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Keyword: jimrogers

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  • I For One Am Worried, And I’m Taking Preparations” (shorten)

    04/06/2013 8:38:16 AM PDT · by Kartographer · 13 replies
    BULL MARKET THINKING ^ | 4/5/13 | Tekoa Da Silva
    When asked if bank account confiscation will be going worldwide, Jim said, ”Well, it’s now in their bag of tricks, but yes, they can do anything they want too now. I for one am worried and I’m taking preparations. Who knows if I’m right or not, but I’d rather be safe than sorry as all of those people who had money in Cyprus have learned. They thought they had a normal bank account…but now it’s been [taken] with the sanctions of many governments and institutions.”
  • Jim Rogers: We're Wiping Out The Savings Class Globally, To Terrible Consequence (video)

    04/05/2013 10:05:06 AM PDT · by dennisw · 13 replies
    youtube ^ | Published on Mar 9, 2013 | Jim Rogers
      videohttps://www.youtube.com/watch?v=J0TSQaKMK2w   Jim Rogers decries the growing uncertainty and recklessness of global central planners as the world enters unchartered financial markets: For the first time in recorded history, we have nearly every central bank printing money and trying to debase their currency. This has never happened before. How it’s going to work out, I don't know. It just depends on which one goes down the most and first, and they take turns. When one says a currency is going down, the question is against what? because they are all trying to debase themselves. It’s a peculiar time in world history.I own the...
  • Jim Rogers: Taking people's bank accounts is going to happen

    03/28/2013 2:00:26 PM PDT · by Beave Meister · 82 replies
    examiner.com ^ | 3/28/2013 | : Kenneth Schortgen Jr.
    On March 28, billionaire investor Jim Rogers appeared as a guest on the CNBC program, Squawk on the Street. During the four minute interview, Rogers was pointedly asked if what occurred in Cyprus was a one time deal, or if this is now a template for the future of Western economies and banks. Without hesitation, Rogers said that this is going to happen, and taking people's money from their bank accounts is a certainty as both the IMF and ECB have already condoned it in their precedent. CNBC Host Carl Quintinella: What's your appetite on Europe at these levels? Jim...
  • Jim Rogers: 'Run for the Hills,' I'm Doing It

    03/28/2013 3:32:10 PM PDT · by Red in Blue PA · 20 replies
    The EU/IMF precedent of raiding bank accounts in Cyprus to bail out the country's financial system sets a dangerous precedent and investors should "run for the hills" said investor Jim Rogers, chairman of Rogers Holdings, on "Squawk on the Street" Thursday. Rogers said that with Cyprus, politicians are saying that this is a special case and urging people not to worry, but that is exactly why investors should be concerned. "What more do you need to know? Please, you better hurry, you better run for the hills. I'm doing it anyway," Rogers said. "I want to make sure that I...
  • Jim Rogers: Major Crash Ahead For U.S. Investors

    03/11/2013 4:09:06 PM PDT · by Lorianne · 81 replies
    MoneyMorning ^ | 25 February 2013 | Terry Weiss
    Despite the current stock market rally, legendary investor Jim Rogers say the U.S economy is poised for a major crash and is warning investors to protect themselves immediately. In a riveting interview on Fox Business, Rogers warned Americans not to trust any of the positive economic news coming from world governments. "I don't trust the data from any government, including the U.S., Rogers said. "We know that governments lie to us. Everybody's printing money, but it cannot go on. This is all artificial." Rogers, who for years has been an outspoken critic of the Feds policies of "Quantitative Easing" says...
  • Famed Investor Trashes State of the Union Address: ... Whether Obama Is ‘Delusional’ Or ‘Lying’

    02/17/2013 4:16:01 AM PST · by Perseverando · 27 replies
    The Blaze ^ | February 13, 2013 | Becket Adams
    Noted investor, free market advocate, and author Jim Rogers during an interview with Glenn Beck on Wednesday said that Tuesday’s State of the Union address makes you wonder whether President Barack Obama is “delusional” or just a good liar. Our “debt is physically impossible to pay off,” Rogers said after Beck asked whether the country has passed the point of no return. “We are the largest debtor nation in the history of the world.” “If everybody paid 100 percent of their earnings as taxes, we still couldn’t pay it off,” he added. The famed investor then turned his attention to...
  • Short US Gov. Bonds ‘Right Now’: Jim Rogers

