I have moved as many of my assets out of the US as I possibly can because I expect serious exchange controls in the foreseeable future there

Jim Rogers : I do expect Exchange Controls more exchange controls they ae already in some countries like Brazil as you probably know , so I would certainly expect exchange controls in the US , I have moved as many of my assets out of the US as I possibly can because I expect serious exchange controls in the foreseeable future there , they are only going to make the situation worse but that's what the politicians always throughout history throughout the world have resorted to , so yes we are going to see more exchange controls , again I just do not have my money trapped in any countries that have them .. - in TMRN Time Monk Radio - 2011-08-21




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Brazil and Africa to become the food baskets of the world

Legendary Jim Rogers said that we are suffering from a shortage of farmers and that great fortunes are going to be made in farming in the next decade cause the prices are going to be so high , he suggested moving to Brazil or Africa to start a farming business these are the places that have all the conditions to become the new food baskets of the world .: "....The water table in the south west I am told by people who claim they know is under terrible stress and within a decade there are not going to be agriculture in the south west because the aquifer is draining so fast , we do have some excess land in the US which can be brought in production but we are not what we used to be we are not Brazil for instance , Brazil has huge amount of land which can b brought into production , Africa has huge amount of land that can be brought into production , and so if you want to be a farmer or if you want to marry a farmer I would suggest going to Brazil or Africa or some of the places where the fortunes are going to be even bigger and better , there are a lot of women farmers too , so guys who are looking for a rich and smart wife that's the place to go..." - in TMRN Time Monk Radio - 2011-08-21




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

How do trend followers invest in turmoil

Jim Rogers : "There are plenty of reasons for the market to go down, nothing to do with S&P. If it does turn out into a selling climax I will cover some of my shorts or all of them because that sort of action usually leads to a reversal at some point".



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Commodities are easier to understand than stocks

Jim Rogers : The best thing you can do as an investor is do nothing most of the time unless you are a day trader or short term trader , most fortunes are made by guys who wait until they find something that they know is a sure thing or nearly a sure thing and then they jump in with both feet I will urge people to do the same thing with commodities , mistakes people make in the commodities are nearly almost the same mistakes people do in anything but I urge people to understand , if you do your home work commodities are easier to understand than stocks - in TMRN Time Monk Radio - 2011-08-21




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Investing in an index is the best way to invest in Commodities

Jim Rogers : You make more money in futures trade as you know because of the leverage you only have to put down 5 or 10 percent and you can buy huge amounts of most commodities you cannot do that with stocks or ETFs , having said that , if you understand specific commodities ETFs or away I presumably talk about ETFs on specific commodities then yes but I will quickly add to it the study shows that most people are better of investing in indexes no matter what the asset class as you well know passive investing outperforms active managers 70 or 75 percent at a time year after year after year , for most people if they decide to invest in commodities having done their homework investing in an index is the best way to invest but that's true of stocks bonds currencies and everything else - in TMRN Time Monk Radio - 2011-08-21



 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

The only areas of the world economy that are going to be dynamic are natural resources

Jim Rogers : Unless you know something I don't know, yes, absolutely. The only areas of the world economy I see that are going to be dynamic are natural resources; farming is going to be one of the best professions of the next 10 or 20 or 30 years. - in BBC



 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

China should have opened its currency to make it a convertible currency

Jim Rogers : Yes, China has got some problems and they will continue to have problems. Fortunately, they realized the problem. They are trying to cut back on the inflation. They have made some mistakes too. They should have opened their currency to make it a convertible currency. The fact that it's not convertible and all that money trapped in China is just adding to the inflation. So yeah, they are making mistakes too. Still, I'd rather be with the creditors than with the debtors any day.
 



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

The largest creditor nations in the world now, are China, Korea, Japan, Taiwan, Hong Kong, Singapore.

