Sunday, December 21, 2014

Should have shorted the Euro and Swiss Francs

I’m not sure what the Swiss franc should’ve been, we all should have been short the euro and the Swiss franc. I have been long in the dollar, U.S. dollar . . .  which is the other side of that trade, but at the same time, I guess I should’ve shorted the euro. I just went along with the dollar… not because I have a lot of confidence in the dollar. 

Wednesday, December 17, 2014

Jim Rogers not worried about Russia

They [Russia] still have huge foreign currency reserves. This is helping their balance of trade, obviously. They still get paid for oil in dollars. And it’s certainly not – it’s not causing imports to go up in Russia with the currency collapsing. So I don’t see it as a crisis. They have many debts coming due – U.S. dollar debts, which I would suspect they can finance. But, again, I haven’t sat down and put pencil to paper to really determine whether it can be done or not.

Monday, December 8, 2014

Agriculture is a long term bull market because ....

More people in America study Public Relations than Agriculture. The basic problem in agriculture still exists.

Tuesday, November 4, 2014

Change is inevitable

“Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.” 

Tuesday, October 28, 2014

US Dollar is not safe haven that people may think

I only own it [US Dollar] because I expect all this turmoil to happen. In times of turmoil people flock to the safe haven of the dollar. It's not a safe haven, but they think it is. I expect the dollar to get stronger over the next year or two.

Monday, October 20, 2014

Monday, October 13, 2014

Jim Rogers says "Its absurd"

We have gone in and taken the assets away from the competent people, given them to the incompetent people and said to the incompetent people, 'Now you compete with the competent people with their money'. It’s absurd.

Tuesday, September 30, 2014

Whats true today might not be true 15 years from now

The world is always changing. 

No matter what you think is true today, its not going to be the case in 15 years. You pick any year in history 1900, 1950, you look at how everybody thought the world is, 15 years later enormous changes had taken place, in politics, economics, war, technology. 

Tuesday, September 23, 2014

Jim Rogers quote on Russia

I first went to Russia in the year 1966 and came away pessimistic, and was pessimistic for the next 46 years. I knew I wouldn’t work. But now I see positive changes taking place, and so I’ve started investing in Russia.

Sunday, September 14, 2014

Jim Rogers on Ukraine stocks

I have only been to Ukraine twice in my life, but I’ll tell you – I have never been impressed by the government or the management of Ukraine. You don’t buy something just because it’s low – because it can get lower and lower and lower. 

I’d rather buy a sound situation, rather than one that is in turmoil and it’s going to continue to be in turmoil. If you’ve looked at the Ukrainian government over the past 10-15 years – you know what I’m talking about. Someday, of course, I might invest in Ukraine, but not now.

Thursday, August 28, 2014

Sanctions not seeming to have effect on Russia

My point about sanctions is that they don’t seem to be hurting Russia, I don’t see that there’s any major sanctions that can hurt Russia over any extended period of time, so, no, I am for one do not see how sanctions from America, especially if their allies don’t go along with them, or don’t go along with them in a big way – I don’t see how that can hurt Russia other than, maybe, in the short-term. It’s just that I don’t see it.

Wednesday, August 6, 2014

Jim Rogers: World to face serious oil energy problems in longer term

If there is war, oil prices can climb to $200 a barrel. If there is no war, it can, for a while, stay between $90 to $120 a barrel.

If war breaks out, there is no top for oil prices. Who knows how high it would eventually go? I don’t expect war anytime soon. But if it does happen, then one should definitely own all commodities, especially oil.

Even without war, oil prices can move up, since oil reserves in most of the world are on a decline. The world is facing serious longer–term oil energy problems down the road.


Sunday, July 13, 2014

Hard times may be ahead

A lot of people are going to experience [hardship], because we are in this artificial liquidity. So, you should go back to that dark room, if you can find it, and put some food in the closet. So when that period comes, you have some extra food, or a flashlight. If it doesn't happen, then it doesn't matter.

Sunday, June 29, 2014

Jim Rogers on how China can solve its internal problems

Normally, the best way is to try to provide some kind of accommodation, so the Chinese and the Uighur's can be satisfied. Killing each other doesn't usually solve the problem.

Wednesday, June 4, 2014

Oil prices vs US oil reserves

If we’ve sold all of our oil reserves, it’s not enough to have any kind of significant effect on the world oil market. It might make the market go down for a day or weeks, or two weeks, even.

But, then the markets it’s going to go back before, and the market may even go back more, because then America would have sold its oil reserves, and we wouldn’t have anything in reserve, so… again, you have to ask him, I don’t know, but that doesn’t seem like a very viable solution to me. 

Sunday, June 1, 2014

Jim Rogers proud of daughter

My older daughter won a nationwide speaking Chinese language contest in Singapore in 2013. 

If you went to a movie, and saw that this blue-eyed kid was the best Mandarin speaker in a Chinese country, I would walk out. That's crazy. But she won it again this year.

Sunday, May 18, 2014

Jim Rogers on Russia and its ambitions

Putin or something in the Kremlin has realized that just putting someone in jail, or executing them or taking someones assets is not a good way to develop your reputation in the long run.

Something just happened to the people of Kremlin. They want to attract outside money and expertise and keep it. Putin talks about making Moscow Stock exchange and Moscow, one of the financial centers of the world. Its pretty astonishing to me, the home of Lenin, the home of Stalin, become an international center. They are spending a lot of time, money and energy to make it happen.


