Jim Rogers 02 (Jun 10 - Dec 26)

[winston]

Oil 'could hit $200 a barrel' says investor Jim Rogers

Jim Rogers, the legendary investor who co-founded the Quantum Fund with George Soros, has moved his family to Singapore and is making sure his two young daughters can speak Mandarin. He spoke to the Business Daily's Justin Rowlatt.

http://www.bbc.co.uk/news/business-12235196

[Chinaman]

Oil 'could hit $200 a barrel' says investor Jim Rogers.

When? 10 yrs later, maybe...
But this year definitely NO, i can bet with him.

This big mouth guru, like to shout commodities 'cheong' ...maybe he had already invested a large sum of money in it..now shouting to induce others to get in and push up the prices...Dun listen to this guy too much, well shout 10 times maybe 1 time correct.

Agreed, oil touches USD$100 is almost a certainty, beyond that no-one can tell.

[kennynah]

bro C...

we both have common tastes.. such as a dislike for loud mouths...hahahaha...

[winston]

Chris Martenson Interview With Jim Rogers: Why Inflation Is Raging Worldwide And He's Shorting US Treasury Bonds
by Tyler Durden


"I see more inflation and more currency turmoil as we go forward.

There are huge debt imbalances in the world. U.S. is the largest debtor nation in the world and all the assets are in Asia. The largest creditors in the world are China, Korea, Japan, Taiwan, Hong Kong, Singapore – this is where the assets are and the debts are in the West. Those imbalances have to be resolved.

They frequently lead to more currency turmoil. We’ll see more inflation, we’ll see more governments fall. We just saw Tunisia fall – more are coming because the world is going to continue to have these problems, and especially inflation that is going to cause more social unrest."

So said investing legend Jim Rogers when he spoke recently with ChrisMartenson.com about the inflationary pressures rising dramatically around the globe, despite some governments' best efforts to downplay them.

Jim shares his "outside in" perspective on US monetary and fiscal policy, and how international players find themselves forced to react. He sees a lot of fundamental imbalances that need to be corrected for, as well as shortages of almost everything developing. In his words, "It's going to be a real mess before it's over."


In this podcast, Jim explains why:

• Inflation is ramping up worldwide, though many governments are trying to downplay the risk. In fact, the Fed is 'throwing gasoline on the fire' with its prodigious money printing.

• Higher interest rates are inevitable, which will lead to a lower standard of living for everyone - except those who have recognized the risks and invested accordingly.

• Dangerous supply drawdowns are occurring across the commodity landscape (including oil). This will increase the upward pressure on prices.

• Given a future of higher rates, as well as massive debt issuance, Jim thinks it's now time to short U.S. Treasuries

• The world economy is more interconnected than ever. All the players need each other, raising the systemic risk posed if countries start defaulting (which Jim notes is a more common occurance than most people realize).

http://www.zerohedge.com/article/chris- ... ng-us-trea?

[winston]

Jim Rogers Tells CNBC To Change Its Name To CommoditesNBC, Sees Oil At $150, Is Short Nasdaq ETFs, Expects More Governments To Collapse
by Tyler Durden

Jim Rogers, in his latest interview, cuts right to the chase: "I don't own many equities, because I don't know what is going to happen in the world economy. I expect more currency turmoil, more social unrest, more governments collapsing.

So I am investing in currencies and commodities rather than stocks." Pretty much like everyone else, as we have been suggesting for quite a while. Rogers snaps at the trademark CNBC question of what he would be investing in: "I have been explaining to everybody on CNBC for a year and half or two now that food prices are going to go through the roof, they're going to explode.

We have serious shortage of everything developing, including shortages of farmers... The average age of farmers in one major agricultural state is 58 years old. In 10 years it will be 68 years old.

In parts of Japan they have no farmers... It takes 7 years for a coffee tree to mature. Orange trees, palm trees: you don't just suddenly snap your fingers and suddenly get some more palm oil. All of this takes time."

So all those who believe that the surge in people rushing to fill the ag arbitrage holes will produce immediate results, may need to wait 3-7 years, dependant on access to manure.

On whether this is not a demand-led inflation in commodity prices:

Whenever governments have printed money throughout history, people put their money in real assets, whether it's rice or silver or natural gas. People protect themselves, they don't just say "give me some more paper money."

