JIM ROGERS BLOG: 03/22/13

Friday, March 22, 2013

Jim Rogers – 5 Predictions For The Next 5 Years

Jim Rogers makes a handful of predictions for the next 5 years.

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).

Politicians Are Debasing Our Currency

"Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way." - Jim Rogers via a recent CNN interview:

China trying to lower inflation

The Chinese are trying to slow things down, rightly so. They've had inflation. They've had a real estate bubble, you should always try to pop bubbles and you should always try to kill inflation, so I admire what they're doing. China will have many problems but it's not the end of the world. The US went through a similar economic rise with rapid growth in the 20th century with the Great Depression in the 1930s.

I Don`t Think I Own Any US stocks

"I don`t think I own any US stocks, if I do its very few, so few I can`t even remember." - in a recent video interview with LimitUp

I Own Some Shares In Japan & Russia

Jim Rogers : "I own some shares in Japan, I own some shares in Russia, I do own some shares around the world but mainly I am invested in other things." - in a recent interview with Limit Up