Commodities expert Jim Rogers recently said in an interview that there is nothing to stop financial Armageddon from happening. Even if governments do something now, according to Rogers, it is too late to stop the coming disaster.
Of course governments and central banks aren't doing anything to deal with the mounting, unsustainable debt loads, and that ensures there will be a day of reckoning, one that is rapidly approaching.
Rogers commented on the recent announcement by EU leaders concerning empowering banks to have access to bailout funds to recapitalize.
"Just because now you have a way to get them (banks) to borrow even more money, this is not solving the problem, this is making the problem worse,” Rogers said CNBC.
Instead, what Rogers rightly looks for is for there to be some bankruptcies, which would point to debt being lowered.
“What would make me very excited is if a few people went bankrupt or a few people started paying off their debt. We are going to have financial Armageddon anyways, when the rest of the world is not going to give these people any more money,” Rogers said.
Since the economic system is doing nothing to cleanse itself, there will be a financial Armageddon as Rogers points out. It's too late for anything to be done to stop it.
Showing posts with label Jim Rogers Commodities. Show all posts
Showing posts with label Jim Rogers Commodities. Show all posts
Wednesday, February 27, 2013
Thursday, October 4, 2012
Jim Rogers on China Being an Opportunity
Most people following the stock market know it is being set up for a m major correction, but according to Jim Rogers, there is another opportunity awaiting those who are looking for something now to invest in, and that is China.
As for the American stock market, it is likely it'll take from about six months to nine months to complete what is expected to be about a 20 percent drop. That means investors will have to divest of stocks and build up their cash position to be prepared for the time when stocks are much cheaper than they are today.
Rogers, who is a long-term China bull, has said in the recent past, and reminded people, that about a year ago Chinese leaders said they're going to slow down the economy because it had heated up too quickly.
So with that seemingly reached close to expected levels, Rogers believes it's time to take a closer look.
He said, "China's going to be the next great country in the world. I was violently and vehemently telling people not to buy China when it was going up in 2007. I only buy China when it collapses."
Jim Rogers backs up what he says, as at this time he is long currencies and commodities, while shorting the stock market.
Concerning buying China, one of the major ways Rogers does that is via commodities, although he also does that through the renminbi as well.
Wednesday, September 12, 2012
Jim Rogers Doubtful of QE3
Billionaire investor and commodity expert Jim Rogers says he's not convinced the Federal Reserve and Chairman Ben Bernanke will implement another round of quantitative easing, saying they would "look like fools again."
"QE1 failed, QE2 failed, so I'm not so sure they would announce QE3, because they'll look like fools again," said Rogers.
He already thinks that's the case with the introduction of the Draghi plan for Europe, which was ruled as being in line with the constitution of Germany Wednesday by its Federal Constitutional Court.
Rogers concluded:
"We're all going to pay a horrible price for this in a year or two or three," adding that it's only a tool that is "unanimity towards mutual destruction" by the West.
Although it's almost a surety that the Federal Reserve will implement QE3, the ruling that the European Stability Mechanism can be implemented in the euro zone does make it possible that Bernanke will wait until later in 2012, or maybe early 2013 before launching QE3.
If Europe hadn't acted, Bernanke would have been under even more pressure than he is to stimulate the economy, even though it has proven to be a waste of money.
Rogers is correct concerning the consequences of the actions of central banks around the world, which continue to go deeper into debt as countries raise their debt ceilings and spending to unsustainable levels.
Over time commodities will thrive in this atmosphere, as prices will rise if stimulus continues, and they'll also rise because little in the way of new production is being entered into by commodity-producing companies because of the slow economic growth.
It's a win/win for commodity investors either way. Rogers recommends looking for commodities that are trading lower for best results, as commodity prices in many segments have been soaring lately.
"QE1 failed, QE2 failed, so I'm not so sure they would announce QE3, because they'll look like fools again," said Rogers.
He already thinks that's the case with the introduction of the Draghi plan for Europe, which was ruled as being in line with the constitution of Germany Wednesday by its Federal Constitutional Court.
Rogers concluded:
"We're all going to pay a horrible price for this in a year or two or three," adding that it's only a tool that is "unanimity towards mutual destruction" by the West.
Although it's almost a surety that the Federal Reserve will implement QE3, the ruling that the European Stability Mechanism can be implemented in the euro zone does make it possible that Bernanke will wait until later in 2012, or maybe early 2013 before launching QE3.
If Europe hadn't acted, Bernanke would have been under even more pressure than he is to stimulate the economy, even though it has proven to be a waste of money.
Rogers is correct concerning the consequences of the actions of central banks around the world, which continue to go deeper into debt as countries raise their debt ceilings and spending to unsustainable levels.
Over time commodities will thrive in this atmosphere, as prices will rise if stimulus continues, and they'll also rise because little in the way of new production is being entered into by commodity-producing companies because of the slow economic growth.
It's a win/win for commodity investors either way. Rogers recommends looking for commodities that are trading lower for best results, as commodity prices in many segments have been soaring lately.
Monday, September 10, 2012
Jim Rogers Says Euro Zone To Pay 'Terrible Price'
Billionaire investor and commodities expert Jim Rogers said in an interview on CNBC today that the euro zone will pay a "terrible price" going forward no matter if the European Central Bank (ECB) launches a large acquisition of bonds or not.