Jim Rogers : Absolutely, aren't you? Listen to the BBC and you will hear what's going on in the world. The 19th century was the century of the UK, the 20th century was the century of the US, the 21st century is the century of China, of Asia, Justin. I mean, here is a simple fact. The largest creditor nations in the world now, Justin, are China, Korea, Japan, Taiwan, Hong Kong, Singapore. Those are all Asian countries. This is where the assets are. This is where the energy is, the dynamism is. You know who the debtors are and where they are. - in BBC News



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

it is physically, humanly impossible for the U.S. to ever pay off its debt

Jim Rogers : It seems to me it's physically, humanly impossible for the U.S. to ever pay off its debt," "They can roll it over and continue to play the charade, but the U.S. is bankrupt." - in CNBC 


 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

do not get an MBA and go to Wall Street, go and get a farming degree and move to Asia.

Jim Rogers : Because you asked where the best areas of the world economy are going to be, that's where the shortages are developing. In the 1970s, most of the world's economies were in the tank, but commodities boomed. Justin, we had one of the great world markets of history in commodities for about 15, 20 years in the '70s, between the '60s and the early '80s in commodities, because we had huge shortages everywhere and because governments everywhere printed money. Well, governments are printing money again. It's a wrong thing to do Justin, but that's all they know to do. So between shortages of supply and money printing, if you want to be in the dynamic parts of the world economy, don't get an MBA and go to Wall Street, go and get a farming degree and move to Asia. - in BBC News




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : Farming has been a disaster for 30 years

Jim Rogers : Farming has been a disaster for 30 years, Justin. The average age of farmers in America is 58 because it's been such a horrible business. The average age of farmers in Japan is 66. In Australia, it's 58. I could go on and on. In 10 years, those farmers are going to be 68 if they are still alive. Justin, we have huge shortages developing in agriculture and great fortunes are going to be made by the people who address those problems. - in BBC News   
 

Click Here to Watch the Full BBC News interview >>>>>

 

 

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : Expect more sell-off in the next couple of years

Jim Rogers on NDTV Indian TV : The world is realizing that we have serious problems in the world we had a little charade in America a charade in Europe and now the world is realizing e got problems and the people are starting to face reality ...this is not a one day thing this has been building for a while people have been worried about markets if you look around the world you see that people have been worried about stock markets for a while , commodity markets have been doing better but at the moment everything is going down because everybody is afraid of everything ...in the next two years or so we are going to see more terrible sell-off (than in 2008) because the world is in terrible trouble , America has quadrupled its debt in the last three years the overall situation around the world has gotten worse not better ....


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : we wont see a Gold backed Yuan anytime soon

Jim Rogers : I do not think that will happen any time soon , it may happen if and when the world really sinks into a terrible crisis we certainly have more of these semi crisis coming in the future but at some point may be the world is so in catastrophe that it will reach for gold I do not see anybody doing that any time soon , gold does impose restrictions on politicians , if it happened it would be because the people insisted on something like gold , it probably will come a time like that again but I am afraid it won't be anytime soon....- - in Time Monk Radio - 2011-08-21


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

If the COMEX collapses we are going to have Civil War

Jim Rogers on TMRN Time Monk Radio - 2011-08-21

Jim Rogers : If the COMEX collapses it is going to be social unrest civil war and war...we already started Quantitative Easing they are trying to disguise it they do not want to admit that they are doing it , but they have announced that they are going to keep interest rates low for two years the only way you can do that is to interfere in the market or go into the market and keep rates down you can't just say it out loud it does not make it happen so they are already in the market trying to keep interest rates down , because interest rates are eventually going to go much higher after all this absurdity now even if they have announced something I am sure they will try to continue to disguise it and call it something else they have already fooled a lot of people with this most recent announcement



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Greece should stay in the Euro

Jim Rogers : "Greece should stay in the euro, but make them go bankrupt, make them stop spending, make the people who lent the money to the wrong people lose money,"



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

I would not buy the Euro now but I am certainly not selling it

Jim Rogers : "I wouldn't buy the euro now but I am certainly not selling it as I expect it to go up,"  "If you want to buy a currency I would rather buy the dollar today of those two but I am not doing either." - in Reuters




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

I would not be buying stocks. Stocks are going to be, at best, in a trading range for years to come just as they were in the 1970s

Jim Rogers : Well, I am short emerging markets. So I do know emerging markets have been going down quite a lot for a while as you know. Last time we spoke, I told I would short emerging markets and I am also short American technology stocks. If the market crescendos and as the selling climax is weak, I will have to cover, but if I buy something I would buy agricultural commodities. I would not be buying stocks. Stocks are going to be, at best, in a trading range for years to come just as they were in the 1970s. - in ET Now
 



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

I do not expect Gold to crash

Jim Rogers : They (the commodities ) are moving at all-time high records. Do I expect gold to crash? No, I don't expect it to crash, although I see it coming down; Crude oil has come down quite a lot. I expect it to rally soon just like everything else. The world is running out of known oil reserves and unless we discover a lot of oil quickly, it will be all about how high it stays and how high it goes. Oil is going to be much higher over the years.



