Jim Rogers : Japanese Stocks can Rally Short Term

Jim Rogers says the new Japanese Prime Minister, Shinzo Abe, won his election on promises to increase quantitative easing to jumpstart the stagnating economy. Consequently, the Japanese yen has been depreciating and Japanese equities have been rallying on the optimistic outlook. It all may sound good and feel good to investors, “but by the end of 2013, all this will be wearing off,” Rogers warned. “We will see serious problems and ramifications down the road.”

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 bullish on Japanese Stocks but only for the short Term

Jim Rogers : first of all you should not believe all what you read , what I said about Japan was that the Japanese stock market today is where it was in 1983 that's 28 years ago that's a long long time ago so things are very cheap , now the reasons that they are so cheap it seems to me that Japanese has reoriented itself , the Japanese stocks are now a way to play Asia and to play China so it is a great buy in Japan , it is cheap they reoriented the economy ...I am not given up on Japan at all but I would only own Japan for a year or two or three , Japan got serious problems , Japan is the largest internal debtor nation in the world and they got a declining birth rate a declining population , no no ten years from now I couldn't imagine Japan , Japan will is going to have horrible problems ten twenty years from now