Jim Rogers on The Kudlow Report CNBC Dec 07 2010

Inflation on the Horizon

The government's debt structure puts them on track to have to pay over 35% of their tax receipts to interest payments on the debt within the next 10 years. The government's cost of borrowing will skyrocket. The Fed will bail them out by printing even more money, and we will have a hyper-inflationary great depression. Seriously, if you look at the government debt situation, you will realize that the eventual options are default or inflation, and governments always chooses inflation

Jim Rogers : expects interest rates to go much, much higher

Jim Rogers : REUTERS 2011 INVESTMENT SUMMIT

Wall street king Legendary investor Jim Rogers and author of ‘Hot Commodities’ agrees with Dr Gloom Boom and Doom Marc Faber in predicting ‘much, much, much higher interest rates’ in the US over the next few years and is now shorting US treasuries. He told a Reuters investment summit this week that ‘everybody in this room knows that prices are going up for everything’, Jim Rogers is not only an astute businessman, a voice of reason and a gentleman but is also blessed with a genuine sense of humor - Jim Rogers 's golden words: Investment in productive capacity is what leads to the long term growth of economy.



One important fact you need to remember. When the crash happens, a new system will be offered. Refuse it, unless it is a gold standard.I doubt that they would offer a gold standard due to what happened in the UK in the 1930s when Churchill tried. It'll just be another Fiat currency backed by nothing.

Jim Rogers : America is going to continue to print money. that is all America knows to do

Jim Rogers :"...No matter what happens, America is going to continue to print money. Unfortunately that is all America knows to do, it is not the right thing to do, it is not good for the world, but that is all America knows to do.

If there is war, they are going to print money. If there is not war, they are going to print money and so whenever there has been money printing, the result has been that you should have your money in real assets. It has been a pretty clear thing throughout history. The real assets are the only way to protect yourself. Real assets are basically the only way to protect yourself in time of war. ..."
in www.economictimes.indiatimes.com

China Bull Rally to Continue?

Dec. 8 2010 | John Tang, China strategist at UBS Investment Bank, is calling for 30% upside on the China MSCI Index next year. He tells CNBC's Oriel Morrison that valuations remain cheap and earnings forecasts are likely to be upgraded.

China economy passed the US economy ?

A recent survey found that only 1 in 5 Americans said that the US economy is the world's strongest—nearly half picked China instead. Has the United States economy really been passed over by the Chinese? RT's Priya Sridhar is joined by a panel of Washington Examiner Associate Commentary Editor J.P. Freire and Business Insider Joseph Weisenthal to debate America's economic shortcomings.


wall street is not contributing to society. US financial institutions have absolutely no function except funneling cash up to the 1%. The fact that its stagnating is automation of processes and out-sourcing work to other countries.

My way of playing is to be long commodities

Jim Rogers :"...I am cautious because as the markets go higher, either they are going to have to continue printing money or come to the currency market from the bond market eventually. My way of playing is to be long commodities because either way whether the world gets better or does not get better, commodities are going to do well. I worry about stocks because I only see the stock markets are pretty high around the world, including India. ..."