Rogers said: "These guys have been saying the same old garbage for a long time. It's not a game-changer - it's good for the market for maybe a month. The debt keeps going higher and higher and eventually we'll all going to pay a terrible price."
As for what he considers a misguided idea for investors to get back into buying some riskier assets because of the announcement, he said this:
"It's not an opportunity to make money for me. This is not good for the market and it's not going to last. Every three or four months they have a summit and they say: Ok guys, everything is ok now. The market goes up. But we're getting a little tired of this and the market is getting a little tired of this," Rogers noted.
As for the commodities bull market Rogers has predicted and continues to assert will last for a long time, he said this:
"The bull market in commodities will end some day - but some day is a long way away.
"Commodities have been correcting for a while. Now everybody knows they're throwing money into the market, and history tells you that when they do this the way to protect yourself is to own real assets whether it's silver or rice. If the world economy gets better, I own commodities because there's shortages developing. If it doesn't they're all going to print money. It's the wrong thing to do, but it's all they know to do."
There is also a growing belief that the Federal Reserve is poised to introduce another round of quantitative easing in the United States, and the central bank of China is also believed to be ready to provide more stimulus in its slowing economy.
Over the long term, when added together, it'll be a powerful impetus for numerous commodity price increases.
Rogers said: "These guys have been saying the same old garbage for a long time. It's not a game-changer - it's good for the market for maybe a month. The debt keeps going higher and higher and eventually we'll all going to pay a terrible price."
As for what he considers a misguided idea for investors to get back into buying some riskier assets because of the announcement, he said this:
"It's not an opportunity to make money for me. This is not good for the market and it's not going to last. Every three or four months they have a summit and they say: Ok guys, everything is ok now. The market goes up. But we're getting a little tired of this and the market is getting a little tired of this," Rogers noted.
As for the commodities bull market Rogers has predicted and continues to assert will last for a long time, he said this:
"The bull market in commodities will end some day - but some day is a long way away.
"Commodities have been correcting for a while. Now everybody knows they're throwing money into the market, and history tells you that when they do this the way to protect yourself is to own real assets whether it's silver or rice. If the world economy gets better, I own commodities because there's shortages developing. If it doesn't they're all going to print money. It's the wrong thing to do, but it's all they know to do."
There is also a growing belief that the Federal Reserve is poised to introduce another round of quantitative easing in the United States, and the central bank of China is also believed to be ready to provide more stimulus in its slowing economy.
Over the long term, when added together, it'll be a powerful impetus for numerous commodity price increases.
Thursday, August 30, 2012
Jim Rogers Says Commodities will Come Roaring Back
Some have wrongly believed that the end of the commodity super cycle is over, but Jim Rogers isn't one of them, as he says the recent downturn is only a temporary setback, and because supplies remain constrained, the upward move in prices will continue for some time.
Rogers stated in an interview with Mineweb, that "this is nothing more than a blip. The bull market will continue until a lot of supply comes on stream and the problems since 2008 ensure not a lot of supply is coming on stream."
Why it's different this time around as far as the length of the commodity bull market, is historically companies are starting to bring more supply online after about 8 or 9 years of higher prices. This time around, because of the crises in 2008, that temporarily halted much of the expected boost in production, resulting in a slow down in supply of commodities.
Rogers said concerning expansion of commodities companies, that "All these guys are delaying or suspending or cancelling new supply which is bullish. Until the supply comes we're not going to have an end to the bull market and, certainly in agriculture, my goodness, inventories are near historic lows, we have serious shortages of everything in agriculture developing, including farmers."
As for China, which is the major impetus behind commodity demand, Rogers sees them possibly loosening up their money supply, suggesting more demand for commodities, although he says that "China has loosened up too early every time in the last decade, which is why the real estate bubble has continued and it's gotten worse. So it looks as though China is going to loosen up again and in my view they're going to loosen up again too early this time around, and you'll probably have a continuation of the same old thing - more inflation and perhaps excesses in real estate again."
Concerning where investors should place their money in regard to commodities, Rogers concluded they should look for those commodities which have fallen the most in price for the place to begin.
Rogers stated in an interview with Mineweb, that "this is nothing more than a blip. The bull market will continue until a lot of supply comes on stream and the problems since 2008 ensure not a lot of supply is coming on stream."
Why it's different this time around as far as the length of the commodity bull market, is historically companies are starting to bring more supply online after about 8 or 9 years of higher prices. This time around, because of the crises in 2008, that temporarily halted much of the expected boost in production, resulting in a slow down in supply of commodities.
Rogers said concerning expansion of commodities companies, that "All these guys are delaying or suspending or cancelling new supply which is bullish. Until the supply comes we're not going to have an end to the bull market and, certainly in agriculture, my goodness, inventories are near historic lows, we have serious shortages of everything in agriculture developing, including farmers."
As for China, which is the major impetus behind commodity demand, Rogers sees them possibly loosening up their money supply, suggesting more demand for commodities, although he says that "China has loosened up too early every time in the last decade, which is why the real estate bubble has continued and it's gotten worse. So it looks as though China is going to loosen up again and in my view they're going to loosen up again too early this time around, and you'll probably have a continuation of the same old thing - more inflation and perhaps excesses in real estate again."
