We have serious problems facing us in a few years with Crude Oil

Jim Rogers : Known reserves of crude continue to decline. We have serious problems facing us in a few years with crude oil. The surprise would be how high the price stays and how high gold is, eventually.If the UK certainly goes bankrupt, there is some big shock to the system. Of course everything is going to go down for a while. That seems to be what is happening right now, but when they go down, you should prepare yourself to buy more because when markets snap back, the first things to snap back would be things like oil, gold and commodities.- in ET Now

I am thinking about buying agriculture right now

Jim Rogers : It will come in the commodities, probably agriculture will be bought first. I am thinking about buying agriculture right now. I am not thinking about buying base metals or gold or oil right now, but I am thinking of buying agriculture maybe this afternoon. Elsewhere the man who come first probably precious metals, second then the rest of the commodities.- in ET Now

Jim Rogers CNBC video Interview

Sept 22 2011 : Jim Rogers on Brazil's Trade War the dollar gold and silver and currencies and the market crash

We are much worse off than we were in 2008

Jim Rogers : the major problems are coming from the west, They are coming from Europe and the United States. We are much worse off than we were in 2008 because the debt has gone through the roof. At least in 2008 there was the possibility that the governments could bail us out. Now, of course, the governments have gotten deep, deep, deep into debt themselves,Everybody is in much worse shape. - in CNBC

I Am Planning To Buy Swiss Francs, Dollars & Agriculture

Jim Rogers : The dollar is going up against everything right now for a number of reasonss. One may be that everybody is panicking "and for some reason they’re rushing into the U.S. dollar. The U.S. dollar is not a safe haven, if you ask me, but I do own it, Agriculture prices are getting banged right now. I am kind of planning on buying Swiss francs, more dollars and agriculture. - in CNBC

I hope the trade war doesnt break out

Jim Rogers : Well David everything is being killed right now as you can see. partly as you may know Brazil has sort of ignited a trade war and then put on tariffs with the people in Asia and right now China's trying to get the Europeans to let them open up the trade with China more and the Europeans are saying, no. so china is saying no. we won't bail you out. so there are all sorts of trade tensions developing. and currency tensions , it is not a good world well, I hope the trade war doesn't break out, you know, throughout history when you've had trade wars it's caused depression. you saw what happened in 1930. it led to depression. and ultimately it led to war. so I hope it can be contained. I was very surprised to see Brazil do that. one of their largest trading partners is China and yet they certainly -- and Korea, yet they certainly hit China and Korea with 30% tariff increases. it's not fun.

If Gold goes down I am going to buy a lot more

Jim Rogers : " I own gold I would not bug Gold at the moment , if it goes down I certainly will buy more gold , I am not selling it ...no  Gold has been up ten years in a row it is very unusual for any asset it looks like it might be eleven years in a row , may be it is going to go up fourteen years in a row I do not know , but I do not want to buy gold right now but if it goes down I am going to buy a lot more ...." says Jim Rogers " silver goes down in fact if I had to buy one today I would buy Silver because it is 25 percent below its all time high while gold recently made an all time high , but I am not buying either today if I would buy anything today I would buy agriculture ..." - in Reuters

Singapore will certainly become the financial center of Asia

Jim Rogers : One of the greatest advantages that Singapore has is that they have both the English and the Chinese language, but so does Hong Kong...but it`s an open and law abiding society so Singapore will certainly become the financial center of Asia and one of the greatest financial centers of the world. - in the WSJ

Singapore As A Financial Center

Singapore is certainly going to be the financial center of what you call Southeast Asia. - in The WSJ

Emerging markets

Jim Rogers : India and China are not much different from the rest of the world. They have seen the selling conduct too and they are going to a rally. The world has economic problems. India and China have a lot of inflation and the governments and the central banks know of it and they are trying to do something about it.

India and China may see some cool off. Commodity prices will be going up, but that is because the world has got economic problems, If the US Fed, which is the largest in the world, continues to print money, then India and China can do little; they may try their best to cool inflation, but India and China are less than one-tenth of America's central bank.

Alternative to dollar

Jim Rogers : The world definitely needs something to compete with and replace the US dollar. But I don't see that happening anytime soon. It is going to take a while for a currency to come up to replace the US dollar. We need an alternative, but it takes a while. America is the largest debtor nation in the history of the world. There is no such currency at this point.

Demand for commodities

Depends on how you want to see it. If governments go on printing more money, people will want to hold more commodities. You may have the economy slow because at the moment, there is a slowdown and that may slow the demand for commodities.

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.