    02/07/2013 3:04:29 PM PST · by ExxonPatrolUs · 1 replies
    CNBC ^ | 2.7.2013
    With the Federal Reserve and now Bank of Japan printing massive amounts of money, billionaire investor Jim Rogers told CNBC's "Closing Bell," he is shorting U.S. government debt. "It's all artificial what's going on right now," Rogers said. "The Federal Reserve is printing money as fast as they can. The Bank of Japan said 'we're going to print unlimited money.'" He called the Fed's monetary stimulus "outrageous." All that money printing has Rogers bearish on U.S. Treasury debt. He said he's shorting government bonds and that if it's indeed the end of the 30-year bond bull market, those shorts will...
  • JIM ROGERS: I'm A Gold Bull, But I Think Prices Will Tumble For A While Longer

    12/20/2012 6:16:13 AM PST · by blam · 5 replies
    TBI ^ | 12-20-2012 | Rajeshni Naidu-Ghelani
    JIM ROGERS: I'm A Gold Bull, But I Think Prices Will Tumble For A While Longer Rajeshni Naidu-Ghelani, CNBCDecember 20, 2012With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year. "Just be careful, there're too many bulls, including me, but I'm very cautious," Rogers told CNBC. "Gold is having a correction— it's been correcting for 15-16 months now— which is normal in my view, and it's possible that [the] correction is...
  • Jim Rogers: It's Going To Get Really "Bad After The Next Election"

    10/15/2012 2:08:13 AM PDT · by bruinbirdman · 48 replies
    Money Morning ^ | 10/14/2012 | Terry Weiss
    In a riveting interview on CNBC, legendary investor Jim Rogers warned Americans to prepare for "Financial Armageddon," saying he fully expects the economy to implode after the U.S. election. Rogers, who for years has been an outspoken critic of the Feds policies of "Quantitative Easing," says the world is "drowning in too much debt." He put the blame squarely on U.S. and European governments for abusing their "license to print money." In the U.S. alone, the national debt has surged to nearly $16 trillion, that's more than $50,000 for every American man, woman and child. "[They] need to stop spending...
  • Why Recent Oil Price Falls are a Good Buying Opportunity - An Interview with Jim Rogers

    07/04/2012 7:30:14 PM PDT · by bananaman22 · 4 replies
    Oilprice.com ^ | 07/04/2012 | James stafford
    World markets appear to be hovering over a precipice as Europe’s sovereign debt crisis, slowdowns in India and China and further bank downgrades threaten to send stocks and commodities down even further. Falling oil and gas prices may offer some respite to consumers but are they enough to help the economy or are they a symptom of deeper problems? To help us look at these issues and more we are joined by the well known investor, adventurer and author Jim Rogers. Jim is the creator of the Rogers International Commodity Index, he also recently completed a book called: A Gift...
  • Strap Yourselves in: Jim Rogers Explains Why We Are Going to Have ‘Financial Armageddon’

    06/29/2012 9:04:00 AM PDT · by Perseverando · 29 replies
    The Blaze ^ | June 29, 2012 | Becket Adams
    Leaders of the 17-nation eurozone announced on Friday a plan to rescue their failing banks with cash normally reserved for fledgling governments. When the “recapitalization” (i.e. bailout) plan was unveiled, markets responded very, very well. However, despite the positive market reaction, at least one veteran businessman thinks the deal is a big mistake. In fact, he thinks it’s only making things worse. According to Quantum Fund co-founder, free market advocate, author, and regular lecturer of finance at the Columbia University Graduate School of Business Jim Rogers, the EU’s decision to recapitalize its banks won’t do anything to fight off the...
  • Jim Rogers: European Bailouts May Lead to Another World War

    06/23/2012 4:56:29 AM PDT · by Olog-hai · 26 replies
    Moneynews ^ | Friday, 22 Jun 2012 01:47 PM | Dan Weil
    A continuation of bailouts in Europe could ultimately spark another world war, says international investor Jim Rogers. As an alternative, he recommends a combination of capitalism and socialism to weed out weak European banks and companies and to support the strong. “This is how we got into World War II,” Rogers tells Yahoo, referring to Europe’s handling of its financial crisis. “Add debt, the situation gets worse, and eventually it just collapses. Then everybody is looking for scapegoats. Politicians blame foreigners, and we’re in World War II or World War whatever.” The Rogers solution: “Let the people who have failed,...
  • JIM ROGERS: Here's What Would Cause Gold To Dive 40% To 50%