Concerning where investors should place their money in regard to commodities, Rogers concluded they should look for those commodities which have fallen the most in price for the place to begin.
Wednesday, August 25, 2010
Jim Rogers: “We never got out of the first recession”
In a telephone interview with Bloomberg, investor and author Jim Roger stated concerning the economic conditions, that “We never got out of the first recession," something we agree with heartily.
As we mention frequently, the GDP of the United States includes the stimulus spending in its results, and so makes things look better than they really are, masking the true state of the economy.
That's why most economic commentators continue to say we're in danger of a double-dip recession.
Stimulus money is leaving the economic system, simply revealing to us the state the economy has always been in.
Also in the interview, Rogers stated this concerning interest rates: “Everyone should be raising interest rates, they are too low worldwide. If the world economy gets better, that’s good for commodities demand. If the world economy does not get better, stocks are going to lose a lot as governments will print more money.”
“We never got out of the first recession,” Rogers added. “If the U.S. and Europe continue to slow down, that’s going to affect everyone. The Chinese economy is 1/10 of the U.S. and Europe and India is a quarter of China, they can’t bail us out.”
Concerning commodities, Rogers is still very bullish, and said even if they grow at a rate of 5 to 6 percent annually, they'll still surpass their all-time high, sometime in the next decade.
Rogers said he remains long on commodities.
As we mention frequently, the GDP of the United States includes the stimulus spending in its results, and so makes things look better than they really are, masking the true state of the economy.
That's why most economic commentators continue to say we're in danger of a double-dip recession.
Stimulus money is leaving the economic system, simply revealing to us the state the economy has always been in.
Also in the interview, Rogers stated this concerning interest rates: “Everyone should be raising interest rates, they are too low worldwide. If the world economy gets better, that’s good for commodities demand. If the world economy does not get better, stocks are going to lose a lot as governments will print more money.”
“We never got out of the first recession,” Rogers added. “If the U.S. and Europe continue to slow down, that’s going to affect everyone. The Chinese economy is 1/10 of the U.S. and Europe and India is a quarter of China, they can’t bail us out.”
Concerning commodities, Rogers is still very bullish, and said even if they grow at a rate of 5 to 6 percent annually, they'll still surpass their all-time high, sometime in the next decade.
Rogers said he remains long on commodities.
Friday, May 14, 2010
Jim Rogers: Commodities will Continue Roaring
The combination of increasing demand and decreasing supply has Jim Rogers a perpetual bull on the commodities market, and I think he's right.
Even with the news of China taking measures to battle its inflation, it's not a matter of whether they'll continue to acquire commodities, it's at what level they'll continue to buy them.
That isn't to say there won't be a slowdown in demand for specific commodities, but it won't dampen the bull market, but more than likely will extend it out further, albeit possibly a little smaller of a pace.
The same is true of the EU sovereign debt crisis. That, coupled with China, could definitely hurt individual commodities, and by extension, some raw materials companies, but the overall commodity bull market will continue, just some of the individual commodities within the sector may have prices drop.
Rogers likes to point out that oil demand will continue to grow while known supplies dwindle. That means ultimately oil prices will rise in response to that. It's only a question of when, not if, in Rogers' view.
One thing that Rogers has been warning about for some time and governments and central banks have refused to heed, is the bailing out of nations in Europe.
Rogers said if the European Union was really serious about the euro, they would never take the step of bailing out Greece. Not that they've not only bailed out Greece, but have put close to $1 trillion on the table for the welfare, socialist states to get hold of, he was shocked, and while before he doubted the survival of the euro, now he's adamant that there is no way it can survive in the years ahead, and it could come much quicker than he originally believed. That of course would mean the end of the EU, but that's no loss. Countries in Europe survived for centuries without the EU, they'll survive afterwards as well.
Rogers major thinking on the demise of the euro is, now that the irresponsible countries know they can get away with their over spending, they can continue on with their ways with no consequences.
While there are laws being written by these countries to put so-called austerity measures in place, we all know they'll write down anything and agree to it to get their hands on the trillion dollars.
Worst though, rumblings from the clowns running the Federal Reserve seem to imply there will be much more bailout money coming to the socialists, and they are attempting to spin that as the need to bail out the banks heavily exposed in the region.
While that's actually true, it's the banks enabling the entitlement cultures that have led to this, now those in northern Europe, and now in the United States are being called upon to rescue these deadbeats who continue to spend out money with impunity, while the banks of the world contribute to their drunken spending habit by buying up their bonds. That's why banks are in trouble. That's why we need to stop it.
Anyway, as far as commodities go, there is a finite amount of resources with the technology now at our disposal, and Rogers says that is the reasoning behind the extended bull market that could go on for more than another decade.
As far as currencies, Rogers said this will add to the commodity bull market, as they're all being debased, and investors are getting smarter and smarter as far as understanding that, and will put their money in real assets rather than paper currencies, which only survive as long as people have faith in them. That faith is waning, and that's good news for commodities, and good news for those doing their homework and investing in them.