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

India has the most beautiful women in the world

Jim Rogers : India has the most beautiful women in the world and worst netas (leaders). - in commodityonline.com 



 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Bernanke is a great contrarian Indicator

Legendary investor Jim Rogers was interviewed by John Authers on the FT's 'Long View' 13/5/11   Jim Rogers : there was very little investment in productive capacity going on for thirty years now , the same time when demand was going up and even if demand did not go up supply is going down always lead to a bull market always has this guy Bernanke , you should do an expose I 've never seen anybody who was wrong in everything he said for 8 years , it is astonishing , a few people like that he is a great contrarian indicator

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : there is nothing wrong with immigrants they have ambition and drive , they are always good for a country

Jim Rogers : look at America it became a huge and successful country because it was open to immigration brains to ambition and to capital and to new ideas ,nearly everybody in Australia is an immigrant I would open the doors even more , there is nothing wrong with immigrants they have ambition and drive , they are always good for a country , you are an immigrant everybody in your family is an immigrant look what 's you have done for Australia - in ABC Australia
 



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Singapore is the greatest success story in the past 40 years for a country

Jim Rogers : “Singapore is the greatest success story in the past 40 years for a country,” “If Singapore closes up, it’s the beginning of the end.”  - in an e-mail to Bloomberg on Aug. 17



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

If I buy something I would buy agricultural commodities

Jim Rogers : Well, I am short emerging markets. So I do know emerging markets have been going down quite a lot for a while as you know. Last time we spoke, I told I would short emerging markets and I am also short American technology stocks. If the market crescendos and as the selling climax is weak, I will have to cover, but if I buy something I would buy agricultural commodities. I would not be buying stocks. Stocks are going to be, at best, in a trading range for years to come just as they were in the 1970s. - in ET Now




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Some real estate investors in Shanghai are going to go broke

Jim Rogers : "Is it going to be fun? No, some real estate investors are going to go broke in Shanghai and other parts of China. But that's not the end of the world, that's not the end of the Chinese economy. Things may slow down but China's not going to fall off the face of the world."   - in a recent interview with Reuters Insider.


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : Europe should accept Reality

Jim Rogers on Fox Business News - 17 Aug 2011

Jim Rogers : we are going to default someday I've said and there are many ways to default you can give people worthless paper you can pay people back but if you give worthless money that's defaulting there are a lot of ways of defaulting without actually refusing to pay your debt , we are the largest debtor nation in the history of the world .... not anytime soon what will probably happen first the currency will continue to be debased , Mr Bernanke is out there printing money as fast as he can he will start printing at even faster again , you saw what he said , he said he is going to keep interest rates at very low for two more years , Laure the only way you can do that is to manipulate the market to be popping money into the market you can't just say it I am going to do it you have to do something , so he continuing to printing money he will debase the currency and all the people who own bonds will get back paper money that will be worth less .... and regarding Europe Jim Rogers had this to say " Laure the only way out of this is to accept reality , people who are bankrupt let them go bankrupt stop trying to deny reality , in the early 1990s the Japanese did this they refused let anybody fail they propped up zombie banks and zombie companies and 21 years later they still have a problem , The Japanese stock market is down 75 percent actually 80 percent from where it was 21 years ago this is not going to work let people fail and start over ....



