, Jim Rogers Blog: 2014

Sunday, December 14, 2014

Jim Rogers Sees Opportunity With Liquid Investments

Jim Rogers, the co-founder of the Quantum Fund and long-term specialist in agricultural commodities, joined Liquid Investments as a Keynote Speaker and Chief Guest at their Plantation Tour and Primal Investing Summit 2014.

Joined by a selection of business leaders, academics and the Liquid team, Jim Rogers reaffirmed his passion for agricultural investments and explained how it will be the producers and providers of capital who will reap the rewards of rising demand for food and food-related products.

The world is consuming more than it is producing. And what we eat is costing more – the United Nations (UN) reported food prices have doubled in the last decade. The UN predicts that the world population will be somewhere between 9.6 billion and 12.3 billion by the end of the century. By 2100, there will be an estimated 5.3 billion extra mouths to feed.

“Supply and demand for agriculture is out of whack,” Jim Rogers said.

Brazil”, he noted, “has plenty of water, plenty of rich soil, it has got huge natural resources, so of course the country is going to continue to be a supplier of agricultural products and probably more in the future than now”.

Touring Liquid Investments’ Coconut and Neemplantations in Brazil, Mr. Rogers commended the owners for having the “foresight to see the great opportunity that agriculture presents."

- Source, PR Web


Thursday, December 11, 2014

We’re all going to pay a terrible price’ for central bank stimulus

Since the economic collapse a few years ago, the primary policy initiative for the Federal Reserve and central banks all over the world has been to print, reduce interest rates to near zero and provide cheap money to stock markets. It’s a recipe for disaster, says many contrarian investors and Fed critics, including Jim Rogers, chairman of Rogers Holdings and author of “Hot Commodities.”

Speaking in an interview with Reuters, Rogers warned that the astronomical amount of printing will lead to a lot of pain for everyone. He added that when the printing finally ceases then we will see the true results of the central banks’ monetary policy: destruction.

“The central banks have been printing staggering amounts of artificial liquidity. It’s going to come to an end. I don’t know if it’s coming to an end now. When it does end, we’re all going to pay a terrible price,” said Rogers.

Rogers went onto purport that the markets would eventually drop between 10 and 20 percent, leading the central banks to once again ramp up the printing press. This would allow the markets to experience a boost and produce another series of bubbles.

The United States dollar won’t have much long-term strength, says Rogers, who noted that he does own it because in times of turmoil investors seek out the greenback as a safe haven from all of the chaos. “It’s not actually a safe haven, but they think it is.”

Rogers has been lambasting the Fed, European Central Bank (ECB) and other central banks for a few years now. He has regularly criticized their actions because he, much like his comments here have depicted, understands this type of inflation and easing will generate vast unpleasantness, particularly for the U.S.

Fed Chair Janet Yellen is expected to finally take the punch bowl awayduring this week’s Federal Open Market Committee (FOMC) meeting. This year, the U.S. central bank has tapered its third round of quantitative easing, but some expect the Fed to introduce a fourth edition of QE because the markets have been staggering in recent weeks, likely due to the paucity of cheap money and monthly injections.


Monday, December 8, 2014

Jim Rogers Simple Path to Investment Wealth

"Make sure your children and grandchildren speak Mandarin," legendary investor Jim Rogers told the crowd.

We were in the Dominican Republic... At the annual Stansberry Research Alliance Conference. Jim spoke avidly about China, as he has for years...

"The 19th century was England's. The 20th Century was the United States'. And the 21st century will be China's."

Jim expects China to dominate the global economy this century. And that makes speaking Mandarin a valuable skill. Jim's two young children are white, live in Singapore, and speak perfect Mandarin.

He's eating his own cooking, you might say.

Now, if you haven't heard of Jim Rogers, he's a true investment icon...



He worked alongside George Soros in the 1970s, running the Quantum Fund – one of the first hedge funds. To say they were successful would be a ridiculous understatement.

From 1970-1980, the Quantum Fund returned 4,200%... That's around 46% a year. The S&P 500 returned just 47% during the same period.

That brings us to China...

You see, Rogers believes his success came from finding what he knew would be successful in investing. Making a few big bets that would certainly pay off instead of many small bets.

In the most extreme case, you could make one investment every 10 years... a once-a-decade portfolio.

Jim explained this idea in his fantastic book, Street Smarts: Adventures on the Road and in the Markets. He wrote...

"If in 1970 you had bought commodities and held them for ten years, and in 1980 you sold your commodities and bought Japanese stocks, and then in 1990 you sold your Japanese stocks and bought technology stocks, and then sold those in 2000, you would be fabulously rich now."

Of course, this once-a-decade portfolio led to incredible returns. But it's easy to find returns in the rear-view mirror. That's not Jim's point. His point is this...

If you could only make 25 investments in your lifetime, you'd be a lot pickier about what you buy. You'd only buy things you were sure would work out. And you could likely beat the market buy making one investment a decade...

While Jim didn't come right out and say it, it's obvious he'd "buy" China today if he could only make one investment.

He's bullish on China for a few reasons... He believes China's low valuation is a key to long-term gains. He also loves to see the Chinese government pushing citizens into stocks (something Steve Sjuggerud wrote about in a recent DailyWealth).

Sure, there's likely to be ups and downs along the way. But he expects China to be the dominant economy of the 21st century. And with its stock market priced around half that of the U.S., he's interested.

Jim believes you can get rich by making one decision a decade. And today, China is at the top of his list for the once-a-decade portfolio.

