The Global Financial System is Headed for Collapse

The global financial system and economy aren't in good shape at all are are poised to implode, says international investor Jim Rogers, chairman of Rogers Holdings.

"Eventually, the whole world will collapse," he told CBC (Canadian Broadcasting Corp.). We in the West have staggering debts. The U.S. is the largest debtor nation in the history of the world."

Central bank easing is artificially propping up global economies now, Rogers says. "This isn't going to last. When it ends, the bull market in commodities will probably end too, but the bull market in a lot of stuff will end."

The United States has financial crises every four to six years, and their severity is dependent on the country's debt burden at the time, Rogers says.

"[The one in] 2008 was worse than 2002 because debt was so much higher," he said. "Wait until 2015 or 2016: debt has gone through the roof. The next one is going to be very bad."

In the meantime, Rogers remains bullish on commodities, despite their recent decline. "It's mainly because of continued growth in demand and supply constraints," he said. In particular, Rogers likes agricultural commodities, especially sugar, and natural gas.

He says that commodities are just in a correction now. Some experts think that correction will last longer.

"It’s likely that the trend will hold through the end of the year," Michael Cuggino, a fund manager at Permanent Portfolio Family of Funds, told Bloomberg.

"Investors see anemic or slowing economic growth in the world’s mature and emerging-market economies, while there’s more supply on hand. That translates to lower prices."

- Source, Money News:

http://www.moneynews.com/StreetTalk/Jim-Rogers-financial-system-collapse/2013/12/09/id/540758

Nobody Ever Wins in a Trade War

The first thing you need to know is that 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.

- Source, Jim Rogers via Birch Gold Group:

http://www.birchgold.com/jim-rogers-interview-qe-currency-gold-inflation/

Do Not Sell Your Crude

There is excess supply in the crude market at the moment because of the Shale boom in the US. I am not sure how much long that is going to last because those wells are very short lived.

But, at the moment there is a glut and we could very well see lower prices. However, do not sell your crude. If prices go down there will first be a cut back on the Shale. Shale has to have high prices in order to bring it to market and secondly oil is going to go much higher over the decade. Other known reserves are in decline, every other country in the world has declining reserves. This is a temporary thing.

- Jim Rogers via the Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

Jim Rogers - Do Your Homework

I do know that I have learned over the years, always, when nearly everybody is thinking the same way that means somebody’s not thinking that means we got to start thinking about it and see if there’s not another way, another approach. Because if everybody says the sky is blue, I at least urge you to go and look out the window and see if it’s blue because I have found that most people won’t even bother to look out the window. If they see on the television or in the newspaper or something that everybody says the sky is blue, I at least urge them to look out the window. I find that most people don’t want to do their homework, that’s the first problem that many people have, is just doing simple homework.

- Source, Birch Gold Group:

http://www.birchgold.com/jim-rogers-interview-qe-currency-gold-inflation/

QE, Currency Wars, Inflation and Gold

“…if everybody says the sky is blue, I at least urge you to go and look out the window and see if it’s blue because I have found that most people won’t even bother to look out the window…”

- Source, Birch Gold Group:

http://www.birchgold.com/jim-rogers-interview-qe-currency-gold-inflation/

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.

- Source, Russia Today:

www.rt.com

Be Worried and Get Prepared for 2014

"You saw what happened in 2008-2009, which was worse than the previous economic setback because the debt was so much higher. Well now the debt is staggeringly much higher, and so the next economic problem, whenever it happens and whatever causes it, is going to be worse than in the past, because we have these unbelievable levels of debt, and unbelievable levels of money printing all over the world. Be worried and get prepared. Now it [a collapse] may not happen until 2016 or something, I have no idea when it’s going to happen, but when it comes, be careful."

- Source Jim Rogers

Everybody Knew I was Nuts Back in Those Days!

I went on television quite a lot in those days saying it’s crazy. And I was on CNBC and I explained that I was short Fannie Mae and had been short Fannie Mae and Fannie Mae finally started to collapse. And the lady said to me, “Well it’s your fault that Fannie Mae is going down, it’s the short sellers that are causing problems with Fannie Mae.” And I explained to her, “Listen lady, if you really think that short sellers are making Fannie Mae collapse, you better get another job, because that’s not the way the world works.” Short sellers do not make Fannie Mae go from $70 to $0, I assure you, the only thing that can make that happen is serious fundamental problems. So yes, everybody knew I was nuts back in those days!

And then, they started blaming it on me and on the short sellers, all of the problems. Nobody likes to take responsibility for their mistakes, certainly not politicians, but it was clear that first they laugh at you, then they ridicule you and say it’s your fault and blame it on you. Eventually they all say, “Oh, well we knew that. We thought of it ourselves! We knew that Fannie Mae was a fraud.” But that’s a difficult and sometimes painful process.

- Source Birch Gold Group:

http://www.birchgold.com/jim-rogers-interview-qe-currency-gold-inflation/

Buy Base Metals for Protection Against Inflation

I would rather buy base metals now than gold. Base metals are down substantially. Some of the money printing is working its way into the economy. Some of that money would go into base metals as a protection against inflation. I would much rather buy base metals than precious metals.

- Jim Rogers via the Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

All Bull Markets Have Periods of Correction

“Commodities have pulled back, but I would remind you that in all bull markets there are periods of correction. In 1987 – during the great bull market in stocks – stocks went down 40 to 80 per cent around the world; again in 1989, 1990, 1994, etc. Every time people said the bull market’s over, but it wasn’t. I think that’s what’s happening with commodities now.”

- Jim Rogers

Eventually the Whole World is Going to Collapse

“Eventually, the whole world is going to collapse. We in the West have staggering debts. The United States is the largest debtor nation in the history of the world. This is going to end badly. We are all floating around on a sea of artificial liquidity right now. This is not going to last.”

- Jim Rogers

India is Doing it's Best to Kill the Gold Market

I am not buying gold. I own gold. I have owned gold for many years. Part of the reason that I am not buying now is that gold went up for 12 years in a row, which is extremely unusual for any asset.

I suspect that the consolidation or correction in the gold market is going to be an anomaly as well. India is doing its best to kill the gold market. India is trying to make sure that Indians do not buy or import any more gold. They (Indian government) is trying to figure out what will make Indians sell gold. While the Indian politicians are fooling around with the gold market (that is another reason that I am not buying), if gold goes down under $1000, I hope I am smart enough to buy a lot more.

- Source, Jim Rogers via the Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

Not Optimistic About India

I am not very optimistic about India. It is a wonderful country but has not been managed very well for decades. There is always money being printing around the world and some of it is going to slosh into India. Some of it is already sloshing in, but as far as the economy is concerned, India needs new politicians.

- Source, Jim Rogers via the Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

Central Banks Are Making a Terrible Mistake

Market Will Eventually Force the FED to Taper

If and when the Federal Reserve stops or even slows down printing money, and other banks also slow down, I do not think the Japanese will slow down. Maybe the English and the European banks will. There will be a moderating affect on markets because that is where most of the money has gone.

