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%.

Wednesday, June 26, 2013

Sugar : The Most Under Appreciated Commodity today

Jim Rogers : "Maybe sugar. But I don’t really know. I haven't thought about it. Just find out whatever is down the most and find out where the most bears are. And that’s probably it. I don’t know whether there are more bears on silver and gold or on sugar right now. But wherever the most bears are, that’s where you should look." - in Index Universe

 

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%.

A Global Bond Bubble


"Mr. Bernanke believes you can expand the central bank balance sheet infinitely, and suffer no ill effects. Anything you do to diminish demand for the thing will cause the price to drop. Same thing here. Bond prices will drop, which causes interest rates to rise. We are in a global bond bubble. When it pops is in Fusion Marketsite
anyone’s guess. I have tried to short bonds a few times. The French tried money printing in the 50’s, the Italians in the ‘60s. At some point, the market won’t take it, and bond prices will go down and rates will rise. We have more money than Bernanke and the central banks do. So at some point this will happen." -



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%.

Cut Down on What You Have in Your Bank Account


"If people have money in any account, anywhere in the world…cut it down to under the guaranteed amount. They might take that too someday when things get desperate, because the precedent has been set, but that’s where I would start if I had money in the bank anywhere in the world.” - in Lew Rockwell Interview



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%.

China has Water Problems


China has a major water problem. The only way the China story runs into big problems is if they run out of water. They are working hard to solve it. I believe they will solve it. If you want to make a lot of money find companies that are working to fix that problem.

As for their stock market, it’s getting closer to a buy. I bought a few shares on Friday. Their market is getting to the point it should be bought.



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%.

US Shale Gas & Shale Oil overhyped


Regarding natural gas, the fundamentals on the ground are not nearly as good as the hype. The number of rigs on the ground has gone down 75% the last couple of years, as the wells are very short-lived, and it takes an enormous amount of money to keep them up. A number of companies have had to lower estimates of their reserves.

As for oil shale, typical wells deplete at 38 per cent the first year. Thus you need a lot of drilling, money, and a high price to keep up production rates.  All you have to do is go out in the oil patch. I believe the investment world will be disappointed with the notion that supply is so great that oil will collapse.



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 to Turkish Newspaper : Let's be prepared for low growth , the global economy will slow down further in the coming period


 "Let's be prepared for low growth"


Rogers emphasizes the global financial outlook would be quite a challenging period ahead, "the global economy will slow down further in the coming period. Countries prepared to grow more slowly let. Fed's new monetary policy affected the whole world," he said.
BOJ President Haruhiko Kuroda recently, a record in the event of circumstances requiring further quantitative easing programs, reminding belirtiğini artırabileceklerini Rogers, stressed that the thought of Japan will continue to print money.
Indicating that the economic recovery is not possible to provide Rogers by printing money, the Fed releases after the appearance of the recovery is not good news for companies that are waiting in the next period, the company may face bankruptcy, told us more.
Responding to questions on the subject before, Finance and Private Sector Development Department of the World Bank East Asia and Pacific Region Director Tunc Tahsin vigilant about the effects of the decisions of the Fed, "they will have only a marginal influence in Turkey. System is not as risky as it is currently in Turkey," he said had used.


 Translated summarily from the Turkish newspaper ekonomi : http://ekonomi.haber7.com/dunya-ekonomisi/haber/1042535-fed-turkiyeyi-degil-tum-dunyayi-etkiliyor

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 "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 "
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