Thursday, March 28, 2013

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."

Monday, March 25, 2013

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/

Tuesday, March 19, 2013

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:

Friday, March 15, 2013

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:

Wednesday, March 13, 2013

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:

Thursday, March 7, 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:

Friday, March 1, 2013

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