Jim Rogers in the longer term the Dollar is finished but I am not selling it right now

Jim Rogers for DAF on 2010-10-05 Warning of March

Jim Rogers : Gold has been going straight up , most things that go straight up eventually have to rest for a while , may beit while go up few point higher but I suspect it will rest soon , But over the long turn Gold is going to go much higher , do not sell your gold...
I said by 2020 (Gold) will be at least $2000 dollars an ounce so it is not so much you have $1300 today , yes sure I think it will go to $200 may be before that , may be much higher than that , if Gold goes to its old high adjusted for inflation it should be well over $2000 now , so gold got much further to go ....
for me if I had to buy a precious metal today I'll buy silver , silver is down 60 percent from its all time high , gold is making all time highs , I am sure your parents taught you to buy low and sell high , so silver is probably better !!!!
Sugar is just another agricultural product which is very depressed over its all time highs , Rice is probably even better these days , most agricultural products are extremely depressed on a historic basis , so just get on the list and look at them you'll see sugar is down a lot , rice is down a lot there are plenty of opportunities in agriculture ...you if i were you I'll go back to Germany and become a farmer , because farmers are going to be much more prosperous than anybody else over the next twenty years ....
The surprise with oil is how high the price is going to stay and how high it is going to go the world is running out of known reserves of oil , may be there is a lot of oil out there but we do not know where it is if it is there...so oil is going to stay high and go much much higher , Oil is going to be much higher over the next two decades ...
Regarding alternative energies Jim Rogers says : if you could find a well managed company , you can invest in it now ...alternative energy has a great future I am explaining to you the oil reserves are going down prices will be going higher and politicians love alternative energy because they say it's clean they say it is wonderful for the environment etc etc...if you could find a sound company at a cheap price then you should buy it now , you will do very well...
regarding the Us equity market Jim Rogers had this to say : no all that's already in the stock market , this is already October , the election is in November the earnings are coming out , no no you have to worry about march and April of the next year , whatever happens this week or the next week is not important for the stock market it is what's going to happen in April , you have to look to the future worry about next year , that's what i am worried about and you should be too ...yes the recovery is pretty slow...as you can see America is not doing terribly well , Germany seems to be doing a little better than America as far as recovery is concerned , Asia is doing better , America is lying behind , but America it's got horrible problems , terrible problems ..the stagering amount of debt in this country and they are not taking the right policies to solve our problems , they're building up more debt ...I cannot believe that they could say the solution to too much debt too much spending , is more debt and more spending ?! but that's what they're saying ! ...now this is insane if you ask me , and that's why America is falling behind and Asia continues to doing well...
I am not buying stocks anywhere right now , I bought a few in Malaysia recently but i am not buying stocks anywhere for the most parts because in my view I do not know what's going to happen to the economy , if the world's economy gets better commodities are going to do well because of the shortages , if the world economy does not get better i wanna own commodities because governments gonna print money , that's bad but they're gonna do it ...that's all they know , and if they print you'll better off owning real assets silver rice natural gas that's where you'll make money , if they print money even if there is a bad economy so either way i think i am going to be better off in commodities than in stocks ...
well longer term the Dollar is finished , I mean the dollar is a terribly flawed currency however right now everybody is pessimistic it's been going down for several weeks , everybody is pessimistic including me so I wouldn't sell it when I see everybody very pessimistic about something it's usually time to buy if nothing else for a rally so I wouldn't sell the US dollar right now , I am not buying it that's cause I own some but i expect it to probably rally , but in the long term ...it is not good news.......hang on to your silver hang on to your gold ...hang on to your rice ...

Chinese Investors Scooping Up US Real Estate

Wed. Oct. 13 2010 | Joint Treasurer International, a Chinese investment group, is buying US real estate again, and they're starting in Beverly Hills. CNBC's Jane Wells has the story.

Jim Rogers: Federal Reserve Will Implode

by Robert Wenzel
Economic Policy Journal

Last night at the Mises Institute in Auburn, Alabama, author, investor and global traveller, Jim Rogers, was awarded the prestigious Schlarbaum Prize for the lifetime defense of liberty.

