Monday, June 20, 2011

I will own gold till the mania sets in

Jim Rogers : I will own gold till the mania sets in. I hope I am smart enough to recognise it when it comes and sell it then. I will see when it’s a bubble, wait a while for the bubble to burst, and then I will sell. I hope I am smart enough not to sell it until the bubble occurs. But, who knows that price? It could be any absurd price.


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).

People who cannot spell commodities shouldnt own any

Jim Rogers : That’s impossible to answer. People should have owned 100 per cent of their portfolio in gold in the last decade. It depends on what’s going to happen. If you don’t know anything about gold, you probably shouldn’t own any. If you know a lot, your portfolio will reflect your view of gold. I own few stocks. I mainly own commodities. But I think I know a little bit about commodities. People who cannot spell commodities shouldn’t own any.


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).

Governments have become net buyers of gold

For most of the past 20 years, governments have been selling gold. But in the last year or so, they have realized that prices have risen a lot. Governments should become net buyers of gold as they see what I see—paper money being debased, currency problems and inflation. Many countries, including India, have started buying gold. India did a good job by buying gold. - Jim Rogers in 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).


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