Investor Jim Rogers said today the global capital markets haven’t reached “the final bottom” yet echoing sentiments of fellow investors Marc Faber and George Soros, who predicted this week that the stock-market rally will falter.
(Bloomberg, April 08, 2009)
Jim Rogers is a legendary investor known for his ability to predict major long term trends in several markets. Jim trades and tracks commodities, stocks, futures and interest rates all over the world. Jim has traveled extensively around the world and has written some of the best investment books available for traders. His latest book is a Bull in China, a book about the Chinese stock market.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
I would have liked you to post an in depth commentary on Jim`s views of why the bottom is not in yet.
ReplyDeleteall the kinder garden boys get this
ReplyDeletebut not adults, unfortuntely human being dreams until death
this is why casinos are open
how could millionaire live without stupids
all markets are legalised ponzi scheme few making money most .........................
if someone dare studying history
For a very intelligent discussion of this subject the article by Chris Leithner is worth your attention:
ReplyDeletehttp://www.leithner.com.au/newsletter/jun09_newsletter.pdf
Thank you dome adoa and battiwallah for your comments and directions. You`re both correct. It`s a shame that municipalities, insurance companies, governments, pension and endowment firms etc. base a lot of their existance on the stock markets of the world in which to extract money from. This is a dangerous endeavor at best and sometimes it blows up in their respective faces like now in America.Then taxes are raised to make up for their blunders. The markets, in my opinion, are manipulated by powerful interests to extract money from the "worker bees". It is all one big ponzi scheme in which the very few like Jim Rogers can succeed at and in which the public tries to emulate. BUT WHERE DOES A WORKER BEE PUT HIS/HER MONEY to keep up with long term inflation at very little or no risk?
ReplyDeleteanswer is
ReplyDeletei do not know,
time only makes money and will make them dissapear
it is clear to me everything goes up will go back to zero just matter of time
as result you have to be ready to jump out when everything is great and magic
and remember advice is only for ignorant
honesty does not exist and probably never exsisted
It`s a game of psychology and manipulation and dishonesty.
ReplyDeleteyes correct
ReplyDeletebut let s not forget
all the ponzi scheme, although strong they may look
suddenly will collapse
gm was invincible so roman empire and alexander the great
everyone everything finishes
then always there is someone clever than
and all will start again in another way
this is life and human being
Well, you can`t live in fear but a person should search for the truth which isn`t easy to obtain anywhere. You just have to think independantly. It`s best to be conservative and not swing for a home run by going on margin or laying a bet down that is too heavy for you should it not work in your favor. These financial people put on a nice pin striped suit , look good and speak well but do not know the future. I believe that most people who succeeded in the markets speculating were just lucky for a short time and had no special skills. However , dishonesty in the markets has yielded some some profits and once in a while someone goes to jail just to make it look good to the public.
ReplyDelete