Rogers told attendees to the event that the United States has had two central banks prior to the Federal Reserve and that they both disappeared. He said he fully expected the same thing to happen to the Federal Reserve. He charged that Ben Bernanke as Fed chairman only knows how to print money, and that this money printing policy of the Fed will cause it to collapse from within.
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Jim Rogers, Buy A Tractor and become a Farmer

Jim Rogers : “It’s been a horrible business, [agriculture], for 30 years. Very few people have invested in agriculture. Many countries don’t even have farmers anymore because they’re all old men. In Japan, they cannot find farmers because the old men have died and the kids have gone to Tokyo or Osaka. So the basic point is, there is just no investment in agriculture for 30 years… Look at the things that are cheap. Gold is making an all time high, silver is still 60% below it’s all time high. So if I were looking at a precious metal I would look at the places that are still cheap. I own gold, I own silver. Look at the things that are still down, that’s probably a better way to start.”

Jim Rogers : Silver is still 60% below its all-time high

Jim Rogers recommends Gold and Silver

Jim Rogers : “If I were to go to precious metals, I would rather look at silver than gold. Silver is still 60% below its all-time high,” “Buy yourself some silver chopsticks or some silver cutlery and buy yourself some rice, and you will be very rich in five or 10 years.”

Gold is going to go a lot higher over the next decade. It may slow down for a while because it’s run up so dramatically here in the last few weeks. But gold’s going to be much higher,” Rogers said recently

“Adjusted for inflation it should be well over $2,000 now. When I say something like it’s going to 2,000 in 10 years it’s not a very dramatic statement given the state of the world. I’m sure it’s a given,” he added.

Stephen Roach, Do not Blame China for America s Problems

Stephen Roach, QE Wont Work
Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC's Chloe Cho why, as well as if capital controls will help or hamper the global recovery.

El-Erian, Insight on the markets

Airtime: Tues. Oct. 12 2010 | 8:40 AM ET

Insight on the markets, with Mohamed El-Erian, PIMCO.

U.S.-China Relations Dominate ASEAN Defense Meeting

Analyst Matt Gertken examines the Oct. 12 ASEAN defense minister's meeting, spotlighting Chinese assertiveness and U.S. re-engagement in the region.

Jim Rogers awarded The Schlarbaum Prize 2010

Last night 09 October 2010 at the Mises Institute in Auburn, Alabama, author, investor media icon and global traveler, Jim Rogers, was awarded the prestigious Schlarbaum Prize for the lifetime defense of liberty.The prize carries with it a $10,000 cash award. The prize has been given since 1999.Jim Rogers has been a constant media presence for many years, accurately predicted the current boom-bust
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Jim Rogers and Mike Gravel eCongress Panel 10/14/2010

eCongress Panel 10/14/2010 with CNBC's Jim Rogers & Mike Gravel - eCongressNow v2

http://econgressnow.com - Jim Rogers & Mike Gravel will be discussing eCongress on Thursday, October 14th from 12:30 to 1:30 PST / 3:30 to 4:30 EST which you can view online or in person at the Santa Monica Public Library as they take part in the panel discussion "eCongress: Path to economic prosperity & peace."

What is an eCongress?

It's relocating US Representatives to our Local Districts, US Senators to our State Capitals & State Representatives and State Senators to our City Halls & Courthouses to securely telecommute for 75% of their terms.

It's a simple solution to realign the Balance of Power, scale back partisanship, curb lobbying, reduce corruption, increase cost effectiveness, and improve national security in this country.

You can watch live by going to http://econgressnow.com the day of the event.

The panel discussion will be taking place in the Martin Luther King, Jr. Auditorium at the Santa Monica Public Library which is located at 601 Santa Monica Boulevard.

This event is free, but seating is limited so please RSVP in advance to guarantee a seat.

Help spread the word!

