JIM ROGERS : Whenever somebody interferes with something it impedes the growth of that Industry

 To what extent do political implications hold commodities back?

JIM ROGERS : Fortunately or unfortunately, depending on which side you are on, there are always people scrutinizing everything. Whether it is Microsoft or palm oil or whatever it happens to be. It goes with the territory. Whenever somebody interferes with something it impedes the growth of that industry - and maybe it should be impeded. I do not happen to think there is much wrong with palm oil. It provides jobs and income for a lot of people. But, there are other people who disagree and that is part of the game, no matter what the game is. If you are selling Coca-Colas on the street corner, somebody is going to come along and complain. - in zawya



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 : most of the good Opportunities will be in Asia

 Where do you see opportunity in frontier developing markets?

JIM ROGERS : Well, the assets right now are in Asia. The largest creditor nations in the world are China, Korea, Japan, Hong Kong, Singapore, and Taiwan. This iin zawya

s where the money is. Malaysia has big reserves for its size. A lot of countries have big reserves in Asia. You do not have gigantic debts in Asia. If you look out the window, you can see where the debts are. Go East or West, depends on which way you want to go, and you will see a lot of debts in Europe and America. I moved to Asia because I want my children to grow up in Asia because this is the century of Asia and I want them to be here. Now there are some great opportunities. Many of the ASEAN countries are going through big changes, Malaysia, Indonesia, Myanmar, my goodness what is going on in Myanmar. So most of the good opportunities will be in Asia. Korea I find very exciting, or what is happening in South Korea anyway. Russia to my astonishment. I was bearish on Russia between 1966 up until recently. So there are plenty of opportunities. In Angola there are great things happening, Tanzania, and Ethiopia. There are places in the world where things are getting better, but unfortunately for the world, the largest economies in the world are having problems, and that means everybody will suffer. -

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 : you need to have Diversification and Protection.

 What is the best way for people living in places that do not have the brightest outlooks to protect themselves?

JIM ROGERS : Move. No, the best way you can protect yourself is to learn about what is happening outside your own country, whatever your own country is. By the way, everybody should have some investments outside their own country as an insurance policy. Even if you live in the best country in the world, have some money somewhere else just in case. You have your health insurance policy, have a country insurance policy. There are great opportunities taking place in many parts of the world, so you should take some time learning about those investments. Many countries are going to go through the ringer in the next decade and you need to protect yourself in case you happen to have your assets in one of those countries. I am not the least bit optimistic about the US and these other places in the coming decades, so you need to have diversification and protection. - in zawya



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%.