Jim Rogers New Investing Idea : The Russian Market (RSX, RSXJ, SPY)

Jim Rogers : "For 40 years they talked the right game in Russia and the Soviet Union, but they never did the right things," "(Putin) is starting to do the right things; that's what's catching my attention."
"The only time I was invested in Russia I was short the ruble and made a lot of money," Rogers says "Now I'm thinking about buying the ruble."
Related Stocks : RSX ,  RBL  BYR=X , XRU

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%.

Recession Is Coming in 2013 or 2014

Jim Rogers : “Sure they’re going to do something, because the economy is going to start getting worse next year,”“There will be some relief. Whether it’s going to save the economy, I doubt it.” “In the next year or year after, we’re overdue for a Recession,” Rogers says. “It’s going to happen.” The 2001 recession was mild, he notes. And the Great Recession of 2007 to 2009 was worse because debt was so much higher. “Next time around, whether its 2013 or 2014, is going to be much, much, much worse, because debt has skyrocketed since then,” Rogers says. “This is not going to be fun.”  - in Yahoo Finance Tech Ticker Interview
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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%.