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : Geithner is almost as bad as Bernanke

Jim Rogers :  I was on your network on February 2009 explaining to you that Mr Geithner did not know what he was doing and that soon the whole world and Mr Obama will find out too , nothing he has done has ever been right in 15 years , he is almost as bad as Bernanke ....he should not have gotten the job in the first place , please be serious ....- in Reuters
 


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Oil is going to be much higher over the years

Jim Rogers : They ( Commodities ) are moving at all-time high records. Do I expect gold to crash? No, I don't expect it to crash, although I see it coming down; Crude oil has come down quite a lot. I expect it to rally soon just like everything else. The world is running out of known oil reserves and unless we discover a lot of oil quickly, it will be all about how high it stays and how high it goes. Oil is going to be much higher over the years.


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : the UK should be downgraded too

Jim Rogers : The US has been downgraded and countries like the UK that has very high debt will have to be downgraded too. You can't have the UK as triple 'A' and the US as not a triple 'A'. You need to be asking S&P or Moody's why they haven't got around doing that. I don't think, the European countries deserve their rates. - in The Economic Times




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Where Jim Rogers is investing his money ?

Jim Rogers : "I am long commodities, especially agriculture and precious metals, but I'm long all commodities. I am long some currencies. I am short emerging market stocks. I am short American technology stocks. I'm short large, international banks. I'm short government bonds… That's where my money is. Who knows if I'm right." - in LewRockwell.com

 






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : banning short selling was a ludicrous waste of time

Jim Rogers : America banned short selling Fannie Mae still went bankrupt Freddie Mac still went bankrupt , Lehman Brothers still went bankrupt AIG still went bankrupt , banning short selling was a ludicrous waste of time - in FOX Business News 12 Aug 2011





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : in the US the emperor has no clothes

Legendary investor Jim Rogers was interviewed by BBC on 11 August 2011 : Jim Rogers : it is about time we lose faith in the policy makers because they were dead wrong , these are the people who got us into these situations and now we are realizing they do not know what they are doing you look at the central bank in America dead wrong about everything for several years , you look at the secretary of the treasury of the US , last two secretaries of the treasury , everything they have said have been wrong and the markets are catching up , you can puch the can down the road , and eventually people will say wait a minute these guys do not know what they are doing , the emperor has no clothes , in the US anyway the emperor has no clothes Mister Bernanke has been wrong for 400 weeks now and the market is catching on Mister Geithner has been wrong for 16 years in a row so now we all catching on to this , they are not going to get it right we will continue to have more turmoil and economic slowdowns for the next few years ....

Click here to watch the Full BBC Interview >>>>>>

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : We are seeing a collapse; panic selling but that always leads to a rally

Jim Rogers : We are seeing a collapse; panic selling but that always leads to a rally and we will have a rally. But is it real? I do not think so. The world still has serious problems. - in the Economic Times 


 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I will support Ron Paul in the coming elections

Jim Rogers : I rarely ever pay attention to them , I will vote but I won't pay too much attention to them because I know they are pretty hopeless , however in this election if Ron Paul get anywhere near nomination I will certainly support him , he is the only one that I am seeing in American politics that seems to have a clue of what's going on ......



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : The Ban on Short Selling is bad for the Market

Jim Rogers on FOX Business News 12 Aug 2011

Jim Rogers : we had a little bit of a panic last week , I am not convinced it is over yet the market may rally for a while , but no we have more bankruptcy to come we have we have more problems coming over the next couple of years .....whenever you interfere with the market you make things worse not better , I mean last time around even the Americans realized banning short selling make things worse it does not make them better , fortunately this ban in Europe is only for few days or at least they say it is , but short selling is good for the markets anybody who knows that knows that it helps market in the long run ...... If you look at Japan for instance in the 1990s they said we are not going to let anybody fail they had a lost decade in the 1990s and now they have had two lost decades the Japanese stock market is down 75 percent Liz from where it was 21 years ago , this idea that we could just put things out to the future and prop everybody up , you remember the term zombie banks , zombie companies , David is exactly right it does not work it makes things worse in the long run ....Scandinavia had a similar problem (as Japan ) they let people to go bankrupt they forced people to go bankrupt , they had a horrible two or three years years a horrible two or three years but since then Scandinavia had a great boom , Sweden for example is one of the best countries in the world for 15 years , you have to wipe out fail that's the only way you reorganize you start over , it is not fun but having 21 years of lost decades that's less fun .....


