Thursday, October 31, 2013

Buying, selling congressmen used to be cheaper

In the 19th century, as America was rising to power and glory, we had 15 depressions, virtually no human rights, little rule of law, massacres in the streets. 

You could buy and sell Congressmen in those days—you can still buy and sell Congressmen, but in those days they were a lot cheaper. 

Monday, October 28, 2013

Agriculture inventories are near historic lows





Agriculture is not a glamorous field and it makes sense that young people are more attracted to working in other fields such as Management or Marketing.


Here is an article Mr Jim Rogers who has been bullish on agriculture for a while. See below.


"I think agriculture is going to be one of the best investments over the next few decades. The world has consumed more than it has produced for much of the last decade, so inventories are near historic lows. The average farmer is 58 in the U.S. and Australia, 66 in Japan. Old farmers are dying or retiring, and young people aren't going into agriculture. Young Americans go into PR, not agriculture. Prices have to go much higher to attract labor, management, capital or we're not going to have enough food in the long run."

Via - http://blogjimrogers.blogspot.com/2013/10/is-agriculture-good-investment-right-now.html

Monday, October 21, 2013

Jim Rogers: Third world airport, taxi and highway

No doubt Singapore is a world class city/country. Jim Rogers in a recent Barrons interview talks about his admiration for Singapore and finds life there better than New York.

"Singapore has the best of everything—great education, great health care, everything works here. It's been an astonishing success story over the past 40 years. We're very pleased here. When I was selling my New York house, I almost backed out; I just couldn't bear the thought of leaving. But now I'm very happy here. I fly to New York and I realize I'm in a Third World airport. Then I get into a Third World taxi onto a Third World highway. The difference now just slaps me in the face. New York is a wonderful place, with the people and the vibrancy, but I can find the same vibrancy, if not more, in Asia."

via Barrons, Jim Rogers

Monday, October 14, 2013

Obama wants to World War 3

Nobody likes wars, fighting's and death but one thing is certain, Wall Street likes Wars. During periods of wars the stock market has done well specially with defensive sectors. On this touchy subject Mr Jim Rogers gives his opinion.

"If there is World War Three and Mr Obama seems to want to go to war. He seems desperate to want to go to war. That's going to make gold go through the roof and all commodities go through the roof. "

source : Rogers blog

Friday, October 11, 2013

America could default, its scary

As much as I want America to continue its success and lead the world, I personally as a human being cannot understand why the US has to print money and become the worlds largest "debtor nation". Its baffling and mind boggling. Below Jim Rogers has a few words on the subject.

"They’re not on the brink of default because they can print as much money as they want. Yes, America’s the largest debtor-nation in the entire history of the world. Nobody’s ever been this deep in debt and it’s going higher and higher."

Source: Rogers

Jim Rogers

Warren Buffett

Nouriel Roubini