Jim Rogers: The Only Protection is Owning Real Assets

 Real Assets. This can be precious metals or it can be any tangible asset. Having cash in a financial system that collapses does you little good. Rogers also goes further in saying that you want strict control over your hard assets. Do not store them where you cannot have easy access to them at all times. - in tradethenewsroom



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 : invest in real assets like silver rice and natural gas

Jim Rogers :"...what you have to do is you have to find things that will protect your assets real assets silver rice natural gas something that will hold its value in an inflationary time , ......."....I do it two ways , I own gold and silver coins in my hand in my house in my box , I also own gold and silver futures that's another way to do it , or rice futures you can do it by buying futures if you know what's you are doing be careful always be careful..."... "Of course that's one of the best times , first of all be sure you do your homework for goodness sake do your homework , just because you see somebody on TV saying buy silver , do not do it until you know a lot about silver , but if you do your homework and you see that things are gonna be good for silver on days that silver goes down you buy yourself some silver , do not buy when it's going up , you buy when it's going down ..." " I own both , silver is 40% below its all time high Gold is making all time highs between the two , be sure you understand I own both , I think you will make more on silver going forward ....it is cheaper historically...." Bernanke he does not understand finance economics currencies all he understands is printing money and now we have giving him the printing presses he has run those printing presses as fast as he can ..." Jim Rogers with Judge Andrew on freedom watch February 06, 2011

Jim Rogers you should own Real Assets not stocks and bonds

Jim Rogers .“If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money, and that’s how you protect yourself,”
“This is the time when you should own real assets, not stocks and bonds. Throughout history, go back and look, you know we had huge inflation in the 70s, stocks were not in a good place to be,” Jim Rogers told Larry Kudlow on CNBC recently.

Jim Rogers : I would rather own Real Assets than Shares

Jim Rogers :"...Well, I do not own shares in many places any more, including emerging markets. Most emerging markets got terribly over exploited. My way to participate what is going on is to own commodities because if the world economy gets better, commodities will do very well because of the shortages. If the world economy does not get better, I still want to own commodities because the government is going to print more money. It is a wrong thing to do printing money, but that is all they know. So whenever they print money, it is good for real assets. So either way, I would rather own commodities than shares because I do not know what is going to happen to the world economy and I do know many emerging markets have been very-very over exploited. ...."

Jim Rogers : Investors Must Own Real Assets

Jim Rogers : "...Bernanke loves to debase paper money , this is not good for the world all these central banks flooding the world with paper money gonna have to own real assets in order to protect yourself ..." "...when the central banks start to agree with me , I am gonna have to start worrying , Mister Bernanke has never been right about anything ...come on please for goodness sake , I do not know why you pay any attention to him anymore and the other guys ...these guys do not have it right , all the things they have done have not worked , the world economy is still in trouble and perhaps getting wore and in the meantime they have been destroying the savings and investing class , you know the class of people who save who pay their bill to who invest in the future , these people have been destroyed , this is not good what the central banks are doing ..., please I hope I disagree with him for a long time ..." "I'd rather have the Europeans running the U.S. central bank than the people running the U.S. central bank, least they know how to try to build for the future,In America, Bernanke just says we'll print more money, we'll spend more money, even though the United States is now the largest debtor nation in the history of the world. Nothing Bernanke has ever said has turned out to be right , please go back to his record ad you will see , the man just does not understand economics does not understand finance , does not understand currencies , all he understands is printing money this is not going to work...."
"...Obama ? he'll print more money to , Obama does not know any better ... The things that have worked in the past... will be you go bankrupt then you re-organize and you start over. You have a painful period for awhile, and then you start over. This has been done in the past 3 or 4 thousand years, and that's the way you do it,... Trying to push the problem out to the future, and printing money, we just had another example here in the U.S., it didn't work and it's not going to work."
"All the central banks are building up their balance sheets ...,that's called printing money in certain circles , that's called quantitative easing , throughout history when governments have printed money the only way , the main way to protect yourself and to make money is through real assets her it is silver or rice or natural gas ..you pick it ...paper money is not going to do it for you ..."
This script was done manually and hence it is approximate and should not be taken literally....

Jim Rogers : Invest in Real assets cotton silver natural gas or in sound currencies

Jim Rogers on The Mangru Report 16 May 2010

Jim Rogers : Greece itself is a very very small player in the world economy , but if Greece goers it might mean Portugal and Spain and a few other European countries including the UK and then we have a mess on our hands at least in the financial sector , It is not the end of he world I assure you , although the people will tell you it is the end of the world , at the same time Dan since people do not know what else to do they're racing into US Dollars not that the US Dollar not a terribly flawed currency too and the US government terribly indebted entity , just because they do not know what else to do for the moment...
Europe and America are ten times the size of the Chinese economy , and the Chinese economy is three times the size of the Indian economy...so if America and Europe get into trouble , I assure you the rest of the world is going to suffer too even if China and India somehow continue to grow and prosper , they're just not big enough to offset the decline of Europe and the US ...we in the west in Europe and the US are going to have more problems whether it is this year or 2012 , I do not know what Dan , ..our problems aren't over , our bear market is not over , these problems are going to come back to haunt us and ti hurt us either this year next year the year after , sometime in the foreseeable future....
What to do with your money ..? as far as I can see the best place to have your money is in either sound currencies or real assets , now for my money real assets are a better place to be because through history when governments have started printing a lot of money , a lot of money has gone into real things whether that's silver or cotton or natural gas , I mean something that's real that people can use ...putting it into paper money at a time when paper money is being debased all over the world is usually not a good thing to do ...
Regarding the new Financial Reform Jim Rogers says : It is a waste of time energy and everything else , who knows what unintended consequences are going to be ...I can assure you without reading it , that they are going to be many problems that are gonna come from this bill in five or six years from now , and whoever lived back is going to say Oh my Gosh how did that happen ?!?! Dan we do not need more regulations , the industries that caused the problems recently were all extremely well regulated : insurance banking mortgages , those industries were very regulated ...it is not the regulations that caused the problems it is the regulators , the SEC went to see mister Madoff six times in twelve years and said he is fine there is not a problem with mister Madoff , most of the SEC guys it turned out , many of the SEC guys were setting down and watching pornography instead of doing their business , it is more competent regulators we need not more regulations...
regarding Ben Bernanke Jim Rogers says : his strategy is to stay in office , his strategy is to make sure he did get thrown out ...he can't get a real job all he could do is go back to academia , he knows that so what he is trying to do is pump things up so that the economy looks like it is getting better he'll keep his job , everybody will think he is a hero and he can go on to bigger and better things , he is not doing good things for America he is not doing good things for the world he is certainly not doing good things for the American citizens ....you know Dan what he has done is basically he has destroyed the class which saves and invests I mean people who save and invest the people who have been prudent with their money over the past five years are getting demolished by this ...Zero interest rate , so all the people who are going out and getting themselves deep into debt and making big mistakes he's saving them at the expense of the people who were prudent , I mean this is insane what's going on in the US