Natural Gas prices have quadrupled since the bottom

Q: What are your thoughts on developments in recent years that have unlocked shale oil and gas? Some have said the U.S. energy boom is the most important development in political economy in decades.


Jim Rogers : I would urge people to go out and see what’s happening in the field. Yes, it was all very exciting in the beginning. But now we’re finding out that those wells are very short-life wells. Production dropped by 40 to 60 percent in the first year, and the demand for rigs to drill in the shale fields is down 75 percent in the last couple of years. The demand for pumps is down 50 percent.
So it’s not as much fun as we’d hope it would be. In some countries such as Poland, people have given up their shale leases, because they’ve realized it’s just not so simple. I read all the hype, but again I’d urge people to go into the fields and see what’s actually happened, rather than reading what journalists hype.
Natural-gas prices have quadrupled since the bottom. They’re not quadrupling because this is the most important thing in several decades.  - in investing.com




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%.

Asset Bubbles Around The World

There are certainly bubbles in the world. American tertiary education is in a bubble if you ask me. But there are other bubbles too. European football teams are in a bubble, property in Hong Kong is already going down from its bubble but Asia is in a better position than the rest of the West. Everywhere there`s artificiality going on. China has a real estate bubble and they are trying to pop it.


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%.

Lot of Liquidity Floating Everywhere

If anybody is being artificially inflated right now, it is the United States. But its not just the United States, it is everybody. Everybody has low interest rates. This is the first time in recorded history we have had every major central bank printing huge amounts of money trying to debase their currency.

So, what we have is an artificial, a huge artificial ocean of liquidity floating around the world. Yes, some of it floated into Asia, a lot has floated into the United States. I mean, it is amazing that stocks in the United States are near all time highs even though economic conditions certainly aren`t as good as they should be at an all time high. But that is because of this artificial ocean of liquidity floating everywhere.

Related: SPDR S&P 500 ETF Trust (SPY)

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%.

Stock Market Corrections

"The bull market in stocks between 1982 and 2000 had many significant corrections. In 1987, stocks went down 40 to 80 percent. 1989, 1990, 1994, 1997, 1998 – these were several very significant corrections in the price of stocks.

Back then many people said: Aha! Now the bull market is over. Well, they were wrong." - in IB Times

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%.