We recommend making the trade with the DB X-trackers Harvest CSI 300 China A-Shares Fund (ASHR). This fund invests in local Chinese companies. And it's one of the best ways I know of to buy China today.

If you don't have money in China today, one of the world's best investors thinks you're making a mistake. Consider putting money to work in ASHR today.

- Source, Daily Wealth

Friday, December 5, 2014

Tuesday, December 2, 2014

Goldco Precious Metals Interviews Jim Rogers


Goldco Precious Metals recently interviewed noted billionaire Jim Rogers and spoke to him about investing in gold & silver, and the imminent collapse of the economy and the dollar.

Sunday, November 23, 2014

Thursday, November 20, 2014

Why Jim Rogers owns dollars printed by "crazy" fed bankers


A shaky couple of weeks in the global markets has rattled nerves, but while Jim Rogers continues to hold U.S. dollars, he warns investors not to confuse the greenback for a long-term safe haven.

Friday, November 7, 2014

A Fertile Investment

Conditions are perfect for a green farmland investment.

The average price per acre of farmland in Iowa jumped by 60% between 2007 and 2012.

Last year alone, farmland returned nearly 21% in total appreciation and income, according to the National Council of Real Estate Investment Fiduciaries.

Famed commodities investor Jim Rogers doesn’t think the run-up is over yet, either. As he told CNBC in March, “I’m still wildly optimistic about the future of agriculture worldwide.”

But one doesn’t need to be a sophisticated or well-heeled investor to break into farmland. There are some investments that can be bought as easily as any stock…


Wednesday, November 5, 2014

Don’t Bottom Fish With The Ukraine

While some use political and financial crises as an opportunity to buy stocks at deep discounts, something veterans of Wall Street call “bottom fishing,” winning investor Jim Rogers wouldn’t recommend it in the case of the Ukraine. The Singapore based manager of Rogers Holdings and Berland Interests thinks its a bad idea to buy Ukranian stocks on a decline, because the stocks could go lower and lower, especially given the vast uncertainty in the region. Even at the best of times, Rogers had this to say about investments in the Ukraine, “I’ve been to the Ukraine twice in my life and I’ve never been impressed by the government or the management of the Ukraine. You don’t buy something because it is low, because it can go lower and lower and lower.”

“If you’ve looked at the Ukranian government over the past 10-15 years, you know what I’m talking about.” Rogers identifies an important principle in bottom fishing. The stocks have to be damaged, the negative catalyst has to be external, but the underlying health of the government or business has to be sound and have some hope of upside. Suffice it to say, Rogers is not optimistic.

Just to give the other side of the equation, Mark Mobius remains bullish on Ukranian stocks, writing in March that despite the political problems, Ukrainian stocks have returned a surprising 20% gain for the year. Mobius, Chairman of Templeton Emerging Markets Group, said, “My team and I continue to be interested in Ukranianequities where we see opportunities on the individual and company level.”

So investors, take your pick. Is Mobius right or Rogers?


Sunday, November 2, 2014

A lot of Americans are Being Ruined

Legendary investor and market contrarian Jim Rogers told Futures magazine Editor-in-Chief Dan Collins that the current zero-interest rate environment is destroying economic opportunity for many across America, and he denounced the economic policies which prevent wage earners from gaining interest on their savings.

“A lot of people are being ruined,” Rogers stated in an interview in the October issue of Futures magazine.

“Any pension plans, endowments, etc., are suffering because they invest for the futures and are finding that their situation has gotten worse," he says. "We are doing this at the expense of people who save and invest. We are doing it to bail out the people who borrowed huge amounts of money. The consequences are already being felt.”

An outspoken critic of the Federal Reserve Board’s policies and of government deficit spending, Rogers was unapologetic in his oppostion to bailouts.

“We have gone in and taken the assets away from the competent people, given them to the incompetent people and said to the incompetent people, 'Now you compete with the competent people with their money,'” he says. “It’s absurd.”

In the interview, Rogers also boldly predicts that North Korea and South Korea will merge within the next five years. According to Rogers, a unified Korea will create “the most exciting country in the world for a decade or two.”

Rogers explains that the current North Korean leader has a different view of the world than his father and grandfather due to his upbringing in Switzerland. He also said the combination of cheap, educated labor in North Korea would be a boon for Eastern markets.

“If I could put all of my money in North Korea, I would,” he revealed, conceding that current laws prevent American citizens from investing in the nation today.

- Source, Futures Mag

Tuesday, October 28, 2014

Jim Rogers on Russia, US equities and commodities & Middleton on banks


Our lead story today is surveillance and the US economy. At a hearing in Palo Alto, California on Wednesday, Google’s Eric Schmidt made the bold claim that with the backlash against government surveillance mounting, “the simplest outcome is we’re going to end up breaking the internet. Erin Ade reports.

Then, Erin is joined by Veritaseum CEO Reggie Middleton to discuss bank security and the technology of finance. After JPMorgan Chase recently announced it had a breach involving some tens of million accounts, it is clear that financial services are vulnerable. Moreover, a lot of bank profit comes from fees these days, rather than interest income. Is that fee franchise under pressure? Middleton weighs in.

After the break, Erin sits down with famed investor Jim Rogers to talk about Russia, agriculture, and China. Rogers is bullish on agriculture and likes China. But he sees the Chinese purchase of the Waldorf-Astoria hotel as a top of the market kind of “trophy” acquisition. Jim also comments on whether a US equity bear market is on the horizon.

