2012 a very special year

Jim Rogers : 2012 is a very special year. Dozens of countries will have elections, including the United States, France, Korea, and Russia. The performance of these countries significantly affects the world economy. Usually governments increase spending in order to win the elections. The central banks will also print more money. Thus we will have more liquidity in the market. However, do not expect that the stock market will perform particularly well, since the global economy is still facing serious problems, such as the debt crisis and the growth slowdown. The rebound will be limited.- in Shanghai’s First Financial Daily




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 predicts a new recession around 2012

Jim Rogers, the legendary investor and chairman of Rogers Holdings, told CNBC that "since the beginning of time" there has been a recession every four-to-six years, and that's mean another one is due around 2012.
Jim Rogers : I am not rushing into buying BP , I am not short BP I am not doing anything I am watching because I know from previous experience that these things take a long time and that it takes plenty of time to do something later on , I will say Anna that this is going to put more pressure on the price of oil because this means less drilling more expensive drilling , less drilling more expensive drilling means less oil , , less oil means higher prices down the road ......Jim Rogers believes that BP have done what it was required to be done in fixing the oil spill....
Jim Rogers says that the European stress test was a total waste that was just PR and little else , it has no influence on what he does with the Euro , Rogers said that he still owns the Euro he is not selling the Euro and that he does have absolutely no clue how it is going to work out , the pressure was so great that he step in and buy it but he is still watching although he suspect he will go a bit higher but that he has no idea if he will keep owning it ( The Euro) ask him next week , next month next year events will dictate what happens ...the stress test was just PR they got the stocks up that's the whole purpose of PR Jim Rogers explains that's what CNBC and many other PR agencies are all about yes it makes things look better for a while , are they really better ? Jim rogers asks , no he answered they did not look at a lot of things that could go wrong , if you want to buy banks stocks by all means , I am not buying banks stocks at this point because I am not sure the problems are really solved I am not sure the problems are solved in most parts of the worlds economy so I am watching rather than acting Jim Rogers explains ...