Jim Rogers : The best thing for me is to own agricultural products themselves , yea I am involved to farmland to some extent but you got to make sure Ross that if you buy a farm that it is going to rain on your farm and that you have a farmer who knows what's he is doing , because if it does not rain on your farm or your farmers do not know what they are doing it is the rest of us who own wheat and cotton and things like that that are going to make a fortune so for me it is easier to own the agricultural products themselves although I am involved in farmland in some parts of the world ...Australia Brazil these are not secret where the great farmland is , not America , not America .not with my money ....- in CNBC 09 Nov 2011
Wednesday, November 9, 2011
Jim Rogers : If China Starts Easing, Inflation Will Get Worse
Legendary Investor Jim Rogers, CEO and chairman of Rogers Holdings, told CNBC, today 09 Nov 2011 "I hope China is going to stay really hard and tight until they destroy inflation." " you should not believe any government especially when they talk about inflation " says Jim Rogers , " I cannot figure out why inflation would be down in China , I ca't think of nothing that's going down in price to make the chinese inflation go down " Jim Explains
Jim Rogers : I am short Europe & the European stocks ,but I am long the Euro
Jim Rogers: 100% Chance Of Crisis Worse Than 2008 Italy to Implode
Jim Rogers: ....there is a “100% chance” the world is facing a financial crisis worse than 2008, as Italy was plunged into chaos on the back of soaring bond yields which now make the country’s huge debt unsustainable, mandating yet another EU bailout."We're certainly going to have more crises coming out of Europe and America; the world is in trouble. The world has been spending staggering amounts of money that it doesn't have for a few decades now, and it's all coming home to roost," - in CNBC 09 Nov 2011
Gold would certainly go to 2000