Mohamed El-Erian on the impact of the Japan earthquake

Pimco CEO Mohamed El-Erian believes Japan will see a pick up in economic activity going forward ."the impact for Japan is firstly a destruction of wealth there has been a lot of physical damage a tremendous amount of human suffering so once and for all destruction of wealth secondly once and for all decline in economic activity so the heading hat the economists call the wealth effect and an income effect "..." going forward you gonna see different things , first you will see a massive reconstruction program to give you a sense Kobe 1995 was 2 per cent of GDP reconstruction people estimate this will be two to three times as large " " so you gonna see a pick up in economic activity driven by reconstruction , second the private sector is not going to go back to where it was before and that's because of the nuclear element , electricity generation is going to be less going forwards may be as much as 25% less......."

Jim Rogers Interview - NDTV 15 March 2011

Global Investor Jim Rogers and Rogers Holdings CEO was interviewed this morning by the Indian Tv NDTV about the Japan situation and much more , Jim Rogers believes buying commodities would be better than buying stocks post the series of disasters in Japan.
"normally when something like this happens it leads to a chance to buy things , all man made or natural disasters in the past meant that you could buy something , now I am not buying anything I am just watching at the moment , this is horrible and we do not know how it all gonna wind up , I would thing buying commodities would be better than buying stocks but I might buy both "

Jim Rogers : Japan quake a buying opportunity

Jim Rogers :"Yes, normally whenever there is an artificial event like this, it is a terrible tragedy, but also buying opportunity because we assume we are not going to have gigantic earthquakes every year. So it is normally a buying opportunity. It is a question of when you step in to buy. " Jim Rogers Chairman, Rogers Holdings said today in an interview with the Indian Tv ET Now

Jim Rogers : Japan quake going to increase demand for many commodities

Famed investor and commodities legend had an interview this morning with the indian TV ET Now he talked about Asian markets , oil and commodities as well as the impact of the Japan quake and Tsunami on the global economy ,regarding the impact on the commodities market of the Japan quake and Tsunami Jim Rogers had this to say
Jim Rogers : "Yes, this is going to increase demand for many commodities. This is the new source of demand for copper and lead and things that nobody expected of new demand coming out of Japan, now there is a lot of new demand coming out of Japan. If the rest of the world goes into an economic slowdown because of this, then governments around the world are going to print even more money, that is the wrong thing to do but that is what they will do and whenever they print money, it is good for real asset, commodities."