ET Now: So for 2012, do you expect that since there are 40 elections, central bankers will continue to print money and they will print more money and they will print more money that will automatically spike commodity prices up?
Jim Rogers: Yes, also as we discussed before, I told you that if the world economy gets better, then obviously commodity prices will do well because of the shortages. If the world economy does not get better, they are going to print a lot of money and you need to own real assets when they print money and yes there are 40 elections this year and yes they are going to print more money.
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Sunday, January 15, 2012
Jim Rogers Video Interview ET Now - 15 January 2012
In an interview with ET Now, Jim Rogers, Chairman, Rogers Holdings, shares his outlook for commodities, gold and metals with a special reference to Indian markets.