Russia's Stock Market one of the Cheapest in the World

"Russia's stock market right now is one of the cheapest in the world, and probably one of the most hated," said investor and commodities guru Jim Rogers, chairman of Rogers Holdings, told Reuters. "This is the time to buy Russia." - in voiceofrussia.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%.

Jim Rogers : The Stock Market Collapse is a correction

Jim Rogers : "I'm always optimistic about the evolution of commodity prices for a simple reason. If an economic recovery takes place, the world will likely face a shortage. But if the reverse happens , I still believe that commodities are an essential asset class, especially when both our governments print money to try to deal with their mountains of debt.
Among the different products, I tend to focus on food crops for the simple reason that supply problems are not excluded in the coming years with global stocks tend to decline. Sugar, for example, whose price has surged last year, remains at a level lower than 70% below its historic high." via next finance






Jim Rogers :"It is time for a consolidation there is always a reason for a consolidation when it comes well the market went up for about 13 months in a row now we are gonna you know correct for a while " "In my view the correction should have started sooner and ...we'll see how long it goes there is always a reason when we have a correction looks like this time it is Greece and who knows what but we are gonna have a correction in my view that lasts for a while "

Jim Rogers :" The market is over due for sell off we discussed this before , the market went straight up for over a year that market is supposed to correct I presume the normal correction whether it is called by currency turmoil or english elections or who knows what , time for sell off and what have you