JIM ROGERS BLOG: 02/04/13

Monday, February 4, 2013

Make Money in Commodities

Jim Rogers : We will make money in commodities because of supply shortages … and governments will print money. In the metals space, Rogers is looking at base metals over precious metals. “I suspect base metals benefit as they are down so much that they would be in a better place than precious metals,” Rogers said. “I would not be selling my base metals.

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).

Invest only in things you know

Jim Rogers : I have my money invested mainly in natural resources and currencies. I do own a few shares around the world which I have owned for years. I also have Japanese shares I bought mainly during the tsunami and in the fall of 2012 when it became clear they were going to drive down the yen. I am also short long-term government bonds in the US as well as a few stocks.

America Is Destroying The Savers

Every nation in the world wants people who save and invest because the people who save and invest build your country. But in AMerica we are destroying that class of people now." - in Land Investment Expo, Iowa

Interest Rates: What We Should Be Doing

"What we should be going on, instead of dropping interest rates down to nothing, they should interest rates find their normal level, which is not zero percent." - in Land Investment Expo 2013