I am not sure it (Fed slowing down money printing) is going to happen. Firstly, Bernanke will not do it while he is here (Fed Chairman) because he does not want to go out with an egg on his face. Secondly, Ms Yellen is coming in. I doubt if she is going to do it at first anyway because, a) she is keen on printing money and b) she knows what will happen when they start slowing down. So she is not going to do it anytime soon. If they do start slowing down, the markets are going to react and they (Fed) will panic and come back and say, "oh we are sorry". So, I do not see much tapering anytime soon.

The market eventually will force them (Fed) to cut back. Eventually, the market is going to say, "we do not want this garbage paper anymore, we do not want to play this game anymore". But, I do not see that happening anytime soon.

- Source, Jim Rogers via the Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

Jim Rogers Interview on Commodities and Global Stocks

Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy for global stocks and commodities. Gold advanced, approaching a record, as tensions in the Middle East boosted oil prices, increasing demand for precious metals as a protector of wealth and hedge against inflation. Rogers also discusses his strategy for the U.S. dollar.

- Source, Bloomberg TV:

http://www.bloomberg.com/video/67100110-jim-rogers-interview-on-commodities-global-stocks.html

Doug Casey & Jim Rogers Legendary Investors Roundtable

Jason Burack of Wall St for Main St hosted Wall St for Main St's first Legendary Investor's Round Table with Doug Casey and Jim Rogers.

During this 50+ minute discussion, which listeners will not find anywhere else on the internet, Jim and Doug discuss today's world economic and financial situation within the context of financial history and past financial panics. Similarities to the past from other financial panics throughout history are discussed along with the US' similarities to the Roman Empire, British Empire and Soviet Union.

Jim and Doug talk about central planning, central banking, big government and how governments have only 3 real options to raise money.

Next, Jason asks Doug and Jim about competing currencies like Bitcoin, gold and silver and whether they will be allowed under any circumstance. Jason also asks Doug and Jim if the SDR will be implemented and if people will allow a one world currency.

Jason asks Jim and Doug about the turmoil in the currency and bonds markets.

Doug and Jim also talk about commodities like farmland, cattle, gold and other natural resource investing opportunities.
Finally, Jason asks Jim and Doug why does banking and finance make so much more money than other industries and is this sustainable?

Jim Rogers was in Singapore and Doug Casey was in Argentina. We apologize for the audio going in and out sometimes and Jim Rogers was also on his exercise bike during the entire interview. We are grateful for his time on an exercise bike or not.

- Source, Wall St for Main St:

http://www.wallstformainst.com/

US is Exceptional...It's the Largest Debt Nation in the World!

There may be progress in US over the government shutdown and debt ceiling, but it's not all good. The deal being talked about now wouldn't resolve the crisis - but rather kick the can down the road setting the scene for another budget showdown early next year.

- Source, RT:

www.rt.com

What is Jim Rogers Bullish On?

I think agriculture is going to be one of the best investments over the next few decades. The world has consumed more than it has produced for much of the last decade, so inventories are near historic lows. The average farmer is 58 in the U.S. and Australia, 66 in Japan. Old farmers are dying or retiring, and young people aren't going into agriculture. Young Americans go into PR, not agriculture. Prices have to go much higher to attract labor, management, capital or we're not going to have enough food in the long run.

- Source, Barrons:

http://online.barrons.com

Fewer and Fewer Stocks Are Going Up

Staggering amounts of money being printed has to go somewhere, and it frequently goes into financial markets. But the advance is getting narrower. Fewer and fewer big stocks are going up, which is what happened near the end of the last bubble in 1999. Now, I don't know how long this will go on, but it can't go on forever. That said, you can't really short this market either.

- Jim Rogers via Barrons:

http://online.barrons.com

This is What You MUST Buy

You must buy some things: insurance, food, even paper. The price of nearly everything is going up. We have inflation in India, China, Norway, Australia—everywhere but the U.S. Bureau of Labor Statistics.

I'm telling you they're lying. Go to a restaurant in New York, or a grocery store, and tell me that there's no inflation. [Rogers starts tapping on his laptop]. Look here: In 2001, it cost $9 to go to the top of the Empire State Building. Now it's $27 to go to the 86th floor, $44 to go to the top, and $67 to go express. The Museum of Modern Art in 2001 was $10, now it's $25. A cab from Kennedy airport to Manhattan in 2001 was $30 plus tolls. Now it starts at $52.

- Jim Rogers via a recent interview with Barrons:

http://online.barrons.com

The World is Floating in a Huge Artificial Lake of Liquidity

For the first time in recorded history, all the major central banks in the world are printing money at the same time. So, the world is floating on a huge artificial lake of liquidity. It (the liquidity) has got to go somewhere and most of it is going into markets. The world economies are not getting so much better but the markets are certainly much better because of all the money printing.

- Jim Rogers via The Economic Times:

http://articles.economictimes.indiatimes.com/2013-11-07/news/43776409_1_jim-rogers-global-markets-liquidity

Only a Crisis Can Fix the U.S Debt Problem

In an interview with WSJ's Simon Constable, famed investor Jim Rogers weighs in on what it will take to solve the U.S. debt crisis, why he's shorting U.S. tech companies, why the stimulus package was a bad idea, and the looming energy crisis.

- Source, Wall Street Journal:

http://live.wsj.com/video/rogers-only-a-crisis-can-fix-us-debt-problem/7B14FAAB-F745-4ECA-ADB4-F8D5BD0A2C96.html#!7B14FAAB-F745-4ECA-ADB4-F8D5BD0A2C96

Finance is in Decline

Jim Rogers believes the finance industry is about to slip into secular decline. That's why the famed investor advises young people to pursue careers in farming rather than in finance.

"If you've got young people who don't know what to do, I'd urge them not to get MBAs, but to get agriculture degrees," Rogers told CNBC.com.

That's because the financial commentator and author of "Street Smarts: Adventures on the Road and in the Markets" is bearish about the entire financial field.

"Finance has been good the past 30 years, but it was not good the 30 years before that, and it's happening again," Rogers said. "Finance is in decline. In the future, the center of the world will not be finance—it's going to be the producers of real goods."

- Source, CNBC

http://www.cnbc.com/id/101087391

India is a Mess

“In 1980, India was much, much more successful than China. Since then, China’s run circles around them. Did you do it to India, did I do it to India? No. The Indians did it to themselves. [They’re] full of bureaucracy, full of crazy regulations and controls. Their currency’s not convertible — it’s a mess."

