Friday, May 31, 2013

Jim Rogers bullish on farm land

Farm land has been extremely exciting for the last 3 or 4 years. I hope its slowing down otherwise we are not going to have any farm products. Its slowing down, but its mostly in Iowa, other parts of America such as Mississippi farm land has not slowed down.

You cannot judge a market by four months. I'm extremely optimistic on farm land.

Thursday, May 30, 2013

Commodities to continue higher

I still dont see massive new supplies[commodities] coming into the market which can keep prices down. 

Commodities are still in a long term bull market

In all bull markets there have been corrections, in the stock bull market 1982 - 2000. In 1987 stocks went down 40 to 80 percent, people said its finished. 1989, 1990, 1994 many times stocks scared the socks of a lot of people. It was not the end of the bull market and it is my view that's whats happening here with commodities. 

Wednesday, May 29, 2013

Jim Rogers on Japan inflation and pains

One hundred twenty-five million Japanese [stand to lose the most] because of inflation. Everything Japan imports is going to go up dramatically in price. ... The Japanese will suffer, but ... stockbrokers will do better, currency traders will do better.

Jim Rogers: Massive amounts of good news for Gold

One of things I’ve learned in the investment world, when something is ‘good news’ for [an asset market] and it goes down, you better be very worried, so of course it looks bad for gold right now. There’s massive amounts of good news. It should be going up.

Tuesday, May 28, 2013

Jim Rogers: Some not happy with money printing

Mr. Bernanke has said it's[money printing] going to go on to 2015. But some Fed officials have voiced hope that QE can be curtailed starting this year.

These folks are not happy about this staggering amount of money-printing because they know it's going to have bad consequences.

Monday, May 27, 2013

Jim Rogers: Artificial money printing to end badly

There's this gigantic artificial flow of money floating into our economy, and this is going to end badly because it is artificial.

Right now we have a very artificial situation. You have the central bank in America printing staggering amounts of money.

Sunday, May 26, 2013

Jim Rogers: India is blaming their problems on Gold

Indians the largest buyers of gold in the world are doing everything they can to kill gold. They[India] are blaming their problems on Gold. If India really does a lot, who knows how low Gold could go. If it happens buy all the gold you can.

Friday, May 24, 2013

Jim Rogers: Bonds to go into bear market

Jim Rogers comments on the coming correction for the Bond market.

Not this month, but it's certainly going to go back into a bear market. . . . It's going to go on for a long time, and it's going to be extremely painful for a lot of people."

Thursday, May 23, 2013

2 possible results from money printing

I don't see how it[money printing] can last much more beyond this year. There are two possible scenarios. In one, the market's just going to say, stop, we won't take this anymore, and bonds will go down despite the central bank.

In the second scenario, the public is going to say, wait a minute, we don't want this paper money anymore. It's too absurd, and prices will go higher, and you'll have more and more unrest in the world.

Wednesday, May 22, 2013

Jim Rogers on Gold correction

Whenever things go down, people look for reasons. The main reason is gold is up 12 years in a row. The only unusual thing about gold market is how strong it has been without a correction. If it goes down I hope I'm smart enough to buy more.

Tuesday, May 21, 2013

When would Jim Rogers buy more Gold ?

$1300, I would probably buy some gold, $1200 I would buy a little bit more. It depends on whats going on in the world. Its been 12 years. Its got to have a nice good correction to have a correction to clean the bulls and true believers.

Monday, May 20, 2013

Ben Bernanke will not seek new term

It seems that Mr. Bernanke may be leaving in a few months. The Federal Reserve is pumping up the economy and financial markets with its massive easing tactics. I guess he[Ben Bernanke] wants to get out before he has to deal with the hangover or the aftermath

Friday, May 17, 2013

China helping EU with debt

China giving money to the EU is very cheap foreign aid. They are getting influence for their money.

Thursday, May 16, 2013

Jim Rogers advice on where one should live or move

Go to where the money is. The US is now the worlds greatest debtor nation. You should go to where the creditors are. No one ever said, "They owe a lot money lets go there".

Everyone's family [families currently living in Singapore] moved to Singapore at some point - they shouldn't be afraid to move to a more opportune location if needed.

Wednesday, May 15, 2013

Jim Rogers advice to investors

I'm always concerned. I don't remember any times that I wasn't [worried]. If you stop being worried, you're probably about to lose money - I assure you.

Tuesday, May 14, 2013

Jim Rogers buys Japan stocks and sold them

I bought in Japan back after the tsunami a couple years ago and I bought more when [new Japan Prime Minister] Abe said he was going to print "unlimited' - and that's his word, not mine - unlimited amounts of money.

But I sold them last week. Not all of them, but most of them, because they just had gone up so much. As I told you, I'm very bad at market timing. So I suspect I was wrong. But I have sold out of most of my Japanese stocks. They were just up so much.