And in The Big Deal, Erin and Edward Harrison discuss the end of the bull market. Market breadth is waning as evidenced by the lower number of stocks hitting new highs and trading above their 200-day moving averages. Small cap stocks have already corrected over 10% and almost half of the Nasdaq is sown 20%, thus in a bear market, already. Where is this headed? Consolidation is the bare minimum. But, depending on the real economy, it could be worse. Take a look!


Saturday, October 25, 2014

Jim Rogers on Owning Gold and Real Assets


Famed investor and author Jim Rogers talks to Erin about the prices of gold and other assets in the midst of pressure on central banks.

Thursday, October 16, 2014

Jim Rogers Take on Alibaba


Investor Jim Rogers told Jackie Pang, the host of Hong Kong Phoenix TV, that as far as Alibaba stock is concerned, he thinks Russian market might be better choice for now....

Monday, October 13, 2014

Jim Rogers Still Bullish on Russia


Roger Holdings' Jim Rogers speaks with Maggie Lake about investing in Russia and other business opportunities.

Thursday, September 18, 2014

The Dollar Has Serious Long Term Problems

I own the dollar, since I expect more turmoil to come, and when it does, people will flee to the dollar because they think it is a safe haven. It is not a safe haven. In case of turmoil, and people flocking to the dollar, I would look to sell the currency as on a long-term basis. It does have serious problems.

I also own the renminbi and I am not selling it. I’ll buy more if it dips from the current levels. The fundamentals for the renminbi are less unsound. I also own the Japanese yen because a lot of people are negative on it. I do not own the rupee because India has big debt-related issues, balance of trade and inflation problems.

- Source, Jim Rogers via Business Standard

Tuesday, September 16, 2014

I Like Agriculture and Will Buy Gold if it Goes Lower

I own gold and I am not buying it now. But if there is war, yes! I would be buying gold if it goes higher. But I don’t expect so. I am looking to buy gold on a decline. I do not know how low. Gold has not had a 50 per cent correction in 13 years and that’s very unusual. If gold prices corrected 50 per cent (and that’s not a prediction) and slip below $1,000 an ounce, I would buy more. But I am not buying gold at the moment.

I prefer agri commodities at the moment because their prices are down and have been down from a long time, which is leading to fundamental distortion in agriculture. Inventories, worldwide, are near historic lows as we have been consuming more than we have been producing.

More, we are running out of farmers worldwide. The average age of farmers in the US is 58, it is 66 in Japan, etc. There are very few young people going into agriculture. The world is facing a serious problem as regards agriculture.

- Jim Rogers via Business Standard

Sunday, September 14, 2014

War Will Drive Oil Prices Higher

If war breaks out, there is no top for oil prices. Who knows how high it would eventually go? I don’t expect war anytime soon. But if it does happen, then one should definitely own all commodities, especially oil. Even without war, oil prices can move up, since oil reserves in most of the world are on a decline. The world is facing serious longer–term oil energy problems down the road.

- Source, Jim Rogers via Business Standard

Sunday, August 24, 2014

BRICs Developing an Alternative Banking System

To put together a competing world reserve currency and develop an alternative banking system, the BRICs might consider throwing India out of the equation, Jim Rogers said. India has been said to be the stumbling block in establishing the new world bank. “India and Brazil have big (national) debts. Russia is not a big debtor and has big international reserves,” Rogers noted, pivoting to Russian advantages in the interview. “Russia has a freely convertible currency and none of the others have a freely convertible currency.”

Jim Rogers thinks Russia should spend its time courting suitors in its own neighborhood, however. “If I were Russia I would be more interested in selling to Asia than South America.”

As reported two days ago in ValueWalk, the leaders of Russia, India, Brazil, China and South Africa are in meetings ending July 17 to bring together plans to create a $100 billion bank to compete with the World Bank and International Monetary Fund. The planed bank is a piece in a larger puzzle to provide a global alternative to Western dominance of the financial system. This has been a stated goal of Russia and China, both of whom have engaged in trade deals that eschew the use of the US dollar.

- Source, Value Walk

Friday, August 22, 2014

Brazil Wants to Compete with the US Dollar

Discussing the recent BRICs conference, Jim Rogers noted the steady drumbeat to displace the US as the world’s reserve currency of choice. “Brazil wants to compete with the IMF, the World Bank and the US dollar,” as do all participants in the BRICs conference, Rogers said when speaking on an RT interview.

“Brazil, China and Russia could easily put something together to compete with the US dollar,” Rogers said, leaving out one component of the BRICs alliance. “The US dollar is a terribly flawed currency. I’m an American. I hate to say that. But the US has serious problems, the world has serious problems. We need something else” and potentially a competing world currency could be developed. If this were to occur, the US and its economy might be put in a straight jacket as the ability to engage in large deficit spending could be curtailed.

- Source, Value Walk

Wednesday, August 20, 2014

The Banks Are Going to Panic and Print More Money

What I suspect will happen is that America will continue to cut back a little bit but, eventually, it is going to have an effect on the market and then America will start printing money again. But in the meantime, when America continues to cutback, Europe is coming into the market and printing more. On the other hand, Japan and the UK are not cutting back. So, if the US cuts back for a while before it returns, Europe, it seems, will increase its money print. In that context, it is better to buy US dollars rather than euros at this point. I don’t think any of these banks will stop printing permanently because when things start going wrong, they’re going to panic and print more.

- Source Jim Rogers via Business Standard

Monday, August 18, 2014

India Has the Worst Bureaucracy in the World

The new government has done a lot of smart things in its previous positions. I am still in a wait–and–watch mode as regards India. The new government still doesn’t control the upper House (of Parliament), so, the Prime Minister can’t do everything he likes and the recent Union Budget really didn’t do very much. India still has a lot of internal problems. Though I am not investing right away, I am keenly watching the developments unfold.

The one thing that would make me probably invest in India is if the currency is made convertible and makes it legal and easy for foreigners to invest there. Right now, it is very difficult to invest in India because the currency is not convertible and because it is illegal for foreigners easily to invest there. This is absurd. If India claims where it wants to be – that it is a great economic power, which it could be some day – issues related to currency convertibility, high inflation, debt, ease of investing have to be addressed. So, if the government does something on these issues, I will be very excited about India. You also need to cut bureaucracy. India has the worst bureaucracy in the world and I haven’t seen anything quite like it. If these things change, India could be a very exciting place for me.

- Jim Rogers via a recent Business Standard interview

Saturday, August 16, 2014

I Would Rather Invest in China or Japan, Rather Than America or Germany

America, Germany and many other developed markets are near all-time highs and most undeveloped markets are not. I would prefer to invest in places like Japan, that is still nearly 65 per cent below its all-time high. I would rather invest in Japan rather than in New York. China, too, is around 65 per cent below its high levels. I would much prefer to judge each situation based on its own merit and invest in China or Japan, given that they are depressed, rather than Germany or America.

- Jim Rogers via Business Standard

Thursday, August 14, 2014

Jim Rogers - Crossing China on his Motorcycle in 1987


This is a full documentary from late 80s with a successful american investor seeking adventure by traveling across China with his motorcycle in order to meet the local people.

Tuesday, August 12, 2014

War is Not Good For Anything But Commodities

Wars always affect all markets. When there is turmoil or fear, people are less likely to take risk. War is not good for anything except commodities. In such a scenario, people prefer to put their money into commodities like lead, copper or wheat because they know those are necessary for war. Likewise for gold. Thus, war is not good for anything except commodities. It is less bad for the people who win the war but in the meantime when there is uncertainty, people are afraid of investing and taking risk.

- Jim Rogers via Business Standard

Friday, August 8, 2014

No Place is Absolutely Safe for Your Money

Well, there is no such thing as safe, if you ask me. In the investment world, there is always a risk of everything even if one holds cash. You need to put your money in the right asset. I certainly would think that anything in Africa, South America or even parts of Asia might be safe or considered less dangerous than parts of West Asia. I don’t expect geopolitical problems in Asia but who knows? The future remains uncertain. Politicians, as history suggest, have done very foolish things and probably will continue to do foolish things. So, some parts of Africa and South America appear less dangerous — but no place is absolutely safe.

- Jim Rogers via Business Standard

Wednesday, August 6, 2014

Jim Rogers Talks Gold - Gives His GOLD PREDICTIONS


Venture Capital, Katie Pilbeam talks about the worrying new estimations on US debt figures with Jim Rogers, a legendary investor author of Street Smarts: Adventures on the Road and in the Markets. As Europe bears the burden of austerity, million-euro salaries continue to be dished out to bankers.

Monday, August 4, 2014

Only a Russian, Chinese, Brazil Joint Currency Can Battle Dollar Dominance


The presidents of Russia and Brazil have met ahead of the BRICS Summit. Vladimir Putin and Dewma WHO-sseff were present as some of the two countries' largest corporations signed agreements to deepen the economic ties between the two.

Corporate investor Jim Rogers tells RT that the BRICS members are capable of challenging the United States' financial dominance.

Sunday, July 20, 2014

US Economy is No Longer Producing


Jim Rogers - US Economy is no longer producing - There are no more farmers just Wall Street.

Friday, July 18, 2014

Jim Rogers on China's Future & Tim Duy Talks US Growth, Jobs, & Unemployment


We spoke with Jim Rogers on changes taking place in the United States and around the world. As has been said repeatedly, the only constant in life is change...

- Source, Russia Today

Wednesday, July 16, 2014

China to be Most Important Country in 21st Century


Jim Rogers appears on Russia Today where he discusses the importance of China going forward in the 21st Century. He believes that the future is in the East.

Monday, July 14, 2014

Jim Rogers Interview on Commodities, 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. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move Asia."

Saturday, July 12, 2014

Supercycle to Last 2-5 Years, Gold To Go Much Higher

by Eddie van der Walt

Jim Rogers believes the commodities supercycle may have another two to five years before the bubble bursts, he told The Bullion Desk, adding that he is still bullish on gold and awaiting further buying opportunities.

“Commodities will end in a bubble by the end of the bull market, whenever that is – whether that is in two years’ time or five years’ time,” the author and hedge fund manager said. “Bull markets normally end in a bubble and this one may be no different.”

Asked whether he favoured the longer or the shorter ends of his predicted timetable, he said: “I doubt the timeframe is two years; it will probably last longer than that. But no, it is definitely not over, not with all this money printing going on.”

“I don’t think this will last another 10 years – but who knows, governments are still printing money so this could go on much longer than anyone expected,” he added.

The key drivers remain limited supply and loose monetary easing, Rogers said, warning that “we haven’t seen the full effects of quantitative easing yet”.

“There is still staggering amounts money floating around, with huge artificial oceans of excess liquidity – this is the first time in recorded history that all the world’s major central banks simultaneously printed large amounts of money, from the EU, to the UK and the US. This has never happened before, so this is not over yet.”

