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%.

Thursday, July 1, 2010

Farmers face Real Estate developers in China

China's farmers face Real Estate developers

Anger over property confiscation is one of the main causes of unrest in China, as both authorities and property developers force farmers from their land.

But one Chinese farmer has been successfully fighting eviction with the use of a unique weapon.

Al Jazeera's Melissa Chan reports from Wuhan in Hubei province. (July 02, 2010)

Jim Rogers there are huge opportunities in the world but they are certainly not in the financial sector

when asked where he sees any opportunities him Rogers answered : Well Certainly agriculture You should all become farmers. Agriculture is going to be one of the most exciting industries in the next thirty years Agriculture's been a disaster for 30 years. We have a shortage of farmers now ...Jim Rogers says that all these guys who gt the MBAs made a mistake they should have gotten agriculture or mining degrees ...there are huge opportunities in the world but they are certainly not in the financial sector Jim Rogers added ...Jim Rogers in CNBC 1st July

Jim Rogers Investments : rather be invested with the creditors than with the debtors

Jim Rogers on The Markets : we have now worse problems than we had before





Jim Rogers : We now have worse problems than we had before,the idea that you can solve the problems of too much consumption and too much debt with more consumption and more debt is defies comprehension ...America quintupled its debt , the UK who knows how much.. its debt.... this is a problem , the people who received the money think things are better and they are better for them but the rest of us who are worse off are gonna have to pay the price ....My investment outlook is that I am long commodities and short stocks ...I do not own stocks in many places at all I think that if the world gets better commodities will do better because shortages are developing , if the world does not get better and the world economy does not get better they are gonna print a lot of money and that always been good for real assets , the assets are in Asia , the creditor nations are all in Asia now China Korea Taiwan Honk Kong Singapore , I mean this is where the money , so rather be invested here than ...you know where the debtors are you know who they are , rather be invested with the creditors than with the debtors .... famous investor Jim Rogers told CNBC. More consumption financed by more debt will not end the crisis because debt caused the crisis in the first place, he added.

Jim Rogers : I have more faith in the Reserve Bank of India than in the FED

I have more faith in the Reserve Bank of India than in the Federal Reserve(The American Central Bank ) ....“What’s Bernanke going to do, print more money? The world would run out of trees,” he added “Nowadays the ECB (European Central Bank) is doing a much better job as well as are central banks in Australia and Norway,” commodities legend and worldwide investor Jim Rogers said

Jim Rogers : Asia is the right place at the right time

Jim Rogers : US pains far from over

“The problems are not over. If you pump lots of money into an economy, it looks better but essentially it’s artificial. We are going to see more problems in the US over the next year or two,"
“Short-term pain is much better than to lose two, three decades. Who knows how long it might be? "
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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