    05/15/2012 9:39:05 AM PDT · by SeekAndFind · 45 replies
    Business Insider ^ | 05/15/2012 | Mamta Badkar
    Commodities guru Jim Rogers said he is not buying gold. In fact, he said he has "hedged himself" since we spoke to him last month. Rogers said he expects gold prices to fall further and believes they could tumble 40 - 50 percent off their top if India were to stop its gold imports or if Europeans were to sell their gold: "There's some movement in India to really curtail the purchase of gold. Some people in India say we should stop importing gold period which would be draconian. There are also Europeans who are talking about the need to...
  • Jim Rogers: I Would Not Buy Facebook

    01/30/2012 8:43:19 AM PST · by Hojczyk · 33 replies
    Yahoo Finance ^ | January 30,2012 | CNBC
    Rogers told CNBC that the timing of an IPO this week would be a smart move by Facebook. "It's been demonstrated many, many times before that sellers are usually smarter than the buyers, and they usually know when the best time to sell is, and Facebook is doing it," he said. Turning to the broader US economy, Rogers said the United States looks and feels better because the government is throwing money at it. "There is an election in November 2012. Every time there is an election, the government pumps as much money as it can so it can to...
  • Jim Rogers: US Falling Into 'Deeper Trouble,' Faces 2013 Depression (Obamanomics Alert)

    12/06/2011 6:49:02 PM PST · by rabscuttle385 · 16 replies
    Newsmax ^ | 2011-12-05 | Forrest Jones & Kathleen Walter
    The United States economy never really emerged from the recession that began in 2008 and is possibly headed for a more chronic depression, and the prognosis for recovery doesn't look good, especially in 2013, says international investor Jim Rogers. President Barack Obama has tried to spend the economy back into recovery, which never helps, Rogers told Newsmax.TV in an exclusive interview. (snip) "In America we have had recessions every four to six years since the beginning of the Republic. So by 2012 or 2013, we're going to have another one, and it's going to be much, much worse. Whether that's...
  • Jim Rogers vs. Marc Faber, Dog Fight Breaks Out in Asia

    12/07/2011 3:23:35 AM PST · by TigerLikesRooster · 3 replies
    Beacon Equity Research ^ | 12/02/11 | Dominique de Kevelioc de Bailleul
    Jim Rogers vs. Marc Faber, Dog Fight Breaks Out in Asia Posted by Dominique de Kevelioc de Bailleul on Dec 02, 2011 | 2 comments The dog fight between Thailand’s Marc Faber and Singapore’s Jim Rogers is on. The point of contention is: Which way will commodities prices go now that China’s bubble economy appears to be headed for some sort of economic slowdown, contraction or crash? Sign-up for my 100% FREE Alerts! “Well if we define a bubble as a period of excessive growth and artificially low interest rates, then China had a huge bubble,” Faber told King World...
  • Jim Rogers on Europe: It’s Time for a Painful Solution (Video)

    12/06/2011 7:10:11 AM PST · by Hojczyk · 1 replies
    Yahoo Finance ^ | December 6,2011 | Jeff Macke
    Given Rogers' longstanding disdain for Central Banks, what should happen and what will happen this week are entirely different things. "We're going to let the banks who made mistakes go bankrupt, we're going to let Greece go bankrupt, we're going to take massive losses, we're going to ring-fence the system and start over," says Rogers in the attached video clip. "That would be a solution to the problem." Having laid out his wish list, Rogers quickly dispensed with the notion any such ueber-austerity is in the cards. "Is it going to happen? No. (Europe) is going to do something which...
  • Jim Rogers Is Bullish On All Commodities, But There's Only One Sector He Would Buy Right Now

    09/26/2011 9:49:58 AM PDT · by SeekAndFind · 16 replies
    Business Insider ^ | 09/26/2011 | Gus Lubin
    Jim Rogers is a long-term bull on commodities based on scarcity in a growing world. Silver and gold "will both go much higher over the next few years," he tells Economic Times. Oil prices will recover as "known quantities of crude continue to decline." Sugar is going to "at least double or triple before this all is over." But there's only one sector he would buy right now: I am thinking about buying agriculture right now. I am not thinking about buying base metals or gold or oil right now, but I am thinking of buying agriculture maybe this afternoon....
  • I Am Jim Rogers And I Support Ron Paul

