JIM ROGERS

JIM ROGERS

Thursday, December 5, 2013

[VIDEO] Jim Rogers : Where to Buy in 2014 - CBC TV





With equity markets starting off December on a losing streak, Jim Rogers is out with another characteristic stark warning. This is all going to end badly. Jim Rogers told a CBC that eventually, the entire world is going to collapse.

Rogers boils it down to a singular notion that will tear at the fabric of system. Debt.
Jim Rogers – Gold Not Going Anywhere

Even with gold prices getting hammered by QE taper fears, Rogers doesn’t see an end to the commodity bull supercycle. Jim Rogers thinks this is just the normal ebb and flow of the market, and it isn’t unusual to have corrections. During the interview with CBC, he reiterates his bullish stance on agriculture. Hard not to be bullish on that, we all have to eat.

One area he does push back on is Natural Gas. Fracking is getting some hard PR as more and more communities reassess whether they want that type of drilling in their backyard. Rogers says is it best ‘not to get too excited about fracking’.
The Next Crisis

It wouldn’t be a Jim Rogers interview if he didn’t talk about the next massive crisis. Hey, they don’t make those doomsday prepper shows for nothing. His words are simple – the next one is going to be worse than the last.

“2008 was so much worse than 2000 because the debt was so much higher, you wait until 2014 or 2015 when the next crisis hits… debt has gone through the roof, the next one’s gonna be really bad”

Rogers ends the interview on a cautionary note – Be prepare, be worried and be careful. In other words stock up on the usual. It’s going to be a wild ride.


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%.





Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "