God also hath highly exalted him, and given him a name which is above every name: That at the name of Jesus every knee should bow ... And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.

Philippians 2:9-11

Showing posts with label Jim Rogers. Show all posts
Showing posts with label Jim Rogers. Show all posts

Friday, March 16, 2012

Jim Rogers on Future of Agriculture and Farming

Billionaire investor and commodity expert Jim Rogers says the smart person will go into agriculture in the years ahead, as there is no turning back population growth, and the number of farmers around the world is declining.

Of course when Rogers speaks of going into agriculture, he's not just talking about learning how to drive a tractor (although he includes that), what he's talking about is investing in agriculture in a variety of ways.

If you have the money, a great investment would be to acquire a farming operation and retain the farmer or farmers running it. You of course have to be sure of the qualifications, records and integrity of the farmer, but assuming due diligence, it will be a great investment over time.

Other areas to look to invest include those supplying fertilizers and machinery to farmers; companies like Potash, Mosaic, and Deere, among many others.

Rogers asserts one of the best ways to make money over the next couple of decades will be through investing in agriculture in some way.

In the recent past he has said he is invested in all the agricultural future to one degree or another.

As for gold, Rogers sees prices being under pressure in the short term, but over the long haul sees it running up past $2,000 an ounce.

Rogers has said he isn't selling any gold, and if it falls below $1,600 and ounce or further, he'll be a significant buyer of gold again.




Saturday, January 14, 2012

Jim Rogers on Gold and Economy

In an interview with India's Economic Times, billionaire commodity and investing expert Jim Rogers talked the economy as it relates to the upcoming elections in 2012, as well as his general view on gold and other commodities.

As for the economy, Rogers sees the election cycle as a disaster, with Obama doing everything he can to create the appearance of improvement, as he has the Federal Reserve print out huge sums of money.

Rogers said, "You have the American government spending staggering amounts of money right now, printing a lot of money and getting ready for the election."

"You have to remember the election in America in November...they do their best to get the economy juiced up so they can win the election."

The problem is the hangover from printing all that money, which inevitable results in a things getting worse rather than better.

Rogers noted that the solution is to allow the economy to cleanse itself via bankruptcies, i.e., allow businesses and financial institutions to fail. From there, the healthier banks and businesses will emerge, making the economy stronger. But the out of control government won't allow that to happen, making the near and distant future of great concern.

Concerning gold, Rogers said, "I own gold and I am not selling gold by any set of imagination." Rogers also said he would prefer the yellow metal would consolidate more in 2012. That way it would position it better for its continual upward price movement.

Wednesday, November 30, 2011

Jim Rogers on Commodity Sell Off

In a recent interview with CNBC, billionaire investor and commodity expert Jim Rogers said the recent plunge in commodities has very little to do with fundamentals, but is rather a response to the fall of MF Global, a huge commodities company.

Roger said, “With MF Global going bankrupt – which was a gigantic commodities firm – there was a lot of artificial forced liquidation of commodities. People have to sell whether they like it or not. It’s artificial selling right now.”

Hit particularly hard in the commodity sector has been agriculture, with rice futures plunging over 14 percent, and wheat futures dropping about 9 percent.

Rogers reiterated his way of thinking concerning owning commodities, “I’m long commodities and currencies, because if the world gets better, the shortages in commodities will make sure I make money; if the world economy doesn’t get better, I’d rather own commodities because they’re going to print money.”

The "they're" he's talking about above is the Federal Reserve.

Concerning the central bank, Rogers stated, “Throughout history, when things have gone wrong, they print money ... when they print money, you should own silver, you should own rice, you should own real assets.”

Rogers said this is a good time to invest in agriculture, for those products which have recently fell in value.

Commodity prices will remain volatile, according to Rogers, citing the ongoing recession.

Friday, October 28, 2011

Jim Rogers: European Crisis will Worsen

While applauding the size of the haircut Greek bondholders are undergoing, billionaire investor Jim Rogers says it's not nearly enough when taking into account all of Europe, which face the same problem.

Rogers said to Investment Week, "Never in a million years did I expect them to impose a haircut of 50 percent, this shows at least somebody is starting to accept reality."

Even so, Rogers rightly concludes politicians have just kicked the can down the road again, saying "Politicians have delayed addressing the problem yet again."

"It will come back in a few weeks or a few months and the world will still have the same problem, but this time only worse because the European Central Bank and other countries will be in deeper in debt."

Rogers calls for haircuts of a similar nature if Europe is to be saved, something that would ultimately result in unrest across the region.

