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%.

Friday, December 4, 2009

Jim Rogers Advises Investors to go for commodities and leave the dollar

Jim Rogers Blog
Jim Rogers “The commodity bull market could lat 10 to 20 years. But I tell you it is going to be exciting years ahead for commodities because of several reasons. Lots of lands are getting cultivated across the world. People are getting serious about the opportunities in the agricultural market. Something good is going to happen in the boom market. And the boom market will end some day. But that some day is a long way from now. If there is a world-wide economic breakdown, it will affect the markets. But even then commodities are going to be a better place to be in than stocks and bonds.”

“If the world economy gets better, commodities will be a very good place to be, if not the best place, because the shortages continue to get worse,” he observed.
“If the world economy does not get better, commodities are still going to be a great place to be because governments have printed so much money and are continuing to print so much money.”

7 comments:

  1. And gold and silver bullion are wonderful commodities, and currencies, to be in.

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  2. I agree with Jim Rogers.

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  3. here is a compilation of thoughts on the path of the future being orchestrated in the world theater of political , financial , and production of needs categories , all due to a time in current events thats history repeating itself .... based of the past world wars over struggles to control resource needs during times of supply not keeping up with population growth , that leads political events , and as history shows after the struggle evolves into atrocity , resource expansion was the end result to attain peace . The question is , " will the current world leadership pick the right course of action to divert a continuing struggle and eventual conflict , or will the pick the right path and find ways to expand resource requirement to provide basic needs to a population growing at a 100 million a year worldwide , that Top Cereal Grains breeders say is Unsustainable ??? http://en.wikipedia.org/wiki/Norman_Borlaug , this is the USA top Cereal Grains Breeder , and he says Birth rate and famine meet in the next 40 years ... and the Science Czar John Holdren is planning for such events , http://zombietime.com/john_holdren/ , also the behind the scenes ; http://www.endgamethemovie.com/news.html , and this ; http://www.prisonplanet.com/ , although some of it is controversial , what isn't in today's world ????



    Its possible that these strains are man made http://in.reuters.com/article/health/idINTRE59J55H20091020



    Are the " Rules for Radicals " playing out as planned or is this all too perfect a coincidence that the events below are playing out in perfect sequence to bring about the fundamental change as is described in " Rules for Radicals " by Saul Alinsky . What follows is for those who want to change the world from what it is to what they believe it should be. The Prince was written by Machiavelli for the Haves on how to hold power. Rules for Radicals is written for the Have-Nots on how to take it away. Everyone needs to read this and ask yourself is this the fundamental change we really seek ????? http://vcn.bc.ca/citizens-handbook/rules.html

    When the future is skewed with uncertainty about growth , because of a lack of leadership to create abundance thats a peace initiative that has been the invention of bring peace to a civilization , like was the case back through History as depicted in struggles over Resources and the defense of them , we see another time similar developing worldwide in this time of history , but ........ Rules for Radicals stays the same as nations plot their strategies to defend their resources from consolidation .......some nations are in limbo while other engage each other , or form unionization and consolidate together out of increased defense as the frauds and misconceptions rage out of control and Politian's try to paper over the issues and buy favoritisms ......

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  4. The Most Undervalued Currency in the World
    http://www.moneyandmarkets.com/the-most-undervalued-currency-in-the-world-2-36238

    And this function has now led to nations ditching dollars like this ; " Leaders from Latin America and the Caribbean have agreed during a summit in Bolivia on creation of a regional currency aimed at reducing the use of the US dollar. "

    The decision came shortly after members of the Bolivarian Alternative for the Americas (Alba) gathered in the central city of Cochabamba for the start of the two-day summit, the AFP news agency reported.

    http://english.aljazeera.net/news/americas/2009/10/2009101712255748516.html

    And this ; China Calls For New Reserve System: Currency ETFs In Focus
    http://etfdb.com/2009/china-calls-for-new-reserve-system-currency-etfs-in-focus/


    All as the BRIC and China consolidate the Intrinsic Value of any Currency , and challenge the status of the dollar as the reserve currency , why did we allow our trade policy to be the Achilles' heel of our currency ????

    Rare earths are vital, and China owns them all

    http://www.marketwatch.com/story/rare-earths-are-vital-and-china-owns-them-all-2009-09-24?link=kiosk

    China hails $US3b oil deal with Iraq. August 28, 2008 ... desperate for energy that it is prepared to make significant concessions to secure oil supplies, ...
    http://news.smh.com.au/business/china-hails-us3b-oil-deal-with-iraq-20080828-44xr.html

    PetroChina's 60% stake in oil sands project may appear good for Alberta's economy, but it's bad for Darfur

    www.africafiles.org/article.asp?ID=21681

    And by not pushing harder for balance on trade currencies we have seen what was told to us in 1991 come true and devastate a wealth creation , and this has happened to all nations that participate in trade with WTO partners . and has devastated the financial system worldwide as described below ;

    http://www.thenation.com/doc/20011231/greider

    And it was a function of this and why did we not teach this fundamental in our economics courses ??? ;

    http://www.statemaster.com/encyclopedia/Gresham%27s-law

    Which was again told to us what was happening and was going to continue to our wealth creation and financial system if we continued to do nothing about the manipulation . Policy makers were bought off , as the donor list here, http://voices.washingtonpost.com/washingtonpostinvestigations/2008/12/clinton_donor_list.html , shows the same ones that donate to political officials writing trade policy rules , are also the same heads of large Corporate Interests that Import to the Larger Economies tariff Free while having their products manufactured at the location of the Currency manipulation capital of the world , all of which renderers fair Competition Useless .

    This has caused the compete destruction of the Capital system and value creation from quality production acting as the primary contributor to value appreciate that build capital wealth in valuing product appreciation and price discovery standards in the monetary system .
    These fundamentals have got to change or the nations in the WTO will end in withdrawal .

    http://www.epi.org/publications/entry/issuebriefs_ib137/

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  5. Fake Gold created by Politicians http://www.popsci.com/diy/article/2008-03/how-make-convincing-fake-gold-bars

    more on fake gold http://www.the-boondocks.org/forum/index.php?t=msg&th=26739&start=0


    http://www.forbes.com/feeds/reuters/2009/11/30/2009-12-01T005136Z_01_N30470009_RTRIDST_0_VENEZUELA-ARMS-RUSSIA.html

    http://www.forexblog.org/2009/12/japans-fujii-still-confused-about-intervention.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+forexblog%2FEOmh+(Forex+Blog)

    http://www.moneyandmarkets.com/the-bigger-and-riskier-monster-4-36648

    http://en.rian.ru/world/20081124/118512713.html USA breaks apart


    The Fed just passed $2TRILLION in their printing business (monetary base), up from $850Billion last year.

    http://alfred.stlouisfed.org/series?seid=WSBASE&cid=124


    All stock profits will be stagnate as long as we are rendered uncompetitive and unable to sustain job growth /income growth to drive consumer markets that yield stocks profitable by way of this manipulation .......This is why Gold and Commodities in General will keep going up , the capitulation is here because By not challenging this manipulation early on in the 1994-5 WTO free trade agreement we have witnessed what has become the greatest transfer of wealth creation and raw material resource control from the 4 corners of the world ever to have swept the world financial system and now threatens the existence of the Dollar as the reserve currency .

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  6. Nice post - uses the U.S. Dollar Currency ..Keep Posting


    Jack
    uses the U.S. Dollar Currency
    Browse Images

    ReplyDelete

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 "
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