Tuesday, May 6, 2014

Respect China as it will be the next greatest country in the world

China will be the next great country in the world whether you have a bad year or two, a quarter, it doesn't matter.

Wednesday, April 23, 2014

Jim Rogers on politicians

Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.

Monday, March 24, 2014

Jim Rogers: Gold vs Silver

Value wise [I am invested] more in gold, because gold sells for many multiples of the price of silver. 

But maybe I own more ounces of silver. But so what? Gold is so much more valuable.

Tuesday, February 25, 2014

Jim Rogers Feb 2014 update

Jim Rogers is holding on to his gold position in anticipation of an inevitable market bubble and substantial gains. Jim also believes the threat of pension fund and savings confiscation is real. 

via http://news.goldseek.com/radio/1393207200.php

Monday, February 17, 2014

Prime Minister Abe policies to be Japan's death knell

 In 20 years, we’ll look back at Japan, and its death knell will be what Mr. Abe did in 2012-2014

Monday, February 10, 2014

Jim Rogers: Party will end badly

Veteran investor Jim Rogers believes the global equity market 'party' will come to a nasty end - but before it does, look to Chinese government spending for clues on the best investment opportunities.

Tuesday, February 4, 2014

Jim Rogers owns US Dollars

I own the US dollar. So I hope they are right. It worries me that you say that there is turning out to be a consensus. I like to be on the other side of the consensus.

My view is that we are going to have more currency turmoil in the world and during periods like that, many people flee to the US dollar. They think it is a safe haven. It is not a safe haven, but many people think it is. I expect more turmoil. Eventually, whether it is this year or next, when everybody has flocked to the US dollar, that is the time to sell and get out.

Thursday, January 30, 2014

Ideal allocation of Gold/Silver in your portfolio

 I would suggest that people start allocating 3% or 4%. That would be a fairly nice position.

Monday, January 27, 2014

Jim Rogers thinks gold will bottom 2014

There are huge shorts that have developed in precious metals as you know. So they are overdue for a rally. We have had a big drop in 2013 and everybody got negative and everybody got short. So we are going to have a rally, though not too much of the rally. I am not going to either buy or sell that rally, but there will certainly be a rally.

Later in the year, things will go down again and hopefully finally, we will make a nice bottom and we can buy gold again. I would prefer silver to gold. I am not buying either at the moment. Silver is down 60% from its all-time high and gold is down 30% or 35% from its all-time high. However, I am not going to buy either at the moment.

Wednesday, January 22, 2014

Buying during civil unrests

Thailand has had dozens of coups in the last few decades, but they always start up again. Buying during the coups and during civil unrest has usually been profitable. But always in the past, it has been good to buy when there’s been civil unrest and/or a coup. via - Jim Rogers Blog

Monday, January 20, 2014

Jim Rogers: Commodities vs stocks

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

Historically, there has been a bull market in commodities every 20 or 30 years.

Wednesday, January 15, 2014

Jim Rogers on Wallstreet Hype

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

via - www.jimrogerblog.com

Thursday, January 9, 2014

Jim Rogers neither bullish nor bearish gold in short term

There's nothing in precious metals that I'm tempted to buy at the moment. Gold will become one of the only refuges around. [However] that's not [going to happen] this quarter.

Wednesday, January 8, 2014

Politicians look for easy way out

India's got a huge balance of trade deficit and the three largest parts are oil, gold and cooking oil. They cannot do anything about oil or cooking oil, so they're attacking gold, blaming their problems on gold. Gold has not caused their problems, gold is a symptom of their problems, but politicians are pretty simple-minded people and they look for the easy answer.”

Monday, January 6, 2014

Buy Crisis and panic sellings

If you are a trader or an investor, if you buy panic, you are going to do okay.

Sometimes it is better for the traders, because when there is a panic—a war breaks out or something like that—everything collapses, and some people are very good at jumping in and buying. Then, when the rally comes, the next day or the next month, they sell out.

Now, the people who are investors can also do that, but it usually takes longer for there to be a permanent rally. In other words, if there's a war and stocks go from 100 to 30 and everybody jumps in, it may rally up to 50, and then the traders will get out, it may go back to 30 again. I'm trying to make the differentiation between investors and traders buying panic.

As an investor, nearly always if you buy panic and you know what you are doing, and then hold on for a number of years, you are going to make a lot of money.

You also have to be sure that your crisis or panic is not the end of the world, though. If war breaks out, you have got to make sure it's a temporary war.

I used to work with Roy Neuberger, who was one of the great traders of all time, and whenever stocks would panic down, he was usually one of the few buyers, because he knew he could get a rally—if not that day, at least maybe that week or that month. And he nearly always did. No matter how bad the news, especially if there's a huge drop, it's probably a good time to buy if you've got the staying power and your wits, because you will likely get a rally. In terms of panic buying or crisis situations, that's normally the way to play.

Now, it's not always easy, because you are having everybody you know, or everybody in the media shrieking what a fool you are to even try something like that. But if you have your wits about you and you know what you are doing, and you know enough about yourself, then chances are you will make a lot of money.

Thursday, January 2, 2014

Jim Rogers is Not shorting markets

I am not shorting stock markets anywhere because nobody has any constraints anymore. There is no such thing as sound economics anymore.

Jim Rogers

Warren Buffett

Nouriel Roubini