Even with the news of China taking measures to battle its inflation, it's not a matter of whether they'll continue to acquire commodities, it's at what level they'll continue to buy them.
That isn't to say there won't be a slowdown in demand for specific commodities, but it won't dampen the bull market, but more than likely will extend it out further, albeit possibly a little smaller of a pace.
The same is true of the EU sovereign debt crisis. That, coupled with China, could definitely hurt individual commodities, and by extension, some raw materials companies, but the overall commodity bull market will continue, just some of the individual commodities within the sector may have prices drop.
Rogers likes to point out that oil demand will continue to grow while known supplies dwindle. That means ultimately oil prices will rise in response to that. It's only a question of when, not if, in Rogers' view.
One thing that Rogers has been warning about for some time and governments and central banks have refused to heed, is the bailing out of nations in Europe.
Rogers said if the European Union was really serious about the euro, they would never take the step of bailing out Greece. Not that they've not only bailed out Greece, but have put close to $1 trillion on the table for the welfare, socialist states to get hold of, he was shocked, and while before he doubted the survival of the euro, now he's adamant that there is no way it can survive in the years ahead, and it could come much quicker than he originally believed. That of course would mean the end of the EU, but that's no loss. Countries in Europe survived for centuries without the EU, they'll survive afterwards as well.
Rogers major thinking on the demise of the euro is, now that the irresponsible countries know they can get away with their over spending, they can continue on with their ways with no consequences.
While there are laws being written by these countries to put so-called austerity measures in place, we all know they'll write down anything and agree to it to get their hands on the trillion dollars.
Worst though, rumblings from the clowns running the Federal Reserve seem to imply there will be much more bailout money coming to the socialists, and they are attempting to spin that as the need to bail out the banks heavily exposed in the region.
While that's actually true, it's the banks enabling the entitlement cultures that have led to this, now those in northern Europe, and now in the United States are being called upon to rescue these deadbeats who continue to spend out money with impunity, while the banks of the world contribute to their drunken spending habit by buying up their bonds. That's why banks are in trouble. That's why we need to stop it.
Anyway, as far as commodities go, there is a finite amount of resources with the technology now at our disposal, and Rogers says that is the reasoning behind the extended bull market that could go on for more than another decade.
As far as currencies, Rogers said this will add to the commodity bull market, as they're all being debased, and investors are getting smarter and smarter as far as understanding that, and will put their money in real assets rather than paper currencies, which only survive as long as people have faith in them. That faith is waning, and that's good news for commodities, and good news for those doing their homework and investing in them.
Friday, April 16, 2010
Jim Rogers Likes Natural Gas in the Energy Sector
Jim Rogers on Natural Gas
Jim Rogers was recently talking investing in energy, and stated he's not selling energy at this time, even though it has doubled over the last 12 months.
It seems he's not buying energy, but he said if he was, natural gas would be his choice, as natural gas prices are depressed, while oil has been high for some time.
Rogers said, "If I were buying energy, I would probably buy natural gas rather than oil just because it’s so depressed. I don’t like to buy when things are up. I like to buy things when down, when people are unhappy that’s when I like to buy things."
I think Jim Rogers may be being a little coy here, as I'm sure he's putting some major money into natural gas, which has nowhere to go but up, and with Rogers liking long-term plays, natural gas fits right into that strategy.
Jim Rogers was recently talking investing in energy, and stated he's not selling energy at this time, even though it has doubled over the last 12 months.
It seems he's not buying energy, but he said if he was, natural gas would be his choice, as natural gas prices are depressed, while oil has been high for some time.
Rogers said, "If I were buying energy, I would probably buy natural gas rather than oil just because it’s so depressed. I don’t like to buy when things are up. I like to buy things when down, when people are unhappy that’s when I like to buy things."
I think Jim Rogers may be being a little coy here, as I'm sure he's putting some major money into natural gas, which has nowhere to go but up, and with Rogers liking long-term plays, natural gas fits right into that strategy.
Wednesday, April 7, 2010
Jim Rogers: Commodity Bull Market Continues
Jim Rogers on Commodities
Jim Rogers reiterated again recently that the commodity bull market will continue on its run, as demand for raw materials continues to rise and supply fights a losing battle to keep up with it.
Rogers added that gold investors should hold on to their positions in the metal, as he maintains it'll continue to rise on through the next decade.
While he acknowledges China and India have huge markets that will continue to grow, they alone cannot carry the rest of the world on its economic shoulders, and other countries will need to grow if we're to eventually experience a sustainable recovery ... and I would add, whenever that recovery actually begins.
Gold soared to a 3-month high Wednesday, as ongoing concerns over the Greece debacle continue, and liquidity seems to be the problem again, as consumers and others pull their money out, with banks doing their repo thing with Greek banks.
Although the dollar and yen will continue to be thought of in terms of places of safety, gold is becoming more and more to be thought of as an alternative currency which is far safer than any other in the world.
The U.S. dollar isn't really thought of as safe, just the lesser of evils between all paper currencies.
Jim Rogers on Commodities
Jim Rogers reiterated again recently that the commodity bull market will continue on its run, as demand for raw materials continues to rise and supply fights a losing battle to keep up with it.
Rogers added that gold investors should hold on to their positions in the metal, as he maintains it'll continue to rise on through the next decade.
