Jim Rogers and the fall of Lehman's Brothers

"Letting Lehman fail was perhaps the only thing governments have done right during this whole drama," said Jim Rogers in brief statement to the Financial Times today Sept 10 2009 , "Had the central bank allowed the failure of Long Term Capital Management to run its course, Lehman, Bear Stearns, et al would still be here,"
"Marx is singing in his grave there in London as the US government now controls the auto, mortgage, insurance
, banking, et al industries and he has not fired a shot," he added. , but other experts disagree one year after Lehman Brothers was left to fail , you decide who is right and who is wrong....

Jim Rogers I will sell all my US dollars and I will buy oil, minerals and stock of companies engaged in the real economy

I will sell all my US Dollars and will not buy any US Treasury bonds says 68 years old investor Jim Rogers while speaking at The International Financial Services Conference (CIFSC) held in Guangzhou Guangdong province in China on September 10, 2009.
". I will not buy more United States Treasury bonds because the government is constantly printing more banknotes. The world will never be a lack of U.S. dollars. I will buy oil, minerals and stock of those companies which are engaged in the real economy. " he was reported as saying ...
US dollar economy has encountered major problems, the dollar index fell to a new low, and it will continue to fall. If the dollar rebounds in the future, I will sell all the U.S. dollars. My whole family has moved to live in Asia. The story of the United States is over. A new story belongs to China.
regarding to the U.S. Treasury bonds, Jim Rogers thinks that both the U.S. bond market bubble and the economic crisis are growing. and that the bubble will burst it is not a matter of if but a matter of when ....
Via People's Daily Online

Not The time to Buy China Stocks says Jim Rogers

Jim Rogers on China's stocks: not the time to buy

"I will not buy Chinese stocks at this time. After a year or two, I would consider buying Chinese stocks again. " Jim Rogers told today the chinese newspaper The People's daily online , on the same way Rogers told yesterday another Chinese newspaper The Shanghai Securities News that he is holding back from buying any commodities at the present time , so that's quite a dramatic change recently in Jim Rogers investments strategy , the legendary investor is known for being very bullish on commodities and China in particular , he recently became bullish on Sri Lanka after the 30 years war ended ...
Jim Rogers have bought his first Chinese stocks in 1999 he said that he never sold one since but that he won't be buying any Chinese stocks at the present time cause the prices have soared dramatically since the beginning of this year , the Chinese stock market rose by an estimated 80% in 2009 , Jim Rogers says that he will buy more Chinese shares in the future if he senses any signs of collapse in the Chinese market ....Jim Rogers is presently in China participating in a forum in Guangzhou , Guangdong province


Via People's Daily Online