    08/28/2011 9:07:43 AM PDT · by PhilipFreneau · 83 replies
    Zero Hedge ^ | 8/27/2011 | Tyler Durden
    Ron Paul has another illustrious supporter - Jim Rogers. The Quantum fund co-founder, who has been spot on about pretty much everything for the past 3 years. . . . . . "In this election if Ron Paul gets anywhere near the nomination I would certainly support him. He is the only one that I've seen in American politics that seems to have a clue about what's going on." Zero Hedge agrees on all counts.
  • Jim Rogers: Don't See How US Can Ever Pay Off Debts

    08/07/2011 7:45:15 PM PDT · by TigerLikesRooster · 61 replies
    CNBC ^ | 08/07/11 | Deepanshu Bagchee
    Jim Rogers: Don't See How US Can Ever Pay Off Debts Published: Sunday, 7 Aug 2011 | 9:51 PM ET By: Deepanshu Bagchee The U.S. doesn't deserve a AA-plus credit rating, much less triple-A, commodity bull and noted investor Jim Rogers told CNBC on Monday. Getty Images Rogers said the country was unlikely to be able to pay off its debt and Standard and Poor's rating cut had come too late and should have happened long ago. "It seems to me it's physically, humanly impossible for the U.S. to ever pay off its debt," Rogers said. "They can roll it...
  • Billionaire Jim Rogers calls for Obama's resignation over economy (Predicts violence & rioting)

    06/27/2011 11:12:00 PM PDT · by 2ndDivisionVet · 27 replies · 1+ views
    The Examiner ^ | June 26, 2011 | Kenneth Schortgen, Jr.
    Billionaire and investor Jim Rogers late this week called for the resignation of President Obama on the grounds that the administrations failure to cut spending, and halt skyrocketing inflation, will lead to violence and rioting in America, similar to what has been taking place in Greece, and other parts of Europe. Investment guru Jim Rogers says President Barack Obama should resign — and warns that inflation will only continue to soar, putting the United States at risk of the same civil unrest that has struck Greece. Rogers says that what Obama “should do is take an ax — no, not...
  • Jim Rogers: Dollar Is Doomed, Own Real Assets (Video)

    06/13/2011 11:03:03 AM PDT · by Hojczyk · 15 replies
    Yahoo Finance ^ | June 13, 2011 | Jeff Macke
    When it comes to the U.S. Dollar Jim Rogers is "incredibly pessimistic about the long term, or even the intermediate term future." He's also long the dollar and feels there are "plenty of reasons that the U.S. dollar could rally." How can he reconcile the two? Easy: he's a trader. The legendary investor and author of multiple books on trading, global economics and even advice for his children isn't one to mince words nor hedge an opinion. He's both blunt and clear about his feeling that printing endless money will end in tears for the greenback. He just doesn't seem...
  • JIM ROGERS ON COMMODITIES: The Bull Market Will Go Up, Consolidate, then Go Up, For Years

    05/08/2011 2:24:13 PM PDT · by SeekAndFind · 26 replies
    Business Insider ^ | 05/07/2011 | Gus Lubin
    Jim Rogers didn't buy or sell anything during last week's commodity sell-off. He says he isn't good at market timing. What he does believe is that we're in the middle of a commodity bull market where everything will go up for years. Rogers tells the Economic Times: "5% correction in gold is meaningless. These things correct 10-15-20-30% every year. Nothing unusual about that. That is the way the markets work. I do not see anything unusual. I expect there would be more correction during the course of the bull market. I hope that the bull market goes up, consolidates, goes...
  • Jim Rogers/Asian Financial Forum (World Commodities fundamenals enhanced)

    01/24/2009 7:38:14 PM PST · by sickoflibs · 51 replies · 1,617+ views
    youtube/JimRogers Channel ^ | 1/21/09 | sickoflibs/Jim Rogers
    “If you go back in history whenever we have had periods of forced liquidation like we are having now, periods that only have happened nine or ten times every 100 or 150 years, people have had to sell everything without regards to the fundamentals. The way you make money historically in times like this is you find the fundamentals that are unimpaired and that’s what you buy.” “The fundamentals of General Motors are impaired. The fundamentals of City Bank are impaired by what is happening. The fundamentals of most industries of the world are very impaired. The only thing I...
  • Jim Rogers Concerned by Silver's 'Parabolic' Rise

    04/30/2011 4:03:26 PM PDT · by TigerLikesRooster · 19 replies · 1+ views
    CNBC ^ | 04/27/11 | Antonia van de Velde
    Jim Rogers Concerned by Silver's 'Parabolic' Rise Published: Wednesday, 27 Apr 2011 | 7:11 AM ET By: Antonia van de Velde CNBC Associate Web Producer With silver near multi-year highs, famous commodities bull Jim Rogers warned silver prices could become dangerous if they rose even further to “parabolic” levels, telling The Times of India he is keen to buy more, but would sell if the price rose too fast. Silver futures surged to a multi-year high of $49.45 per ounce on Monday, but on Tuesday the May silver contract recorded its largest one-day fall in a month. Silver steadied somewhat...
  • Jim Rogers: Here’s My ‘Heads I Win, Tails You Lose’ Portfolio

    03/25/2011 6:46:48 AM PDT · by SeekAndFind · 5 replies
    Wall Street Cheat Sheet ^ | 03/25/2011 | Damien Hoffman
    Now that commodities (NYSE:DBC) are in focus, I reached out to my friend Jim Rogers to get his insights into where the commodities rally is headed. As usual, Jim had some great nuggets of wisdom: Damien Hoffman: Jim, what’s going on with food commodities (NYSE:DBA)? Jim Rogers: I’ve been trying to explain to people for a long time what’s going on, but for some reason nobody listens. Normally at this stage of the commodity bull market you would expect new capacity to be coming on stream. The problem of course is that in 2008 and 2009 everybody got hit. So,...
  • How to profit during monetary crises, according to Jim Rogers

    02/09/2011 7:28:33 AM PST · by dennisw · 20 replies
    investmentpostcards ^ | 2 7 2001 | Jim Rogers
    In this video clip, investor Jim Rogers sits down with Judge Andrew Napolitano to discuss profit strategies during monetary crises.Rogers said: “… what you have to do is you have to find things that will protect your assets real assets silver rice natural gas something that will hold its value in an inflationary time … I do it two ways: I own gold and silver coins in my hand in my house in my box; I also own gold and silver futures that’s another way to do it.”He also commented Fed as follows: “Bernanke, he does not understand finance, economics...
  • Oil to exceed $150 a barrel, ‘probably go over’ $200 warns investor (Video)

    01/20/2011 10:31:22 AM PST · by Rufus2007 · 31 replies
    The Daily Caller ^ | January 20, 2011 | Jeff Poor
    Oil has been steadily on the rise since the beginning of 2009. But could it reach mid-2008 levels or climb higher still? Jim Rogers, an American investor who co-founded the Quantum Fund with George Soros, told the BBC’s Justin Rowlatt on Wednesday the prices are certain to exceed those levels. “Well, the surprise is going to be how high the price of oil stays and how high it goes, because Justin [Rowlatt] we have had no major elephant [field] oil discoveries in over 40 years,” Rogers said. “The International Energy Agency is going around the world pleading with people to...
  • Jim Rogers: 'Britain is totally insolvent'

    12/07/2010 9:14:53 PM PST · by TigerLikesRooster · 24 replies
    thisismoney ^ | 12/07/10 | Andrew Oxlade
    Jim Rogers: 'Britain is totally insolvent' By Andrew Oxlade 7 December 2010, 6:26pm US speculator Jim Rogers is known for his outspoken views but today went further than usual suggesting Britain is 'totally insolvent'. In an interview on business TV channel CNBC, Rogers, who made his name making millions while partnered with legendary financier George Soros, suggested Britain was the true sick man of Europe. He said: 'Greece is insolvent, Portugal has a liquidity problem, Spain has a liquidity problem, Belgium has been cooking the books for a long time, Italy has been cooking the books for a long time...
  • Jim Rogers: Bond Market Bubble Headed for Disaster

    07/01/2010 9:10:41 AM PDT · by TigerLikesRooster · 23 replies
    Money News ^ | 07/01/10 | Julie Crawshaw
    Jim Rogers: Bond Market Bubble Headed for Disaster Thursday, 01 Jul 2010 08:33 AM By: Julie Crawshaw The bond market is a bubble ready to burst because central banks have flooded the world with cash and harmed the world economy, says investing guru Jim Rogers. "I'm watching the bond market, I have no longs and no shorts," Rogers told CNBC. "It is a bubble which is developing; it's one of the few bubbles in the world which is developing." "I think it's going to be a disaster and I plan to be selling them short sometime in the foreseeable future,"...
  • FOOD SHORTAGE COMING AS FARMERS STRUGGLE