The US is currently in the process of slowing the rate at which it expands the monetary base. Under its third quantitative easing programme (QE3), it bought $85 billion in bonds per month but it has slowed the pace of its monthly purchases to $35 billion per month.

Still, it has printed more than $4 trillion dollars to boost the US economy since rolling out QE1 late in November 2008.

The UK and Japan have also previously embarked on QE but the EU has not yet done so, recently opting for negative interest rates instead.

There are often periods of consolidation in bull markets and the current run in commodities is no different, Rogers also said.

“I remember between 1982 and the end of the century, in the stocks bull market, we saw several corrections,” he added. “In 1987 stocks were down 40-80 percent worldwide and it took a long time for it to get above pre-correction levels but the bull market was not over. We are seeing the same normal correction happening in commodities now.

Rogers remains bullish on gold in the long term: “I still own gold – though I’m not buying at the moment. But if there is another buying opportunity in the next year or two, I will buy because it will go much, much higher. Gold will be one of the final commodities to end in a bubble in this cycle.”

Gold reached an all-time high of $1,921.12 per ounce in September 2011, having rallied from a base of about $250 at the turn of the millennium. Since reaching these highs, however, it dropped to a low of $1,180 late last year, prompting many to say the bull market was over.

But it has since recovered and was last at $1,322 per ounce, little changed from its overnight close but little more than $10 off recent 14-week highs.

- Source, Bullion Desk

Tuesday, July 8, 2014

Depressed Palladium one of Best Commodity Investments

Jim Rogers, financial guru and founder of Rogers International Commodity Index (RICI), believes the “supercycle” of the commodities market will continue to push ahead, while “depressed” palladium remains one of the best investment picks in the sector.

Speaking in an exclusive interview with the Bullion Desk late last week, Rogers discussed how most bull markets come with stages of consolidation and hindrances and the commodity market is really no different. Rogers noted that there have been corrections in equities between years 1982 and 2000 and there are parallels between the stock market then and the commodity market now.

“In 1987 stocks were down 40-80 percent worldwide and it took a long time for it to get above pre-correction levels but the bull market was not over,” said Rogers. “We are seeing the same normal correction happening in commodities now. But we have not seen enough supply come on stream yet in any commodities sector, except maybe iron ore or something like that, to bring supply and demand back in balance.”

Despite these points, Rogers still refuses to call a top in the commodity market. In fact, the bestselling author of “Hot Commodities” believescommodity prices will continue to rise in the months to come. However, investors should be cautious because commodities could possibly conclude in a bubble by the end of the bull market, which normally happens.

Nevertheless, the persistence of money printing by central banks all over the world will continue to assist in this market to soar. “Governments are still printing money and this has gone on for much longer than anyone expected, which could help fuel the commodities boom,” averred Rogers.

Agriculture is the best commodities pick to make and palladium is also another great investment to make since it’s in a “depressed” state right now, Rogers said. At the time of this writing, palladium is trading at just under $850. Over the past year, palladium has remained steady and has increase by approximately $100 in value.

Palladium prices have hit their highest levels since 2001 because of the mining strikes in South Africa, which commenced in January and have now become the longest running strikes in the nation’s history. Also, the strife in Russia is causing palladium prices to soar as well as the inventory deficits of palladium.

It is estimated that there will be a deficit of 1.6 million ounces this year, a number that was put forward even prior to the South African strikes. Demand persists for palladium because it is tied to the auto sector and production for gasoline engines.



Tuesday, July 1, 2014

London Real - Follow the Money with Jim Rogers


When Jim Rogers shows up with that Southern drawl and Seersucker suit, you know some Investing science is about to be dropped on your dome.

Jim Rogers has been there and done that. He co-founded the Quantum Fund with George Soros in 1973 which later became one of the most successful funds ever created returning over $32 Billion to its investors over the decades.

Retiring from Wall Street at age 37, he rode his motorcycle across China from 1990-1992 before ANYONE was talking about China and wrote the bestselling book "Investment Biker" describing his journey. He is legit, I remember the Wall Street traders talking Jim up when I started my career at Bankers Trust in 1993.

Since then he's circumnavigated the globe AGAIN and become very bullish on agriculture, commodities, China, Russian, and, wait for it, North Korea! Jim likes to look at his investments on a very long time horizon. As he tells me on the show, "no matter what you think is true today it's not going to be the case in 15 years."


- Source, The London Real


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Sunday, June 29, 2014

Jim Rogers is Buying Russian Assets

It’s a been a long-term adage in the investment world that you buy when there’s a disaster, because if you buy when everybody else is panicking and dumping, you’re probably going to make a lot of money in the end – unless the world comes to an end. I don’t suspect that Russia is going to come to an end, Russia has assets, Russia has lots of foreign currency in reserves as well, so when I saw Russia collapsing I thought I should buy, and I did buy. I’ve been becoming more optimistic about Russia over the past year or two anyway, because you do have big reserves and there are positive changes taking place in Russia as far as I’m concerned, so I hope, Sophie, that your parents taught you to buy low and sell high – that’s what I’m trying to do.

- Source, Jim Rogers, via Russia Today


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Friday, June 27, 2014

Giants Ditching Dollar Over US Foreign Policies


Sanction threats against Russia sent shock waves of panic across the world of investment. There's still those who still believe in the prospects of the Russian economy, despite the political turmoil. So, what are these prospects? How are sanctions affecting the financial balance of power? And, finally, what does Moscow's turn to Beijing mean for the future of the global economy?

- Source, Russia Today


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Monday, June 23, 2014

The US Dollar is Slipping in Power

I don’t particularly like saying this, because I’m an American citizen, and American taxpayer and American voter, but if you drive people away from the dollar… many people now must be saying“guys, if we have dollars, and the US decides that they don’t like us, they’ve going to put sanctions on us!”So more and more people would say “maybe I shouldn’t use the US dollar, maybe I shouldn’t have my money in US dollars.” At the same time, as you know, Russia and China are now going to trade with each other in their own currencies instead of the US dollar. More and more people are doing the same thing, they’re starting to trade in other currencies besides US dollar. This is just a continuing long-term move away from the US dollar. And, I am afraid, that US is pushing people away from the US dollar with our actions.

The US has been the world’s reserve currency, has had the world’s medium of exchange and so far we’ve been able to do a lot of things because we can just print more US dollars. We have a huge balance of trade deficit; we have huge government deficits, because we can print more money. If there comes a time that we cannot print money, when the world will not just take US dollars because we say“here they are!” – then that cripples America in many-many ways. The Pentagon, the Defense Department of the US has already said that the deficit in the US is a major potential weakness from the military point of view. Just recently, the space people said “every country in the world has eventually collapsed” and the way America is going, we might collapse too. This is not me, this is the Defense Department of America, and this is the Space Agency of America saying these things. If you read history, Sophie, it’s true, it’s correct. When people do not have the money that they used to have – they’re limited in many ways. You cannot have as many soldiers, you cannot have as many airplanes, you cannot send ships all over the world, because somebody has to pay for it, and if you don’t have the money to pay for it anymore, you’re in trouble.


- Source, Jim Rogers via Russia Today


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Saturday, June 21, 2014

Why America is Getting Involved in the Ukraine Makes No Sense

I don’t see what was in it for Europe and the US, other than some kind of geopolitical game that bureaucrats and politicians like to play. I don’t see what the purpose of this was other than some kind of supposed chess game. I don’t see what America expected to get out of it. Ukraine has a lot of agriculture, but other than that… I mean, those agricultural products get sold on to the world market, so I don’t see why America tried to get so involved with Ukraine. It just does not make any sense to me, and as I said earlier, it seems to be hurting America now, rather than helping America, since the consequences have not gone the way they thought they would.

I don’t see that it has hurt Russia. Maybe there’s something I don’t know, but I don’t see that this has hurt Russia in any way at this point.

- Source, Jim Rogers via Russia Today



Thursday, June 19, 2014

Jim Rogers Says He isn't Buying Gold - Right Now



The legendary investor talks with Reuters about the impact of Russian sanctions on the U.S. dollar and where he sees gold heading.

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Tuesday, June 17, 2014

Sunday, June 15, 2014

Investors Jim Rogers Holding Dollar, Euro


Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy. Rogers also discusses Europe's sovereign debt crisis and Federal Reserve monetary policy. He speaks from Singapore with Rishaad Salamat on Bloomberg Television's "On the Move Asia."


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Friday, June 13, 2014

Russia May Stop Selling Natural Gas to Europe

If Russia now does more and more trade with Asia, instead of with Europe and the West, then obviously that’s not… that’s good for Russia, that’s good for Asia, but America gets cut out and Europe gets cut out. You know, Russia used to sell a lot of gas to Europe, it still does, but if they stop selling natural gas to Europe, and sell it to Asia – that is not good for Europe, and, ultimately, not good for the US either, because the US and Europe are huge trading partners.

America does have oil reserves, but they are not enough to… I mean, if we’ve sold all of our oil reserves, it’s not enough to have any kind of significant effect on the world oil market. It might make the market go down for a day or weeks, or two weeks, even. But, then the markets it’s going to go back before, and the market may even go back more, because then America would have sold its oil reserves, and we wouldn’t have anything in reserve, so… again, you have to ask him, I don’t know, but that doesn’t seem like a very viable solution to me.

It would take a long time for America in order to get natural gas from America to Europe. You don’t just sort of snap your fingers and do that. You don’t just put in on a boat or plane, you’ve got to have special ports on both sides, you’ve got to have special ships, and you’ve got to have natural gas in the right place. Yeah, it could happen someday, but some day is a long time away, and if Russia stops selling natural gas to Europe – that’s going to hurt Europe for several years until American gas can come, and that if we presume and suppose that there is enough American natural gas to ship to Europe. Europe uses a lot of natural gas, and America at the moment seems to have surplus of a natural gas - will they have a surplus in five years? I don’t know. Will we have enough to supply Europe gas for many years? I doubt it.


- Jim Rogers via Russia Today


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Wednesday, June 11, 2014

Putin Has Outsmarted the West

Unfortunately America seems to have really bungled this whole thing very badly. As you know, they’ve tried to instigate a coup in Ukraine against an elected government, and they did that somewhat successfully, but then they didn’t think through the consequences. Mr. Putin seems to have outsmarted us, Putin now is in control of Crimea, which Russians have controlled for many decades, so that’s not so unusual – what’s unusual is that America didn’t think through what they were doing, they seem to just react on a day-to-day basis, so now… Crimea is part of Russia, the Russians have more and more allies in Asia. I’m afraid America just didn’t think it through, they’ve bungled, they’ve acted on a day-to-day basis, and they’ve reacted to events instead of looking to the future and controlling events. Mr. Putin seems to have outsmarted Mr. Obama.