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : America will certainly default

Jim Rogers : “There are many ways to default. You can put on exchange controls. There’s lots of way to default and America will certainly default. Whether there’s ever a day where America says we won’t pay our bills, probably not. They’re more likely to give you worthless money.” - in NewsMax Interview







Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I expect Oil to rally soon

Jim Rogers : They are moving at all-time high records. Do I expect gold to crash? No, I don't expect it to crash, although I see it coming down; Crude oil has come down quite a lot. I expect it to rally soon just like everything else. The world is running out of known oil reserves and unless we discover a lot of oil quickly, it will be all about how high it stays and how high it goes. Oil is going to be much higher over the years. - in Economic Times

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers outlook for Base Metals

Jim Rogers : As far as base metals are concerned, they have already corrected and they will be probably rallying soon. In the short term, I would expect a rally in the commodity market. I am not buying that is what I would expect. - in Economic Times

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : Europe should do like Scandinavia not like Japan

Jim Rogers Reuters Interview Aug. 8

Jim Rogers : I own the Euro I bought it June of 2010 , I wouldn't buy it now , I am setting and watching I am certainly not selling it , I expected it to go up , if you want to buy a currency I rather buy the US dollar today of those two but I am not doing either , but I am not buying Euro now , no .... I doubt (The Euro) will be around in ten years either but I own it at the moment , they are certainly making plenty of mistakes , the idea of printing more money and buying worthless bonds instead of forcing people to go bankrupt is ludicrous , that's how you destroy an economy that's how you destroy a financial structure that's how you destroy the Euro ....they are certainly taking big measures , but they are doing the wrong things they should be making Greece go bankrupt they should be taking big losses , the creditors should be taking big losses they should be forcing the Greeks and others to stop spending to cut spending with a chainsaw that's the only way you are going to solve the problem , no matter what projections you look at Deborah all of them show the debt in these countries will be higher in five years not lower that's destroying the economy of Europe and the Euro ... suppose you are an honest Austrian tax payer you saved your money all your life you have not done anything wrong , all of a sudden you got a call from your government saying Hey we got to bail out some Italians who have been setting on the beach drinking wine , wouldn't you be a little agitated ? that's not good morality not that politicians care about morality it's terrible economics it does not solve the problem it pushes the problem into the future , it dos not solve the problem ...what's needed is reality , face reality Deborah when somebody is bankrupt they are bankrupt do not deny and try to prompt them up that's what the Japanese have done for two decades you heard the term zombie companies zombie banks in Japan they won't let anybody fail it is twenty one years later and the Japanese stock market is down 75 percent from where it was 21 years ago that's not a typo Deborah 75 percent setting around and prompting up people and denying reality does not work , the only thing that works is what happened in Scandinavia 21 years ago , they saw there were problems they took their losses , they had horrible pain for three years but since then Scandinavia have boomed Japan has declined

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : more currency debasement and more inflation in Asia - CNN 08/10/11

Jim Rogers : here in Asia it means mass destruction of currencies and inflation everywhere this is not good for the world this is terrible terrible few are making money out of it , but this is terrible terrible news , now you have more currency debasement and more inflation ....the Renmimbi is gone up because of this and the Aussie dollar is about to rally because of it , you see the US Dollar already going down because people realize , well they are just going to print more money they are going to keep interest rates artificially low , no this is not good for America this not good for the world . ....

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers Interview by NewsmaxTV - Aug 9, 2011

Jim Rogers : ...we had a crash Kathleen turn on your Newsmax and you will see , I would suspect whenever you see collapsing like this it is usually at least a temporary bottom , I am sure there are going to be many many more problems in the financial markets over the next few years we may have a temporary bottom at the moment , but if it rallies I certainly do not plan to buy stocks ....you should never panic when everybody else panic unless the world is coming to an end , wait until there is some kind of relief and then if you want to panic , panic when everybody else is heaving a sigh of relief Jim Rogers when asked if the US is on the brink of a Fiscal Armageddon says : on the brink ? I do not know what that mans , you mean this week ? no not this week , this decade absolutely probably sooner than this decade , it is astonishing , America is the largest debtor nation in the history of the world Kathleen , this is not good news what's going on in Washington , these guys are really really out of it , they do not understand what's happening and we are all paying the price and it is going to get worse ... I do not think we have left the first recession , if you look at the facts in the statistics , unemployment is now higher than it was before , what happened Kathleen was the government spending a staggering amount of money and te people who got that money are certainly better off and all their friends and neighbors etc , but overall the situation is worse , America more than quadrupled its debt when you take in consideration the things that they guaranteed , Bernanke printed unbelievable amounts of money the situation is worse off , ...sure the people who got the money are better off , I do not think we ever left the first recession this one long period of economic difficulty and America is going to pay the price for all these mistakes ..... we could certainly wind up in a depression if they keep making mistakes in Washington , I would not call it a depression yet , but the way the world is going and if politicians keep making mistakes it could happen again that what happened in the thirties , they turned in what should have been a normal bear market and a recession they turned it into a huge depression with mistakes , they are making plenty of mistakes this time too