And if you say it's not demand: go to India, go to China, see how people are changing their lives and using more." As for supply: "Commodities are based on supply and demand. You can have demand go down, but if supply goes down more you are going to have a bull market."

Not surprisingly, Rogers see oil at $150, and the exchange between Rogers and some CNBC guy discussing the role of speculators (it is all the evil speculators' fault, never the Chairsaint) is worth watching the clip alone.

Rogers' response to CNBC's desperate attempt to get him to list a stock or two for the lemmings to buy into, the response is priceless: "Commodities have outperformed stock by 10 times over the last 10-12 years. Why aren't you doing only commodities. It's outperformed stocks by 1,000%. To me it's pretty simple, you should change the name to CommoditiesNBC."

And, finally, his response to what his stock exposure is is not what CNBC wanted to hear. "I am short emerging markets ETFs, short Nasdaq ETFs."


http://www.zerohedge.com/article/jim-ro ... asdaq-etfs?

[behappyalways]

Jim Rogers On The Fed!

http://www.youtube.com/watch?v=mtL4wkjv ... r_embedded

[winston]

The Best Thing Jim Rogers Ever Said By Brian Hunt

"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."

Although some of us dont really like his loud opinions, sometimes there may be a need to separate the Message from the Messenger.

As we are all trying to catch some falling knives ( or safe ), it's timely to remind ourselves of the above quote from him.

[winston]

JIM ROGERS: THE COMMODITY BULL IS NOT OVER by Cullen Roche

Long time commodity bull Jim Rogers says the bull market in commodities is far from over. Rogers believes shortages in most commodities provide a firm fundamental underpinning while the government responses to the economic crisis only exacerbate the price increases:

“We have huge shortages of everything developing. The facts are we are running out of known reserves of everything and shortages are going to get worse.”


http://pragcap.com/jim-rogers-the-commo ... s-not-over

[winston]

Jim Rogers: "Saudi Arabia Is Lying About Being Able To Increase Its Oil Production" by Tyler Durden

Jim Rogers joins Zero Hedge in being highly skeptical about just how credible Saudi's call for a 1MM + boost in its oil supply is: "Saudi Arabia has been lying about the reserves for decades.

Saudi Arabia the last two times said they are going to increase production and they couldn't increase production. Don't fall for that. The reason oil is going up is the world is running out of known reserves of oil."

Of course, then there is the question of does one trust the Quantum fund creator who retired at 37, or does one go with the sellside lemming brigade of monkeys with typewriters who will groupthink anything and everything to death, just to get paid another completely unwarranted bonus.

As to those who are concerned that the commodity "bubble" is about to pop, Rogers says: "It's still years away." And some reinforcement for the gold and silver bulls: "Gold will certainly go over $2,000 by the end of the decade, and silver will pass $50."

And as a hedge to his great commodity bull market call, Rogers continues to be short Nasdaq stocks. His thesis: "If the economy gets better I am going to make money in commodities, if it doesn't get better, I am going to make money in commodities cause they are going to print huge amounts of money."

Call it the adjusted Tepper call. Rogers is also holding a contrarian all on the dollar: "I own some dollars now because there was a huge drop in the dollar. I do sometimes like to buy things when they collapse, and sometimes I don't. Sometimes I lose money."

We assume this is merely a short-term revulsion trade as all the near-record USD shorts get flushed out as we highlighted in the latest Committment of Traders update.

http://www.zerohedge.com/article/jim-ro ... production

[winston]

Jim Rogers: Commodities & Foreign Currencies the Best Place to Be

Investor Jim Rogers talks with CNBC’s Larry Kudlow about his current investment strategy and the sinking US dollar.

Rogers believes commodities or foreign currencies are the best place to put your money.

He advises to protect yourself with silver, rice, natural gas, and other real assets, as supplies are decreasing.

Rogers is currently short NASDAQ tech stocks, through an ETF, and short emerging markets.

The investor chooses the Chinese yuan as his favorite currency at the moment and holds a negative outlook on the US dollar.

“Unfortunately, in Washington they’ve abandoned the dollar and they’re trying to debase it and make it go down,” Rogers says.


http://www.bullsource.com/jim-rogers-co ... ace-to-be/