While he acknowledges China and India have huge markets that will continue to grow, they alone cannot carry the rest of the world on its economic shoulders, and other countries will need to grow if we're to eventually experience a sustainable recovery ... and I would add, whenever that recovery actually begins.
Gold soared to a 3-month high Wednesday, as ongoing concerns over the Greece debacle continue, and liquidity seems to be the problem again, as consumers and others pull their money out, with banks doing their repo thing with Greek banks.
Although the dollar and yen will continue to be thought of in terms of places of safety, gold is becoming more and more to be thought of as an alternative currency which is far safer than any other in the world.
The U.S. dollar isn't really thought of as safe, just the lesser of evils between all paper currencies.
Jim Rogers on Commodities
Wednesday, March 10, 2010
Jim Rogers' Investing Preparation
Jim Rogers Investment Preparation
Investor Jim Rogers said in response to a recent question on the Greek sovereign-debt debacle, what he is looking for to be sure things don't get out of control over there. His answer was telling as to the reasons behind his investment success.
Rogers said that he tries to watch as much of the world as he is possibly able to in order to make the most informed decisions.
This reminds me of how Warren Buffett studies the books and reports of companies he is looking at. One time someone mentioned he reads them like pulp ficton. And he does.
Many times when investors like Jim Rogers and Warren Buffett seem to be moving by instinct or some inner sense, the reality is they've honed their senses by their endless homework, and so when they make their share of right investment choices, it seems they have some type of gift or inner sight, when they are just the hardest workers out there in their respective fields, and the results prove they are.
Jim Rogers Investment Preparation
Investor Jim Rogers said in response to a recent question on the Greek sovereign-debt debacle, what he is looking for to be sure things don't get out of control over there. His answer was telling as to the reasons behind his investment success.
Rogers said that he tries to watch as much of the world as he is possibly able to in order to make the most informed decisions.
This reminds me of how Warren Buffett studies the books and reports of companies he is looking at. One time someone mentioned he reads them like pulp ficton. And he does.
Many times when investors like Jim Rogers and Warren Buffett seem to be moving by instinct or some inner sense, the reality is they've honed their senses by their endless homework, and so when they make their share of right investment choices, it seems they have some type of gift or inner sight, when they are just the hardest workers out there in their respective fields, and the results prove they are.
Jim Rogers Investment Preparation
Wednesday, March 3, 2010
Jim Rogers: Dollar Strength Temporary
Jim Rogers U.S. Dollar Strength
While Jim Rogers likes the U.S. dollar on a very temporary basis as far as holding its value, over the long term he is a dollar bear, and those affected by the greenback need to take that into consideration.
Rogers said not too long ago that the fact there were so many U.S. dollar bears made his contrarian tendencies believe the dollar would strengthen some, and it has since he made that statement.
Even so, there is little chance the dollar will hold its strength for long, and once it plunges it'll take those with it who thought it was in a bull rally.
Again, the key is this is only a very short term upwards move by the dollar, and it'll resume its downward spiral again. No one can be sure when, but it would be a mistake to look at the U.S. dollar as strong for any meaningful period of time.
Jim Rogers U.S. Dollar Strength
While Jim Rogers likes the U.S. dollar on a very temporary basis as far as holding its value, over the long term he is a dollar bear, and those affected by the greenback need to take that into consideration.
Rogers said not too long ago that the fact there were so many U.S. dollar bears made his contrarian tendencies believe the dollar would strengthen some, and it has since he made that statement.
Even so, there is little chance the dollar will hold its strength for long, and once it plunges it'll take those with it who thought it was in a bull rally.
Again, the key is this is only a very short term upwards move by the dollar, and it'll resume its downward spiral again. No one can be sure when, but it would be a mistake to look at the U.S. dollar as strong for any meaningful period of time.
Jim Rogers U.S. Dollar Strength
Saturday, February 27, 2010
Jim Rogers Denies British Pound Statement
Jim Rogers on British Pound Collapsing
According to Jim Rogers, the comments attributed to him that he said the British pound was ready to collapse, possibly in the next several weeks, isn't true, and he knew nothing of the press release which made the assertions.
Interestingly though, Rogers did make a fortune betting against the pound in the past.
Even so, Rogers didn't exactly back down from the issue in general, as he reasserts that while he didn't make the statements attributed to him, he still considers that over the next several years the British pound has some major problems.
What is sounds like is Rogers believes in the collapse of the British pound, he's just saying it didn't say it.
Jim Rogers on British Pound Collapsing
According to Jim Rogers, the comments attributed to him that he said the British pound was ready to collapse, possibly in the next several weeks, isn't true, and he knew nothing of the press release which made the assertions.
Interestingly though, Rogers did make a fortune betting against the pound in the past.
Even so, Rogers didn't exactly back down from the issue in general, as he reasserts that while he didn't make the statements attributed to him, he still considers that over the next several years the British pound has some major problems.
What is sounds like is Rogers believes in the collapse of the British pound, he's just saying it didn't say it.
Jim Rogers on British Pound Collapsing
Thursday, February 25, 2010
Why George Soros, Jim Rogers and John Paulson are Buying Gold
So why are George Soros, Jim Rogers and John Paulson buying gold?
