Wednesday, May 11, 2011

Gas prices vs Oil price

Jim Rogers : Oil went down because a lot of people got margin calls and had to sell for various commodities and so on , when you get margin calls you dump everything inside that's why oil went down , why gas ? it's the beginning of the driving season and gasoline is refined oil and usually at this time of year gas prices go up because people start driving I do not know I have not been here but that's what I presume " in FOX Business News

next time we going to have a slow down it is going to be tough to pay

Jim Rogers : ...the people who are getting the money that the government is shoving out of the window , they are better off but the rest of us the overall situation is worse the debt is skyrocketing the money being printed is skyrocketing so the overall situation is worse , next time we going to have a slow down it is going to be tough to pay ....in FOX Business

I will be Shorting US bonds

Jim Rogers : I will be shorting US bonds. I would probably be doing it today if I weren't here. Bonds in the US have been in a bull market for 30 years. In my view that's coming to an end...the bond bull market is coming to an end. If any of you have bonds I would urge you to go home and sell them. If any of you are bond portfolio managers I would get another job.
- in a conference in Edinburg today




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)

the renminbi is One of the safest investments

"One of the safest investments I see is the renminbi." - Jim Rogers




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)


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