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%.

Saturday, January 26, 2013

Jim Rogers : Commodities will do well because of Shortages


Rogers said in his own portfolio he’s long commodities. “If the global economy gets better, commodities will do well because of shortages,” he said. “Governments print money – that’s all they know. So own real assets like silver and rise and you’ll survive,” Rogers said. “Most people don’t think about commodities, but they’re starting to more and more.” “The supply of commodities has been in decline for over 20 years.” The major oil fields are in decline and there haven’t been many new mines opened. In agriculture, the average age of a farmer in the U.S. is 58, and 66 in Japan. “We’re running out of farmers,” Rogers noted. “I want to own real assets. I want to invest in companies that produce real goods. Shortages are getting worse, not better.” He would rather own natural gas at these prices than shorting the commodity. Rogers thinks we’re closer to the bottom than the top in natural gas. - in etftrends

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 Largest Currency Positions are in the Swiss Franc and Japanese Yen but He also owns The U.S. dollar and Chinese Renminbi

Jim Rogers  Largest Currency Positions are in the Swiss Franc and Japanese Yen but He also owns The U.S. dollar and Chinese Renminbi  “People will flock to the dollar,” Rogers said. “It’s not a safe haven, but people think it’s a safe haven. I will own it until people realize there is something better.”“The U.S. is the largest debtor nation in the history of the world. This is not a good situation. The U.S. dollar is terribly flawed and will be a big problem for us down the road.” - in etftrends

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 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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