“Whenever an industry gets hot, everybody tries to figure out how to get to be the richest.”
“If it`s real estate, they figure out a way to leverage themselves to the full. If shipping is hot, they go and buy tankers, but they don`t put any money at all; they figure out a way to do a deal.”
“They leverage themselves to the hilt; that`s the way to get the richest the fastest.”
“It`s also the sign of the topping in shipping, or real estate, or wheat, or whatever it happens to be.”
- Jim Rogers in Trading The World`s Markets
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).
Wednesday, May 8, 2013
Gold : Investors need to accept reality
Until people start accepting reality instead of denying reality, we're not going to make the bottom. Until a lot of people just pack it in and throw gold out the window. Then gold will make a beautiful bottom and we can all participate in a multi-year bull market.
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).
Jim Rogers worries about serious energy problems in future
What concerns me is that we're running out of known reserves of energy, oil and natural gas. We're running down the reserves, and unless something happens to change that, we're going to face serious problems with energy down the road, too.
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).
Gold Is Having A Normal Correction
"Gold is having what I consider a well overdue and normal reaction/correction (...) and its going to lead to a bottom sometime this year, probably or next year and then we can go on with the bull market." - in GoldSeek Radio
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).
Agriculture: We Have Consumed More Than We Have Produced For The Last 10 Years
Jim Rogers :
"With agriculture, you know, we've consumed more than we've produced for the last 10 years or so. So, inventories are near historic lows, which means that - if something goes wrong - we're going to have serious problems. And even if something goes right, you've got to replenish the inventories." - in Money Morning
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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