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers on Fox Business News 08 August 2011

Jim Rogers interview starts at approx 10:18 in the video

Legendary investor Jim Rogers interviewed by Fox Business News on 08 August 2011 : Jim Rogers : when the market hits bottom I will probably add more agriculture , Mr Bernanke dos not know any better he is going to print more money and so are all the central banks and when they print money you better own real assets whether it is rice or silver or natural gas , I do not like saying this Eric but we are dealing with people who do not understand economics or finance or currencies .... I may have to cover my shorts to keep going down , they have pulled nothing out of the hat , you see gold going up like a rocket , I own gold but it is getting ahead of itself , you are exactly right , one has to be careful when you see a class like this , a panic climate .... regarding the oil prices going down Jim Rogers says : Oh Absolutely because the panic in the world and then the economy is going to slow down dramatically everywhere , ...the only good thing is , first of all I own oil but it is not good for my portfolio of course my shorts are going down lower but when the bottom hits I am afraid we all have to own real assets because they do not know hat else to do except to print money it is not good for the world .... you can own stocks if you want in the 1970s , stocks did nothing , stocks went down for most of them in the seventies , commodities had a staggering bull market one of the great bull markets in history , no Eric I am short stocks and I own commodities because in my view we are back in the seventies again which is not good for stocks ... I happen to be in Asia as you pointed out and let me tell you the stocks are down 4 , 5 percent too , so it is not just happening in New York it is happening everywhere ...
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : the markets are not going down because of the S&P Debt Downgrade

Jim Rogers : my question is what took them so long why did not they go further , the United Stats is the largst debtor nation in the history of the world this is not news , I know you have to report you got a lot of viewers , this is not even old news , this is not news everybody in the market knew this , the markets are not going down because of this , the markets are going down because of many fundamental reasons , America got staggering problems Europe has problems China is slowing down , there are many reasons for the markets to go down , I am still an American citizens I pay American taxes and I vote in America , I have been shorting stocks I have been short technology stocks I have been short emerging markets , if we have huge panic and a huge collapse a selling climate I have to cover my shorts I do not particularly want to but I am not doing anything except watching with amusement , now if Mr Bernanke starts printing money again which is pretty clear that he will then I just have to buy more commodities buy more real assets because when they print money Maria , the only way to save yourself and even make money is to own real assets

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : who cars what the rating agencies say !

Jim Rogers : United States has not been a triple A rating for long time , the only people who do not know that apparently are S&P and Moody's and US government , The United States is the largest debtor nation in the history of the world who cars what the rating agencies say , we all know that it is no longer valid we do not pay any attention to them they have been wrong about everything for ten years it is not causing any news to me I can care less I see you have something to report I know it is the weekend and things are slow , who cares I wouldn't pay any attention to it , there must be a better things to report than this , everybody knows that the US is the largest debtor nation in the history of the world this is not news this is old news 3 years ago S&P and Monody's said that the subprime loans were triple A they had hundreds of subprime loans that were triple A , they said that AIG was triple A until the day it went bankrupt , they said Fannie Mae and Freddie Mac were triple A until the day they went bankrupt , please these people have never been right why do you pay attention to them ?! I do not know any real investors who pay any attention to these people anymore , what effect will it have on the Asian economy , None , none whatsoever , all the Asians already know that America got problems , all Asians already moving out of US government bonds , everybody in Asia knows that we never got out of the first global recession , unemployment in America is still higher than it was in 2008 , American debt has skyrocketed and gone through the roof , America is in worse shape now than it was before , America spent a lot of money and the people who got that money are better off , but the overall situation is much worse anybody who is paying attention to S&P's and Moody's is wasting their time , double A plus is not the end of the world even a single A is not the end of the world many people invest in single A bonds and triple B bonds eventually the US will default there is no question , we will either pay people back in worthless money we will inflate it away we will change the rules we will put on exchange controls , eventually the US will default that's why people are moving away from US government bonds ,
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers Bloomberg Video Interview 08 Aug 2011

