JIM ROGERS - When Will FEDERAL RESERVE STOPS PRINTING MONEY? INVEST in CHINA

 Rachel Mills of the Birch Gold Group recently interviewed Jim Rogers, giving him a chance to respond at greater length than usual. He answered questions on currency, QE, precious metals and inflation. "Nobody ever wins a trade war, a currency war, which is just another kind of trade war. Everybody loses in the end , some may temporarily come out ahead but it's temporary if nothing else. As you have pointed out, the cost of living of many people is going up, and it certainly is, my gosh, in Japan you have a currency that's down 25% in a year. Well I assure you the Japanese are feeling that because everything that Japan imports has gone up fairly substantially AND even the things that they don't import are up because the Japanese manufacturers and the Japanese producers can raise prices because they don't have to worry about competing with the foreigners any more. So we're all losing in currency wars. How long can it go on? Well, it can go on as long as politicians can continue to print money. The problem is, of course, eventually the markets will just say, "We're not going to play this game anymore" and we'll have a serious collapse. I wish the politicians were smart enough at some point to say, "We've got to stop this, this is going to be bad." But unfortunately they never have, and probably never will. Mr. Bernanke is certainly not going to stop it, because he doesn't want to go down in history as causing the collapse. Mrs. Yellen, when she comes in, she's not going to stop it, first of all she doesn't believe in stopping it, she thinks printing money is good. And she knows -- I hope she's smart enough to know -- that if she stops, oh my gosh, it's going to collapse. So she's not going to stop. Nobody wants to go down as causing the collapse of the world. So I'm afraid this is going to go on until the market eventually says to them, "Okay, enough is enough," we have a big collapse and then they're all thrown out and we can start over.

Jim Rogers Says "Abolish the Fed and Resign"

It was an historic day on Wall Street with the Dow topping 16,000 on Monday. We'll tell you why-and-what caused the run.

And the revolving door of Washington-to-Wall-Street takes another spin! This time it's Timothy Geithner in the turnstile. We'll tell you where he's going.

Also, "What Would Jim Rogers Do"? We follow up with the legendary investor, and bow-tie aficionado, to get his take on what he would do if put charge of the Fed.

Finally, foreclosures are up from September. In some cities one in every 300 homes received a foreclosure filing last month. Is yours on the list? Rachel Kurzius and Erin discuss in today's Big Deal.



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’ll Make A Lot More In The Right Mine Than In The Commodity…[But] You Have To Be Careful”

 Jim Rogers : If you figure out the right mine, the right company—you could make a fortune. So I don’t avoid them. For me, it’s simple these days to buy the commodity itself, but if you find the right mine, you’ll make a lot more in the right mine than in the commodity. But the problem is, there’s hundreds of—no, thousands of mining companies, so you have to be very careful.  
 - in Goldseek

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%.

The 21st Century would belong to Asia — and in particular, China

The 19th century may have belonged to England and the 20 century to the United States, but the 21st century belongs to China, says American investor Jim Rogers.
Rogers, the billionaire co-founder of the privately owned hedge fund Quantum, made the comments on Nov. 16 at an economic forum in Nanjing, the capital of east China's Jiangsu province, according to a report from the state-owned China News Service.
During his speech, Rogers said he has strong confidence in China's future development based on his personal experiences over the years. The 71-year-old said he has toured the world twice, the first time in 1990 when he visited more than 50 countries in nearly two years, and again in 1999 when he visited 116 countries over three years. He said he was certain that the 21st century would belong to Asia — and in particular, China — the first time he visited Nanjing in 1984, when China was undergoing reforms and opening up.