These guys are experts in currencies, possibly more than any other investment vehicle, and the acquisition of gold means they believe gold will rise against the majority of currencies in the world, based on the extraordinary amount of stimulus money printed and thrown around by central banks around the globe.
While there are obvious other factors like the inevitable inflation and ongoing risk factors which continue to rise rather than abate, as witnessed by the Dubai debacle and sovereign wealth crisis in Europe.
The only question someone needs to ask themselves is if the currency they trade in will be worth more than gold in the foreseeable future. If not, guess which one wins out for the best investment choice?
Even if you don't understand all the particulars, when you see heavyweights like George Soros, Jim Rogers and John Paulson acquiring, increasing their positions and holding on to gold, you know they see something important, and part of what they see is mentioned above.
George Soros, Jim Rogers and John Paulson buying gold
These guys are experts in currencies, possibly more than any other investment vehicle, and the acquisition of gold means they believe gold will rise against the majority of currencies in the world, based on the extraordinary amount of stimulus money printed and thrown around by central banks around the globe.
While there are obvious other factors like the inevitable inflation and ongoing risk factors which continue to rise rather than abate, as witnessed by the Dubai debacle and sovereign wealth crisis in Europe.
The only question someone needs to ask themselves is if the currency they trade in will be worth more than gold in the foreseeable future. If not, guess which one wins out for the best investment choice?
Even if you don't understand all the particulars, when you see heavyweights like George Soros, Jim Rogers and John Paulson acquiring, increasing their positions and holding on to gold, you know they see something important, and part of what they see is mentioned above.
George Soros, Jim Rogers and John Paulson buying gold
Monday, February 22, 2010
Jim Rogers: Britain Bankrupt
Jim Rogers on what to invest in
In a recent interview, commodity investor Jim Rogers stated that Britain is bankrupt, and there's not a bank in the country that's not in trouble.
Other than oil and banking, the UK hasn't had much going for it, and oil is depleting while the UK banking industry is in shambles he said.
Jim Rogers reiterated that investing in real assets is the way to go over the next 30 years, and those that produce "real things," will dominate the business landscape.
Rogers recommends, as mentioned, real assets, raw materials, commodities, and to stay away from the U.S. dollar and sterling for sure. The currency Rogers says he's investing in now is the yen.
He also said he is buying China shares again, signifying he things they are near a bottom.
Jim Rogers on what to invest in
In a recent interview, commodity investor Jim Rogers stated that Britain is bankrupt, and there's not a bank in the country that's not in trouble.
Other than oil and banking, the UK hasn't had much going for it, and oil is depleting while the UK banking industry is in shambles he said.
Jim Rogers reiterated that investing in real assets is the way to go over the next 30 years, and those that produce "real things," will dominate the business landscape.
Rogers recommends, as mentioned, real assets, raw materials, commodities, and to stay away from the U.S. dollar and sterling for sure. The currency Rogers says he's investing in now is the yen.
He also said he is buying China shares again, signifying he things they are near a bottom.
Jim Rogers on what to invest in
Wednesday, February 10, 2010
Jim Rogers Joins Marc Faber on Leopard Capital Adivisory Council
Jim Rogers and Marc Faber, Sri Lanka
Jim Rogers and Marc Faber has been asked to sit on the advisory council of Leopard Capital, a private equity business which has launched one fund focusing on Sri Lanka, and is ready to launch another, which is what they're looking for the advise of Marc Faber and Jim Rogers on.
Jim Rogers is connected to a number of commodity ventures and indices, while Marc Faber is of course widely known for his Gloom, Boom and Doom Report newsletter, which focuses on unique investments around the globe.
This is interesting if for no other reason than very few people know a thing about Sri Lanka in the investment world, and it's not exactly near the top of places people and institutions are looking to to generate wealth.
At least some of what is offered in Sri Lanka will be known with the names of these two guys associated with it, and that will probably be good for Sri Lanka, and will definitely be good for Leopard Capital, as both investors has strong and committed followers who will definitely take at least a peek under the hood of the market now that Rogers and Faber are connected to it.
For Jim Rogers, he's been an evangelist for the Asian market for many years, but I can't recall him ever mentioning Sri Lanka in any of his talks or communications. Interesting news as to why both of these investors chose to respond to Leopard Capital in this, and I think we'll find out sometime fairly soon if it was only the money paid to do it or there's something in the country attractive to invest in.
Jim Rogers and Marc Faber, Sri Lanka
Jim Rogers and Marc Faber has been asked to sit on the advisory council of Leopard Capital, a private equity business which has launched one fund focusing on Sri Lanka, and is ready to launch another, which is what they're looking for the advise of Marc Faber and Jim Rogers on.
Jim Rogers is connected to a number of commodity ventures and indices, while Marc Faber is of course widely known for his Gloom, Boom and Doom Report newsletter, which focuses on unique investments around the globe.
This is interesting if for no other reason than very few people know a thing about Sri Lanka in the investment world, and it's not exactly near the top of places people and institutions are looking to to generate wealth.
