Wednesday, November 24, 2021

Jim Rogers: Next bear market will be 'the worst in my lifetime', here are three keys to survive

Famed investor Jim Rogers has seen quite a few bear markets in the last half-century, but he fears the biggest one yet could be right around the corner.

“The next bear market will be the worst in my lifetime,” he predicted in an interview with financial advisory firm Wealthion last month.

To be sure, Rogers has been bearish on the U.S. stock market for years. But the multimillionaire does know a thing or two about making money in turbulent times.

Rogers co-founded the Quantum Fund with George Soros in 1973 — right in the middle of a devastating bear market. From then till 1980, the portfolio returned 4,200 per cent while the S&P 500 rose 47 per cent.

Here are three assets he recommends keeping in your portfolio to ride out a coming crash — even if you’re just sprinkling some of your spare change on them.

Rogers has long been a fan of commodities, and silver is one of his favourites.

“The all-time high for silver is $50 an ounce; now it’s $23. Why can’t silver go back to its all-time high? That’s the way markets usually work,” he says.

Investors love silver because it can be a store of value and a hedge against rising interest rates and inflation.

At the same time, it’s widely used as an industrial metal. For instance, silver is a critical component in solar panels. So with increasing solar adoption, demand for the grey metal could get another boost.

Rising prices benefit miners, so some of the easiest ways to play a looming silver boom are through companies like Wheaton Precious Metals, Pan American Silver and Coeur Mining. You can even build positions using digital nickles and dimes...

- Source, Financial Post, read the full article here

Friday, November 19, 2021

Jim Rogers: Adventure Capitalism in 2021, Bitcoin, and Trump

Wondering what’s the value of USA citizenship in 2021 and which markets are disastrous nowadays? 

Find the answers in this video as Andrew interviews Jim Rogers, an ''Adventure capitalist,'' American investor, financial commentator, and author of best-selling books. 

Watch as they discuss Jim's journey from Alabama to Singapore, the future of the USA, and why he regrets not buying Bitcoin.

Saturday, October 30, 2021

Jim Rogers: Inflation Will Cause a Commodity Bull Market

In this short clip I tlak with Jim Rogers about where he is investing his money. Commodities (Oil, Agriculture, Steel, etc.) is the place where investors should look due to inflation!

Wednesday, September 29, 2021

The Principal Points of Markets & Life with Jim Rogers

Jim Rogers joins Kim and Lucas to discuss the current market, his time on Wall Street, and his first-hand experience of finance around the world, which he documented in his book 'Investment Biker: Around the World with Jim Rogers'.

Wednesday, September 22, 2021

Jim Rogers: Crisis & Opportunity Are the Same Thing

Welcome to The Business Method Podcast listeners and today do we have a treat for you. One of the most iconic investors & entrepreneurs in modern history is joining us on the podcast. 

Jim Rogers is his name & we actually had him on the show a few years ago & are fortunate enough to get him back for another episode. 

If you don’t know who Jim is I suggest you Google him right now & you will start to see why I am so excited to chat with him again. 

Jim is one of the most seasoned international investors on the planet & I’ll give you a brief outline to give you an idea about his expertise.

- Source, Chris Reynolds

Friday, September 17, 2021

Deepening opening-up gives Chinese market better prospects: Jim Rogers

In the rapidly changing financial market, perhaps only one thing is certain - differences of opinion. Every day there are people buying and some others selling no matter what the market is. Last week, a split erupted between some of the world's most prominent investors on the Chinese market, I don't know who will be proved right in the end, but I am optimistic about China's prospects.

For starters, judging from current situation within the international financial market, excessive debt is forming risks worse than the brutal COVID-19 pandemic, but China has shown more restraint, making Chinese financial assets less dangerous for investing.

Taking a lead from the US Federal Reserve, many central banks in the world have been printing huge amounts of money to stimulate their debt-laden economies, which at the same time blows up bubbles in stock, property, and bond markets. Throughout history, excessive debt always leads to problems eventually. In 2008, we had a problem in the equity markets because of too much debt, but the debt level of the world is much higher now than it was then.

In 2009, China helped save the world economy more than any other country because it had a lot of money saved for a rainy day. As the US has become the largest debtor nation in the history of the world, China, which has been taking more prudent monetary policies and managed economic recovery less badly after put the epidemic under control, for me is a less bad place to invest right now.

Second, China's more than four decades opening-up is great for both China's and the global economy. As a foreign investor participating in the Chinese market for decades, an impressive thing I witnessed is that China has been opening its stock market. As China continues expanding opening-up especially for its financial sector, it is getting increasingly easier for international investors to invest in the market. For foreign investors who are interested, now there are a variety of options from shares through Hong Kong and its stock market to Chinese bonds and Chinese currencies.

Now the US has started to close off. It's a worrying trend because opening markets and opening societies have always been good throughout history. Closing off trade has never been good so let's hope China does not follow the US and continues opening. The more open the world is to international trade, including chips trade, the better off for all economies. The US in its history has copied many things from Europe and Japan.

American companies are not doing as well as many expected in sectors like 5G. The US is using politics to help to solve an economic problem, which is not the way the world is supposed to work. Can China outperform the US in technology competition? Maybe not today, but China trains thousands of engineers every year, many more than the US does. China is going to continue to make great strides and make great progress. The US will have problems competing in some areas, just like China will have some problems competing in some areas, but open markets will be better for the world.

Third, I've seen enormous positive changes in China and I expect to see more. Recently, there are different opinions on China's regulatory moves in its tech and other sectors in the West. But I agree with some of the things China had done. For instance, about 10 years ago, many companies in China were opening up internet loans that were not being checked. There were so many companies selling unregulated credit over the internet. I'm glad China has tightened regulation on the sector. It was a disaster waiting to happen. There still may be problems to come so I hope the controls work.

- Source, Global Times, read the full article here

Wednesday, September 1, 2021

Jim Rogers sees threat of horrible bear market in 2022

Bonds are in a bubble everywhere. Many stocks have started to form a bubble. Property in Korea, New Zealand and many places are in a bubble. But commodities are still cheap, says Jim Rogers, investment guru and author of Street Smarts: Adventures on the Road in the Market.