- Source Jim Rogers via Market Watch:

http://blogs.marketwatch.com/thetell/2013/09/24/jim-rogers-forget-india-try-myanmar-or-north-korea-for-next-em-bonanza/

The Wolf Is Now At The Door In India

Jim Rogers thinks there is a crisis coming in some emerging economies. In India, where GDP growth is at a 10-year low, Rogers thinks the "wolf is now at the door in India." On the other hand, he thinks investors need to be prepared to take advantage of the problems in China. Some of these areas include agriculture, pollution, tourism, and China's railroad system. When Chinese tourism expands "they're going to change the name of Madison Avenue to China Avenue.," he said.

- Source, Business Insider:

http://www.businessinsider.com/jim-rogers-the-wolf-is-at-the-door-in-india-2013-9

The World Knows Nothing is Fixed

Jim Rogers stopped by for an interview with RT News and talked about American exceptionalism. That’s a favorite term that is tossed around by politicians and average citizens alike. Jim Rogers agrees. We are an exceptional nation. We are the largest debtor nation in the world, and that’s what makes us exceptional. Sarcasm much Jim?

During the interview he notes that the U.S. has been can kicking its fiscal responsibility for 60 years, so the recent political circus is nothing new. With each passing year, the country slides further into debt, and Rogers warns that it will be solved one way or the other.

In the end, the compromise is already in. The brinkmanship must be played by the GOP for their base. Of course, walking away empty handed this time is sure to gin up primary challenges for a host of House and Senate members. The political miscalculations by the GOP on this fight are incalculable.

Jim Rogers in the interview says that while the supposed fix may be announced, the world knows that nothing is in fact fixed, and the only way this ends is badly. Obviously he’s not the most optimistic guy at the dinner party. But, he is right. Whatever comes out of the Senate is a band aid so we can have the exact same fight early next year.

If the two sides have not agreed on a budget since 2009, what makes everyone think they are going to see the proverbial light and start agreeing now?

- Source, Russia Today:

http://www.tradethenewsroom.com/jim-rogers-us-budgetary-can-kicking-3478

Gigantic Ocean of Liquidity

This is the first time in recorded history that we have all the major central banks, all the major governments actively debasing their currencies. Japan has said it will print unlimited amounts of money. So Ben Bernanke said, "Wait a minute, we can throw in a trillion dollars a year." And the Europeans said they'll do "whatever it takes." There's a gigantic ocean of liquidity, and the people getting that liquidity are having a wonderful time. But it's totally artificial, and it's going to end badly when it ends, I assure you.

- Jim Rogers via Barrons:

http://online.barrons.com

Asia is Vibrant

Singapore has the best of everything—great education, great health care, everything works here. It's been an astonishing success story over the past 40 years. We're very pleased here.

When I was selling my New York house, I almost backed out; I just couldn't bear the thought of leaving. But now I'm very happy here. I fly to New York and I realize I'm in a Third World airport. Then I get into a Third World taxi onto a Third World highway. The difference now just slaps me in the face. New York is a wonderful place, with the people and the vibrancy, but I can find the same vibrancy, if not more, in Asia.

- Jim Rogers via Barrons:

http://online.barrons.com/article/SB50001424053111903320604579115481762256534.html#articleTabs_article%3D1

Jim Rogers - German Elections

Jim Rogers gives his opinion on what he thinks of bankers, politicians and the German elections.

US Government Shut-Down is a Sham

It's been 17 years since the last time the US government partially ceased its work - but it's actually the 18th time in US history it's taking a so called 'spending gap'. In 1977, the government was shut down three times in as many months.

- Source, Russia Today:

http://www.rt.com

We've Been Kicking the Can for 60 Years!

There may be progress in US over the government shutdown and debt ceiling, but it's not all good. The deal being talked about now wouldn't resolve the crisis - but rather kick the can down the road setting the scene for another budget showdown early next year. For more on this RT talks to investor Jim Rogers.

- Source, Russia Today:

http://rt.com/

Not Yet Advising to Sell

Rogers is not yet advising investors to sell.

"I don't see any reason to rush out and sell stocks now, because of these artificial currents which are taking place," he said. "I'm not buying U.S. shares at the moment, but I'm not shorting either, because I am concerned this may turn into a huge bubble. So I'm sitting and watching."

So what would persuade Rogers to sell?

"If the market doubles in the next six or eight months, which it's done in the past, then I'd have to start thinking about selling short," Rogers said. But until then, "because of the uncertainty—at least in my mind—I'm not doing anything."

- Source, CNBC:

http://www.cnbc.com/id/101083671?utm_medium=referral&utm_source=t.co

Be Careful... You're In A Fool's Paradise

"It is only a matter of time before the US stock market runs into devastating problems due to the Fed QE program", Jim Rogers warned during an interview on CNBC Singapore, adding that the prevalance of similar stimulative pograms around the world merely exacerbates the probability and size of a fall. His simple message to US investors - "Be Careful."

On US Equities:

"We may well have had a big, big rally in the U.S. stock market, but it's not based on reality. I would encourage investors to know you're in a fool's paradise, be careful, and when people start singing praises, say, 'I've been to this party before, and I know know it's time to leave.'"

On A US Recession:

"First of all, throughout American history, we've always had slowdowns every four to six years. That means that sometime in the next couple of years - three years, maximum - we are going to have problems again, caused by whatever reason,"

On The Increasing Size Of The Problems:

"For instance, there was 2001 and 2002, and then 2007 and 2009 was much worse.

Well, the next time it's going to be worse still, because the level of debt is so, so, so much higher. Every country is increasing its debt at the same time."

On The Limits Of Central Banks:

"This is the first time in recorded history that we have every major central bank in the world printing money, so the world is floating on an artificial sea of liquidity.

Well, the artificial sea is going to disappear someday, and when it does, the catastrophe will be even worse. Yes, it's coming,"

- Sources, Zero Hedge and CNBC:

http://www.cnbc.com/id/101083671?utm_medium=referral&utm_source=t.co

http://www.zerohedge.com/news/2013-10-03/jim-rogers-warns-us-stock-investors-be-careful-youre-fools-paradise

Huge Money in Cleaning Up China

"Somebody’s going to make a lot of money cleaning it up, now the Chinese government and the Chinese citizens know that it’s terribly filthy,” says Jim Rogers ”For the next 20 or 30 years, huge amounts of money are going to be spent, and therefore, profits made."

- Source, Value Walk:

http://www.valuewalk.com/2013/09/jim-rogers-invest-in-north-korea/

All They Know How to Do is Print Money

Throughout history when you print staggering amounts of money, it has always led to inflation. Now, you can have an inflationary boom, an inflationary feel-good period, but usually the politicians just keep printing. No politician is going to run on a platform, or could get elected on a platform of “we are going to have pain”, so they are going to continue to print money. You know as Mr Bernanke is doing, the BoJ, the Bank of England, the ECB. They all say the same thing. They are all doing the same thing. So they are going to continue to print money. Eventually of course what always happens is that inflation gets higher and higher and then the bubble pops and you have deflation and harder times. But between here and there is a long way, because they are not going to stop printing money. That’s all they know how to do. It’s the wrong thing, but it’s all they know to do.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

Full of Crazy Regulations and Controls

You should get on the next plane you can and head to Myanmar or North Korea — maybe Angola,” said Jim Rogers, naming three countries normally grouped together for human rights abuses.

