Video -- Jim Rogers on Japan, Abenomics, Nikkei 225 Index

Jim Rogers says that Abe will destroy Japan and that we will see the consequences of his money printing policies in 20 years from now ....






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%.

Prime Minister Abe will ruin Japan

 ETF.com: You’re famous for looking at and investing in places that other people aren’t talking about. Where is that right now? What part of the world are people ignoring?


Jim Rogers : I would start with Russia, given that it’s one of the most hated markets in the world. Russia is very, very cheap, and it’s a very neglected stock market with enormous natural resources. I first went to Russia in 1966 and came away negative, and I stayed negative for the next 46 years, so it’s been a long-term bear for me. But in recent months I’ve started changing my views and have started buying shares in Russia.

Another one might be Japan. I don’t know if Japan is ignored or not, but it’s down 60-70 percent from its all-time highs, so it’s still neglected to some extent. Sure, it’s doubled in the last year, but its all-time high is 24 years ago!

Prime Minister Abe is spending and printing enormous amounts of money, which in my view will ruin Japan eventually. In 20 years, we’ll look back at Japan, and its death knell will be what Mr. Abe did in 2012-2014. But in the meantime, there are staggering amounts of money and spending, and printing has to go somewhere, and I suspect a lot of it’s going to find its way into the stock market.



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%.

Why is Jim Rogers Investing in Japan

Q: Why Japan?

Jim Rogers : First of all, the market is down 70 percent or so from its all-time high. But Mr. Abe has said he’s going to print unlimited amounts of money. Those were his words. So he’s going to ruin Japan. Twenty years from now, we’re going to look back and say: that was the death knell for Japan.
But in the meantime, if you print unlimited amounts of money it’s got to go somewhere. The market is down dramatically in 24 years. And Abe also passed a law giving tax incentives for ordinary Japanese to invest in the stock market. I’ve seen that happen many times in history, and it always gets people to invest.
For those reasons, I’m investing in Japan. I repeat: this is all going to be a disaster in the end. Printing unlimited amounts of money is terrible. Running up staggering debt is terrible. But that’s what Mr. Abe is doing. He’s going to ruin Japan. But he might make the stock market go higher. - in IBTimes






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%.

Japan is a place where you might make some Money

Jim Rogers : You look at things like NTT, which has done nothing for 13 years. It goes sideways. Mr. Abe, two weeks ago, changed the situation in Japan by giving people tax-free incentives to invest in the stock market. I’ve seen this in many countries over the past few decades, and if you tell people they can invest in something tax free, you know what? They do it!

People aren’t crazy. The combination of what he’s doing and this new tax incentive means, in my view, Japan is a place where you might make some money.

Look at some of the blue chips in particular. They’ve done nothing. Normally, when people start investing in these tax-free kinds of accounts, they invest in blue chips, because that’s what they know.- in ETF.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%.

Money Printing Will Kill Japan

“The Japanese Central Bank has said that it will print unlimited amounts of money. That's their word and they're doing it. When people look back 20 years from now they'll say that's what killed Japan, but in the meantime, all the staggering, unlimited amounts of money have got to go somewhere and it's going to go into Japanese shares.” - in Mineweb




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%.

Money Printing Will Kill Japan

“The Japanese Central Bank has said that it will print unlimited amounts of money. That's their word and they're doing it. When people look back 20 years from now they'll say that's what killed Japan, but in the meantime, all the staggering, unlimited amounts of money have got to go somewhere and it's going to go into Japanese shares.” - in Mineweb


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%.

JAPAN : The Fundamental Problem in Japan is Demographics

Jim Rogers :  The fundamental problem in Japan is demographics. If they would let in immigrants or if they would have babies, then Japan could be very exciting. But they're not doing that, and they've got to stop spending money. Domestically, Japan is the world's largest debtor nation, and [Prime Minister Shinzo Abe] says he's going to spend even more. It's astonishing to me that in the last decade or so, politicians all over the world have said the problem of having too much debt should be solved with even more debt!- in Barron's

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%.

I Sold Japan in May, after it had run up

What about Japan?
 