More info at http://www.bringhomethepoliticians.com

Jim Rogers : Why Gold will continue to Rise

Jim Rogers - Gold to $2000 in 5 to 10 Years, Silver is an even better investment

Jim Rogers :"one reason gold will continue to gain is because of what he called the failed policies of the Federal Reserve, its Chairman Ben Bernanke, as well as Treasury Secretary Geithner and other government officials"
"They've all been dead wrong, totally unadulterated wrong," "Unemployment is higher now than it was before. Everything is worse instead of better. Let people go bankrupt. Let the system clean out and start over."
"If the world economy gets better I'm going to make money in commodities," Rogers said. "If the world's economy doesn't get better I'm going to make money in commodities, because the Fed is going to print money." and Rogers added that silver may even be a better buy now than gold because it is well off its historical high, while gold has been setting a series of new peaks lately. Rice will do well among soft commodities ,Jim Rogers always been very bullish on commodities and especially agri-commodities advised the CNBC journalist to go and get a farming degree ....

Jim Rogers Gold Could Exceed $2,000

Jim Rogers, long known as "The Commodities King," tells CNBC gold could cross $2,000 an ounce in the next five to 10 years.

Jim Rogers: Markets Soaring But the World Is Worse Off

Jim Rogers: 'Markets Soaring But the World Is Worse Of

Jim Rogers: 'Markets Soaring But the World Is Worse Off'

By 2012, the US will be overdue for another recession, Rogers says. He points out that the government can't quadruple its debt again. "We're going to have a serious problem the next time we have a slowdown," comments Rogers.

The investor believes a bubble is forming in the bond market. He is bullish on rice and sugar and still believes agriculture has a wonderful future for the next 5-15 years.

"Gold is going to go a lot higher over the next decade," says Rogers. He wouldn't sell his US dollars right now, as everyone is pessimistic on the dollar. "I have found in life, it's better to be a contrarian than not be," Rogers says.

"If the world economy gets better, I'm going to make money in commodities. If the world economy doesn't get better, I'm going to make money in commodities because they're going to all print money."

Printing money, Rogers argues, is the wrong thing to do. He expresses how dead wrong Fed chairman Ben Bernanke has been. According to Rogers, the best opportunities now lie in commodities.

Jim Rogers : Protect yourself with Hard Assets

Jim Rogers Markets Soaring "But the World Is Worse Off,"

Jim Rogers : "Silver gold Inflation Money printing, Central banks around the world are going to print money until we run out of trees , it's outrageous what they are doing , they think they are doing the right thing , I know they are not doing the right thing , protect yourself with hard assets ....right now gold has been moving straight up , I do not like to jump on a moving bus but I am not selling my gold.. gold may go up a few dollars but it may have few corrections Gold may correct for a few months but the gold bull market is not over yet far from it ...I am much more bullish on agriculture than I am on Gold I own bot as a matter of fact what you should do is become a farmer farming is going to be a great great profession in the next two or three decades that's where the money is going to be made.... "When you print a lot of money, the people who get the money are better off -- there's no question about it. But the country, the world is worse off," Rogers says. "Sure some of us feel much better, especially people in the financial markets but...the world is not getting better. The world is getting worse."....

China offers to buy Greek debt; vows double trade in 5 yrs

ATHENS, GREECE: Chinese Premier vowed Saturday to double trade with Greece within five years, and to buy Greek bonds when the crisis-hit country returns to international markets.

Wen started a weeklong tour of European countries in Athens, heading a delegation that signed 11 private business deals and two state cooperation agreements for trade and cultural affairs.

``When Greece is in trouble, China will help _ that's when real friendship matters,'' Wen said after meeting Prime Minister . .
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Jim Rogers - Silver is 85 % under its all time high - October 2010

Jim Rogers - Silver is 85 % under it´s all time high - October 2010
Jim Rogers :"I just got to say that if I were to go to about precious metals, I would rather look at silver than gold. I own gold and I own silver, but silver is still 60% below its all time high. Gold is making all time highs. So it is usually better to buy low and sell high. I am not selling my gold. Gold will go over $2000 an ounce certainly in the next 5 to 10 years. But silver - on a percentage basis - will probably go up even more during that period of time. "

China offers to buy Greek debt

China has offered to buy Greek government bonds, in a show of support for the country whose debt burden pushed the euro zone into a financial crisis.

