Jim Rogers : The World has Consumed more than it Grows for a decade now

“I haven’t seen the frenzy yet,” say Mr. Rogers, who correctly predicted this Chinese-driven a commodities boom. ”I’ve been around markets long enough to know that when everybody’s on one side  of the boat, it’s probably not the right side to be on.
“I don’t see  enough supply having come on stream in most commodities to end the Bull Market,”  Mr. Rogers says. “Agriculture inventories are near historical lows because  the world has consumed more than it grows for a decade now. Many minerals  companies have canceled capital spending programs because they, too, have heard  from Wall Street that the boom is over.”

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%.

Chinese Market : The last time I bought Chinese Stocks in a big way was November 2008

“China has been  trying to slow its economy for quite some time now. They’ve had an inflation  problem. They’ve had a real estate bubble. But I know . . . that something  positive is going on in China and has been for a while. They are growing, they  have a high savings rate, they have a high rate of investment, and they have  huge international reserves,” he says.
“The last time I bought  Chinese stocks in a big way was November 2008. If and when there is a panic, I  hope I am smart enough to buy again. My Chinese shares are not for sale. That  does not apply to anything else I invest in,”

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 Mini Rally ? Yes and No

NANCY:  So are we having a rally in gold right now?  A mini rally?

JIM ROGERS :  Yes and no; it depends on which day you’re talking about.  I own gold and I’ve owned gold for many, many decades.  The situation with gold, gold went up 12 years in a row and Nancy, I know of no asset in history that’s gone up 12 years without a down year, so the anomaly has been how strong gold was, so gold is now correcting.  In my view, the correction will be an anomaly too, because of the previous 12 years, so I would suspect you’ll gold have correcting for a year…two….three, I don’t know how long, and how low it will go, but it’s not going to be normal.  There’s still too many people who believe and not enough people who’ve given up on gold yet.  So I own gold.  I haven’t sold any gold.  Every once in awhile when it’s down, I buy more.  But the bottom, I don’t think is in.  The final bottom is not in yet.
in The Money Show Interview Click here to watch the Full Interview >>>>>

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%.

Agriculture Inventories are near Historical Lows

“I don’t see enough supply having come on stream in most commodities to end the Bull Market. Agriculture inventories are near historical lows because the world has consumed more than it grows for a decade now. Many minerals companies have canceled capital spending programs because they, too, have heard from Wall Street that the boom is over.”  - in Live Trading News

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%.

Advise to Young People: Get Agriculture Degrees

"If you've got young people who don't know what to do, I'd urge them not to get MBAs, but to get agriculture degrees." - in CNBC

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 : The Chinese-driven Commodity Boom is not Over

“I haven’t seen the frenzy yet,” say Mr. Rogers, who correctly predicted this Chinese-driven a commodities boom. ”I’ve been around markets long enough to know that when everybody’s on one side  of the boat, it’s probably not the right side to be on.
“I don’t see  enough supply having come on stream in most commodities to end the Bull Market,”  Jim Rogers says. “Agriculture inventories are near historical lows because  the world has consumed more than it grows for a decade now. Many minerals  companies have canceled capital spending programs because they, too, have heard  from Wall Street that the boom is over.”



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 : because of the Uncertainty , I'm not doing anything , I'm sitting and watching

Jim Rogers : "I don't see any reason to rush out and sell stocks now, because of these artificial currents which are taking place," he said. "I'm not buying U.S. shares at the moment, but I'm not shorting either, because I am concerned this may turn into a huge bubble. So I'm sitting and watching.""If the market doubles in the next six or eight months, which it's done in the past, then I'd have to start thinking about selling short," Rogers said. But until then, "because of the uncertainty—at least in my mind—I'm not doing anything." - in CNBC



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%.