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.

Wednesday, January 20, 2016

Jim Rogers worried about US Fed and debt in USA




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, January 18, 2016

US Dollar is not a safe haven but people think it is so it can go higher

Janet Yellen may have the guts to do it but she is not going to get it right. She does not know what she is doing. She got it wrong when she was there for 10 years or so when she was down there in the Federal Reserve board. 

Anything she does is probably going to make it worse. If she cuts back on interest rates again in panic, that is going to be bad for the world. If she raises the interest rates, which is what she should be doing, that will make the dollar go higher. It is a fact that there is panic in the air and when there is panic people look for a safe investment, not in the Euro or the Japanese Yen, the only thing they know to do it the US Dollar. And it is going to go too high and maybe even into a bubble because there is nothing else for people to do.

Wednesday, January 13, 2016

Jim Rogers speaks with Chris Waltzek




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

Monday, January 11, 2016

Not buying China for now

Well I am long on China and I am short on various sectors in USA. Of course China is more down today than US will be later. 

I am not buying China at the moment and the main reason is because as I said before we are well overdue, we had 8-9 years of artificial low interest rate, zero interest rate, we have had gigantic acquisition in debt, financial markets authority was wonderful, funds were going up, everything going up and when we pay the price for something like this it goes on for a while. It won’t correct in one week and we can start all over again. It wasn’t the case for the last 7 years and it can be the case for the next 2-3 years also.



via http://www.btvin.com/article/read/news/3986/global-market-is-in-a-panic-and-so-us-dollar-will-rise--jim-rogers

Monday, January 4, 2016

Jim Rogers thinks US dollar will get stronger during market turmoil

My largest currency position on the long side has been in the US Dollar for the last 2 - 3 years. The US is terribly over-indebted country with the largest debt in the history of the world. The US dollar is not sound. But with a lot of turmoil coming, people think US dollar is a safe haven. What I expect to happen is that turmoil will get worst and the dollar will go higher—it is already over-priced—and may turn into a bubble. My plan is to then sell US dollar. 

What I will buy, I don’t know—gold or the Chinese renminbi, if it might be convertible by then—who knows. 


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.