Monday, May 13, 2013

Jim Rogers: Agriculture and food prices to soar next several years

Agriculture has been such a disaster for 30 years that we are running out of farmers. The average age of farmers in America is 58. In Japan, it's 66. I could go on and on. The demographics [for those hoping for lower food prices over time] are terrible. At the same time, nobody's going into farming - no young people.

In America, more people study public relations than study agriculture. So the old ones are dying and retiring, and no young farmers are coming in.

The price of agriculture has to go up a lot, or we're not going to have any food at any price. I mean, if we have a big crop this year, [prices will] go down - but that will just make the (long-term) fundamental situation worse, because then you'll attract even less capital, fewer young farmers. So I certainly see a gigantic move in agriculture products over the next several years.

Sunday, May 12, 2013

Jim Rogers invests in Russia

I'm looking at Russia to see if I can find some investments. I've put a toe in the water - but not much ... a little toe ... not even the big toe.

Friday, May 10, 2013

Jim Rogers: No inflation in US is not true

I do know governments keep telling us prices are down - at least, the U.S. government does. When I'm in the U.S., I see prices have gone up for just about everything - except maybe in housing. So it's peculiar to me that they keep telling us there's no inflation. Look at education, look at medical care, look at insurance, and look at entertainment. I don't know if you've been to baseball game or the theater or anything recently, but these prices are up, although they say that they aren't - or, at least the U.S. government does."

But many governments acknowledge that there's inflation ... including India, China, Taiwan, Norway and Australia. I find it very peculiar that so many places in the world have inflation, but there's no inflation in the U.S."

Thursday, May 9, 2013

Some gold miner stocks deserve the beatdown

Some of the gold-mining stocks are extraordinarily beaten down. Many of them deserve to be beaten down. I think more money has been lost in buying gold-mining shares over the past 100, 150 years than any other sector, including airlines and railroads. If you know the right ones, or right one, buy it, or them - because somebody will make a lot of money.

People will start exiting stocks before money printing stops

You see that, in Japan, the markets have skyrocketed with printing money ... in the U.S., the markets have gone up a lot because of money printing. The central banks are determined to keep printing money.

But, underneath that, eventually there are going to be more and more skeptics - I'm not going to be the only one - and more and more people will start heading for the door. And by the time they stop printing money, the damage already may have been done to the markets.

Wednesday, May 8, 2013

Jim Rogers worries about serious energy problems in future

What concerns me is that we're running out of known reserves of energy, oil and natural gas. We're running down the reserves, and unless something happens to change that, we're going to face serious problems with energy down the road, too.

Gold investors need to accept reality

Until people start accepting reality instead of denying reality, we're not going to make the bottom. Until a lot of people just pack it in and throw gold out the window. Then gold will make a beautiful bottom and we can all participate in a multi-year bull market.

Tuesday, May 7, 2013

Jim Rogers: Gold bottoms when .........

If Gold gets to $1,200, I hope that I'm smart enough to buy even more. If it gets to $1,100, I hope I'm smart enough to buy even more. Speak to the chartists ... the technicians ... and look at the retracements, or whatever they call them. A 50% retracement is not unusual. A 60% retracement is not unusual. You can do the same math that I can. You can figure out what a 40%, 50% or 60% retracement would mean for someone."

Monday, May 6, 2013

Jim Rogers: Currency Wars a race to bottom

The Japanese said "We will print unlimited amounts of money.' So Bernanke[USA] said "Oh my gosh, I can do that, too.' Then the English said "Well, wait a minute guys, we can play, too.'
So now you have nearly everybody printing a lot of money" - in a competitive way.

Sunday, May 5, 2013

Agriculture and Natural Gas are potential bargains

I'm most optimistic, fundamentally, about the agriculture sector. But some of the others [for example], natural gas is 70% below its all-time high. Some of the base metals are far down from their all-time highs."

With agriculture, you know, we've consumed more than we've produced for the last 10 years or so. So, inventories are near historic lows, which means that - if something goes wrong - we're going to have serious problems. And even if something goes right, you've got to replenish the inventories.

Friday, May 3, 2013

Jim Rogers: Gold can confuse a lot of investors

Gold is going to shake out the mystics - there are still a lot of mystics in the market. I have guys writing me saying this couldn't be happening. I say, "Well, get out your quote machines, it is happening'."

Thursday, May 2, 2013

Jim Rogers on Stock Market bubbles

There are signs of worry [on current high stock prices]. You do see breadth sort of changing. You do see potential problems, [like] volume problems. [Although] this is all artificial, that doesn't mean artificiality can't go on for a while. Remember the dot-com bubble of the "90s ... you can look back on any bubble and things ... can certainly last longer than I expect and [longer] than any rational person can expect

Wednesday, May 1, 2013

Ways to invest in Gold

There's ETFs, there's coins, there's bars. There are many, many ways to invest. But please don't do so unless you've done your homework.

Longer term fundamentals for Gold intact

Gold has to go a lot higher over the next decade or so, because [the world's central banks] keep printing money.

Jim Rogers

Warren Buffett

Nouriel Roubini