Wednesday, July 11, 2012

Central Banks Actions Are Adding To Inflationary Pressures

I find it absurd. It’s the wrong thing to do. They are just adding to the inflationary pressures that are here, and we’re all going to have more problems down the road. - in Index Universe

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).

Recent Rate Cuts Were A Mistake

I don’t think either one of them should have cut by 25 basis points–neither the Chinese nor the Europeans. - in Index Universe

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).

China has a Water Problem

Jim Rogers : The only thing that worries me within the China story is the water problem. If they don't solve their water problem, then there is no China story. I've been around the world and I've seen whole countries and societies disappear because the water disappeared. So if China can't solve its water problem, then there is no China story. Now, they know this too, and they're spending hundreds of billions of Dollars trying to solve their water problem. Will they be successful? I don't know. - in GoldNews


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).

America Cannot Solve Its Problems In 5 Or 10 Years

Jim Rogers : We cannot solve our problems in five years or 10 years. Just look at our problems. America is the largest debtor nation in the history of the world. We have staggering, staggering debt problems that cannot be solved in a decade—if ever. Most countries that have gotten themselves into this kind of situation never really do anything until there's a crisis or a semi-crisis. - in Gold News 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).

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