"I don't own very many equities," Jim Rogers, told CNBC recently
"I don't know what's going to happen but I expect more currencies turmoil, more social unrest, more governments collapsing so I invest more in currencies and commodities than stock," he added.
Jim Rogers said he has had long positions in commodities for 12 years and has warned repeatedly that food prices will "go through the roof."
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
Friday, February 11, 2011
Jim Rogers : invest in real assets like silver rice and natural gas
Jim Rogers :"...what you have to do is you have to find things that will protect your assets real assets silver rice natural gas something that will hold its value in an inflationary time , ......."....I do it two ways , I own gold and silver coins in my hand in my house in my box , I also own gold and silver futures that's another way to do it , or rice futures you can do it by buying futures if you know what's you are doing be careful always be careful..."... "Of course that's one of the best times , first of all be sure you do your homework for goodness sake do your homework , just because you see somebody on TV saying buy silver , do not do it until you know a lot about silver , but if you do your homework and you see that things are gonna be good for silver on days that silver goes down you buy yourself some silver , do not buy when it's going up , you buy when it's going down ..." " I own both , silver is 40% below its all time high Gold is making all time highs between the two , be sure you understand I own both , I think you will make more on silver going forward ....it is cheaper historically...." Bernanke he does not understand finance economics currencies all he understands is printing money and now we have giving him the printing presses he has run those printing presses as fast as he can ..." Jim Rogers with Judge Andrew on freedom watch February 06, 2011
El-Erian : Egypt Economy Will Need to Be Restarted
Feb. 10 (Bloomberg) -- Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., discusses the outlook for Egypt's economy once the nation's political situation begins to stabilize. Egyptian President Hosni Mubarak may announce today whether he will step down as the army discusses measures “to safeguard the interests” of the country after more than two weeks of protests demanding his ouster. El-Erian talks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)
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