JIM ROGERS

JIM ROGERS

Friday, November 21, 2014

Low Oil Prices An artificial play by the Saudis & The Americans


The U.S. together with Saudi Arabia just want to put pressure on Russia and Venezuela. It’s an artificial play by the Saudis, with the support of the Americans to punish some; especially Russia and Iran. Maybe by following this strategy, they can get them to do what the U.S. says."
"I am buying in Russia right now. Some of these markets had been under pressure but I am buying stocks. I am optimistic about Russia." Jim Rogers told The Anadolu Agency,




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Thursday, November 20, 2014

JIM ROGERS - GOLD PRICE Due a 50% CORRECTION in 2015 & More Countries to Leave U.S. Dollar





 Famed commodity investor Jim Rogers is on Kitco News to speak about the Chinese and US economy, gold, and even bitcoin. Rogers has some very interesting thoughts about the yellow metal and where he thinks it may be headed. “Gold is still correcting… I expect there to be another opportunity to buy gold sometime in the next year or two.” He also shares his insights on the US economy and how he is not so confident in the US dollar given the country’s elevated debt levels. “No country in world history has got itself into this kind of situation and got out without a crisis or semi-crisis.” He also shares some insights on bitcoin and what he thinks of the cryptocurrency. Does the following contrast sound familiar to you? Mainstream media headlines, mostly based on either mainstream economists or large financial institutions, report continuously how weak the precious metals market is; they hasten to remember readers how the bull market had burst in 2011 and that much lower prices are just around the corner. In their view, after peaking in 2011, gold and silver are in a clear bear market. On the other hand, writers and analysts that are non-mainstream (most of them non-Keynesian) consider today’s gold and silver market as a long correction in a gigantic secular uptrend; they expect (much) higher prices in the years to come. The interesting thing is that everyone is looking at the same data and charts.

The key question is whether the gold market is correcting in a secular trend or the bear market is here to stay (till the next cycle starts). Guessing isn’t very useful when it comes to investing, but if I had to make a guess I would say that both metals sell off one final time into a lower low by early 2015. Based on historical analogues alone, Gold seems to be following the 1996-99 bear market quite well and could bottom around March 2015. At the same time if Silver falls to a lower low around March 2015, that would be one of the longest and most oversold downtrends (not including the 1980-82 bubble crash).

It almost happened in 2008… but as this excerpt from Casey Research’s Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, “…if the carrot (of credit worthiness) is fading, and the stick (of military threat) is weak, that empire is going to come down in a hurry…” which leaves a serial economic mis-manager only one option to ‘secure’ the empire. The US government has run up trillions of dollars in debt, and given the recent debates over the country’s debt ceiling, we can rest assured that neither Congress or the President will act to curtail spending and balance the budget. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money. Well, the primary events are fairly predictable: they would include major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar.

Food Shortages. The food industry operates on very small profit margins and survives only as a result of quick payment of invoices. With dramatic inflation Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses. Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA), which many interpret as declaring the US to be a “battlefield.” The NDAA allows the suspension of habeas corpus, indefinite detention,






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Tuesday, November 18, 2014

Jim Rogers: Ukraine is one of the worst-managed countries I've ever seen




Henry BlodgetAnd you say that even given Russian President Vladimir Putin and his aggressiveness?

Jim Rogers:  It sounds like you have been reading American propaganda too much. This all started with America, with that diplomat in Washington [Victoria Nuland, the Asst. Secretary of State]; they have her on tape. We were the ones who were very aggressive. We're the ones who said, 'We're going to overthrow this government, we don't like this government, even though it was elected. They are fools and we don't like them, so we're going to get rid of them.' We were the aggressive ones. Crimea has been part of Russia for centuries. If it weren't for [Nikita] Khrushchev getting drunk one night, it would still have been part of Russia. That election was in process, anyway. Everybody would rather be part of Russia than Ukraine. Ukraine is one of the worst-managed countries I've ever seen. Of course people want to get out of Ukraine. You would, too. It's a disaster. And Russia has been much more prosperous.

Maybe Putin has been overly aggressive, but he has been subject to horrible stress in the West. The State Department says he's a bad guy, so the American press says he's a bad guy. They stop looking at the facts. It happened in previous wars, including Vietnam.

The other effect it's having is driving the Russians and the Asians together. That will hurt us — the US — in the end because the Asians have more money than the West. America's the largest debtor nation in the history of the world. China has huge assets, as do other Asian countries. So unfortunately, it's causing Russia to turn more toward Asia. That too will be good for Russia in the long term. There are 3 billion people in Asia. You see the Russians have made this huge gas deal with the Chinese. The Chinese and the Asians have recently started an Asian bank to compete with The World Bank. This whole thing, which we started, is only accelerating bad movements.

These sanctions are not hurting everybody, but they're certainly hurting Europe, which is driving more and more people to look for competitors to the US dollar and the US banking system. In the end it's good for Russia. I don't like saying it. I'm an American like you are. But I have to deal with facts, not with propaganda and not with hope. - in Business Insider Nov 2014

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
JIM ROGERS BLOG





Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "