, Jim Rogers Blog: January 2015

Saturday, January 31, 2015

Central Bank of Russia is on the Right Track

I own some Russian stocks. To my astonishment, the main one I own is not even down in all this. I guess it’s because it’s – it sells in dollars. Its expenses are in rubles, and it sells in dollars. So that’s helping it, and that’s – Aeroflot (MCX:AFLT) is another one I own, which is also sort of benefiting these days.

But to answer your question, I don’t have a clue. I do know – I think we all know – that markets go up too far, and they go down too far. Once you start building their momentum, panic develops. People get more and more scared. Marching calls go out. So I have no idea.

As far as I’m concerned, the Central Bank in Russia has been doing the right thing. They said they were not going to intervene anymore. Yesterday, they intervened for the first time in a while. But I think it’s very smart – not intervening. Let it collapse. Let it find its own level. And then we’ll have a staggering rebound.

But who knows? It’s 52 right now. I guess, it’s 52 right now. You’re right. It changes every three minutes. Who knows? Why not 60? In Russia, they talk about 60 as some kind of catastrophic bottom. Who knows? I don’t anyway.


- Source, Investing.com

Wednesday, January 28, 2015

Jim Rogers On The Forex Fundamental Analysis Tips and Guide


 
 

Wednesday, January 21, 2015

Russia’s 2015 economic outlook


 
CCTV America interviewed Jim Rogers, who runs Rogers Holdings, a investment firm, about the 2015 economic outlook.

Monday, January 12, 2015

Jim Rogers on Russia, China, and commodities


 

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.

- Source, Russia Today




 

Thursday, January 8, 2015

Jim Rogers on ruble: Russian central bank doing it right


 
Russia's PM says emotions have been one of the main factors driving the rouble out of its comfort zone. It is now sliding a little after regaining some ground following Tuesday's shocking falls. Financial commentator Jim Rogers believes panic is a crucial factor driving the rouble down, but overall he's optimistic about Russia's plan to tackle the problem without strict capital control.

- Source, Russia Today

Monday, January 5, 2015

Expect global oil prices to fall further


 
Jim Rogers, chief executive of Rogers Holdings, says he is surprised by the sharp decline in global oil prices. With America's shale oil boom continuing to cause oversupply, the oil prices will continue to see a downside momentum, he adds.

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Friday, January 2, 2015

Jim Rogers Weighs in on Commodities Carnage

As global commodities prices plummet, it’s incredibly convenient to pronounce the commodities super-cycle dead, isn’t it?

Yet banks from Goldman Sachs to Citigroup to Deutsche Bank are on record as saying it’s over.

The Rogers Commodities Index, which represents the value of a basket of 36 commodity futures contracts, is down 20% since mid-June.

But does incredible opportunity lie among the carnage?

Well, I asked the Founder of the Index, celebrated hedge fund manager and bestselling author, Jim Rogers.

Jim was born just a stone’s throw away from Wall Street Daily’sheadquarters in Baltimore, Maryland, and I get smarter every time I speak to him.

- Source, Wall St Daily