Jim Rogers : I Sold Japan in May. Yes, after it had run up. It was probably too soon, and Japanese stocks could well go up more because of all this liquidity. But I'm not at the party anymore. I'm figuring out if I should go back to the party, but I'm usually not very good at getting involved with something that I'm skeptical about. - in Barron's



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%.

Japan Has Very Serious Problems

Jim Rogers : "Japan has a very serious problem. When we look back, Mr. Abe will have ruined Japan. Huge debt levels, horrible demographics, they won’t let in foreigners, the population is declining. Mr. Abe comes along and says he’ll ruin the currency. It is a disaster in the long term, and not guaranteed to work in the short term, either."


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 : Abe will ruin Japan

Fusion: How does it end in Japan – in tears ?
Jim Rogers: Of course it does. Japan has a very serious problem. When we look back, Mr. Abe will have ruined Japan. Huge debt levels, horrible demographics, they won’t let in foreigners, the population is declining. Mr. Abe comes along and says he’ll ruin the currency. It is a disaster in the long term, and not guaranteed to work in the short term, either.- Jim Rogers interview with Fusion MarketSite 

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%.

Japan Has A Very Serious Problem

"Huge debt levels, horrible demographics, they won’t let in foreigners, the population is declining. Mr. Abe comes along and says he’ll ruin the currency. It is a disaster in the long term, and not guaranteed to work in the short term, either." - in Market Watch

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 : Steep Slide in Japan’s Yen is Very, Very Dangerous

“[Abenomics] has made the stock market go up quite a lot, it’s been dramatic, but it’s made the currency collapse,” legendary investor Jim Rogers, says in the attached video.“The [Yen], which is one of the major currencies of the world, has collapsed 27% in no time,” Rogers notes. “It’s a very, very dangerous move.”Since the Yen blasted through 100 parity level with the U.S. dollar, its slide has continued to a new 4-1/2 year low.

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 : Korea Reunification bad for Japan

Jim Rogers: I’ve been there, and when I was were there were signs everywhere urging unification. In America, we are told it is an isolated, weird nation – a hermit nation. I went there and found that was totally false, like so much propaganda. Literally, there were signs everywhere that said “one nation,” “we want unity,” etc. They have been taught for many years to reach out for unification and the people are ready for it. I could see what was happening. They can see what is happening in China. All those lieutenants thirty years ago went to Beijing and Moscow. Now they are generals and they go to Beijing and Moscow, and they come home and say, “You can’t believe what has happened in Beijing, Shanghai, Moscow since they opened up – and we’re still sitting here in mud huts.” The old guy [Kim Jong-Il] knew this too. He lived outside, even if he was strange, the message got through. He didn’t want to return to North Korea, he wanted to stay in Hong Kong (I agree with him.) The kid there now [Kim Jong-Un] was schooled in Switzerland. He sees what’s out there. And they have their own needs, they need money, they need expertise, they need everything. It doesn’t make any sense for them to stay separate. I thought it might even happen under the father, but now that he is dead, it is going to happen much sooner. The main people against unification are the Japanese. Once you combine Korea, you have a country of 75 million people with huge natural resources in the north, vast cheap educated labor (at least disciplined labor) in the north, combined with capital and expertise in the south, all right on the Chinese border. They will run circles around Japan. Japan will not be able to compete with them, and the Japanese know it. Once there’s unification I am very optimistic, Korea might even be able to compete with China. [At the very least, Rogers has written that the South Korean female shortage will be met by North Korean girls.] - in The Motley Fool 


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 market that I am looking at is Japan

Jim Rogers : ...I hapen to be long commodities , I am short emerging markets and short technology in the US , I am also long currencies , I am short a major American bank and I am short bonds , it looks as though we gonna have a period of turmoil for a while I hope my shorts protect me I hope to even make some money on my shorts , the market that I am looking at is Japan , I own the Japanese Yen , I bought the Japanese shares when the tsunami came I think I am probably going to buy some more Japanese shares if I were looking for a new market and if things continue to go down that's probably where I would buy "  in Fox Business News 07/11/11

