, Jim Rogers Blog: October 2018

Monday, October 15, 2018

Jim Rogers: Gigantic Short Position in Gold and Silver Right Now


World renowned investor, Jim Rogers, sat down with SBTV at The Safe House and shared his thoughts on the changing fortunes of the US, the coming global financial collapse and the state of the gold & silver markets.

- Source, SBTV

Thursday, October 11, 2018

Invest in Zimbabwe Because the Coming Bear Market Will Be Brutal

Famed investor Jim Rogers, chairman of Rogers Holdings, said in an exclusive interview that while he is not yet buying gold at current levels, a rebound in the yellow metal could cause it to overheat.

"Before this is over, gold could turn into a very overpriced asset, it might even turn into a bubble," he said.

Rogers noted that while he holds physical gold, he would not buy more until prices drop below $1,000 an ounce.

"I'm still waiting for $950 an ounce, or something like that," he said.

On U.S. equities, Rogers said that current valuations are overstretched, although stock prices could still climb higher on good news.

He added that the next bear market could be "the worst in my lifetime," and that instead of U.S. stocks, he is looking at investing in Zimbabwe, an emerging market.

"Zimbabwe was ruined for 40 years by a crazy dictator. There's a new guy, he may be worse, he may be better, but he's certainly different, so you should think about Zimbabwe," he said.

- Source, The Street

Monday, October 8, 2018

How Does Investor Jim Rogers View The World?

Jim Rogers is an American businessman and investor, who co-founded the Quantum Fund and created the Rogers International Commodities Index (RICI).

From 1970 to 1980, the Quantum Fund zoomed 4,200%, while the S&P climbed 47%. Clearly, the Quantum fund was a huge success and Rogers decided to retire in 1980. Since then, he has continued to manage his own portfolio, served as a professor of finance at the Columbia University Graduate School of Business and became a favorite financial commentator with the media.

Rogers gave a presentation at the recent 2018 San Francisco MoneyShow entitled, “How I See the World and What I Am Doing About It.” Rogers offered the audience invaluable information about the economy and where it may be heading.

Rogers currently lives in Singapore and is raising his two daughters there. He said that the future of the global economy relies on Asia. Specially, the 21st century is the century of China, he added.

As for the United States, interest rates are the lowest they have ever been. Once interest rates go back to normal levels, Rogers predicted that the next bear market will hit.

Before that event occurs, Rogers opined that people should invest in the agriculture industry. He thinks that buying land in agricultural regions is a smart idea. People can use this land to farm, but on top of that, can use the land to set up shops and homes for farmers. Rogers feels that farmers are going to be rich in the future. Therefore, having any type of land that relates to the farming industry is a good investment, according to Rogers.

- Source, Stock Investor