The problem is the socialist promises made by governments that are simply unsustainable, as Europe and the United States are finding out.

What politicians are attempting to do is pass or duck the blame in order to hide the fact that socialism and the attempt at a one-world government doesn't work.

Whether by design or default, the world is quickly going to find out that politicians have been lying for years concerning the promises they made, and that, hopefully, will be a big hit to the socialist and fascist agenda that has permeated the world for decades.

Rogers concluded, "There has been a major overhang, so we will see the easing of some pressure, but the problem will come back because the Western world still has not dealt with its debt."

"Most European countries are increasing their debt rather than decreasing their debt. Until that changes, the problems are going to continue, just as they will in the U.S."

It makes one wonder if there's a connection between that and the NATO-led overthrow of some of the countries in the Middle East recently, meaning an attempt to point the attention of the public in a different direction, while buying time.

Either way, time is running out for the West in regard to its enormous debt load. And unless there are major spending cuts, the weight of the debt will result in economies and the careers of many politicians to come crashing down, and inevitable unrest following.

Thursday, September 8, 2011

Jim Rogers on Civil Unrest in U.S.

In this video, Jim Rogers talks about the trouble the U.S. faces, and the resultant civil unrest that will ultimately come. He talked about this in the middle of March 2011, to show he saw this coming before it started to happen.

As always when listening to Rogers talk, keep in mind the principles behind his reasoning, as that is where the gold is. Understand those principles, and you'll understand a lot better the forces behind how this world is currently operating, and where they will bring us to.



Rogers says:

These are economic hard times. They need to understand what is happening. This is not a time to buy anything. The only sector where the fundamentals are improving is commodities. Oil reserves are declining. If you need to own something, you should learn about commodities and buy accordingly.

If we could time the markets, we would be very very rich. Otherwise look at the long term trends. Farming is going to be a very big business.

Agricultural commodities are going to do better than others. Most are still significantly below their all time highs. There will be civil unrest in the United States very soon. Cash is an alternative to purchasing commodities if you think that the situation is too perilous. People are covering their shorts and that is putting a lot of buying pressure on the dollar.

These are perilous time, and we should expect to see more civil unrest. Japan has huge reserves and they are the largest creditor nation. Asian is filled with creditor nations, and in the past the world center has always moved to where the money is.

Jim Rogers on How the Fed Creates Problems

Jim Rogers talks on Breakout how the Federal Reserve doesn't solve problems, but rather creates even more of them, and bigger ones.

Wednesday, September 7, 2011

Jim Rogers on Coming Global Depression

Jim Rogers is among the best communicators on what is the real condition of the global and U.S. economy, and has the financial insights to back it up.

It would be better to listen to a few dozen videos of Rogers, as far as getting a solid economic and financial education, than just about anything out there. Forget the worthless MBA and other trinkets. They're a waste of time and money.

Rogers is the real thing in his several specialities, which are commodities, currencies and the economy. Listen to him and learn.

Because Rogers talks of underlying principles, even if you find videos that are a little dated, they continue to be relevant for today, although you have to balance what he was investing in at the time he talked.

Jim Rogers Talks Ron Paul, Economy

Jim Rogers talks in this interview with the Financial Times about Ron Paul, the economy, and other topics like gold, the Federal Reserve, the U.S. Constitution, inflation, and the U.S. dollar.

Jim Rogers Talks Worsening U.S. Economy

If you want to get a solid understanding of some of the macro-economic realities affecting, or about to affect all of us, you can't do much better than billionaire and commodities expert Jim Rogers.

In this video he talks about the fact the financial crisis in the U.S. is worsening. Other topics are oil prices, the economy, increasing debt and China's growth.


Jim Rogers Sees Commodity Supercycle

Jim Rogers has been a bull on commodities for a number of years, but he has even gotten more positive on the raw materials lately, saying he sees the supercycle has another 20 to 25 years to run before it slows down.

Also commenting on the decision by the Swiss National Bank to battle the appreciation of the franc against the euro, Rogers said it's ”a huge mistake,” adding “the market will have more money in the end than the SNB.”

Rogers said on CNBC that risk faced by the bank is it probably will “totally debase the Swiss franc trying to keep Switzerland ‘competitive’ which will then destroy the traditional Swiss financial industry.”

According to Rogers, he sees the Chinese yuan as the best place to park your money as far as a currency goes. He also likes the U.S. dollar over the short term, but sees it as the worst currency over the long term.