Thursday, February 28, 2013

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

Bullish on Russia first time after 46 years

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.”

Monday, February 25, 2013

Ben Bernanke doesnt understand economics

Regarding Bernanke:

He doesn’t understand economics, he doesn’t understand finance, he doesn’t understand currencies. All he understands is printing money.

Read his studies of the depression. No mention of debt, no mention of foreign trade, no mention of currencies. He doesn’t know anything about what’s going on in the world. He just understands printing money.

Wednesday, February 20, 2013

Money printing decision insane

The printing of “unlimited” money by central banks in the United States and Japan is “insane” and Federal Reserve Chairman Ben Bernanke “doesn’t know anything about what’s going on in the world.

It’s outrageous what they’re doing. The Federal Reserve is printing money as fast as they can, and the Bank of Japan said ‘we're going to print unlimited money.’

You know what the Federal Reserve said? ‘We'll match you and we'll print money, too.

Tuesday, February 19, 2013

Jim Rogers Russia investing love

Famed investor Jim Rogers was on CNBC last week and when pressed, he said in his opinion Russia is currently the best investment opportunity he sees.

For Rogers, this is part contrarian play because as he said everyone hates Russia. He also believes the country will turn around and President Vladimir Putin will not impede progress.

Monday, February 18, 2013

Japan Yen debasement currency

I own (Japanese) shares and they (the Japanese authorities) are making them go through the roof, so in that sense I have to say thank you.

But debasing the currency and printing money is not a good thing," he added, referring to a policy of printing money that leads to currency weakness.

Thursday, February 14, 2013

Monetary easing 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."

Wednesday, February 13, 2013

Treasuries are the world’s second- worst-performing bonds

Jim Rogers on Government Bonds asked on Bloomberg:

I’m short long-term government bonds,” betting the securities will fall, Jim Rogers, the investor and author of the book “Hot Commodities,” said yesterday on Bloomberg Radio.
I plan to short more. That bull market, that’s a bubble.

Tuesday, February 12, 2013

Money printing never works

Money Printing by central governments has never worked throughout history. Sometimes it worked in the short term, but it’s never worked in the medium or long term.” 

Wednesday, February 6, 2013

Put your cash in a safe place

You better make sure that cash is in the right cash. A few years ago many people put their money in Icelandic krona, thought they were very safe.

They had currency and they were earning high rates of interest and of course the krona collapsed and some of those people lost all of their money. 

Tuesday, February 5, 2013

Interest Rates to rise worldwide

I expect interest rates to rise worldwide. That could be a negative factor for sectors such as real estate.

Monday, February 4, 2013

Invest only in things you know

I have my money invested mainly in natural resources and currencies. I do own a few shares around the world which I have owned for years. I also have Japanese shares I bought mainly during the tsunami and in the fall of 2012 when it became clear they were going to drive down the yen. I am also short long-term government bonds in the US as well as a few stocks.    

Jim Rogers

Warren Buffett

Nouriel Roubini