At least some of what is offered in Sri Lanka will be known with the names of these two guys associated with it, and that will probably be good for Sri Lanka, and will definitely be good for Leopard Capital, as both investors has strong and committed followers who will definitely take at least a peek under the hood of the market now that Rogers and Faber are connected to it.
For Jim Rogers, he's been an evangelist for the Asian market for many years, but I can't recall him ever mentioning Sri Lanka in any of his talks or communications. Interesting news as to why both of these investors chose to respond to Leopard Capital in this, and I think we'll find out sometime fairly soon if it was only the money paid to do it or there's something in the country attractive to invest in.
Jim Rogers and Marc Faber, Sri Lanka
Monday, February 8, 2010
Jim Rogers: Torrid Agriculture Prices
Jim Rogers: Agriculture Prices
The price of food and agricultural goods should continue to rise for years into the future, according to commodity guru Jim Rogers, as "The inventories of food are the lowest not in years but in decades. Supply is going to remain down since we have serious production problems. At the same time people are eating more and we are burning some of our foods as fuels.”
This combination won't change unless governments quit the debacle of using corn to turn into ethanol. That at least would keep the prices of corn relatively in check and available to livestock and human beings at a decent price. If not, corn itself and anything it feeds will increase in price as a result.
Rogers has said numerous times in the recent past that those that own the fancy cars in the next 10 to 20 years will be those who turn in their briefcases for farming. I think he's right!
Still, there are numerous ways you can play agriculture, from those providing equipment and seeds to to those providing the fertilizers and other essentials to operate the business.
Water is another key thing to look at over the next years as populations in many areas of the world continue to grow exponentially, with world population growth estimated to be at over 9 billion by 2050.
Jim Rogers: Agriculture Prices
The price of food and agricultural goods should continue to rise for years into the future, according to commodity guru Jim Rogers, as "The inventories of food are the lowest not in years but in decades. Supply is going to remain down since we have serious production problems. At the same time people are eating more and we are burning some of our foods as fuels.”
This combination won't change unless governments quit the debacle of using corn to turn into ethanol. That at least would keep the prices of corn relatively in check and available to livestock and human beings at a decent price. If not, corn itself and anything it feeds will increase in price as a result.
Rogers has said numerous times in the recent past that those that own the fancy cars in the next 10 to 20 years will be those who turn in their briefcases for farming. I think he's right!
Still, there are numerous ways you can play agriculture, from those providing equipment and seeds to to those providing the fertilizers and other essentials to operate the business.
Water is another key thing to look at over the next years as populations in many areas of the world continue to grow exponentially, with world population growth estimated to be at over 9 billion by 2050.
Jim Rogers: Agriculture Prices
Wednesday, February 3, 2010
Jim Rogers: Identifying a Bubble
Jim Rogers: How to identify a bubble
Jim Rogers has been in the news a lot over the last couple of years, and one of the more recent issues he has been tackling has been the China housing market and whether it's in a bubble or not.
While he acknowledges the China housing market is overheated, especially in urban areas, it doesn't mean the Chinese economy as a whole is approaching a bubble.
What was important in this discussion is Rogers' instruction on what a bubble is (no matter what the sector).
Here's the official Jim Rogers definition of what a bubble is:
“Maybe you have too much inflation and credit creation. But that doesn’t mean there’s a bubble. A bubble is when everybody is buying everything every day, and people can hardly wait to get more.”
This is why Rogers correctly states that gold isn't in a bubble, as the average investor hasn't really began to invest in gold, making the idea of a bubble, as Rogers defines it above, largely irrelevant.
The bottom line when looking to see if a sector or company may be in a bubble (which I agree with), is if everyone has gotten on the bandwagon and is investing in it as a herd, with no other reason that everyone else is doing it.
Jim Rogers: How to identify a bubble
Jim Rogers has been in the news a lot over the last couple of years, and one of the more recent issues he has been tackling has been the China housing market and whether it's in a bubble or not.
While he acknowledges the China housing market is overheated, especially in urban areas, it doesn't mean the Chinese economy as a whole is approaching a bubble.
What was important in this discussion is Rogers' instruction on what a bubble is (no matter what the sector).
Here's the official Jim Rogers definition of what a bubble is:
“Maybe you have too much inflation and credit creation. But that doesn’t mean there’s a bubble. A bubble is when everybody is buying everything every day, and people can hardly wait to get more.”
This is why Rogers correctly states that gold isn't in a bubble, as the average investor hasn't really began to invest in gold, making the idea of a bubble, as Rogers defines it above, largely irrelevant.
The bottom line when looking to see if a sector or company may be in a bubble (which I agree with), is if everyone has gotten on the bandwagon and is investing in it as a herd, with no other reason that everyone else is doing it.
Jim Rogers: How to identify a bubble
Saturday, January 16, 2010
Jim Rogers | Inflation Already Here
Jim Rogers and Inflation
Inflation is a surety says Jim Rogers, and in fact we're already experiencing inflation, even though some governments are lying about it.
Rogers cites a couple of issues confirming inflation is already here and will continue on for some time. First, he points us in the direction of shortage around the world in almost everything. Consequently, in that environment prices will continue to rise.
Second, countries haven't stopped printing money, and printing money always brings with it the consequences of inflation.
Not only are those things happening now, but they'll continue to happen in the future.