Jim Rogers moved to Singapore a few years ago, and he has consistently told young, ambitious people that they should follow suit, leaving London and New York City behind. He’s been impressed with the dynamism and work ethic he sees in Asia, but now that India is facing serious problems he is looking to put his money elsewhere.

“In 1980, India was much, much more successful than China,” he says. “Since then, China’s run circles around there… [They’re] full of bureaucracy, full of crazy regulations and controls. Their currency’s not convertible — it’s a mess.”

- Source, Value Walk:

http://www.valuewalk.com/2013/09/jim-rogers-invest-in-north-korea/

India is Bad for Business

Have you ever been to India? If you can only visit one country you should go there. It is the most exceptional country in the world from a tourist point of view. But from the point of view of doing business, it’s the worst bureaucracy in the world, and the infrastructure’s a nightmare. It’s a very extraordinary place to visit – the languages; the man-made and natural marvels; the food; the religions; the languages. It’s extraordinary, but not as a place to do business unless you are in with the right people. If you are in with the government – the right part of the government – yeah, you’ll make a lot of money. But otherwise be very careful.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

Is the Gold Rush Over?

Jim Rogers appears on FOX Business, where he talks about the current gold market. He says he owns Coins and ETF's.

- Source, Fox Business:

http://www.foxbusiness.com/index.html

Be Worried, Be Careful

Famed investor Jim Rogers says, “This is the first time in recorded history all the banks are printing money at the same time. . . . This is the first time we've had massive debasement, and it’s going to end very badly no matter what they say.”

Rogers, who has written books on global investing, says, “Whether they keep printing or stop printing money globally, it is going to end badly.” If money printing stops, Rogers contends, “Banks are not going to be lending. Financial markets are going to go down. Currency markets are going to be in great turmoil. It’s not going to be any fun.” And if the money printing continues, Rogers says, “You've got bubble in some sectors, you have inflation, and then you have interest rates going up. Currency markets are in turmoil, and it’s a mess because printing money is artificial. It’s never worked.”

As the economy slows down, Rogers predicts, “They’re going to take money wherever they can. . . . They’re going to take our bank accounts and retirement accounts.” Rogers concludes by saying, “We've had perilous times, and it’s going to get worse. . . It’s coming, be worried, be careful.

- Source, USA Watchdog:

http://usawatchdog.com/financial-calamity-its-coming-be-worried-be-careful-jim-rogers/

US Economy is no Longer Producing

US Economy is no longer producing. There are no more farmers just wall street

Financial Calamity is Coming

Multi-millionaire investor Jim Rogers predicts, "They're going to take money wherever they can. . . . They're going to take our bank accounts and retirement accounts." Rogers concludes by saying, "We've had perilous times, and it's going to get worse. . . It's coming, be worried, be careful." Join Greg Hunter as he goes One-on-One with Jim Rogers, author of "Street Smarts, Adventures on the Road and in the Markets."

- Source, USA Watchdog:

http://usawatchdog.com/financial-calamity-its-coming-be-worried-be-careful-jim-rogers/

Prepare for Market Panic

Potential conflict in Syria and the scaling back of Fed stimulus point to a full-scale market "mess," says investor Jim Rogers, with the countries running trade deficits likely to be hardest hit.

- Jim Rogers via Reuters TV:

https://www.youtube.com/user/ReutersTV?feature=watch

Gold is Harder to Value

The amount mined and consumed is very low compared to the overall inventory of gold. All the gold ever mined is still somewhere and that is going to continue for the foreseeable future. From that point of view I guess it is harder to value – to figure out the price of gold – rather than wheat for instance.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

Gold Has Been Money

Everybody has their own view. Mine is that gold is not money until you can go into a shop and get someone to accept it as money. Gold, certainly in recent decades, is nothing more than a commodity. Yes at times it has been money in the past, but so has silver, so have seashells, so have cattle. A lot of things have been used as money. Silver has been money more than gold historically, and throughout the world there is a lot more silver around.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

There Are a Lot of Mystics

I own gold and haven’t sold any, we are in a long overdue and much needed correction. The anomaly was that gold had been up 12 years in a row. That’s not normal, typical action. It’s abnormal, which worries me and should worry all the gold bulls. It has now corrected for some 18 to 20 months now. I find that encouraging. I mean, I don’t know, because I'm not a very good market timer, but I do know that most corrections go on long enough to scare a lot of people and scare them out of their positions, and that’s what I would expect to happen.

I've had people write to me and say: “gold cannot go down 30%”, and I say: “turn on your computer. It’s there.” There are a lot of mystics that are still true believers. Until it scares a lot of people the correction is not over. I would certainly like the correction to be over this afternoon and see gold go to $2,000 or to $3,000, but that’s not reality.

- Jim Rogers via a recent Gold Money interview:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

I Think There is More Money to be Made in Agriculture

Rogers is sticking his money in agriculture. “I think there is more money to be made in agriculture… The world is facing a serious demographic and production problem. If something doesn't change then we won’t have food at any price.”

It’s a drum he’s been banging for a while now but he thinks that recent price drops have created a buying opportunity. “I don’t think we've had the final bottom in gold but we must be nearing it in sugar. Sugar is down 75% from its all-time high – there’s not much in the world that is down 75%.”

- Source, Money Week, read the full article here:

http://moneyweek.com/gold-will-fall-to-900-an-ounce-says-jim-rogers/

How the World Works

Every once in a while I get it right. Even I get it right sometimes. Vindicated? I don’t take any great pleasure in it. I just talk about the way the world works. It’s reality. Unfortunately some people don’t like to see how the world works.

- Jim Rogers via Gold Money:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archive/jim-rogers-nobody-gets-out-of-this-situation-until-theres-a-crisis.aspx

China Can See a Recession

"I don’t trust numbers from any government, as most are made up, as you probably know. China has had astonishing growth, but they have problems with housing and inflation. We had the same problems in the 19th century when we were growing rapidly. Every country that rises rapidly has problems. China can see a recession, but the US saw recessions and 13 depressions in the 19th century, and was still the greatest nation in the 20th century. They are trying to slow down, which is the right thing to do. It’s natural they slow down from these growth rates. They are preparing the economy for long term sustainable growth. The only way the China story runs into big problems is if they run out of water. China has a major water problem. They are working hard to solve it. I believe they will solve it. If you want to make a lot of money find companies that are working to fix that problem. As for their stock market, it’s getting closer to a buy. I bought a few shares on Friday. Their market is getting to the point it should be bought."

