Jim Rogers 02 (Jun 10 - Dec 26)

[winston]

On CNBC:-

Jim Rogers thinks that there would be another recession in 2012 / 2013.

The next recession will be quite tough as we have used up all the bullets.

The governments will then be forced to print money and it will be good for Commodities.

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

Winston's comments:-

I can agree that the next time, they will not have any more bullets.

Not sure that I agree that it would be good for Commodities, as there's also an ongoing Deleveraging process.

[winston]

Jim Rogers: Japan Stocks Are ‘Very Cheap’ By Julie Crawshaw

International investor Jim Rogers says buying Japan's bourse is a bargain these days, and domestic investors incurring losses overseas are likely to repatriate funds into the local equity market.

“They will soon start losing money on the money invested abroad so a massive amount of that money is going to come back home,” Rogers, chairman of Rogers Holdings, said at a forum in Tokyo,

The Taipei Times reports. “I doubt that will go into bank deposits or bonds because interest rates are so low."

"Then at least they can go to commodities or stocks.”

Rogers said he holds shares of Sanrio Co., the Hello Kitty brand licenser, and toymaker Tomy Co.

Sanrio has soared 110 percent this year, but Tomy, the Japanese maker of Transformer and Pokemon toys, has slid 27 percent.

Despite these buys, Rogers remains pessimistic about most of the global economy as it faces the prospect of inflation and currency-market turmoil, noting that, in Japan, problems associated with a declining population and a swelling public debt will grow in 10 to 20 years.

Rogers added that he is “very, very bullish on Asia, especially China,” but is waiting for a rout in the Chinese stock market before buying more China shares.

India isn’t attractive because of the nation’s high debt, says Rogers, but Myanmar, with its abundant natural resources and ongoing government reforms, is the “most promising and exciting” Asian market of all.

http://www.moneynews.com/StreetTalk/Rog ... /id/419227

[winston]

Jim Rogers: ‘Become a Farmer. Finance is Finished’

Investors should stick with commodities and even invest in things like farmland over the coming years for growth and safety, says noted commodities bull Jim Rogers.

Commodities prices may have dipped recently, but those declines were due in part to the bankruptcy of MF Global, a major player in the asset class.

Once MF Global accounts are liquidated and the market digests the company's failure, expect natural resources to continue climbing.

"I'm putting my money into real assets, things like commodities and natural resources because if the world economy gets better, I'm going to make money because of shortages and if the world economy doesn't get better, which is possible and maybe even probable, governments are going to print money," Rogers told Newsmax.TV in an exclusive interview.

"When they print money, you need to protect yourself in silver or rice — you pick natural resources. That's how you protect yourself and possibly make a lot of money," Rogers said.

Central Banks in major economies have flooded their financial systems with liquidity to fight deflation and fuel employment, which tends to weaken currencies.

When paper currencies weaken, commodities often strengthen as a hedge.

"I happen to own all commodities, I own more of agriculture and precious metals than the others, but I expect them all to continue to do well.

Commodities over the past 10 to 12 years have done much better than stocks, and I expect that to continue to be the case," Rogers adds.

Gold has risen for 11 years and is due for a correction but don't abandon the asset, as a correction does not signify a more lasting reversal of an upward trend.

Demand issues will keep commodities going strong as well, as more and more Asian economies grow and will need things like grains, rice oil and copper to fuel their development

Plus uncertainties in stock and currency markets makes commodities a solid long-term play, especially with loose monetary policies coupled with political and general economic uncertainty.

"The problem is currencies everywhere are being debased, and that's why I would rather own real assets. I'd rather own silver or rice than Toyota or IBM," Rogers says.

"If you can get the right farmland I would suspect farmland would continue to be a wonderful place to continue to put money," Rogers tells Newsmax.TV.

"Become a farmer. Finance is finished."

While social unrest could roil the U.S. and Europe next year, governments could topple from it elsewhere, especially in countries where one party has dominated for years.

"You're going to see more social unrest including in the United States, including in western and in developed countries. There's going to be a lot more social unrest. More governments are going to fall, more countries are going to fall," he said.

"When I say be careful, I mean be very careful in every way, not just with your investments but with your life," Rogers says, quick to clarify that social unrest in the United States and Europe won't lead to coups like it did in the Arab Spring uprising across the Middle East this year.