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 : Buy disaster when you can

Famed investor and venture capitalist Jim Rogers sets down with CNBC Mar 31, 2011 and answers questions regarding Japan the Yen nuclear energy future and its implications on oil prices , :
Jim Rogers : I bought some japan yesterday and last week so I was delighted to see that pushed it up today so keep going keep going ..." he said " mainly I bought the index and I bought one little farming stock , but I own the yen and the yen is down today ..." he added regarding the earth quake Jim believes that it will cause a slowdown in the Japanese economy "...of course it is going to cause a slow down in the Japanese economy , eventually though they gonna have to rebuild and they will rebuild it is going to cause a big surge in the Japanese economy and a big surge in demand for many many things , so I do not think japan is going to fall off the face of the earth , in the meantime I own Japan " " I was actually contemplating buying japan anyway and then all of a sudden it got hit by the earthquake and it has been a collapse , in my experience when there is some kind of exhaustion like this and the markets collapse you usually better off stepping in and buying it does not always work , but most of the time it will end up looking much better in six months to a year because the world does not come to an end and things do survive especially a country like Japan it's one of the largest creditor nations in the world and it is not going to disappear , it does not always work but most of time it does so it is pure and simple just experience buy disaster when you can "


.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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 : Massive Opportunities in Japan

Jim Rogers, commodity king and chairman of Singapore-based Rogers Holdings spoke with Yahoo Finance last week from Singapore about the massive opportunities that the Japan earthquake offers for investors ..."With Catastrophes come opportunities" Famed investor Jim Rogers told Yahoo Finance "The Yen is coming home to roast " Jim Rogetrs explains why he is longing the Yen one of his largest currencies

Jim Rogers :"...I am in Asia now and in Asia as you all know there is the yen , and the yen whenever there is a catastrophe there are also massive opportunities so , yes I am gearing up to do something , so far I am doing nothing except watching ..."
and Jim Rogers speaks about his outlook for the Japanese currency the Yen :"...I have owned a lot of yen , that's been one of my largest currency if not the largest so aim very pleased seeing it strengthen , the massive amount of Yen outside of Japan which have to come back now whether it's insurance money or individuals money or whatever it is , a lot of money is got come back into Japan , that's why I was long the yen before I did not do it because of this earth quake , and now it is coming home to roast "
"if the problems keep going I am gonna have to do something " Jim Rogers explains " longer term japan has huge problems including a perspective money printing machine coming out of the bank of Japan , " " I think I am gonna have to sell my Yens sometime in the next week month year I do not know , certainly it's not going on for ever ..."
the above partial transcript was done manually by the owner of this blog so it is far from being perfect , use at your own risk...

Jim Rogers on The Euro China Yuan and G20 - CNN Money 22 June 2010

Jim Rogers on CNNMoney June 22, 2010

Legendary investor Jim Rogers says China is simply continuing a process begun in 2005 to open their economy.Jim Rogers says that The US will get very little virtually nothing from this process what's the US gonna sell to China ?" Jim Rogers asks "not very much" "you know the Japanese Yen has gone up 400% over the past few decades they still have a balance of trade surplus with the United States !" Jim Rogers explains....

Jim Rogers on Japanese television

On a special interview for the Japanese television the famous investor Mr. Jim Rogers said that the Euro probably will disappear... and because the Gold has reached highest prices a good investment will be the Silver that has not reached the top prices...

Japan still hanging around, big fact Japan is not far away from Europe countries, Japan with a bigger debt than Europe is only surviving because 90% investments are put inside Japan... if the investors decide to put their money outside Japan, the situation can change a lot. After long time living in Japan I can say that most people don't even feel the real situation, we expecting very soon for a augment on the imposts now 5% going probably to a 7~10%, imagine that ...
Watching the market from the last 2 months where a new commercial year started is easy to feel how fragile the Japanese yen is today... stable now? yes, tomorrow???
I think the big problem in Japan is not an economic problem but much more a direction problem, people related to politics are too old with old ideas, fighting for things not so important, I'm not even talking about the corruption that still hidden for the dumb eyes..
read more >>>

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