JIM ROGERS BLOG: 07/04/12

Wednesday, July 4, 2012

European Situation: There Is No Resolution In Sight

There is no resolution in sight. The solution to too much debt is not more debt. They keep piling on more debt and hope the problem will get better. It’s getting worse...It doesn’t look good. - in ETF Trends

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).

Bubbles Always Go Longer Than Most People Expect

I’m absolutely convinced we’ll see higher interest rates. Of course, I was convinced of that last year but rates went down. Bubbles always go longer than most people expect and higher than people expect. That’s the definition of a bubble. I have no idea how much longer it will last but I’m not playing. - in ETF Trends

If Gold Goes Down, I’ll Buy More

Gold is up 11 years in a row. Gold is consolidating now, a well-deserved consolidation. I own gold, I’m not selling gold. If gold goes down, I’ll buy more. - in ETF Trends p>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 U.S. Is The Largest Debtor Nation In The History Of The World

The U.S. is the largest debtor nation in the history of the world. This is not a good situation. The U.S. dollar is terribly flawed and will be a big problem for us down the road. - in ETF Trends i>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).