"I don't know if any European countries are totally going to fail. You've seen Libya totally fail as a country. You've seen Somalia. You will undoubtedly will see Syria totally collapse as a country. You might even see Iraq collapse as a country," Rogers says.

"You are going to see more countries where things have been stifled artificially, now that people have the Internet and Facebook and all this other stuff, you are going to see a lot more turmoil and governments being changed around the world especially the ones where you have had a one-party state for a long time."

In the U.S., whoever wins the 2012 presidential elections will be battling major economic problems and if President Barack Obama wins, he might want to pick a new team, Rogers suggests.

"Mr. Obama doesn't seem to understand what's going on in the world around him. His advisers certainly don't. I hate to laugh but I kept saying in 2009 that Mr. Obama has got to learn these guys don't have a clue," Rogers says.

"We're all going to learn in 2013, 2014 and in 2015 that they are going to make things worse and worse and worse because the world's got serious problems partly caused by these guys who don't have a clue. The idea that you have the people who caused the problems to solve the problems is bad for my nervous system."

http://www.moneynews.com/StreetTalk/Rog ... /id/420348

[winston]

Rogers: Buying Bonds A “Terrible Mistake”

Jim Rogers says bonds are in a bubble, and that investors should own hard assets because of the Federal Reserve’s massive quantitative easing efforts — which he says are continuing.

“I am not short bonds yet but I plan to be short bonds,” Rogers tells FOX Business Network.

“My view is buying U.S. government bonds at this stage is a terrible mistake; it is one of the few bubbles left in the world.

If the world economy gets better, you are going to make money in commodities because that’s where the shortages are.

If the economy doesn’t get better, they are going to print money. And when they [print money], you better own things to protect you.”

Rogers blasted the Fed, saying it is in fact engaging in another round of quantitative easing without telling the public.

He also says Europe should let Greece go bankrupt.

http://theguruinvestor.com/2011/12/13/r ... e-mistake/

[winston]

On Fast Money, CNBC

Lee spoke with commodity guru Jim Rogers in a telephone call from Asia.

Rogers said he was buying ag commodities because he see shortages of everything in the years ahead.

He said he is short the emerging markets, U.S. technology and European stocks.

He said he couldn't see any value holding stocks when you can hold commodities.

He acknowledged there may be a substantial correction in gold and silver but he would use any pullback to buy the metals.

Source: The Street

[winston]

Jim Rogers says has short-term bet on euro, bearish on gold

SINGAPORE (Reuters) - The euro could rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, investor Jim Rogers said on Tuesday.

Rogers, who co-founded the Quantum Fund with George Soros in the 1970s and is a well-known commodities bull, also said he remains bullish on commodities in general but expects gold will drop further given the run-up over the last 10 years.

"In my view, gold could go to $1,200-$1,300 (an ounce)... Gold has been up 11 years in a row which is extremely unusual in any financial asset so gold is overdue for a correction," he told Reuters Insider in Singapore where he now resides.

"Agriculture is what I own a lot of," he added.

Spot gold rose as much as 1.4 percent to $1,586.95 earlier on Tuesday, helped by investors renewed appetite for riskier assets.

The precious metal has, however, lost about 15 percent of its value since it hit a high of over $1,900 in early September.

On currencies, Rogers said he has a short-term bet on the euro as investors appeared too pessimistic.

"I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another," he said.

He added, however, that he had short positions on European stocks.

He said he was still holding onto his long dollar positions given the market uncertainty. Rogers has been critical of the U.S. Federal Reserve for buying bonds with newly printed money, which he said will debase the currency over the medium term.

"People, rightly or wrongly, when there is international turmoil, put their money in U.S. dollars. It is the wrong thing to do but that's what they do, so I still own my dollars," he said.

http://in.reuters.com/article/2012/01/0 ... 6G20120103

[kennynah]

"I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another," he said.

sure... 0.8euro to a 1 USD also seen as having survived... one man thinks he can move the currency market... think again

[HengHeng]

"I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another," he said.

sure... 0.8euro to a 1 USD also seen as having survived... one man thinks he can move the currency market... think again

He is rarely wrong

[kennynah]

He is rarely wrong

i think that what his fan boys will say too

[winston]

It's very difficult to listen to someone that we do not like, eventhough they may have some good ideas.

Good ideas comes from everywhere, not only from people that we like