- Source, Guru Focus:

http://www.gurufocus.com/news/221577/jim-rogers--the-energy-revolution-in-the-us-is-overhyped-bonds-worldwide-are-in-a-bubble

Gold Will Fall Further

American commodities guru Jim Rogers is on something of a roll.

The 70-year old retired hedge fund manager, who co-founded the Quantum Fund with George Soros, has made a series of accurate market predictions, which have increased his standing with investors.

So anyone holding gold might be worried to hear that Rogers thinks the yellow metal, which is already in a bear market, is set to fall another 25%.

However, don’t panic: Rogers isn’t selling – he thinks gold’s best days still lie ahead of it.

Rogers first came to mainstream attention when he correctly predicted the bull market for commodity prices at the start of the century. As that prediction turned to fact, it eventually became a pretty crowded trade, but Rogers marked himself out again when he turned bearish on gold around January 2012.

At the time, gold was riding high at around $1,600 an ounce, but Rogers predicted it would drop to $1,200-$1,300. That’s more or less exactly what happened.
Now Rogers thinks that gold will fall further – to $900 per ounce. As he explains in a recent Financial Times interview, his reasoning for this prediction is very simple: “Gold has gone up 12 years in a row, which is terribly unusual for any asset, so it would be an anomaly if there was not a correction.”

- Source, Money Week, Read the full article here:

http://moneyweek.com/gold-will-fall-to-900-an-ounce-says-jim-rogers/

The Government’s Gotten Worse

Jim, one of the world’s renowned investors and a best-selling author, is known for his far-sightedness and contrarian calls.

In this interview he shared why he is “short India” and why India may be a good tourist destination but it’s still not investment worthy on a global platform.

Looking back at the last five years of Indian Economy, Jim said, “The government’s gotten worse; India’s gotten worse; the debt’s gotten worse; inflations gotten worse; the economy’s gotten worse… everything’s gotten worse.”

When Rahul Goel, CEO of Equitymaster, questioned him about his views on the global economy, Jim shared, “We’ve had every major central bank printing huge amounts of money. So, the world is floating on a very artificial lake”.

He further went on to warn the investors across the globe that “The next economic slowdown will be worse than 2008-09” and why investors should not listen to other people and invest only in what they know about.

Taking a strike on the Indian political instability, he said,”(Since 1980) …politicians made more and more mistakes in India. I don’t see that changing anytime soon.”

The interview also covers his views on gold, US stocks, crude oil, amongst many more.

Equitymaster has released the complete interview on their website and it can be accessed on:

http://www.equitymaster.com/websummit.

Money Flooding Into the Market

GoldSeek Radio's Chris Waltzek talks to famed investor Jim Rogers.

- Source, Gold Seek Radio:

http://radio.goldseek.com/

Optimistic About Agriculture

Unless the price of agricultural goods goes up a lot, we are not going to have any farmers at any price. Something has to attract people into the agricultural business and the only thing that will is higher profitability and that means higher prices whether we like it or not. I cannot tell you how optimistic I am about agriculture going forward.

- Jim Rogers via The Prospect Group:

http://www.theprospectgroup.com/executivefocus/profile/jim-rogers-on-commodities-the-agriculture-boom-perilous-times-ahead/81536/

Perilous Times Ahead

Jim Rogers is a world renowned commodity investor and author of 'Street Smarts: Adventures on the Road and in the Markets'. He spoke with The Prospect Group about commodity and currency markets, the coming bull market in agriculture, and how investors can protect themselves from the hard times ahead.

- Source, The Prospect Group:

http://www.theprospectgroup.com/executivefocus/profile/jim-rogers-on-commodities-the-agriculture-boom-perilous-times-ahead/81536/

The Whole Economic World Is Artificial

"There is a huge artificial boom going on," warns Jim Rogers as for the first time in history, all the world's major central banks are simultaneously printing money. While he remains adamant of the positive outlook for agriculture, the fact that "the whole world is trying to debase their currencies," produces a "major disconnect" between asset values and economic realities. Stocks are at new highs, not based on reality, but on printing presses "and that cannot work... this is going to end very very badly." While not all western economies are as egregious as others, the intertwined nature means their fate remains very much tethered to the US, and as Rogers concludes, "everybody will suffer, be very very careful as these are perilous times."

- Jim Rogers via a recent Zero Hedge article, read the full article here:

http://www.zerohedge.com/news/2013-07-29/jim-rogers-whole-economic-world-artificial-its-going-end-very-badly

Jim Rogers and the White Horse

In the 1920s, there was one bankrupt country. And the consequences still define the world we live in.

Today there are at least half a dozen insolvent nations, including some of the largest economies in the world– Japan, Spain, Greece, Portugal, the US, etc.

And while major economic decline can take years or even decades to unfold, history shows that the consequences affect almost everyone… especially when people look to a man on a white horse to save them from their desperation.

Here’s what Jim Rogers had to say about the Man on the White Horse at our event in Santiago, Chile:

- Source, The Sovereign Man:

http://www.sovereignman.com/

Everybody Has Cut Back Dramatically

"When there’s massive new supply coming on stream, then we’ll have the end of the bull market. But the world has consumed more agriculture products than it has produced for a decade now. But worse than that, we’re running out of farmers. The average age of farmers in America is 58; in Japan, it’s 66. Many of the industrial metals are now below the cost of production.

And nearly everybody has cut back dramatically on their expansion plans and investment plans. Oil reserves are declining pretty steadily around the world. We do have shale oil, which has caused a rise in supply. But that’s only in the U.S; the rest of the world has declined. Moreover, it remains to be seen how long the oil boom in the U.S. will continue."

- Source, Guru Focus:

http://www.gurufocus.com/news/222073/jim-rogers-will-buy-gold-aggressively-at-1200-per-ounce

Bull Markets End in a Bubble

"Long bull markets always end in a bubble or mania before it’s over with. And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying “We buy gold.” And the American people line up to sell gold. Later there’ll be signs there saying, “We sell gold,” and people will be lining up to buy it in big ways. That hasn't happened yet."

- Source, Guru Focus:

http://www.gurufocus.com/news/222073/jim-rogers-will-buy-gold-aggressively-at-1200-per-ounce

Bernanke Has No Exit Plan

"Mr. Bernanke's exit plan apparently is that he is going to leave his job. He doesn't want to stick around for the hangover. He doesn't want to be around for the consequences of what he's doing."

- Jim Rogers via a recent CBS Market watch interview.

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They Will Find Some Way to Take Our Money

"That’s how they'll rationalize taking our money. They know where all the pension plans are because we have to report it, so they're easily accessible by governments. They know where they are, what they are, and they'll be able to snatch them away. Who knows what they'll do, but they'll certainly find some way to take our money when things get worse, they always have."

- Jim Rogers via a recent Lew Rockwell interview:

http://lewrockwell.com/rogers-j/rogers-j182.html

Short US Government Bonds

Jim Rogers appears on CNBC where he says you should short government bonds. All of this money printing is very bad for the world in the long run says Jim Rogers.

