Jim Rogers 01 (May 08 - May 10)

[winston]

Jim Rogers is loading up on the U.S. dollar By Dan Ferris in the S&A Digest:

While China's loading up on gold, Jim Rogers is at a standstill. Instead, he's buying gold's antithesis, the U.S. dollar... "Over the past couple of months, I have been accumulating U.S. dollars... because there are too many bears,"

Rogers said on Wednesday. Rogers believes the dollar crisis is only temporarily abating. Eventually, he says U.S. government bond yields will reach double digits, like in the early 1980s.

The U.S. 10-year Treasury note's yield hit a high of 15.8% in 1981. When rates get that high again, perhaps we'll shout from the highest mountain that it's time to buy Treasuries.

I'm not a trader, so I don't advocate trying to buy dollars hoping for a rally. I'd rather wait out weakness in the gold price and buy more of it. That's essentially what I'm telling readers in the next issue of Extreme Value, which comes out [Friday] after market close.

[kennynah]

"Over the past couple of months, I have been accumulating U.S. dollars... because there are too many bears,"

so... did he say this before he started accumulating or after he has done so?

i'm very skeptical of this person.... i strongly suspect that he now puts this out, to bump up the dollar, or so he thinks he is able to

[lithium]

"Over the past couple of months, I have been accumulating U.S. dollars... because there are too many bears,"

so... did he say this before he started accumulating or after he has done so?

i'm very skeptical of this person.... i strongly suspect that he now puts this out, to bump up the dollar, or so he thinks he is able to

Is there any fund managers give tips and recommendation before they buy?

[kennynah]

so, why do we even listen to them?

[-dol-]

yeah, anyone ever profited from Jimmy's call?

[kennynah]

i would see Jimmy as another Crammer...not to be trusted at all and his calls be traded against...

[greenhoney]

i almost bought his recommendations (water stocks), and after witnessing what happened to sino env, did some dd, asked a couple of friends in the industry and didnt buy into them. apparently even hyfluxs' technology isnt such a market leader as many chinese companies has the same capabilities and technology.

[financecaptain]

i almost bought his recommendations (water stocks), and after witnessing what happened to sino env, did some dd, asked a couple of friends in the industry and didnt buy into them. apparently even hyfluxs' technology isnt such a market leader as many chinese companies has the same capabilities and technology.

Waters stocks are never about technologies. Hyflux is like what you call a system integrator in IT. Everyone's capability is about the same.
Like many utilities, it is all about political connections to get good projects.
They are like yield plays as the cash flow returns from each project are like bond returns.
Hence, any upside on each project is from the real estate it is on. Especially so if it is situatied in prime land (for the older projects) and they were acquired at very good rate from the local government (below market). The land acquired is usuallly much bigger than what the project needs in the first few phases. So that you can benefit from the excess land in the future.

[winston]

How many of you have 5% of your money in internet stocks when the Nasdaq was at 6000 ? None ? Then internet stocks are not in a bubble at that point in time ..

How many of you have 5% of you money in Japan when the Nikkei was at 33,000 ? None ? Then the Nikkei is not in a bubble at that point in time ...

Always check the assumptions behind your reasoning ...

================================================

Jim Rogers on why we're not even close to a gold bubble
By Sean Goldsmith in the S&A Digest:

Our favorite gold pundit, Jim Rogers, is on a global media tour talking up his book. Yesterday, he told CNBC's Maria Bartiromo gold will be a great investment over the next decade and hardly anyone owns it yet.

He surveyed 300 people (including big money managers) at a speech in Prague. Rogers said 76% had never owned gold... "So when you say it's a bubble... nobody owns gold yet," Rogers said.

[kennynah]

his thoughts processes are way beyond my capacity to understand...