Jim Rogers : Everybody has known that America is the largest debtor nation in the history of the world for a long time this is not news this is not even old news , it is just not news , this is not what's making the markets go down , markets go down because America has problems Europe has problems China trying to slow things down , there are plenty of reasons for the markets to go down nothing to do with the S&P

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I am long commodities especially Gold and Agriculture

Legendary Investor Jim Rogers, CEO & Chairman of Rogers Holdings says he has been shorting emerging market, technology and large cap banking stocks. Jim Rogers : "...well I tell you where my money is invested , I am long commodities especially Gold and Agriculture , I am long currencies things like the Yen the Swiss Franc and the US Dollar , I am short emerging markets stocks I am short American technology stocks I am short a large American Bank and I am short the United States bond market which is not healthy " "I hardly ever trade , , say if there is panic I may have to cover my shorts if the market really collapses this week , you should nearly always buy into panic just like you should sell this area , I own Gold I am worried about Gold it is going up so much I am not selling it but it looks like it is setting itself up for a nice correction , I hope so then I can buy more " Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : America quadrupled its debt

Jim Rogers : America is in worse shape now than it was before , America spent a lot of money and the people who got that money are better off but the overall situation is much worse , America quadrupled its debt , America if you take into consideration the things that they guaranteed they printed huge amount of money no the world has gotten worse , world has not gotten better , we paid people back with worthless money we will inflated away we will change the rules we will put on exchange controls , eventually US will default , that's why people are moving away from US government bonds because everybody knows that the US is in serious trouble and that the debt situation is getting worse and worse not better and better- in RT America

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : All the politicians are hoping they can put things off until the next election

Jim Rogers : This is just delaying the problem and making people think things are better. But Spanish, Greek and Belgian debt will still go up – it makes everyone feel better for a while.

All the politicians are hoping they can put things off until the next election, but that is all it is doing. It is not solving the problem. - in www.investmentweek.co.uk





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : All Asians are moving out of US Government bonds

Legendary investor Jim Rogers interviewed via Skype by the Russian Tv RT , speaks about the recent news that the rating agency Standard & Poor's has downgraded America's ranking to AA+
Jim Rogers : All Asians already know that America got problems , All Asians are already moving out of US Government bonds , everybody in Asia knows that , we never got out of the first recession , unemployment in America is still higher than it was in 2008 , the American debt has skyrocketed , and gone through the roof , America is in worse shape now than it was before , America spent a lot of money and the people who got that money are better off but the overall situation is much worse , America quadrupled its debt , America if you take into consideration the things that they guaranteed they printed huge amount of money no the world has gotten worse , world has not gotten better , we paid people back with worthless money we will inflated away we will change the rules we will put on exchange controls , eventually US will default , that's why people are moving away from US government bonds because everybody knows that the US is in serious trouble and that the debt situation is getting worse and worse not better and better



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers video interview with the Australian TV ABC News

Jim Rogers : My money is mainly in real assets in commodities especially agriculture , I own commodities agriculture Gold and Silver mainly
I own the Swiss Franc I own the Yen and I own the Euro , I own all of them I am not selling any of them I know I am up against the central banks but I rather be against the central banks than with them , they are always wrong ,
I bought the Euro in the summer 2010 when it collapsed I would not buy the Euro right now but I am certainly not selling it
I hope you see how bad things are in the US , there is going to be a default , they may not call it a default they may just inflate the currency away , there are many ways that you can default with acknowledging it but yes America is the largest debtor nation in the history of the world America has serious problems they are not addressing them they are not rectifying those problems things are going to get worse as America declines
finance is not going to be a great place to be for the next several years all those people who got MBAs made terrible mistakes they should be getting farming degrees or mining degrees , finances are going into decline after 30 year bull market and farming after a 30 year bear market is going into a 30 year bull market you should become a farmer or a miner if you do not like television head on west and become a farmer





