Jim Rogers: I am not buying Equities

ET Now: Where does that lead equities as an asset class, whether it is emerging market equities or US equities? What is the call on equities right now?


Jim Rogers: I am not buying equities because I do not see that equities may go up with all the money printing. But yes if equities go up, commodities are going to go up more.



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%.

Jim Rogers Expects Equities doing nothing, Commodities going through the roof & Bonds going down

ET Now: People who can probably buy or have positions in the emerging market equities, many people talk about how with the liquidity pushes that will be coming in, there will be burst of liquidity-fuelled rallies in the emerging markets. Do you think that is a possibility in the near term and thereby emerging market equities per se, not US equities, emerging market equities, do they present an opportunity as well?


Jim Rogers: Not for me. I am putting my money into real assets because I do not know world economy is going to get better with all the debt. The debt is going up in Europe, it is going up in America and that is going to lead to more problems in the world economy. In the 1970s we had a period like this, but commodities went through the roof. I expect there will be a period like the 70s -- equities doing nothing, commodities going through the roof and bonds going down.



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%.

Jim Rogers: Liquidity can make some Stocks go up

ET Now: So you do not expect any return from global equities from over 2013, over 2014?

Jim Rogers: I am not buying them. I mean liquidity can make some stocks go up. But if stocks go up, commodities are going to go up more. Why should then I bother about stocks when commodities are going to do better?


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%.