Commodity markets

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.

Jim Rogers is a bestselling author, financial commentator and successful 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).

Equity markets

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.

Jim Rogers is a bestselling author, financial commentator and successful 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).

Fundamentals driving gold

Jim Rogers : Governments all over the world are debasing currency; Yesterday, the US Federal Reserve said it will continue to debase their currency. The more the governments will debase paper currency, people will take refuge in real assets and gold is one of them.

Jim Rogers is a bestselling author, financial commentator and successful 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 price movements

Jim Rogers : Well, I own gold and I see gold breaking new highs and racing up. I don't like to buy things when that is happening; when gold goes down I will buy more gold. Gold is going straight up, it will probably correct somewhere and I hope it will correct somewhere along the line and if it does I will buy more.


Jim Rogers is a bestselling author, financial commentator and successful 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).

Bernanke has been lying to us again

Jim Rogers : Bob, to your point, Bernanke has been lying to us again. he announced in early august that he was going to keep interest rates at a very low rate for two years. Now Bob, how is he going to do that? you can't just say the words. you have to go into the market and force interest rates down. I mean come on. what is this, you believe in the tooth fairy? he's in there. that's the only way he can do it. if you don't believe the theory of monetary policy works, get out the unadjusted numbers since the beginning of august and you will see they shot up starting at the beginning of august as soon as he said we're going keep interest rates down. so he's in the market. he may be lying to us, they usually do, but he's in there. be prepared. ...- in CNBC

Jim Rogers is a bestselling author, financial commentator and successful 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).

Crises usually happen in the fall

Jim Rogers : David, as you well know, crises usually happen in the fall. well here we are in September with October coming out next , the good news would be if Greece did go bankrupt. if you ask me, this morning in Europe anyway, Greek interest rates were over 90%. maybe the market is telling us it's finally time - in CNBC 09 Sept 2011

Jim Rogers is a bestselling author, financial commentator and successful 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).

If Greece defaults buy all the Euro you can

Jim Rogers : if Greece defaults you've got to have other people that default, too, Italy and Spain and a few others. if they did that, obviously New York would go down a fair amount but that would mean that Europe is going to have a very strong sound currency. people cannot lie about their finances anymore. people would have to run a tight ship. a lot of pain between now and then, but, boy, if that happened in the next month or so, buy all the euro you can. - in CNBC 09 Sept 2011




Jim Rogers is a bestselling author, financial commentator and successful 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).

The Chinese Yuan the best safe-haven currency

Jim Rogers : The Chinese yuan (CYB) is probably the best safe-haven currency now, The dollar is probably also a good bet in the short-term, but the “absolute worse” over the longer-term, - in CNBC






Jim Rogers is a bestselling author, financial commentator and successful 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).

A huge mistake for Switzerland

Jim Rogers : The move will work for a while, but the market will have more money in the end than the SNB. The Swiss central bank risks losing a lot of money buying up lots of foreign currencies which they will eventually sell at a loss.

Another risk is that the central bank will totally debase the Swiss franc trying to keep Switzerland 'competitive' which will then destroy the traditional Swiss financial industry. Rogers said.

So this is a huge mistake for Switzerland since they are going to suffer more either way. - in CNBC

Jim Rogers is a bestselling author, financial commentator and successful 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).

RMB The Chinese Yuan Is The Best Currency

Jim Rogers : The Chinese yuan is the best...the US dollar is probably good in the short term, but the absolute worst over the long term. Jim Rogers has often criticized the Federal Reserve and Ben Bernanke for debasing the US dollar with its policy of printing money at full speed - in CNBC



 
Jim Rogers is a bestselling author, financial commentator and successful 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).

The Price Of a Commodity Will Never Go To Zero

Jim Rogers : The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.




Jim Rogers is a bestselling author, financial commentator and successful 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).

You should nearly always buy into panic just like you should sell hysteria

Jim Rogers : You should nearly always buy into panic just like you should sell hysteria



Jim Rogers is a bestselling author, financial commentator and successful 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).

India & China & Emerging markets

Jim Rogers : India and China are not much different from the rest of the world. They have seen the selling conduct too and they are going to a rally. The world has economic problems. India and China have a lot of inflation and the governments and the central banks know of it and they are trying to do something about it. India and China may see some cool off. Commodity prices will be going up, but that is because the world has got economic problems, If the US Fed, which is the largest in the world, continues to print money, then India and China can do little; they may try their best to cool inflation, but India and China are less than one-tenth of America's central bank.




Jim Rogers is a bestselling author, financial commentator and successful 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).