- Source CNBC:

www.cnbc.com

Beware The Man On The White Horse...

"As far back as ancient times, whenever civilizations fell into great crisis, people in desperation have almost invariably turned to a single individual who promised them better times. Of course, history is full of examples of men who did not give up power willingly once the crisis passed. As an example, the 1920s economic crisis in the Weimar Republic had a huge impact in the rise of Adolf Hitler’s National Socialism. In the 1920s, there was one bankrupt country. And the consequences still define the world we live in. But Jim Rogers sees another "man on a white horse" that scares him even more today..."

- Source, Zero Hedge, read the full post here:

http://www.zerohedge.com/news/2013-07-16/jim-rogers-beware-man-white-horse

Economic Shocks Coming

Jim Rogers appears on Russia Today, where he discusses if there is light at the end of this economic tunnel.

- Source, Russia Today:

www.rt.com

USA Will Lose The Economic War

Jim Rogers appears on Russia Today. He discusses how he is positive on the growth of China. He believes this is the century of China. He see's the West declining.

Malaysia Has Alot Going For It

Jim Rogers discusses his views on Malaysia. He is very positive on it's government and the natural resources that the control has. He also believe that it will greatly benefit from being China's neighbour.

We Are in a Global Bond Bubble

"Mr. Bernanke believes you can expand the central bank balance sheet infinitely, and suffer no ill effects. Anything you do to diminish demand for the thing will cause the price to drop. Same thing here. Bond prices will drop, which causes interest rates to rise. We are in a global bond bubble. When it pops is anyone’s guess. I have tried to short bonds a few times. The French tried money printing in the 50’s, the Italians in the ‘60s. At some point, the market won’t take it, and bond prices will go down and rates will rise. We have more money than Bernanke and the central banks do. So at some point this will happen."

- Source, Guru Focus:

http://www.gurufocus.com/news/221577/jim-rogers--the-energy-revolution-in-the-us-is-overhyped-bonds-worldwide-are-in-a-bubble

Bull Market is NOT Over Yet

"Bull markets climb a wall of worry. I'm not quite sure where the supply is coming from that would cause the bull market to end. Maybe they know something I don’t. But when you look back at the stock bull market from 1982 to 2000, stocks collapsed in 1987, ’89, ’90, ’94, ’97, ’98. And every time, people said the bull market is over. But it wasn’t. This bull market in commodities will definitely come to an end someday. But someday is not here yet."

- Jim Rogers, via a recent Guru Focus interview:

http://www.gurufocus.com/news/222073/jim-rogers-will-buy-gold-aggressively-at-1200-per-ounce

4200% Returns Still Possible

Jim Rogers appears on Yahoo's Daily Ticker. He is bullish on North Korea, and says America is in decline. The big returns in the future are going to come from Asia.

- Source, Yahoo:

http://finance.yahoo.com/blogs/daily-ticker/

Thank Goodness for Gold Correction

Kitco News asks Jim Rogers his take of current events like Deutsche Bank's new gold depository in Singapore and the two new Chinese ETPs. Rogers also talks about how India's Finance Minister Chidambaram repeatedly urges the public to stop buying gold, stating heavy gold imports hurt the Indian economy. Finally, Rogers says that the gold correction in April was necessary for gold to avoid an even worse crash. Despite the April sell-off  Rogers is still purchasing gold, silver, platinum and palladium. In regards to Roubini's bearish comments on gold earlier this month, Rogers says he'll ignore those predictions.

- Source, Kitco News:

http://kitcomm.com

Cut Down on What You Have in Your Bank Account

"If people have money in any account, anywhere in the world…cut it down to under the guaranteed amount. They might take that too someday when things get desperate, because the precedent has been set, but that’s where I would start if I had money in the bank anywhere in the world.”

- Jim Rogers via a Lew Rockwell Interview:

http://lewrockwell.com/rogers-j/rogers-j182.html

Jim Rogers - Gold Price in 2014

Jim Rogers appears on Russia Today, where he discusses agriculture, gold, commodities and much more. He says prices are already rising.

- Source, Russia Today:

rt.com

I Bought More Gold Today Bull Market Far From Over

When Jim Rogers talks, investors listen. Rogers may be the world’s best-known commodity investor, with his Rogers International Commodity Index and best-selling books, including “Hot Commodities.” HAI Managing Editor Sumit Roy spoke this week with Rogers from his home in Singapore about commodities, including whether he’s ready to buy gold after the recent plunge in prices.

HardAssetsInvestor: A lot of investment banks have recently called an end to the commodities super cycle that began more than a decade ago. Do you think they’re wrong?

Jim Rogers: I'm delighted to hear that. Bull markets climb a wall of worry. I'm not quite sure where the supply is coming from that would cause the bull market to end. Maybe they know something I don’t. But when you look back at the stock bull market from 1982 to 2000, stocks collapsed in 1987, ’89, ’90, ’94, ’97, ’98. And every time, people said the bull market is over. But it wasn't. This bull market in commodities will definitely come to an end someday. But someday is not here yet.

HAI: What signs do you look for to determine when the bull market is close to ending or has ended?

Rogers: Well, when there’s massive new supply coming on stream, then we’ll have the end of the bull market. But the world has consumed more agriculture products than it has produced for a decade now. But worse than that, we’re running out of farmers. The average age of farmers in America is 58; in Japan, it’s 66. Many of the industrial metals are now below the cost of production.

And nearly everybody has cut back dramatically on their expansion plans and investment plans. Oil reserves are declining pretty steadily around the world. We do have shale oil, which has caused a rise in supply. But that’s only in the U.S; the rest of the world has declined. Moreover, it remains to be seen how long the oil boom in the U.S. will continue.

HAI: All the talk recently has been about the recent plunge in gold. You've been saying, for a long time now— even when prices were hitting record highs—that you weren't going to buy until prices corrected to $1,200. Are you still planning on buying there?

Rogers: Yes, if it gets there. I bought more today, as a matter of fact. I bought a little bit, not much, over the last few days in case this was the bottom. I would not be surprised if there's another chance to buy lower later on, but I'm buying and I own it. I haven't sold any.

HAI: How do you determine whether gold is a good value or not? What has to happen for you to get completely out of gold and stay out?

Rogers: All these things will end in a bubble some day. Long bull markets always end in a bubble or mania before it’s over with. And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying “We buy gold.” And the American people line up to sell gold. Later there’ll be signs there saying, “We sell gold,” and people will be lining up to buy it in big ways. That hasn't happened yet.

Rogers: All these things will end in a bubble some day. Long bull markets always end in a bubble or mania before it’s over with. And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying “We buy gold.” And the American people line up to sell gold. Later there’ll be signs there saying, “We sell gold,” and people will be lining up to buy it in big ways. That hasn't happened yet.