Why did they get involved in the first place? Because we have incompetence in the State Department, in Washington. I guess they thought that they could take over control of Ukraine, which will give America more influence in central Europe and would certainly damage Russia, but in the end it seems to have strengthened Russia and has damaged America. You know, politicians make mistakes; bureaucrats make mistakes all the time. Looks like this time it was America that made the mistakes, and not Russia.
- Source, Jim Rogers via Russia Today


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Monday, June 9, 2014

China to Be the Most Important Country in XXI Century


(video cannot be embedded, please click image to view)

Sanction threats against Russia sent shockwaves of panic across the world of investment. There’s still those who still believe in the prospects of the Russian economy, despite the political turmoil. So, what are these prospects? How are sanctions affecting the financial balance of power? And, finally, what does Moscow’s turn to Beijing mean for the future of the global economy? We ask these questions to a renowned investor and businessman – Jim Rogers is on SophieCo today.

- Source, Russia Today


Saturday, June 7, 2014

Opportunity To Buy Gold Coming


(video cannot be embedded, please click image to view)

Famed commodity investor Jim Rogers is on Kitco News to speak about the Chinese and US economy, gold, and even bitcoin. Rogers has some very interesting thoughts about the yellow metal and where he thinks it may be headed. “Gold is still correcting… I expect there to be another opportunity to buy gold sometime in the next year or two.” He also shares his insights on the US economy and how he is not so confident in the US dollar given the country’s elevated debt levels. “No country in world history has got itself into this kind of situation and got out without a crisis or semi-crisis.” He also shares some insights on bitcoin and what he thinks of the cryptocurrency.

- Source, Kitco

Thursday, June 5, 2014

Friday, May 23, 2014

The Debt is Going Higher and Higher

Jim Rogers recently discussed with Yahoo! Finance how all western governments are bankrupt, which we cover regularly, stating "There is no sound currency anymore...There's no paper money in 2014 and 2015 that's going to be worth much of anything."

Bloomberg recently reported that the US dollar reached a two-year low, it's weakest level since November 2011. Furthermore, the US dollar has lost 38.5% of its value since 2002. Rogers predicted the US will soon abandon the dollar for another currency!

"For the first time in recorded history we have all major banks and central governments around the world printing huge amounts of money," Rogers said. "This has never happened in world history and so the world is floating on an artificial ocean... of lots and lots of printed money," said Rogers.

"The debt is going higher and higher. The money printing is going higher and higher. We've had 50 or 60 years of success in America," he said. "You've got to pay the price someday whether you like it or not. The longer you delay the day of reckoning, the worse the day of reckoning is going to be. This is not going to be fun."


- Source, The Market Oracle

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Wednesday, May 21, 2014

Government Figures Are All Phony

China is vastly different from Dubai, vastly.

Dubai was building its plan, its economic plan was to build an economy based on real estate speculation. It didn’t have anything else. It didn’t have oil, natural resources, it had a small population etc. and there was gigantic real estate speculation in construction. China has huge amounts of stuff. It has a growing population. It has vast natural resources, not enough, but it’s got some. And then all those natural resources in Siberia which they can tap and they’ve got huge financial reserves. Dubai does not. Dubai has a rich big brother, but that’s all Dubai has and China has it all - resources, cheap labor, discipline, educated labor and vast markets.

As far as the lower growth rates, I don’t pay attention to government growth figures because they’re all phony. Nobody knows how much China is growing, including China. I don’t pay attention to all of these figures. They’re not important to me. They’re irrelevant. China is certainly doing better than most countries and it will continue to do so. It will have setbacks. There’s nothing that says China should not have a recession. But China has a lot of money saved for a rainy day and when it rains they’re going to spend. America doesn’t have any money saved for a rainy day. And when it rains we’re going to try to borrow it or print it, neither of which is good for America or for the world.


- Source, Jim Rogers via a recent Business Insider interview.

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Monday, May 19, 2014

The Collapse of China

Few seem to understand the historical significance of what is happening there. E.g. Gordon Chang has been writing books and articles since 2001 predicting the collapse of China and the disappearance of the Communist Party. Jim Chanos has been predicting the collapse of China since 2009 saying it will be “1000 times worse than Dubai”. [Jim Rogers explained at the time that showed no understanding of Dubai or of China.] Many in China do not fully understand either.

As the US was rising to its power and glory during the 19th Century, we had a horrible civil war, 15 depressions, few human rights, little rule of law, periodic massacres in the streets, etc., etc. yet we still became the most successful country in the 20th Century.

China will have plenty of setbacks along the way as does every country, company, family, and individual that rises.

The Chinese government is trying to cool real estate so Jim Rogers would avoid Chinese Real Estate.

- Jim Rogers

Saturday, May 17, 2014

United States is in Danger of Being a Third World Country

About 50 of us currently on the FreedomFest Asian cruise heard famed financial guru Jim Rogers (“The Adventure Capitalist”) speak on his living in Singapore and your latest investment advice. He is an old friend who, as the former partner of George Soros, made millions of dollars in a joint hedge fund. Rogers traveled the world in the early 2000s as told in his book “Investment Biker.” My favorite book is “Street Smarts,” which can be ordered from Amazon.

Rogers and I have two things in common — we both have taught at Columbia Business School and we share the same birthday, Oct. 19. Thus, we are known as the “crash babies.”