Again, this is why commodities will be such a good place to be, although we do need to keep track of which individual commodities are at their top prices, and which ones are suppressed.
AS of this writing, commodities like silver and agriculture are at good prices, and so are something to watch carefully.
Jim Rogers and Inflation
Inflation is a surety says Jim Rogers, and in fact we're already experiencing inflation, even though some governments are lying about it.
Rogers cites a couple of issues confirming inflation is already here and will continue on for some time. First, he points us in the direction of shortage around the world in almost everything. Consequently, in that environment prices will continue to rise.
Second, countries haven't stopped printing money, and printing money always brings with it the consequences of inflation.
Not only are those things happening now, but they'll continue to happen in the future.
Again, this is why commodities will be such a good place to be, although we do need to keep track of which individual commodities are at their top prices, and which ones are suppressed.
AS of this writing, commodities like silver and agriculture are at good prices, and so are something to watch carefully.
Jim Rogers and Inflation
Jim Rogers | Why Buy Commodities?
Jim Rogers and Commodities
In a recent interview, Jim Rogers again made his simple case for why commodities will be the best investment and investment sector going forward.
With the global recession still in force, when there is a real recovery, commodities will definitely go up in value based on demand and the resultant higher prices.
If things continue to get worse or stay about at the same level economically as they are now, then we'll see more printing of money from central banks around the world, which will make commodities the place to have your money as well.
So either way, commodities, according to Jim Rogers, will be a strong investment class whether the economy recovers or struggles.
Jim Rogers and Commodities
In a recent interview, Jim Rogers again made his simple case for why commodities will be the best investment and investment sector going forward.
With the global recession still in force, when there is a real recovery, commodities will definitely go up in value based on demand and the resultant higher prices.
If things continue to get worse or stay about at the same level economically as they are now, then we'll see more printing of money from central banks around the world, which will make commodities the place to have your money as well.
So either way, commodities, according to Jim Rogers, will be a strong investment class whether the economy recovers or struggles.
Jim Rogers and Commodities
Monday, January 4, 2010
Rogers International Commodities Index fund
Rogers International Commodities Index fund
Jim Rogers is known around the world for his expertise in commodities, as well as unique perspective on what's driving the global economy; whether it's positive or negative.
A number of years ago the prolific investor looked for a way to invest in a basket of commodities and didn't find much if anything that focused on that particular market.
So to that end, he designed the Rogers International Commodities Index (RICI) fund, which allows investors to invest in commodities in a way that is weighted by the commodity guru himself.
As Rogers points out in the description of the fund, it is not only weighted with regional or American-focused consumption, but takes in the entire world, as noted by the inclusion of rice in the index, one the more consumed foods in the world, yet left off a number of indexes.
For the purpose of making it easier for potential investors to track the Rogers International Commodities Index fund, Rogers only includes commodities traded on recognized exchanges. That way verification of performance is easy, quick and trustworthy.
A total of 35 commodities are traded on the Rogers International Commodities Index fund, and that's so a wide range of commodities can be included, giving investors access to an accurate measurement of overall commodity performance, and not overly weighted raw materials which could skew results in odd and unrepresentative ways.
The Rogers International Commodities Index fund is built to appeal to long term investors, and weights commodities accordingly. The purpose is to offer consistency and and stability that can be counted on year after year.
That has worked well for the fund over the 11 years it has operated, as it has produced a solid return of about 20 percent annually since its inception, and that has included two bubble markets it has had to operate under.
With commodities in the middle of a bull market and emerging markets set to start spending again, it's a good bet that the Rogers International Commodities Index fund, and other commodity funds will perform strongly for years into the future.
Rogers International Commodities Index fund
Jim Rogers is known around the world for his expertise in commodities, as well as unique perspective on what's driving the global economy; whether it's positive or negative.
A number of years ago the prolific investor looked for a way to invest in a basket of commodities and didn't find much if anything that focused on that particular market.
So to that end, he designed the Rogers International Commodities Index (RICI) fund, which allows investors to invest in commodities in a way that is weighted by the commodity guru himself.
As Rogers points out in the description of the fund, it is not only weighted with regional or American-focused consumption, but takes in the entire world, as noted by the inclusion of rice in the index, one the more consumed foods in the world, yet left off a number of indexes.
For the purpose of making it easier for potential investors to track the Rogers International Commodities Index fund, Rogers only includes commodities traded on recognized exchanges. That way verification of performance is easy, quick and trustworthy.
A total of 35 commodities are traded on the Rogers International Commodities Index fund, and that's so a wide range of commodities can be included, giving investors access to an accurate measurement of overall commodity performance, and not overly weighted raw materials which could skew results in odd and unrepresentative ways.
The Rogers International Commodities Index fund is built to appeal to long term investors, and weights commodities accordingly. The purpose is to offer consistency and and stability that can be counted on year after year.
That has worked well for the fund over the 11 years it has operated, as it has produced a solid return of about 20 percent annually since its inception, and that has included two bubble markets it has had to operate under.
With commodities in the middle of a bull market and emerging markets set to start spending again, it's a good bet that the Rogers International Commodities Index fund, and other commodity funds will perform strongly for years into the future.
Rogers International Commodities Index fund
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