    01/18/2010 8:10:50 PM PST · by Comrade Brother Abu Bubba · 121 replies · 1,717+ views
    Moneynews ^ | January 18, 2010 | Dan Weil
    Legendary investor Jim Rogers remains bullish on commodities and says the world will soon face food shortages. "The fundamentals (for agriculture) have gotten better," he says. "The inventories are now at the lowest they've been in decades, not in years.” And that trend is just intensifying, Rogers tells CNBC. “ Things are getting worse. Many farmers can’t get loans to buy fertilizer now, even though we have big shortages developing " And what will be the end result of this dynamic? "Sometime in the next few years we're going to have very serious shortages of food everywhere in the world,...
  • Jim Rogers: Brace Yourself For Food Shortages, Thanks To The Banks Hoarding Cash

    01/15/2010 9:21:42 AM PST · by FromLori · 71 replies · 3,189+ views
    The Business Insider ^ | 1/15/10 | Vincent Fernando
    Jim Rogers is sounding the alarm -- buy agricultural commodities ahead of the riots. The financial crisis has cut off investment in agriculture, with many farmers unable to get loans for fertilizer according to Mr. Rogers. Of course, this means agricultural commodities will make a killing: CNBC: "Sometimes in the next few years we're going to have very serious shortages of food everywhere in the world and prices are going to go through the roof." Cotton and coffee are good buys because they are very distressed, while sugar, despite the fact that it has gone up a lot, is still...
  • MARKET GURU JIM ROGERS COMPARES GOVERNMENT SPENDING TO TIGER WOOD'S GIRLFRIENDS

    12/12/2009 6:50:30 PM PST · by TheFreedomPoster · 3 replies · 552+ views
    THE FREEDOM POST ^ | December 12, 2009 | Matthew Burke
    Famous and outspoken investment guru, Jim Rogers, was interviewed by CNBC's Maria Bartiromo on December 10, 2009, and gave two big thumbs down to the Obama administration, the Federal Reserve, and the Treasury Department's handling of the U.S. economy. Specifically, Rogers referred to the Obama doctrine that contends we must "spend our way out of the recession." The interview took place against the backdrop of Tax-Cheat Treasury Secretary Timothy Geithner's announcement that TARP would be extended into next year. Below are a few of Roger's gems (the Tiger Woods quote is a classic), as well as the VIDEO of the...
  • Jim Rogers: How Could Gold Be A Bubble If Nobody Even Owns It Yet?

    12/11/2009 9:44:13 AM PST · by FromLori · 19 replies · 1,119+ views
    The Business Insider ^ | 12/11/09 | Joe Weisenthal
    But silver is where the real opportunity lies. Jim Rogers has been doing the media rounds lately, and yesterday evening he showed up on CNBC talking to Maria Bartiromo. He remains -- not surprisingly at all -- bullish on gold and silver. CNBC: With central banks now buying gold and many people worried about paper money, gold will be a great investment over the next decade and relatively few people are invested in it, he said. At a speech in Prague Rogers surveyed about 300 people, including big money managers, and 76 percent had never owned gold, he said. "So...
  • The Fed should be dissolved Jim Rogers

    11/06/2009 7:16:32 AM PST · by FromLori · 18 replies · 471+ views
    Video Jim Rogers, chairman, Rogers Holdings, says that the US is the biggest debtor nation in the world
  • Jim Rogers On The Next Ten Years

    10/17/2009 11:38:54 AM PDT · by blam · 54 replies · 2,053+ views
    Seeking Alpha ^ | 10-17-2009 | Heather Bell
    Jim Rogers On The Next Ten Years By Heather BellOctober 17,2009 I’m moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers Thursday. Now don’t get me wrong―Mr. Commodities wasn’t all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn’t sugarcoat things―he’s very matter-of-fact about his concerns and projections for the future. And most of them don’t bode well for the U.S. I’ll be posting an interview with Jim Rogers on the site in the coming week, but for...
  • 'We're Going to Have Zombie Capitalism for the Next 15-20 Years,' says Jim Rogers

