Saturday, June 11, 2011

Obama should take a chainsaw to spending and cut it dramatically

" what he should do is take an axe , no not an axe take a chainsaw to spending in the United States and cut it dramatically , we got to balance the budget we got to pay off the debt somehow someday " Jim Rogers told Bloomberg in an interview yesterday



Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Jim Rogers shorting a big American Bank

Jim Rogers : I am long commodities I am long currencies , I am short emerging markets and I am short technology stocks and I am short one US Bank , but Jim Rogers does not want to say the name of this Big US banks "too many friends out there I'll keep my mouth shut " he explains it's a big big big banks he added I am long commodities I am short emerging markets I am short american technology and a Bank !!! many believe that the bank that Jim Rogers is shorting could be Goldman Sachs.....





Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Gold to Go over $2,000 In The Next Decade

"Gold has been going up for 10 years. Countries are debasing currencies by printing more money and the metal’s mine supply is not increasing. People are more interested in commodities of all kinds, including gold, to protect themselves from inflation." "I am not a great timer of the market, but I certainly expect gold to go higher over the next decade, in excess of $2,000." Jim Rogers in www.money.outlookindia.com






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)
Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

JIM ROGERS BLOG