Wen Jiabao, the Chinese prime minister, made the offer before Greece's parliament on Saturday at the start of a two-day visit to the country.

But his offer has also called into question China's own financial policies.

Danny Gabay, Deflation Biggest Concern in Global Economy

Oct. 4 (Bloomberg) -- Danny Gabay, managing director of Fathom Financial Consulting, talks about the company's quarterly global economic forecast and asset allocation. He speaks with Maryam Nemazee on Bloomberg Television's "Countdown."

Jim Rogers sees currency turmoil in the next few years

Jim Rogers : "The way I see the world, there is going to be a lot more currency turmoil in the next few years. So I am mainly playing currencies and commodities going forward. I have a few shorts. I have sold a few things short mainly in the United States, but I do not see a lot of great opportunities in the stock market.

Let’s put it this way: If there are great opportunities in the stock market, the opportunities will be better in commodities because the shortages are worse in commodities. If the world does not get better, which it may not, then you should better off owning commodities because after all, governments will continue to print money and throughout history when government has printed a lot of money, it has led the higher prices for commodities.

So either way, my way to play this is through commodities. Buy yourself some or some rice or some natural gas, look at the things that are very cheap and maybe you will do well - no matter what happens to the world economy. "...

in www.economictimes.indiatimes.com

Jim Rogers : Sugar is going to go much higher over the next few years

Jim Rogers : Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years. So there is lots of money to be made in sugar unless your government does something foolish again.
in www.economictimes.indiatimes.com

Jim Rogers sees money in Alternate Energy

Jim Rogers : "There is enormous potential in alternate energy. The world needs new energy sources. Some day I will come to Mumbai and I am going to see windmills on all the roofs or solar panels on all the roofs, but some day is a long way from now. But if you can find good companies in the shale gas or in the windmill business or in the solar panel business, you will probably make a lot of money because it has a great future. Oil reserves are declining, energy usage is rising. Find somebody who can produce relatively cheaply alternate energy and you will make a fortune. "
in economictimes.indiatimes.com

Jim Rogers Expect gold to cross $2000/ounce in next 5-10 years

Jim Rogers I am mainly playing currencies and Commodities

Click here to watch the Interview >>>>

Jim Rogers : "Some people are getting better, some sectors are getting better. Governments have been pouring gigantic amounts of money into the market and the people who get that money are obviously better off and they think that things are better and they are better. But overall, the situation continues to deteriorate, unemployment goes higher, the debts are staggering in the West anyway. So the whole world is going to have more and more horrible problems in the future. .."
"Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years. So there is lots of money to be made in sugar unless your government does something foolish again. "..

Jim Rogers warns equities could collapse; Bubble forming in bonds

28 Sep 2010 Alana Crisci

Investment guru Jim Rogers warns stock markets could collapse if the global recovery fails to reignite and is urging investors to turn to commodities.
jim-rogers

Rogers, who launched the pioneering Quantum fund with George Soros in 1970, believes the commodity market could continue to thrive irrespective of the eventual path of the world economy.
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Robert Prechter, Dow to Fall Below 1,000; Closing in on Second Leg

CNBC—Sept. 27, 2010--Robert Prechter, president of Elliott Wave International, tells CNBC he's extremely bearish on the market and expects the Dow to fall below 1,000 within the next six years.

An International Currency War Underway?

Sept. 28 (Bloomberg) -- Daniel Tenengauzer, head of emerging-market currency and rates strategy at Bank of America Merrill Lynch, talks about the proliferation of nations using devaluation to solve economic woes. Brazilian Finance Minister Guido Mantega said yesterday that a "currency war" is underway. Tenengauzer speaks with Erik Schatzker on Bloomberg Television's "InsideTrack."