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Agriculture is better investment than Gold and Silver right now

Jim Rogers :  " I wouldn't buy more gold and silver right now; I might buy more agriculture,". "I don't like to jump on a moving bus," "Gold is certainly going to go to $2,000 over the years; it looks like it's going to go much higher during the course of the bull market," "Watch Bernanke and the printing presses to determine how high it will go." - in Bloomberg





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : another recession is coming , you should not be in stocks

Jim Rogers : " The other thing that went up today was agriculture prices and as you know I am widely bullish on agriculture I also own gold and silver and other commodities , so it is something that is doing well and will continue to , but Larry I will also remind you that every 4 to 6 years since the beginning of the republic we've had economic slowdowns we are over due in 2012 ,  2013 another recession is coming I do not know when and I do not know why , but I know it is getting close , you should not be in stocks you should be in agriculture you should be in commodities and you should have some shorts , or Larry you should go and become a farmer- in CNBC



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers on the Larry Kudlow CNBC 03 Aug 2011

Jim Rogers : well silver went up too Larry just to throw in a correction , the take is that the American economy got serious problems these clowns in Washington are increasing the debt , the idea that the solution to too much debt and too much consumption is too much debt is laughable Larry , the world understands that you should be very worried "
"what you got to do is take a chainsaw and cut the spending in Washington and do something about it Larry , America is the largest debtor nation in the history of the world this cannot go on , our creditors someday are going to say no more and that day is getting closer "
"Larry the study shows that you make more money in commodities than in the commodity stocks I own all the commodities as I said , Larry if things don't get better governments are going to print more money it is the wrong thing to do but Mister Bernanke is already talking in July and in August about printing more money , when they print money when they debase the currency you have to own real assets "




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I am one of the most pessimistic people around about the Dollar , but I own it

Jim Rogers : I am one of the most pessimistic people around about the Dollar , but everybody is pessimistic on the Dollar Lucy which is why I own it , I have been investing long enough to know that when everybody is on one side of the boat , you have to go to the other side of the boat for a while , so I own the US Dollar , who knows if I am right , I made plenty of mistakes - in RT America 7/27/11


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : The dollar is going to disappear

Prophetic words from legendary investor Jim Rogers " I have always said , the Euro is great the world needs the Euro I own the Euro we got to do something about the dollar to replace the dollar the Euro would be perfect , no we do need a replacement for the dollar , The dollar is going to go , The dollar is going to disappear.....no, no, mark my words. In the next 20 years...I have a ten months old daughter she does not have an American bank account she has a European bank account , because she got to look after me some day , Hope to make sure she got sound money ...."



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

El-Erian : S&P Under Pressure not to Downgrade

Mohamed El-Erian :" the good news is that the deal hopefully lifts spectre, this threat of default that was with us. what we don't know is what the rating agencies and one in particular, s&p will do."
"it matters because contracts are written in different ways. some contracts specific the highest of the rating, others do the lowest of the ratings. it does matter. we need to see if s&p sticks to what it said on july 14th when it put the rating on a negative watch which is a presumption of a town grade. it will down gad because the size of the deal is not large enough and the two stage raises a lot of questions of implementation. only s&p and i suspect they are under pressure not to downgrade."


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : We do not have enough farmers

''We don't have enough farmers. We have to do something or we will have no food at any price at times in the next few years,'' Jim Rogers said after recent deliberations on world food security at meetings of the G20 and the United Nations Food and Agriculture Organisation. - in The Sydney Morning Herald




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I do not expect them to have real spending cuts

Jim Rogers : “I don’t expect them to have real spending cuts. They have been talking about this for 40 years, talking about how they are going to solve the problem of the deficit. Remember the Grace Commission? Remember the Gramm-Rudman act? The Gramm-Rudman act said we couldn’t have deficit spending 25 years ago. They forgot about that.” - in WSJ


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.