JIM ROGERS BLOG: 05/01/11

Sunday, May 1, 2011

Most of my portfolio is in commodities, and currencies

“Most of my portfolio is in commodities, and currencies,” “I expect to make money in commodities because, if demand continues to rise, that is bullish for commodities.” - Jim Rogers in www.minyanville.com

Communist China

“People call the Chinese ‘communist’…California and Massachusetts are more communist than China,” - Jim Rogers

The Indian rupee - Jim Rogers

Jim Rogers : No, but your central bank has done a better job than many central banks. I wish the Indian central bank will be running the American central bank. I am not saying you have a great central bank, I am saying it has done a lot better job than many central banks. They at least understand the problem of inflation and they are trying to do something about it. I admire them, but I do not admire some Indian policies, I do not admire exchange controls. I do not admire some of the things that your central bank and government do. Your central bank is one of the better in the world if you ask me, but there are not many good central banks in the world. So do not get really excited about what I said. ...
in ET Now

All commodities will be a huge bubble someday

There's no question in my mind that all commodities will be a huge bubble someday. But I don't think that bubble is going to happen in 2011. - Jim Rogers - in Business Intelligence Middle East

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ) iShares FTSE/Xinhua China 25 Index (ETF) (FXI) China Mobile Ltd. (ADR) (NYSE:CHL), iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), China Petroleum & Chemical Corp. (ADR) (NYSE:SNP), China Life Insurance Company Ltd. (ADR) (NYSE:LFC), PetroChina Company Limited (ADR) (NYSE:PTR), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), Aluminum Corp. of China Limited (ADR) (Public, NYSE:ACH)

social unrest,

Of course it can get worse. It can turn into a civil war which can rage for a long time. I doubt it will, given the state of the world. But now we are having more and more social unrest, certainly we are going to have a lot of social unrest. The price of food is going up... - Jim Rogers

Equities

" I don’t own very many equities. I don’t know what’s going to happen but I expect more currencies turmoil, more social unrest, more governments collapsing so I invest more in currencies and commodities than stock."
- Jim Rogers

The City of London

The City of London and Wall Street are not going to be great places to be in the next two or three decades. It’s going to be the people who produce real goods in charge – the farmers and the miners. - Jim Rogers

saving and investing

" The Chinese have been saving and investing over 35 percent of their income and the United States has been saving and investing two percent of our income. We’ve been borrowing and consuming. They’ve been saving and investing."
- Jim Rogers

Gold

" Gold will have reached an unbelievable price before it starts falling"
– Jim Rogers

Paper money

" Paper money is made of cotton, and I’m long cotton, by the way. One reason I’m long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can."
Jim Rogers in Wall Street Cheat Sheet

Commodities are going to make a fortune

" If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money, and that’s how you protect yourself"
Jim Rogers in Wall Street Cheat Sheet

Jim Rogers Quotes of the Month: Commodities, Gold, and Agriculture

" Jim Rogers speaking to investors in Amsterdam this morning, said that gold is still far from being a bubble and investors should sell bonds and buy precious metals. The chairman of Rogers Holdings, who predicted the start of the global commodities rally in 1999, said that gold should have a rest but it’s far from being a bubble yet."
in Wall Street Cheat Sheet

Selling short the bonds

" If the bond goes up another 3 or 4 points, I for one am going to sell it short."
– Jim Rogers in Zero Hedge

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ) iShares FTSE/Xinhua China 25 Index (ETF) (FXI) China Mobile Ltd. (ADR) (NYSE:CHL), iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), China Petroleum & Chemical Corp. (ADR) (NYSE:SNP), China Life Insurance Company Ltd. (ADR) (NYSE:LFC), PetroChina Company Limited (ADR) (NYSE:PTR), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), Aluminum Corp. of China Limited (ADR) (Public, NYSE:ACH)

Wall Street

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better. - Jim Rogers

active management

Index investing outperforms active management year after year. - Jim Rogers

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ) iShares FTSE/Xinhua China 25 Index (ETF) (FXI) China Mobile Ltd. (ADR) (NYSE:CHL), iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), China Petroleum & Chemical Corp. (ADR) (NYSE:SNP), China Life Insurance Company Ltd. (ADR) (NYSE:LFC), PetroChina Company Limited (ADR) (NYSE:PTR), Morgan Stanley China A Share Fund, Inc. (NYSE:CAF), Aluminum Corp. of China Limited (ADR) (Public, NYSE:ACH)