    09/16/2009 6:28:56 AM PDT · by ex-Texan · 86 replies · 3,295+ views
    Business Intelligence - Middle East ^ | 9/14/2009 | BI-ME staff
    INTERNATIONAL. Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers said the Fed and the US Treasury should have let 10 banks fail, not just Lehman Brothers, for the financial system to clean itself up. Speaking to CNBC Wordwide Exchange today Rogers said "All the government officials and bureaucrats loved the fact Lehman failed, because they could all jump in and support banks." "This whole problem was not caused by Lehman Brothers or Lehman Brothers failure. Lehman was an effect not a cause." "The real problem over the past 10-15 years has been that regulators have not...
  • Jim Rogers: We Need More Lehmans

    09/10/2009 8:43:44 AM PDT · by george76 · 7 replies · 787+ views
    the Financial Times ^ | Sep. 10, 2009 | John Carney
    "Letting Lehman fail was perhaps the only thing governments have done right during this whole drama,". Rogers argues that the government's actions to rescue Long Term Capital Management ten years ago created systemic risk based on the assumption that the government would ride to the rescue. "Had the central bank allowed the failure of Long Term Capital Management to run its course, Lehman, Bear Stearns, et al would still be here,"
  • Jim Rogers and George Soros both betting big on this commodity

    06/16/2009 2:54:51 PM PDT · by sdw2009 · 22 replies · 1,063+ views
    Falling commodity prices aren't bringing prices for farmland down with them. Even as the price of grain goes down...
  • Fund Managers can become farmers: Jim Rogers

    06/05/2009 8:10:02 PM PDT · by John123 · 11 replies · 788+ views
    The Economic Times ^ | 4 Jun 2009 | ET Bureau
    Even if you are outright bearish, don't short the market. Stocks could touch crazy levels, but they may be in currencies which are worthless. Indeed, a sovereign default and currency turmoil could rattle world markets in a year or two. In a chat with ET, global investor Jim Rogers says cotton, silver and sugar can be hot picks. Read on.
  • Rogers Commodity ETNs Halt Issuing Of New Shares

    04/30/2009 8:59:26 PM PDT · by george76 · 3 replies · 375+ views
    yahoo ^ | April 1, 2009 | Murray Coleman
    One of the most popular issuers of exchange-traded notes has stopped selling new shares after telling U.S. regulators it plans to restate earnings going back to 2006. The Swedish Export Credit Corp., which goes by the acronym SEK and underwrites ETNs with more than $411.3 million in assets, suspended issuance of shares in seven of its products on Tuesday. The firm's ETN lineup is dominated by its series that tracks different benchmarks designed by famed commodities manager Jim Rogers. A note on the Web site that markets the ETNs under the Elements brand name on Wednesday said that the company...
  • Commodities to return: Rogers

    04/21/2009 2:53:58 AM PDT · by TigerLikesRooster · 17 replies · 856+ views
    JoongAng Daily ^ | 04/21/09 | Lee Hee-sung
    Commodities to return: Rogers ‘The world’s food reserves are [low,] so higher prices will occur.’ April 21, 2009 Jim Rogers The global commodities market is about to make a comeback after years of price declines, which have devastated the food and metal markets around the world, according to billionaire American investor Jim Rogers. Rogers, in an e-mail interview with the JoongAng Ilbo from Singapore, where he has recently moved to teach his children Chinese, stressed now is time for investors to return to commodities, and warned them to stay away from U.S. currency. He emphasized that some of the world’s...
  • Gordon Brown and Obama, Insane. Jim Rogers.

    03/25/2009 3:00:49 PM PDT · by Leisler · 22 replies · 816+ views
    Chanel 4, BBC ^ | 03 Mar 2009 | Faisal Islam
    Jim Rogers, the co-founder of the hedge fund, the Quantum Fund, talks to Faisal Islam about the world economic downturn. Rescue plan 'ludicrous and insane' Speaking exclusively to Channel 4 News, Jim Rogers says politicians could be leading us into another Great Depression. One of the world's leading financiers has called the economic rescue plans being put forward by Gordon Brown and President Obama, ludicrous and insane. He has been called a Wall Street legend for his investment nous. Now he sees a fundamental shift of power from the west to east. Our economics correspondent Faisal Islam reports.
  • Jim Rogers Says Prepare for Riots (video)

    03/04/2009 7:40:36 PM PST · by nysuperdoodle · 23 replies · 2,389+ views
    Evil Conservative Radio ^ | 04 March 09 | EC
    Jim Rogers co-founded the Quantum Fund. During the first 10 years the portfolio gained 4200% while the S&P advanced about 47%. He's no flake. He says we're in deep doodoo. Could it be that this is exactly what Obama wants...a total breakdown of our economy and society?
  • Jim Rogers on Fox Business Channel(Rips new Treasury Secretary Geithner)

