will probably figure out some ways to protect yourself. I mean if you have your own business, like you, usually the best thing to invest in is your own business, because you know more about that than anything else. I have various ways that I’m trying to protect myself, but even if I told you I’m doing x, I might change my mind tomorrow afternoon, and then you would be stuck doing x because I said it. I’m not going to call you and tell you I changed my mind on that position. So people really need to invest in only what they themselves know a lot about.

Friday, March 8, 2013

US treasuries bubble can burst

US treasuries is probably one of the last remaining asset bubbles left in the world. To buy them now would be a “terrible mistake”.

The US Federal Reserve's continued quantitative easing measures should help hard assets.

Thursday, March 7, 2013

Japanese can make money investing at home

They[Japanese Investors] will soon start losing money on the money invested abroad so a massive amount of that money is going to come back home. I doubt that will go into bank deposits or bonds because interest rates are so low. Then at least they can go to commodities or stocks.

Wednesday, March 6, 2013

Sideways range bound for stocks

Stocks, in my view, in most countries are like they were in the 1970s.

In the 1970s stock markets, and economies around the world did not do very much and were in a big sideways trading range for many years. We are in that kind of period now. 

Tuesday, March 5, 2013

Agriculture can be a inflation protector

I suspect agriculture products would give better protection during the next several years although gold and silver will be good too – perhaps second best.

Monday, March 4, 2013

Rogers long commodities and currencies

I'm long commodities and currencies, because if the world gets better, the shortages in commodities will make sure I make money; if the world economy doesn't get better, I'd rather own commodities because they're going to print money.

Thursday, February 28, 2013

Shorting US Treasuries

On Shorting US Treasuries:

I'm actually making money at the moment. … Maybe it's the end of the 32-year bull market. If it is, I'm making a lot of money in bonds. Stocks may go up, too, but I don't see how this [the recent stock rally] can last.”

Tuesday, February 26, 2013

Im bullish on Russia first time

Russia is terribly depressed. Nobody likes Russia. I’m buying the bonds, the currency and stocks. I first went there in 1966. I’ve changed my mind and, yes, I think I’m not giving my money to (Russian President Vladimir) Putin. I hope. That’s how you make money. You find something that everybody hates. When it’s changing … that’s how you make money.”

Thursday, February 14, 2013

Monetary easing leads to bull market in stocks

The rally in stocks is just the result of ultra-easy monetary policy by the world's major central banks.

"I am short bonds, but I'm not sure there is going to be a long-term bull market in stocks. There is a lot of money printing," Rogers said. "So this (the rally) is artificial."

Thursday, January 3, 2013

Gold correction is going to continue for a while longer

"Gold on any kind of historic market basis is overdue for a nice correction,"

"It's been correcting for 15-16 months now, which is normal in my view. It's possible that gold's correction is going to continue for a while longer."