The Euro not to break up in 2012

Jim Rogers : I do not think the EU will break up at all. The euro will have some problems this year. I am actually long on euro. There are many people shorting the euro right now. But I am thinking about buying more. I do not think that the euro is going to break up in 2012. I certainly think it will within the decade, but it will survive this year, maybe some money will drop out of the euro, but it is not going to be the end of the euro. The world needs something like the euro. I hope it can pull together. I cannot invest on hope obviously.

If we have a war with Iran who knows how high the price of crude may go

Jim Rogers : The surprise would be how high the price in crude stays and how high it eventually goes. We are running out of known reserves of crude oil around the world unfortunately and there is nothing to replace it yet. Maybe some day there will be things that could replace it. I own crude, I am not selling any commodities. Certainly not crude. Because we are running out of known reserves and if we have a war, because America is dying to go on a war with Iran, and something like that happens, who knows how high the price of crude may go?

I am Not Selling Gold by any set of imagination

Jim Rogers : I do not know. I own gold and I am not selling gold by any set of imagination. Can they do 20% again? Well of course it can do anything, but that would be 12 years in a row that gold would be going up and that is very unusual in any asset as you will know. It would not surprise me if gold continues to consolidate. Maybe by the end of the year, it will start rising again and maybe even have another up year in 2012, but gold needs to continue to consolidate. I own it. I want it to consolidate. It will make it much much better in the ultimate bond market much longer and much higher.

The Ratings Downgrade is a No News for the people in the Market

" you should not even be bothered to pay any attention to the rating agencies , everything they have done in the past 15 to 20 years have been wrong .." says Legendary Investor Jim Rogers Chairman of Rogers Holding .European markets haven't let the massive ratings downgrade cast a shadow over trading today, with only a slight fall. On Friday, ratings giant Standard and Poor's slashed the scores of 9 EU nations, including the triple-A scores of France and Austria.

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.

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 the India Bull?

Jim Rogers : One thing would be if you opened your economy, currency, stock market and commodity markets. If you opened everything, I would have to start getting very interested in India. I have talked to you before about the nightmare of bureaucracy and the regulations there. The government just keeps spending other people’s money. India is a single best country in the world to visit as a tourist, but one of the single worst bureaucracies in the world and one of the single worst places to do business. That can all change. It could be extremely exciting maybe not in 2012, but certainly after if the Indian government would ever get its act together.

The US dollar is a terribly flawed currency

Jim Rogers : I own US dollars. I do not own US bonds. It is a bubble as far as I am concerned. I expect sometime I will be shorting US government bonds, but I do plan to own US dollars. Now, the reason I own US dollars is because there were so many pessimists on the US dollar that I bought some and if we continue to have currency turmoil which I expect, then many people are going to flock to the US dollar. US dollar is not a safe haven, but many people think it is or they do not know what else to do. So they have put their money in the dollars. Somewhere along the line, if the dollar goes up, then I may be the seller.I do not know if I will ever own US dollar after that because the US dollar is a terribly flawed currency. - in MoneyControl

The EU will not break up

Jim Rogers : I do not think the EU will break up at all. The euro will have some problems this year. I am actually long on euro. There are many people shorting the euro right now. But I am thinking about buying more. I do not think that the euro is going to break up in 2012. I certainly think it will within the decade, but it will survive this year, maybe some money will drop out of the euro, but it is not going to be the end of the euro. The world needs something like the euro. I hope it can pull together. I cannot invest on hope obviously. - in MoneyControl

I expect Silver to go down too

"I own silver, I own gold, I am not buying silver and gold right now. I expect them to correct even more. Gold can go down to $1,200. I do not know how low it is going to go. But if it does, I hope I am smart enough to buy a lot more and the same would apply to silver. Silver would go down too." - Jim Rogers told the Indian TV ET Now recently

Jim Rogers bullish on the Euro for 2012

Jim Rogers says despite his doubts over the EU, the euro is very oversold. The veteran investor says he may actually add more of the single currency to his portfolio, while shorting European stocks."I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another," Jim Rogers told Reuters Insider - in Reuters

Jim Rogers bullish on The Swiss Franc

Jim Rogers : " Well I own the Swiss franc Jeff I actually own more of the Swiss franc than I own the Euro I am actually thinking about buying the Swiss franc even more seriously than the Euro , because the Swiss said we are not going to let the swiss franc go up anymore they knocked down for a while but In my experience in currency markets, the markets have more money than any central bank, and if I am right there are going to be a lot of currency turmoil in 2012 and people are going to be looking for safe heavens and the safe heavens they are looking for are the Swiss franc the Yen and the US Dollar , the US Dollar is not a safe heaven I am not even sure the Yen is but I am thinking about buying more Swiss francs because the markets have more money than they do ” - in CNBC

Many Governments will Print Money in 2012

CNBC - 03 January 2012 : Jim Rogers, CEO and chairman of Rogers Holdings, told CNBC, "I suspect that Merkel and that crowd are going to do something to make us feel better, remember the French have an election this year and I think they would like to win the election, so I suspect you are going to see things coming out of governments for the euro." and that markets will do well this year as governments around the world spend and print a lot of money. But he thinks that strategy is a "horrible mistake" and "we'll all pay for it down the road