JIM ROGERS BLOG: 08/23/12

Thursday, August 23, 2012

Russia as an Investment for the first time

Jim Rogers : "I am starting to consider Russia as an investment for the first time in my life." - 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).

China Property Market Starting to Recover.

Jim Rogers : I think they’re a mistake and there’s still inflation in China. Yes, the property bubble has popped and prices have started coming down but not enough in my view. The most recent statistics show that Chinese property market is starting to recover. Well, that’s not the way you kill a real estate bubble. You don’t let it recover after six months of declines. You stay tight. China has given in two or three times in the past few years when they have tried to pop the bubble. Things start declining, they get nervous, they loosen up again and it gets worse. I would stay tough. - in CNBC

China Economy Growing While The Rest Of The World Is Declining

Jim Rogers : I haven’t sold any of my assets in China. My Chinese shares are for my children. Yes, there are problems in China, sure. But I assure you, if there are problems in China, the rest of us have serious problems, too. I don’t know if China will grow 7 percent. Why can’t they grow 2 or 3 percent? Two percent is more than fine. The rest of the world is declining. - 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).