Rogers: All these things will end in a bubble some day. Long bull markets always end in a bubble or mania before it’s over with. And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying “We buy gold.” And the American people line up to sell gold. Later there’ll be signs there saying, “We sell gold,” and people will be lining up to buy it in big ways. That hasn't happened yet.

- Source, Hard Assets Investor:

http://www.hardassetsinvestor.com/interviews/4917-jim-rogers-i-bought-more-gold-today-bull-market-far-from-over.html

Street Smarts: Adventures on the Road and in the Markets

You Have to Find Your Own Way

"Everybody’s got to find their own way. Listening to me, maybe it’s fun, maybe it’s boring, who knows, you’re not going to succeed until you find your own way. I mean if you’re a musician you’ve got to find your own sound, your own way. Great musicians through history were the people who had their own madness, and were proud of their madness, especially if it was not what everybody else is doing. Well, the same is true of art, literature, politics, finance...especially finance. Yeah, you can copy other people, and many people do, that’s why everybody invests in the same thing, and that’s why it winds up being a bad investment. No, you’ve got to figure out your own way, no matter how absurd your way may sound, especially if your own way sounds absurd to others, you should pursue it even harder. You can learn from other people, but don’t try to be like Joe or Sally, try to be like yourself."

- Source, Investors Guide:

http://www.investorguide.com/

I Don't Want to Own Equities Right Now

"I do not really want to own equities right now. I owned a fair amount of Japanese equities. I sold most of them two weeks ago. I am not very optimistic about equities because you see what happened in Japan when people started getting worried about the end of the artificiality. When everybody realises that all the central banks are going to have to cut back, it is not going to be fun. The Japanese stock market has collapsed in three days. You just wait and the whole world has to face its problem."

- Jim Rogers via a recent Economic Times interview:

http://economictimes.indiatimes.com/

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Gold Correction is Not Over Yet

“It has now corrected for some 18-to-20 months now. I find that encouraging. Until it scares a lot of people, the correction is not over. I would certainly like the correction to be over this afternoon and see gold go to $2,000 or to $3,000, but that’s not reality.”

- Source, Jim Rogers via a recent CBS Market Watch interview.

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Every Major Central Bank is Printing Money

Jim Rogers appears on CCTV America where he discusses the money printing that is running rampant worldwide. Will the FED stop it's stimulus programs? Jim Rogers doesn't think so.

- Source, CCTV America:

http://cctv.cntv.cn/lm/cctvamerica/01/index.shtml

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What Price You Should Start Buying Gold

Jim Rogers states that the gold bottom may not be here yet. He will be interested in buying gold at $1300.

- Source, Fox Business:

http://video.foxbusiness.com/

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Investing in North Korea

"GOLD Correction & Investing in NORTH KOREA, Predicts MERGE with North & South Korea within the next 5 Years."

- Source, Reuters:

http://reuters.com/

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Long Overdue for a Correction

Jim Rogers gives his take on where he sees precious metals heading in the next couple of months. He says that gold was overdue for this recent correction.

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This Money Printing Can't Last

All Central Banks Printing Money Against Gold And It Can't Last.

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There's No Market in North Korea

“If you really want to get rich now, what you should do is go to North Korea,” he said. But investing in North Korea isn’t easy. “You can buy stamps or you can buy gold or silver coins,” Rogers explained. “There’s no stock market.”

- Source, Jim Rogers via a recent Smart Planet interview:

http://www.smartplanet.com/

Your Bank Account Isn't Safe

”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 via a recent Lew Rockwell interview:

http://lewrockwell.com/rogers-j/rogers-j182.html

You’re Bailing Out Incompetence

"Japan faced problems such as we’re facing now, and they refused to let people go bankrupt, they propped up the banks, they propped up a lot of companies, and they came to be known as the zombie banks and zombie companies, and as you know the Japanese talk about the 1990s as the lost decade. But now you’re talking about two lost decades. Their stock market is down 75% from where it was 23 years ago. That is not a typo, it’s down 75%. We’re going the same way. We refuse to let people go bankrupt, prop up everybody in sight, and the problem with that is you’re rewarding incompetence, you’re bailing out incompetence, rather than allowing new people, new energy, new capital, and new competition. It’s called the green shoots, from Joseph Schumpeter. One of the great beauties of capitalism is creative destruction, which allows the green shoots of new energy, and new capital, and new ideas to develop. They’re not allowing that in the United States these days, just as Japan refused to allow it for the last 23 years."

- Source, Investors Guide:

http://www.investorguide.com/

Lessons In Investing

Jim Rogers joins Mamta Badkar on Business Insider. During this interview Jim Rogers shares his insights on where the market is going and how he believes an individual should invest.

- Source, Business Insider:

http://www.businessinsider.com/

All Governments Debasing Their Currency at the Same Time

"Forget last week's sell-off in gold. Jim Rogers says it's going higher. How high? "If the U.S. dollar becomes confetti, any number you want to make up. They're printing U.S. dollars fast enough to turn them into confetti. Who knows how high gold will go as long as we have a mad man running the central bank," says Rogers."

- Source, USA Watchdog:

http://usawatchdog.com/these-are-perilous-times-jim-rogers/

Invest in What You Know

Nobody should invest in anything that they themselves don’t understand. So if I sat here and said you should do x, y, z, and people don’t have a clue what I’m talking about, they should probably ignore what I say or even what you say. Nobody should invest in something that they don’t understand. If you know nothing about gold except that it’s supposedly valuable, you shouldn’t buy it, or invest in anything you don’t know about. But once you know a lot about something, you will probably figure out some ways to protect yourself. I mean if you have your own business, like you, usually the best thing to invest in is your own business, because you know more about that than anything else. I have various ways that I’m trying to protect myself, but even if I told you I’m doing x, I might change my mind tomorrow afternoon, and then you would be stuck doing x because I said it. I’m not going to call you and tell you I changed my mind on that position. So people really need to invest in only what they themselves know a lot about.

- Source, Investors Guide:

http://www.investorguide.com/

Most People Don't End Up Successful

“Most people don’t think for themselves. Most people just go along with whatever they see in the newspapers or the TV or whatever their friends or teachers say. That’s a terrible, terrible mistake because most of those people don’t wind up being terribly successful in life.”

- Source, Smart Planet, read the full article here:

http://www.smartplanet.com/blog/business-brains/disruptor-jim-rogers-investor/26722

Nobody is Paying Attention to the Debt

"I would start with the debt in the United States government. You might say “oh, they’re paying attention”, I would say balderdash. You know, my entire life I’ve heard congress talk about deficit spending, bemoan deficit spending, and talk about the debt. Back in the 1980s there was something called the Grace Commission, which was specially commissioned to study what to do about the deficit and the debt. And it passed laws, congress passed several laws since then, saying there will be no more deficit spending, or there will be no more debt, there will be no more, this will change, blah blah blah. And then they turn around and they ignore the laws. This has been going on for a long time. You might say people are paying attention, I would say that’s claptrap, they’re just talking, they have no intention of doing anything about it, and even if they “do something”, what they do is say “ok, instead of having increased spending, we’ll have less increase, we’ll still increase, it’ll just be less.” I mean, no, nobody’s paying attention to it."