Now he lives with his wife and two young children in Singapore, where they are learning Mandarin Chinese. He believes that just as the future belonged to the British in the 19th century and the Americans in the 20th century, so the Chinese will own the 21st century. But he still feels that the dollar is king and English is the language of international commerce. Yet he warns that the United States is in danger of being a Third World country in terms of infrastructure of education. The Asians are more advanced now than the United States (except in places like Thailand, Indonesia and the Philippines).

Rogers is a generally a bear on the stock market and bullish on commodities, but he’s not invested in gold right now. He hopes to see it under $1,000 an ounce. But he did warn of another crisis coming in the “next two or three years.” The dollar will be the safe haven at that time, but in the long term he’s bearish on the dollar. China will have its share of crises, he said, just like America in the 19th century suffering from civil war and numerous panics. He’s keen on education.


My grandson asked Jim Rogers the question, “Do you recommend any small-cap stocks for small people?”

My Asian tour’s next stop is Hong Kong (where I will be having lunch with Richard Yong, a top economist at the University of Hong Kong), before going to Taiwan and Japan. I’ll have a follow-up report in the coming days.

Interesting fact: All of the Asian countries have been growing much faster than the United States since the 2008 financial crisis, but all of the emerging markets except one (Thailand) have underperformed the U.S. stock market. It just goes to show that Wall Street is not Main Street. In my newsletter, I’m not recommending any index funds in Asia, although that might change. Wall Street is where the action is.

At the end of his talk, I asked Rogers what the most important lesson was that he’s learned in life. He said, “Having children — they are more important than anything else you do in life, your career, your business, your friends.”

- Source, Townhall Finance

Thursday, May 15, 2014

A Look Back at His Life and How He Got So Rich


James Beeland Jim Rogers, Jr. (born October 19, 1942) is an American businessman, investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund and creator of the Rogers International Commodities Index (RICI).

Tuesday, May 13, 2014

The Global Economy of the 21st Century


The Global Economy of the 21st Century In November 2010 legendary investor Jim Rogers returned to his alma mater Balliol College, Oxford as part of the 'Voices from Oxford' series.

Sunday, May 11, 2014

US Economy is No Longer Producing


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

Wednesday, May 7, 2014

The World is Facing a Food Crisis


The rise in local land prices has been fueled mainly by a worldwide agricultural commodity boom that has driven food prices up by more than 100 percent since 2003, according to the Food and Agriculture Organization of the United Nations (FAO).

"More people need to get into farming; otherwise, we won't have any food," said commodity investor Jim Rogers, who launched the international Quantum Fund with George Soros in the early 1970s and went on to create the Rogers International Commodities Index, which tracks the performance of numerous commodities in global markets, ranging from agriculture to metals and energy products.

Rogers and Notaro belong to an increasingly active community of farmland investors hoping to profit from the world's growing need for nourishment. "I'm still wildly optimistic about the future of agriculture worldwide," said Rogers, who has served as an advisor and as a director to companies that hold farmland in Australia, Brazil and North America.

- Source, Russia Today

Monday, May 5, 2014

U.S. Dollar is a Terribly Flawed Currency


Jim Rogers thinks sanctions on Russia over the Ukraine crisis are bad for the dollar. Rogers says, "This just pushes people further away from the U.S. dollar. I don't like saying this because I am an American, but the U.S. dollar is a terribly flawed currency. We're the largest debtor nation in world history, and now we are telling people you'd better be careful if you use the U.S. dollar. We may take it away from you. We may block you. Of course, people are going to look for an alternative."

Rogers is also a best-selling author that most recently wrote the book "Street Smarts: On the Road and in the Markets." Where is he investing his money? Rogers reveals, "I own real assets. I own agriculture." Is Rogers afraid of a systemic crash in the global economy? His reply, "Aren't you? I don't think it will happen over Ukraine, but it could because politicians do very foolish things."

- Source, USA Watchdog


Saturday, May 3, 2014

If China Bails Out Europe It Will Gain More Global Power


Jim Rogers appears on Russia Today, where he discusses the Chinese bailouts. He believe China is gaining more and more power.

Tuesday, April 22, 2014

No Sanctions Will Hurt Russia More Than People Imposing Them

There is no reason for Russia to worry about the western sanctions it is facing now over the Ukrainian issue since Moscow has too many other trade partners to work with, Jim Rogers, financial analyst and co-founder of the Quantum Fund, said in an interview with the VoR.
Could China’s decision to purchase superjet planes be viewed as a gesture of support following a series of sanctions imposed by the West against Moscow over the Ukrainian issue?

Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

And there are some articles on the Internet right now where different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?

I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.

I think Mr. Obama is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.

And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate with in the nearest future, apart from China?

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

So, this decision to purchase these superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.


- Source, The Voice of Russia:

http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/
Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

And there are some articles on the Internet right now where different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?

I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.

I think Mr. Obama is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.

And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate with in the nearest future, apart from China?

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

So, this decision to purchase these superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.





There is no reason for Russia to worry about the western sanctions it is facing now over the Ukrainian issue since Moscow has too many other trade partners to work with, Jim Rogers, financial analyst and co-founder of the Quantum Fund, said in an interview with the VoR.


superjet planes be viewed as a gesture of support following a series of sanctions imposed by the West against Moscow over the Ukrainian issue?Could China’s decision to purchase

Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?And there are some articles on the Internet right now where

neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your

is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.I think Mr. Obama

with in the nearest future, apart from China?And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?So, this decision to purchase these

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.
Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/