Jim Chanos Shorting For-Profit Education Stocks

Chanos Says He's Shorting For-Profit Education Stocks

Sept. 24 (Bloomberg) -- Jim Chanos, founder of Kynikos Associates, talks about his decision to short shares of for-profit education companies. Chanos talks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (This is an excerpt of the full interview. Source: Bloomberg)

Japan-China Relations Strained After Boat Captain Incident

In the wake of the detained fishing boat captain episode, Japan-China relations are stressed.

Jim Rogers : Gold bull market has a long way to go

http://community.nasdaq.com/news/2010-09/gold-bull-market-has-a-long-way-to-go-jim-rogers.aspx?storyid=36878#ixzz10SJ3gIhB

Singapore - Global commodities investor Jim Rogers says gold's rally and record prices are a sign that money printing is starting again and the gold bull run is far from over.

"The US has been giving the signal that it is going to print more money and Japan has recently said they are going to print more money - what is happening is that money printing is starting again and the market knows it," he told Kitco News in an exclusive interview on Wednesday.

Gold on Thursday extended the record highs hit just three days ago. Comex December gold peaked at $1,279.50 an ounce early Thursday, a record for any most-active contract. Spot gold hit a record high of $1,278.90.



Read more: http://community.nasdaq.com/news/2010-09/gold-bull-market-has-a-long-way-to-go-jim-rogers.aspx?storyid=36878#ixzz10SoN0gFF

To Watch  Video Interview>>>

Jim Chanos, Chinese Economy Next Enron

Sept. 21 2010 | Why the entire Chinese economy is the next Enron, explains James Chanos, Kynikos Associates.
Jim Chanos : in China it is all about the numbers , they show you the numbers they want you to see ....60% of the GDP is based on building , so they have to keep on building in order to keep the numbers...

China in No Hurry to Let Yuan Rise

Sept. 22 2010 | While China intends to let the yuan appreciate, it is in no hurry to do so, observes Chong Yoon-Chou, Investment Director Aberdeen Asset Management. He shares his views and investment strategy, with CNBC's Bernard Lo.

China Not Ready for Large Scale Yuan Appreciation

Sept. 23 2010 | “There are lots of reasons for trade imbalance or surpluses and currencies is one of them,” Alexander Feldman, president of US-ASEAN Business Council told CNBC.

Jim Rogers on Double dip recession

in The Telegragh
Jim Rogers, the market sage, has warned the global economy is just two years away from another recession, but remains ill-prepared to cope with the after-effects.

Jim Rogers is predicting new recession in 2012.. So sayeth the Telegraph in a brief overview of his recent comments to CNBC:

"Mr Rogers, the respected currency trader and hedge fund pioneer, cautioned that when the downturn takes hold "the world is going to be in worse shape because the world has shot all its bullets."

Speaking in an interview with business television channel CNBC, the septuagenarian investor said that "since the beginning of time" there has been a recession every four-to-six years, and that's mean another one is due around 2012..."

China Property Debate Bull Vs. Bear

While Shaun Rein, managing director at China Market Research Group and Andy Xie, independent economist, agree that China is an easy scapegoat amid rising political pressure in the U.S., the two disagree on whether China is facing a real estate bubble. They speak to CNBC's Bernard Lo.

Jim Rogers : Cautious on markets at current levels

http://economictimes.indiatimes.com/Interviews/articleshow/6600915.cms

In an exclusive interview with ET Now, investment guru Jim Rogers says his way of playing is to be long commodities because whether the world gets better or not, commodities are going to do well. But he does worry about stocks because the stock markets are currently pretty high around the world, including India.

Would you be cautious on the Indian markets at the current levels or does everything seem to be hunky-dory?

I am always cautious whenever I am doing anything. The US and the Japanese central banks are intended to print a lot more money around this time. Money supply in the US has grown nearly 8% a year in last months and the Japanese two weeks ago made it clear that they were going to print more money. So we have this money flowing into the world and obviously it is going into the market. Your government, your central bank are going to be more cautious and I hope they are, but in the meantime, the money is going to go somewhere and it is going into stock markets around the world.

Read Interview >>>>

China and Japan Diplomatic Crisis

September 21, 2010
China has broken off all high-level contact with Japan until it agrees to release the Chinese trawler captain who has been detained for almost two weeks.

