Thursday, December 26, 2013
Commodities: The Bull Market Is Still Intact
Well, I don't see the end in sight—yet. Conceivably, the world economy
is going to collapse sometime in the next decade. And if that happens,
needless to say, then central banks are going to print even more money.
It's the wrong thing to do, but commodities will benefit and be a better
place to invest than stocks, or certainly better than bonds if that
happens.
On a historic basis, we're maybe two-thirds of the way through the
commodity bull market. Normally, eight, nine, 10 years into any bull
market in anything, you start to see more supply come in. But what
happened in 2008 and 2009 means there is a lot of potential capacity or
supply that's been deferred or delayed. So we don't have as much supply
coming as we normally would in this stage of the bull market.
So this bull market might last longer than most. But again, there's no
reason for me to determine that yet. The bull market is still intact. I
hope I'll be smart enough to recognize that a lot of capacity and a lot
of supply is coming in, because that will be the end of the bull
market. But that's still years away. - in Gold News
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%.
I Have Shorted The Bond Market
I've shorted the bond market. I hasten to tell you I've shorted the bond
market two or three times in three years—unsuccessfully. I don't know
if I got my timing right this time or not. - in Bullion Vault
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%.
Food Prices Will Go Up And So Will Social Unrest
I expect food prices to go much higher over the next few years.Whenever that happened through out history it lead to social unrest. - in The Wenzel Show
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%.
Catalonia vs. Spain
I wrote a book once called Investment Biker and in that book I made the
point that I know of no country in history, in the world as we know it,
that has lasted as long as 200 years with the same borders or the same
government.
So, it would be normal if more countries continue to break up. We had at
least 10 or 12 countries breaking up in the past decade or two.
Yugoslavia, Czechoslovakia, Ethiopia and Eritrea, Sudan recently, Soviet
Union. You had a lot of countries breaking up and that is going to
continue. That is the way it has been through out history. - excerpt from an recent answer to a question about the tensions between Catalonia and Spain
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%.
Invest Only In What You Know
People should only invest in what they, themselves know a lot about. - in The Wenzel Show
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%.
Farming Will Be Great In The Next 20 years
Farming is going to be one of the best professions of the next 20 years. - in a CNN 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%.
Embrace Change
People who fight chance are fighting inevitability itself. - in Adventure Capitalist
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%.
Another Slowdown is Coming
We are going to have a global financial collapse because of these guys. In the U.S. we have had economic slowdowns every 4 to 6 years since the beginning of the republic.
In 2001-2002 we had a problem and then we got over it, the government printed a lot of money. By 2007-2008 and 2009 we had our next one, which is the way it always works. It was worse because the debt was so, so, so much higher.
Now you wait till the next one. There is a next one coming despite what they keep telling us. And when the next one comes, the debt is going up by staggering amounts, not just in the U.S. but worldwide. So when the next one comes it will be even worse. Let`s hope the world survives that one.
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%.
How Central Banks Are Perceived
The central bank is supposed to prevent slowdowns, is supposed to prevent all sorts of things, they are supposed to make sure that none of us have any problems. That is ludicrous because mankind has not changed over the past few hundred years and will not.
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%.