Jim Rogers warns of bubble by end of '21 as debt more than in 2008

Bonds are in a bubble everywhere. Many stocks have started to form a bubble. Property in Korea, New Zealand and many places are in a bubble. But commodities are still cheap, says Jim Rogers, investment guru and author of Street Smarts: Adventures on the Road in the Market.

The big talking point this morning is that some of the US companies are getting a little bit cautious and the US seems to be preparing for the delta variant. Amazon has already pushed back their work-from-home timeline. But the markets seem to be completely shrugging off any threat from the third wave or the Delta variant?

As you know, markets everywhere have been going through the roof. It has been unprecedented because we have had so much money printing by central banks all over the world. I am not good at market timing but I am sure it is going to come to an end some time in the next few months. This has never happened before.

Unlike equities, commodities are getting a little bit more sensitive on the news flow around Covid. We have seen a bit of a knee-jerk reaction in crude overnight. It could have a domino effect on raw material prices, inflation and thereby earnings of corporates?

Well the cheapest asset class in the world at the moment happens to be commodities. Bonds are in a bubble everywhere. Many stocks have started to form a bubble. Property in Korea, New Zealand and many places are in a bubble. But commodities are still cheap. Silver is down 50% from it's all-time high.

Oil is down over 50%. I do not know whether oil is going to go up and down this week. The known reserves of oil continue to decline. The fracking bubble has popped and so I would suspect we are going to see strength in oil in the next few months. Not every day, not every week but oil is down a lot from it's all-time high...

- Source, Economic Times, read more here

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Robert Kiyosaki & Jim Rogers: How to Survive Market Mania

What do tulip bulbs and cryptocurrencies have in common? Today’s episode proves that amateurs are at the highest risk for losing big when an asset is in a bubble. 

You need only look at our crazes in modern times like the tech stock bubble of the early 2,000s, the sub-prime crisis in 2008, and even the designer fruit craze in modern-day Japan, where it can cost up to £20,000 for a square watermelon. 

Jim Rogers, a financial commentator, and successful international investor says, “If you want to be rich you should study history.” 

Unfortunately, the average investor doesn’t understand the fundamentals of the markets. 

They just buy because the market is going up…and everyone else is doing it. 

Host Robert Kiyosaki and guest Jim Rogers discuss how we are doomed to repeat history if we don’t learn from history.

- Source, Rich Dad Poor Dad

Jim Rogers: The United States is Declining Fast

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.

- Source, Real Vision Finance

Here’s What Could Trigger Widespread Ban on Bitcoin, According to Macro Investor Jim Rogers

Macro investor and financial commentator Jim Rogers says governments may take steps to ban Bitcoin if the cryptocurrency begins seriously threatening the future of fiat currencies.

In a new video, Rogers argues that if Bitcoin’s use case as a currency solidifies then there is a real danger of it usurping fiat currencies. Rather than cede power, governments will seek to “outlaw” the flagship asset, predicts Rogers.

“If Bitcoin ever becomes a viable currency, not a trading vehicle, but a viable currency, they can outlaw it.

“If it’s just a trading vehicle, I don’t see any reason that they would outlaw it. Unless it’s money laundering or something like that. No, if people aren’t trying to use it to compete with government money, why not?”

The macro investor adds that the threat governments pose to Bitcoin will only grow once governments develop digital versions of their own fiat currencies.

“Governments don’t want to lose control. They like their monopoly, and once they all have their own government money, do you think they’re going to say, ‘Okay, here are US dollars and they’re on the computer, but if you want to use something else, you can?’

That’s actually not my experience with governments anytime in history… well, most times in history. And I can’t imagine the US government’s going to let people do that.”

But for now, Rogers points out that he views Bitcoin primarily as just a tradable asset with few other use cases unlike metals such as silver.

“As a store of value, I don’t – well, yeah, considerably, but I don’t know what the value is. Listen, if we have a store of value of silver, I know that silver can be used in solar panels, and electric cars, etc, etc. I don’t know what Bitcoin can be used as except for trading them.”

- Source, Daily Hodl

Jim Rogers: We're Going To Have A Collapse, What You Should Do

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.

- Source, I Love Prosperity