Jim Rogers : the Gold bull market got a long way to go

Jim Rogers there is no Gold Bubble yet

Click here to watch the interview >>>>>

In an Interview with kitco.com on 15 September 2010 , Re-known Investor Jim Rogers said that he does not believe that the Gold is in a Bubble cause most of the people still do not own Gold....Jim Rogers :" Buyers are more anxious than the sellers , The US has been giving the signal that it will print more money and Japan has recently said it is going to print more money .., what's happening is the money printing has started again and the market knows it I am not the only one who watches kitco news...regarding what will take the Gold bubble to form Jim Rogers says : what it will take is gigantic amount of buyers and price increase that goes through the roof , if you look back at previous bubbles back a year or two at historical bubbles , people just become hysterical it doubles triples quintuples , it is staggering what happens at the end of a bubble ...most people still have not invested in gold and Silver and other things as you probably know , few months ago i made a speech to 300 , 400 big time international money managers from all over the world and the moderator , I did not know why he asked , but he asked how many of you have ever owned gold 74 percent of the people in the room have never owned gold much less Silver or soy beans or Goodness knows what else ...so can see that most people still do not own Gold , first time in 2010 the central banks are probably going to be net buyers and that has not happened since 1988 , 22 years and eve the net buying is not going to be very much it is going to be small...everybody is going to be buying more gold , and yes more Asian banks are going to be buying more Gold , Bangladesh just bought some last week ...we are going to see more of it ...it is not the way people are supposed to invest and what they do is when they see something moving and they want to jump on and the more it moves the more they want to get on ...so the Gold bull market got a long way to go


source : http://www.kitco.com/KitcoNewsVideo/kitco_news.htm

The Yuan appreciation and expectations

Sept. 20 2010 | “I think we’re shaping ourselves up here for a big clash on the yuan issue because we are expecting a slowdown in exports, yet the outside pressure for the Chinese to actually do something is rising,” Frederic Neumann, co-head of Asian economic research at HSBC told CNBC, after a Chinese government official said China must curtail yuan appreciation expectations.

Jim Rogers on Gold highs and currencies

Jim Rogers : "gold is making all time highs in some currencies. So some currencies are doing well during this period of time. But to your bigger question, if the world economy gets better then obviously commodities are going to do better because the world would use more and there are shortages developing. But let’s assume the worst, let’s assume the world economies does not get better, the things continue to get there, then I would rather be in commodities in most things because governments are going to print even more money and whenever you have had printed money throughout history, it has led to higher prices for real goods whether it is silver or natural gas whatever it happens to be. So I would rather own commodities than most things in the world that we have in the next two or three years. "
via economictimes.indiatimes.com

Jim Rogers Bullish on Agriculture commodities

Asia will drive agriculture commodities higher

Jim Rogers : "There`s 3 billion people in Asia and most of them have not had a very good standard of living in the past 200 years. That is changing and changing very rapidly. They are going to eat more, they are going to wear more clothes."

Soros: China the winner after The Financial crash

Sept 15 - In an exclusive interview with Chrystia Freeland, George Soros says that China is the winner after The Financial crash rising very rapidly because the west is sinking the shift of power is phenomenal I have never seen anything like it and I think it is difficult to find a parallel Soros explains ,because for the rise of a new power it takes decades and it is happening here in much shorter time...this is a very difficult relationship to manage but it is very important that it should be managed because the world can't afford the world economy falling apart...so great tensions and particularly with regard to the currency , because basically China has been so successful because it discovered a fabulous machinery , fabulous mechanism for scheming the surplus value of Chinese labor to the benefit of the state it's the undervalued currency , it is like taxation except that it is not taxation because people in china work very hard trying to get rich then their labor is harvested sort of to speak through an undervalued currency for the benefit of the state and that is what made China so successful..........

Robert Shiller, Nothing in the financial reform bill can prevent another housing bubble

Nothing in the financial reform bill can prevent another housing bubble, Robert Shiller, a Yale economics professor and co-creator of the Case-Shiller housing index, tells CNBC.