    02/13/2009 9:11:37 PM PST · by sickoflibs · 86 replies · 2,750+ views
    youtube/JimRogers Channel/Fox News Business ^ | February 12, 2009 | sickoflibs/Jim Rogers
    “We are on the hook for trillions of dollars for all these people that Geithner keeps bailing out: AIG , Fannie Mae Freddy Mac. I would have let them go bankrupt. That’s the way the world is supposed to work. When people fail they’re supposed to fail. It’s not supposed to have bureaucrats like Mr Geithner step in and put up trillions of taxpayer money in order to save his friends. You know they are all driving their Lanbridinis and he’s supporting them instead of worrying about the taxpayers.” “Geithner is the wrong guy for the job. he’s been around...
  • Sterling's finished, says Soros partner as the pound plunges to new low

    01/20/2009 2:55:12 PM PST · by rightwingintelligentsia · 26 replies · 1,284+ views
    Daily Mail ^ | January 20, 2009 | Nicola Boden and Bill Condie
    Sterling plunged to a seven-year low against the dollar today as one of the world's top investors warned the currency was 'finished'. The pound fell more than two cents to hit a low of $1.3965 as traders reacted to the Government's latest multi billion-pound bailout of the banking system. It is the first time sterling has dropped below $1.40 since mid-2001 and is on track for its biggest one-day percentage fall against the dollar since late 1992. Less than a year ago, it was still trading at $2. Today, it was also down against the euro and the Japanese yen....
  • Jim Rogers: US creditor nations to shun Treasuries

    01/12/2009 12:21:04 PM PST · by rabscuttle385 · 78 replies · 2,245+ views
    Reuters ^ | 2009-01-12 | Dan Burns & Jennifer Ablan
    NEW YORK, Jan 12 (Reuters) - Jim Rogers, a prominent international investor, on Monday predicted that many creditor nations could start shunning U.S. assets, particularly Treasuries, as the economic crisis lingers on. "If I were the Chinese, I wouldn't buy another single U.S. government bond," said Rogers, who was speaking by teleconference in an interview with Reuters. "I can't imagine anybody is going to give the U.S. government money for 30 years at 2.5 percent or even 4 percent or 4.5 percent. It's mind boggling to me."
  • Jim Rogers calls most big U.S. banks "bankrupt"

    12/12/2008 10:56:27 PM PST · by Lorianne · 21 replies · 1,034+ views
    Reuters ^ | Dec 11, 2008 | Jonathan Stempel
    Jim Rogers, one of the world's most prominent international investors, on Thursday called most of the largest U.S. banks "totally bankrupt," and said government efforts to fix the sector are wrongheaded. Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government's $700 billion rescue package for the sector doesn't address how banks manage their balance sheets, and instead rewards weaker lenders with new capital. Dozens of banks have won infusions from the Troubled Asset Relief Program created in early October, just after the Sept 15 bankruptcy filing by...
  • Jim Rogers calls most big U.S. banks "bankrupt"

    12/11/2008 6:03:58 PM PST · by rabscuttle385 · 86 replies · 2,711+ views
    Reuters ^ | 2008-12-11 | Jonathan Stempel
    NEW YORK (Reuters) - Jim Rogers, one of the world's most prominent international investors, on Thursday called most of the largest U.S. banks "totally bankrupt," and said government efforts to fix the sector are wrongheaded. Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government's $700 billion rescue package for the sector doesn't address how banks manage their balance sheets, and instead rewards weaker lenders with new capital. Dozens of banks have won infusions from the Troubled Asset Relief Program created in early October, just after the Sept...
  • The Anti-Krugman: Rogers Says Let Banks Fail

    11/25/2008 7:12:28 AM PST · by governsleastgovernsbest · 7 replies · 523+ views
    NewsBusters ^ | Mark Finkelstein
    Paul Krugman has been making the rounds of the network morning shows, urging the government to "go big" in spending to revive the economy. His only concern is that Obama might not be planning to spend enough. Heck, as he explained to Kate Snow at GMA, even FDR wasn't a big enough spender in his book. View a clip of Krugman's weekend GMA appearance here, the episode in which, as discussed here, Krugman of all people had to talk Kate Snow down from her fantasy of Obama "forcing" the Bush administration to adopt his policies. None of the network shows...