Monday, December 28, 2015

China is moving slowly towards a free market

China calls itself communist, Peter, but I will tell you they are among the best capitalists in the world. I know people who will tell you they are the best capitalists in the world. Planned economy? Yes to some extent but look, California is more communist than China, Massachusetts is more planned, and America is more centrally directed than China at the moment. Their central government has a lot of power, but the provincial have a lot of power too, and the capitalists have a lot of power. I don’t worry that China is too centrally planned; it is going the other way and becoming less and less centrally planned. Whereas America and some Western countries are becoming more and more centrally planned.

Sunday, December 20, 2015

Jim Rogers says India an amazing place to visit does not like India for investment purposes at the moment

I tell people all over the world that if you can only visit one country, it should be visiting India. It is an astonishing country and an extraordinary country to visit. It is not a great place for investing my money unfortunately. Bureaucracy gets worst and the debt continues to go higher. I tried investing in India a year ago or two ago when Narendra Modi was coming to power. But I have exited. I am still watching.

Tuesday, December 15, 2015

Very bullish on North Korea

I’m wildly bullish on North Korea. I wish I could put a lot of money in North Korea. I cannot, because I am an American and there just aren’t that many things you can do, they have no stock market or futures market for example. They sent people out to Singapore and other places to learn about capitalism, property markets, stock markets, but those things are still very undeveloped right now.

Tuesday, December 1, 2015

Historical similarities in negativity between Stocks and Commodities

I would remind you that when you look at the bull market in stocks between 1982 and 2000 there were several times when stocks collapsed. In 1987 stocks went down 40 – 80% around the world. There were several times when prices collapsed and everyone said the bull market was over but it wasn’t. 

Is the bull market over in commodities? I don’t think so. But maybe I’m wrong, it started a long time ago.

Thursday, November 5, 2015

I dont want to buy GOLD right now

I am not buying gold yet. I am expecting an opportunity to buy gold. But other commodities like rice and sugar, some things have slumped down enough, I would not buy iron ore but I might buy rice or sugar.

Monday, October 26, 2015

Long term Bull Market in commodities still on play

In 1987 stocks went down 40 – 80% around the world. There were several times when prices collapsed and everyone said the bull market was over but it wasn’t. 

Is the bull market over in commodities? I don’t think so. But maybe I’m wrong, it started a long time ago.

Tuesday, September 29, 2015

Why taxes will go higher and get worse

The U.S. politicians are going to tax everything in sight, and I’m afraid the taxes are going to get worse. 

The United States is the largest debtor nation in the history of the world. No debtor nation has ever, no nation has ever gotten like this, and the debts are going higher and higher and higher. That is a reason to own gold and silver, but it’s also a reason that they’re going to tax us as much as they can.

Tuesday, September 8, 2015

Jim Rogers sells all his Indian stocks

I did sell my India shares as I don’t see anything happening. The market was high, and investors had anticipated great things, including me—even if he (Narendra Modi) were to do things, the market had already discounted some of that because it had gone up a lot, and there was nothing new coming from Modi. You can’t just invest on hope.

Originally published

Monday, August 24, 2015

Jim Rogers best investment is his kids

Investment guru Jim Rogers has said it before and he will say it again: 
His best investments are his two daughters, Hilton Augusta and Beeland Anderson.

"You can ask me in 30 years if it's a good investment but so far it's the best investment I've ever made. They make me very happy and if you can find anything makes you happy, it's priceless. I don't know of many things like that."

"I could buy a diamond or stock but it wouldn't make me happy all day long, every day."

Mr Rogers says his daughters, who are 12 and seven, have taught him more than any other investment could have, about life, people and even his parents.

Monday, August 3, 2015

Bought Zimbabwe stocks recently

At the moment some agricultural commodities are investment worthy. China, Russia, Japan North Korea and Ethiopia; I bought some shares in Zimbabwe recently.

Monday, July 20, 2015

Greece still has huge problems ahead

Tourist in Greece

Problems with Greece have been going on for five years and it is perhaps higher now than it was before. They still spend huge amounts of money on pensions and government employees. So Greece hasn’t really had serious austerity yet.

Monday, July 13, 2015

Singapore at forefront for solving water problems

Singapore is one of the most advanced places for solving water problems, because they have to. They recycle water, figured out ways to capture the water. One of the worries is that if they go to war with Malaysia that would be the end of the story, because Malaysia would just cut off the water. Fortunately, they are not at war and Singapore has been hard at work – I believe that we are now 90% self-sufficient, but still, you got to have the water.

Tuesday, July 7, 2015

Chinese currency could replace US Dollar

There’s not much alternative right now but eventually the US dollar is going to be replaced with something else, perhaps the Chinese renminbi.

Tuesday, June 30, 2015

Its crazy to think debt can be solved by creating more debt

We have had economic slowdowns every 4 to 7 years since the beginning of the Republic. We’re overdue for another problem. When this artificial sea of liquidity ends, we’re going to pay a terrible price.

This is the 1st time in recorded history that all the major world’s central banks are printing staggering amounts of money.

Now the world has this huge artificial ocean of liquidity. The people getting the money are having a wonderful time. But when it ends, it will be very nasty. The idea that the solution to too much debt is more debt is mind-boggling.

Tuesday, June 16, 2015

Jim Rogers praises Chinese entrepreneurs

China has a long history of innovation, and entrepreneurship is also being revived. It's in the Chinese soul and Chinese genes.

There may be some difficulties and failures, but it's normal that some people succeed while others do not. It is just the way the world works and should not be a reason for concern.

Tuesday, June 9, 2015

Jim Rogers loves travelling the world

My wife says I'm a gypsy, a wanderer. I don't think I've ever gotten homesick in my life. I remember as a teenager I said I wanted to see the world, I want to taste it all.  

Tuesday, May 12, 2015

Jim Rogers: New York City is a third world city

When I go to New York I'm so happy that I live in Asia. New York is a third world city, with a third world airport and a third world tax.

Living in Singapore compared to living in New York? Living in Hong Kong compared to Chicago? No I don't miss it. I'm still an American citizen, an American taxpayer, an American voter, but I'm glad I live here in Asia. 

Tuesday, April 21, 2015

Jim Rogers speaks highly of Russia's economic future

Russia is one of the few [states] that has low debt and big reserves, so there are many advantages to Russia given that the stock market is down a great deal and it is not very popular with investors.

Tuesday, March 31, 2015

Sunday, March 1, 2015

Fed could cause stock market bubble

If the stock market goes down — say, you pick the number, 13 percent....  23 percent, everyone will be screaming, and Mrs Janet Yellen and her friends will say, 'Oh, we're sorry, we didn't mean to hurt you,' and they will loosen up again. One way or the other, the markets will heave a sigh of relief, have a big rally, maybe even turn into a bubble, at which point I hope I'm smart enough to try to short stocks in the US.

Tuesday, January 20, 2015

Jim Rogers optimistic on Indian shares but not too much

I own Indian shares, but I am not overly optimistic on the India story. Prime Minister Modi has said a lot of good things. Unfortunately, he has not been producing any solid result yet.

If the US, Europe and Japanese markets go down, India will not be standing long in the face of all of that.

Tuesday, January 6, 2015

Jim Rogers on Currency wars by central banks around the world.

Whether it’s an intentional [currency] war or an accidental [currency] war or side effect, I don’t know, but it’s certainly happening.

Jim Rogers

Warren Buffett

Nouriel Roubini