Wednesday, July 19, 2017

How Jim Rogers positions himself

I own a lot of U.S. dollars, I short junk bonds, the agriculture has been depressed for a while, I own China — although some parts of the Chinese 
economy will collapse, others parts of the Chinese economy will be fabulous. 

The government is spending unbelievable amounts of money to clean up the pollution. Those cleaning up China’s massive pollution will do well even if Europe disappears. Some parts of the Chinese economy will do well no matter what, others will go bankrupt. Russia is hated but I am optimistic about the changes in Russia. There are places that are depressed that one can put in money. I own gold and silver although I am purchasing more at the moment. There are many opportunities, I am just too lazy to get to all of them.