- Source, Investors Guide:

http://www.investorguide.com/article/12206/jim-rogers/

Countries Are in Serious Trouble

"I'm a little surprised it took Moody's so long to get around to lowering the credit rating. The UK, the US, and other countries are in serious trouble, and the world seems to know it. It's just the rating agencies that don't know it. "I suspect sterling will continue to go down in real terms against real assets."

- Source, BBC:

http://www.bbc.com/news/

U.S Economy Enters a Black Hole

Jim Rogers appears on Russia Today, where he discusses China, the U.S and the Eurozone. He see's the U.S economy entering a "black hole".

- Source, Russia Today:

http://rt.com/

I Suspect They'll Take The Pension Plans Next

"I Suspect They’ll Take the Pension Plans Next; I for One am Worried, and I'm Taking Preparations."

- Jim Rogers interview via Lew Rockwell:

http://lewrockwell.com/rogers-j/rogers-j182.html

Stuck With the Old Technology

"If you go to some countries now, people don’t have telephones with land lines, they just completely leapt over that whole thing. We all used to have telephones with copper wires coming in. Most new countries don’t have land lines, they don’t have all those copper wires, et cetera. They don’t need it, they just completely leapt over all that. That’s been the story throughout history, the way people have developed, something new comes along, people develop it rather than go with the old ways, and people still stuck with the old technology and the old ways usually have to change or get passed by."

- Source, Investors Guide:

http://www.investorguide.com/article/12206/jim-rogers/

The Gold Market Outlook

"I don`t think the bull market will end in gold. What I said was that normally all assets correct 30 or 4 percent every year or 2 or 3. It`s just the way the markets work. Gold has only been down 30 percent once in the past 12 years and even then it ended up for the year. This is extremely unusual for any market.

So, what I said was, that if gold were to correct 35 or 40 percent it would go to 1200. Gold needs to correct it`s supposed to correct every 2 or 3 years. It has not, which worries me. If it did, I hope I am smart enough to buy more. It should but it does not mean it will. It may go to 2400 before it goes to 1200."

Agriculture Industry King

"Jim Rogers co-founded the Quantum Fund with George Soros and has been a successful investor for many years. In this interview Jim Rogers talks about agriculture and other commodities. Agriculture has been a disaster for 30 years but now the supply/ demand situation is changing very dramatically."

- Source:

http://www.youtube.com/user/BruceFenton/

Politicians Are Debasing Our Currency

"Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way."

- Jim Rogers via a recent CNN interview:

http://www.cnn.com/

Everything Has Problems

"I own gold and silver and precious metals. I own all commodities, which is a better way to play as they debase currencies. I own more agriculture than just about anything else in real assets because of the reasons we discussed before. We were talking before about the risk-free or worry-free investment. Even gold: the Indian politicians are talking about coming down hard on gold, and India is the largest buyer of gold in the world. If Indian politicians do something -- whether it’s foolish or not is irrelevant -- if they do something, gold could go down a lot. So I own it. I’m not selling it. But everything has problems."

- Jim Rogers via a recent interview with Peak Prosperity:

http://www.peakprosperity.com/

We're Wiping Out The Savings Class Globally

"Jim Rogers decries the growing uncertainty and recklessness of global central planners as the world enters unchartered financial markets."

- Source, Peakprosperity.com:

http://www.peakprosperity.com/podcast/81158/jim-rogers-3-9-2013

Wall Street is Doomed

"Massive competition, increased regulation and staggering leverage make a career in Wall Street the wrong choice, says Jim Rogers, CEO of Rogers Holdings and author of "Street Smarts." Rogers tells Reuters Consumer News Editor Chrystia Freeland that aspiring MBAs should dump their degrees and go into farming."

- Source, Reuters TV:

http://www.reuters.com/news/video/reuters-tv

The Time Jim Rogers Got Wiped Out

"Jim Rogers stopped by Business Insider to talk to us about his new book "Street Smarts." He talks to us about a moral dilemma he faced at Balliol College that was similar to the one he faced with George Soros at the Quantum Fund. He also tells us about the time he thought he was going to be the next Bernard Baruch (legendary American investor) but ended up getting wiped out instead, and why that lesson was so invaluable to him."

- Source, Business Insider: 

http://www.businessinsider.com/jim-rogers-on-when-he-lost-everything-2013-2

Glenn Beck Interviews Jim Rogers, American Economics

"Jim Rogers, author and financial guru, on the The Blaze TV with Glenn Beck discussing his book Street Smarts: Adventures on the Road and in the Markets.

Wall Street legend and bestselling author Jim Rogers offers investing insights and economic, political, and social analysis, drawing on lessons and observations from his lifetime in the markets."

- Source, The Blaze:

http://www.theblaze.com/

Is Obama Delusional Or Lying?

"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."

- Source, The Blaze:

http://www.theblaze.com/

You Should Learn to Drive a Tractor

Jim Rogers appears on Fox Business News. He discusses the turmoil he see's coming in the global currency and debt markets. Jim Rogers suggestion on how to profit in the coming years? Learn to drive a tractor.

- Source, Fox Business News:

http://video.foxbusiness.com/

Jim Rogers Gold Forecast for 2013

Jim Rogers is interview by Kitco News. He is asked about his predication's for gold in 2013. He says he doesn't have a clue what will happen to the price of gold, but he hopes to buy more if it goes down in price. He also reflects on the abysmal job that central bankers worldwide are doing.

- Source, Kitco News:

http://www.kitco.com/kitconewsvideo/

Jim Rogers Predicts Global Depression In 2013 or 2014

Jim Rogers appears on CNBC where he discusses a slow down in China and a possible coming global depression that we could see in 2013 or 2014. Jim Rogers predictions have been stunning accurate in the past.

- Source, CNBC:

http://www.cnbc.com/id/15839263/Video_Gallery

Jim Rogers Financial Advice and Predictions About Gold

"Jim Rogers discusses his forecast for 2013-2014 and gives his advice. Topics discussed include United States National Debt, Economic Slowdown, European Recovery, The Euro, the U.S. Dollar, George Soros, EU breakdown, The Federal Reserve, QE3, QE4, Financial crisis, Economic Collapse, China, Interest Rates, the Bond Market, Inflation, Safe Haven Assets, Commodities, Stocks, Agriculture, crude oil, Myanmar,

Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund with George Soros and creator of the Rogers International Commodities Index (RICI). His views closely fit the Austrian School of economics."

- Source, Reuters:

http://www.reuters.com/news/video/reuters-tv