Jim Rogers shorting Brazil, India, Vietnam but not China

Jim Rogers : To some extent, I do not agree. Although since the beginning of 2011, I have been shorting the emerging markets, including Brazil, India, Vietnam, U.S. technology stocks, and some European stocks, but I did not short China. China is the world’s largest creditor. The mainland of China, Singapore, Hong Kong, and other Asian regions gather a lot of capital and assets, so I suggest people to move to Asia in the future, and teach their children to speak Chinese. In some aspect, the future opportunities remain in China and Asia.- in Shanghai’s First Financial Daily




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

No country can be spared from the Recession in 2013 or 2014

Jim Rogers : As said before, the market in 2012 will be driven by the general elections. There will be a lot of government spending, which will pile up the debt. Then the situation may be bad in 2013 and 2014. The recession will be caused by the negative effects of the heavy debt loads. The United States may not have enough bullets to fight the next serious recession. Europe will have very serious problems too. This will undoubtedly affect other countries, including China. But compared to Western countries, China’s conservatism will lessen the blow. However, in general, no country can be spared from the recession in 2013 or 2014.- in Shanghai’s First Financial Daily




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

We will face Food Shortages

Jim Rogers : I also bought a lot of agricultural commodities. Their prices are still low. For example, the price of sugar fell 17% from 1974 to the present. Agricultural development is lagging. We lack the farmers and arable land because of agricultural depression. If this trend continues, we will face food shortages. Therefore, agricultural commodity prices must rise to attract capital and qualified people. Now the trend of investing in agriculture has already started, so not only I can foresee more and more farmers will become rich, but also I know that agricultural commodity prices will rise in the long-term. If the world economy improves in 2012, commodity prices will rise and I will make money. If there is an economic downturn, currencies will depreciate a lot, and commodity prices will also rise because people will hedge against the depreciation. .- in Shanghai’s First Financial Daily 



 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

2012 a very special year

Jim Rogers : 2012 is a very special year. Dozens of countries will have elections, including the United States, France, Korea, and Russia. The performance of these countries significantly affects the world economy. Usually governments increase spending in order to win the elections. The central banks will also print more money. Thus we will have more liquidity in the market. However, do not expect that the stock market will perform particularly well, since the global economy is still facing serious problems, such as the debt crisis and the growth slowdown. The rebound will be limited.- in Shanghai’s First Financial Daily




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Gold will fall to $1,300/oz

Jim Rogers: The price of gold is indeed correcting, but I think that correction will continue. I am not surprised that gold prices remain at $1,400-1,500/oz. Gold will fall to $1,300/oz. in this wave of adjustment and I will buy then. And if gold fell further to $1,200/oz., I will buy more if I have money. - in Shanghai’s First Financial Daily




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.