RICI Rogers commodity index cuts 2014 US crude weighting

 Rogers International Commodity Index (RICI), managed by veteran investor Jim Rogers, will cut its weighting toward crude oil next year and raise exposure to natural gas, gold and silver, due to what Rogers termed "consumption changes". The shift in weightings of the RICI comes amid projections for higher US crude oil supplies in 2014, which some analysts say could further weigh on weakening prices.

US natural gas production is also expected to rise next year, although gas prices have been trending higher lately due to cold weather in key consuming regions of the country.

The Equity Bubble could still go on for a while

"America has had three central banks in our history. The first two disappeared," Rogers said.

"This one will too, because they keep . . . leveraging up the balance sheet. They keep making mistake after mistake. They keep printing money.""This is going to self-destruct, unless the politicians say this thing is a mistake, let's get rid of it," Rogers said. "It's more likely, though, that it will self-destruct.""With all the money printing and spending in the world, this could go on for a while,"  - in a recent interview with RT

Jim Rogers

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 : You could make a Fortune with the right Mining Company

 Jim Rogers : If you figure out the right mine, the right company—you could make a fortune. So I don’t avoid them. For me, it’s simple these days to buy the commodity itself, but if you find the right mine, you’ll make a lot more in the right mine than in the commodity. But the problem is, there’s hundreds of—no, thousands of mining companies, so you have to be very careful. - in  recent interview with Tekoa Da |Silva


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

Investment Tips : be sure you Understand your Investments, be sure you’re not overextended

TD: Jim, when you say “get prepared”, how can people do that, and do you mean people should continue to pull some assets out of the financial system in terms of holding them physically? 

Jim Rogers : Well, when things collapsed in 2008, people who were overextended with debt, or had investments they didn’t understand, or weren’t liquid enough, got hurt very badly as you know. That is going to happen again, and that’s why I’m urging people to just get prepared, be sure you understand what’s going on, be sure you understand your investments, be sure you’re not overextended, because when it comes, there’s not going to be much warning. I’m certainly not going to know when it’s coming, I wish I did, but I won’t. - in mining.com


 

Jim Rogers

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%.