Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, January 15, 2014
China: Finding Places Where The Government Is Going To Invest
They had a big session in November, the Chinese said it was as important
as the big session they had in 1978 when Deng Xiaoping said, "we have
to change everything we have been doing for the past few hundred years",
and then again in 1993, they again changed and opened to the world. So,
they say this session was as important as those two. If you read it
carefully you might find some places where they are going to put a lot
of money and if the Chinese government or any government, especially a
big government is going to put a lot of money, I like to put my money
there 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).
Jim Rogers worries about Japan population
If the current birth
rate, which is the lowest in the major developed countries, continues,
there will be no Japanese. Who will pay the enormous debt?
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).
No One Wins in a Currency War
We’re all losing in currency wars. How long can it go on? Well, it can go on as long as politicians can continue to print
money. The problem is, of course, eventually the markets will just say,
“We’re not going to play this game anymore” and we’ll have a serious
collapse. You and I can print money all day long, but at some point,
you, I and everybody else is going to say, “Wait a minute, guys, this
money is getting worse and worse and more and more worthless, so why
don’t we stop playing this game?” I wish the politicians were smart
enough at some point to say, “We’ve got to stop this, this is going to
be bad.”
But unfortunately they never have, and probably never
will. Mr. Bernanke is certainly not going to stop it, because he doesn’t
want to go down in history as causing the collapse. Mrs. Yellen, when
she comes in, she’s not going to stop it, first of all she doesn’t
believe in stopping it, she thinks printing money is good. And she knows
– I hope she’s smart enough to know – that if she stops, oh my gosh,
it’s going to collapse. So she’s not going to stop. Nobody wants to go
down as causing the collapse of the world. So I’m afraid this is going
to go on until the market eventually says to them, “Okay, enough is
enough,” we have a big collapse and then they’re all thrown out and we
can start over.
- Source, Birch Gold Group:
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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