Thursday, January 31, 2013

Can make money in commidities

We will make money in commodities because of supply shortages … and governments will print money.
In the metals space, Rogers is looking at base metals over precious metals.
“I suspect base metals benefit as they are down so much that they would be in a better place than precious metals,” Rogers said. “I would not be selling my base metals.”

Wednesday, January 30, 2013

Rogers looking to invest in Bulgaria, Bakans, Asia

Bulgaria is among the few countries, in which he is considering investing right now, since they have made the most improvement since his latest trip around the world, the billionaire, currently based in Singapore, said in an interview for Gold Radio Café.

The Balkans are in terrible conditions, but Bulgaria is a place, which is working towards changes, according to Jim Rogers. "I am thinking about investing in Bulgaria. I keep my eyes on those areas to see what may happen, but at the moment I am not really doing anything other than Bulgaria," he said.

Myanmar, China and Russia are the markets holding the best prospects for investors, according to Rogers. Myanmar has gone through dramatic and exciting changes, China opened up to the world 30-35 years ago and has been a great success story, while Russia has changed its attitude towards capitalism, which is why the billionaire is considering investments there too.

Asked what he would choose if he was to create a legacy portfolio for his grandchildren, Jim Rogers pointed out precious metals put in real assets.

Jim Rogers started trading the stock market with USD 600 in 1968. In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

They ran what is considered to be one of the first truly global macro hedge funds.

Tags: Russia, China, Myanmar, Bulgaria, Jim Rogers, wall street, Quantum Fund, George Soros, Balkans


Japanese stocks can rally short term

Rogers says the new Japanese Prime Minister, Shinzo Abe, won his election on promises to increase quantitative easing to jumpstart the stagnating economy. Consequently, the Japanese yen has been depreciating and Japanese equities have been rallying on the optimistic outlook.

It all may sound good and feel good to investors, “but by the end of 2013, all this will be wearing off,” Rogers warned. “We will see serious problems and ramifications down the road.”

Tuesday, January 29, 2013

Agriculture, Natural gas looks oversold

Jim Rogers likes investing in agriculture and natural gas, which he says have been oversold. Looking at the agriculture market, the world is consuming more than is produced by farmers. Some areas of the world are witnessing a food shortage.

He said indexed ETFs are “the best way for everyone to invest in everything.” ETFs make getting exposure to commodities as simple as buying individual stocks, Rogers added.

Thursday, January 24, 2013

Running out of farms around the world

All over the world farms and farmers are a dying breed. We are running out of farms. Young people are going into media, sales, doing anything but agriculture. This will drive agriculture up and will really drive up food prices over the long term.

If you need to buy the farmland, buy in places like Uruguay where prices are still properly priced. Also you want to make sure you buy farmland where it rains.

Wednesday, January 9, 2013

Breaking news: Jim Rogers 2013 forecasts

Jim Rogers thinks that the world has a real fundamental problems that need to be addressed. It may happen 1 year from now or 10 years from now. All we care about is what is happening right now.

The 2013 forecast are
- The market is going to start to realize the extent of the problems in the fall of 2013.
- Caution on gold because it has been up for 12 years in a row which is very unusual. He expects gold to go up over the medium term but believes a correction is inevitable.
- Real estate investors to be careful because interest rates are going to go considerably higher.
- Besides the developed markets, there are some interesting developing countries that could be worth investing in such as Myanmar, Angola, Tanzania and Ethiopia.

Thursday, January 3, 2013

It's possible that gold's correction is going to continue for a while longer

Recently quoted on CNBC legendary investor Jim Rogers says
"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."

Tuesday, January 1, 2013

Rogers holds to China and chinese stocks

Jim Rogers is bullish on China but doesnt see a big bounce in 2013.

He says he’s bought Chinese shares only a few times over the past 13 years—in 1999, 2005, and 2008—and he’s not buying now. He isn’t selling, either.

His China strategy “is different from any other investment I have,” he says. Eventually his Chinese holdings will prove valuable, albeit most likely long after he’s left the scene. “My children, someday 50 to 80 years from now, will say, ‘He must have been a smart old man. Look at all this money we have from those shares.’ ”

Jim Rogers

Warren Buffett

Nouriel Roubini