Wednesday, May 12, 2021

Jim Rogers: Stock Market Crash is Coming, US Dollar Collapse Could Be Next


In this video, we speak to Jim Rogers. Jim Rogers is a famed commodities investor & investor in Gold & Silver. Jim discusses his belief that a major stock market crash & us dollar collapse could eventually come. 

He discusses how it's historically impossible for this major bubble to continue forever. We discuss Gold & Silver - when he is investing in Gold & Silver - why he likes Uranium & he talks about how the US Dollar is at great risk, because the United States is the greatest debtor nation in the history of the world. 

He talks about why you can expect to see China has a new global power in the financial system. 

We also have some good laughs and talk about some of his best stories from traveling around the world, his daughter's education in Asia & his worst investing mistake he ever made.

Thursday, May 6, 2021

Jim Rogers: History shows that Bitcoin will be outlawed if it becomes successful


Money will become more and more digitized, according to Jim Rogers, investor, best-selling author, and co-founder of the Quantum Fund, but the question is whether or not non-government issued digital currencies will prevail. 

“If cryptocurrencies become successful, most governments will outlaw it, because they don’t want to lose their monopoly, every government in the world is working on computer money now, including the U.S. The Chinese are there already. 

I can’t imagine that the governments are going to say ok, this is our crypto money, or you can use their crypto money, that’s not the way governments work, historically,” Rogers told Michelle Makori, editor-in-chief of Kitco News.

- Source, Kitco News

Friday, April 30, 2021

Jim Rogers: Identifying Opportunities While Markets Are Up to A Fever Pitch


Legendary independent investor Jim Rogers joins Real Vision CEO and co-founder Raoul Pal to share his outlook on markets and the lessons he learned on his storied career. 

Rogers tells Pal that this current market environment, marked by record-low mutual fund cash levels and high levels of investing on margin, reminds him somewhat of the conditions prior to the "Black Monday" sell-off on October 19, 1987, which actually occurred on Rogers’ birthday. 

Rogers stresses the importance of thinking for oneself and argues that China is well-positioned to be the future engine of economic growth and technological progress.

Friday, April 9, 2021

Legendary Investor Jim Rogers Warns of Bubble Stocks

The hype around "hot" stocks, the retail-investing boom, and the surge in listings of special-purpose acquisition vehicles (SPACs) are all signs of an expanding stock-market bubble, veteran investor Jim Rogers said in a RealVision interview released on Monday.

Rogers is George Soros’ former business partner and the cofounder of Quantum Fund and Soros Fund Management. He warned that bonds are in a bubble, predicted gold and silver will skyrocket in price, and said he regretted not buying bitcoin years ago...

- Source, Business Insider Mexico, read more here

Monday, April 5, 2021

The next bear market will be 'the worst in our lifetime,' Jim Rogers says

Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through.

The veteran investor says that’s because even more debt has accumulated in the global economy since the financial crisis, especially in the U.S. While Rogers isn’t saying that stocks are poised to enter bear territory now — or making any claim to know when they will — he says he’s not surprised that U.S. equities resumed their selloff Thursday and he expects the rout to continue.

“When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime,” Rogers, the chairman of Rogers Holdings Inc., said in a phone interview. “Debt is everywhere, and it’s much, much higher now.”

The plunge in equity markets resumed Thursday, as the S&P 500 Index sank 3.8 per cent, taking its rout since a Jan. 26 record past 10 per cent and meeting the accepted definition of a correction. The Dow Jones Industrial Average plunged more than 1,000 points, while the losses continued in early Asian trading Friday as the Nikkei 225 Stock Average dropped as much as 3.5 per cent.

The Bear Market

Rogers has seen severe bear markets before. Even this century, the Dow plunged more than 50 per cent during the financial crisis, from a peak in October 2007 through a low in March 2009. It sank 38 per cent from its high during the IT bubble in 2000 through a low in 2002.

“Jim has been talking about severe corrections since I started in business over 30 years ago,” said Alibaba Group Holding Ltd. President Mike Evans, a former Goldman Sachs Group Inc. banker. “So I’m sure he’ll be right at some point.”

Rogers predicts the stock market will experience jitters until the Federal Reserve increases borrowing costs. That, he says, will be the point when stocks go up again. He said he’ll buy an agriculture index today, reiterating his view that prices of such commodities have been depressed for some time.

“I’m very bad in market timing,” Rogers said. “But maybe there will be continued sloppiness until March when they raise interest rates, and it looks like the market will rally.”

Thursday, April 1, 2021

Jim Rogers: Forget About The Price After You Buy


In his recent interview on The Derivative Podcast, Jim Rogers discussed a number of topics including not looking at the price of something for a number of years after you’ve bought. Here’s an excerpt from the interview:

I have learned Jeff over the years that I’m not a very good trader, the worst trader in the world, worst market timer in the world. So for me especially in a bull market, if I find something cheap that I think is going to go up for a long time I don’t want to know the price.

I used to open accounts in countries and the broker would say well shall I call you every day or every month. I said no. I don’t want to know. I don’t want to know the prices because if I know the prices if it goes up a lot I might sell it. If it goes down a lot I might sell. I don’t want to know the prices.

But when I think a few years from now that the country is changing or the market is changing I’ll call you back and we’ll sell. So I’m horrible at market timing.

Tuesday, March 16, 2021

Jim Rogers: Small Caps Are Where The Best Fortunes Are Made


For the final episode of The Daily Dive this week, we have a special guest - none other than Jim Rogers. For this special episode, Jim sits down with none other than Small Cap Steve to discuss small caps, rising inflation, a bottom-up approach to investing and more.

- Source, The Deep Dive

Friday, January 22, 2021

Jim Rogers: Silver, Agriculture, Energy are 3 asset classes I would invest in for next decade


Commodities Guru Jim Rogers Author, Street Smarts: Adventures on the Road and in the Markets believes that the only cheap asset class he sees are commodities. 

“We're in the midst of a regular correction in the Dollar. I expect there to be problems this year and next year and that will make US$ attractive. I am still long the US Dollar,” he says. Rogers is of the view that agriculture has been bad for a long time now. 

“I believe the Agri rally will continue and beaten down industries like transportation, tourism, entertainment will revive. Tech is not for me, it’s very expensive right now.” 

The excessive money printing, borrowing and spending are not good for the next generation according to Rogers. “Silver, agriculture, energy are the 3 classes where I would invest for the next decade.

- Source, ET NOW