Tuesday, April 22, 2014

No Sanctions Will Hurt Russia More Than People Imposing Them

There is no reason for Russia to worry about the western sanctions it is facing now over the Ukrainian issue since Moscow has too many other trade partners to work with, Jim Rogers, financial analyst and co-founder of the Quantum Fund, said in an interview with the VoR.
Could China’s decision to purchase superjet planes be viewed as a gesture of support following a series of sanctions imposed by the West against Moscow over the Ukrainian issue?

Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

And there are some articles on the Internet right now where different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?

I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.

I think Mr. Obama is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.

And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate with in the nearest future, apart from China?

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

So, this decision to purchase these superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.


- Source, The Voice of Russia:

http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/
Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

And there are some articles on the Internet right now where different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?

I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.

I think Mr. Obama is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.

And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate with in the nearest future, apart from China?

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

So, this decision to purchase these superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.





There is no reason for Russia to worry about the western sanctions it is facing now over the Ukrainian issue since Moscow has too many other trade partners to work with, Jim Rogers, financial analyst and co-founder of the Quantum Fund, said in an interview with the VoR.


superjet planes be viewed as a gesture of support following a series of sanctions imposed by the West against Moscow over the Ukrainian issue?Could China’s decision to purchase

Of course it is. I’m an American, so I hate to say this, but America is shooting itself in a foot getting the most of our world to pushing China and Russia closer together. And you are going to see more and more trade between the two. And that makes the sanctions against Russia almost impossible, because there are other people who will not play.

And are there chances for the Russia Sukhoi Superjet planes to compete with other major plane-makers?

I don’t think that the Russians have enough to compete with Boeing planes yet. But you are certainly getting better. I mean, as far as cargo planes, you are probably better than anybody else. And if people are forcing you or forcing other people to buy from you, then, of course, your costs will go down, your quality will get better and it will only benefit Russia, but not benefit Europe or America.

I think that’s one reason Europe and America are a little hesitant to do too much about the sanctions, because they know that they may lose more than they will gain.

different experts say that the sanctions imposed by the EU and the US could be bad only for them. What do you think about this sanctions strategy that the US and the EU are using with respect to Russia?And there are some articles on the Internet right now where

neighbours. America cannot patrol all of those borders. You can get just about any products you need. Plus, some of the products that you sell, other people need them very-very badly, such as natural gas and some of the metals.I don’t see any sanctions strategy that they can use that will hurt Russia worse than it will hurt the people imposing those sanctions. You have many people who will trade with you – China, Iran, many of your

is making the fool of himself yet again. After all, Mr. Obama is the one who instigated the coup in Ukraine where there was an elected Government. Mr. Obama, his diplomats are recorded and we have recordings of them saying – we’ve got to do something about this Government. And then, when it went against him, he got angry. And I’m afraid he is going to shoot himself in the foot yet again.I think Mr. Obama

with in the nearest future, apart from China?And if we come back to this Sukhoi Superjet deal, does it mean that Moscow is switching to the eastern market and what are the other Asian countries that Moscow could cooperate

Of course, Russia is being forced to look east and not necessarily because they want to, but because they have to. If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

superjet planes is a gesture of support followed by the sanctions. And what about China’s trade with Ukraine in this regard? Will they stop any economic relations with Ukraine?So, this decision to purchase these

I doubt it. I don’t know why they would. I mean, they don’t want to be involved in a trade war. So, I don’t see why most Asian nations would cut off Ukraine or Russia, or anybody else. This is the fight Mr. Obama has picked and, perhaps, to some extent Mr. Putin. But I don’t know why China would stop trading with Ukraine, I don’t see that at all.
Read more: http://voiceofrussia.com/2014_03_27/No-sanctions-will-hurt-Russia-more-than-people-imposing-them-financial-analyst-2389/

Sunday, April 20, 2014

It's Time to Buy Russia

Tensions between Russia and the West may be on the rise following Moscow's annexation of Crimea, but some money managers say it's a good time to jump into the Russian market.

"Russia's stock market right now is one of the cheapest in the world, and probably one of the most hated," investment guru Jim Rogers, chairman of Rogers Holdings, said in Singapore Sunday, reports Reuters.

The ruble is down nearly nine percent on the year, and investors have pulled out about $4.4 billion from stocks and $4.1 billion from bonds between September 2013 and the middle of March, according to the latest data from EPFR Global.

"This is the time to buy Russia," said Rogers, adding that those banking on Russia should have a long-term strategy.

After Russia annexed Crimea, The U.S. and the European Union imposed sanctions that have already shown signs of hurting the Russian economy.

The country's reserve assets declined to $493.3 billion in February from $509.6 billion in December, according to data from the International Monetary Fund.

Rogers said he bought Russians stocks just last week and that if the EU and the United States impose more sanctions against the country and the market drops further, there would be even more buying opportunities there.

Rogers favors non-energy companies, although 58 percent of the RTS Index of 51 leading Russian companies is weighted towards energy and 13 percent towards basic materials.

Rogers is not alone in his thinking. "We believe that Russian equities are at levels which make them a compelling buy, and that patience will be rewarded," FMG chief investment officer Joe Portelli told Reuters.

"Russian stock prices could triple and they would still be at a valuation discount," agreed Chris Darbyshire, chief investment officer at Seven Investment Management.

- Source, Benefits Pro:


Friday, April 18, 2014

Facebook Isn't an Investment, It's a Waste of Time


Jim Rogers is asked about his opinion on Facebook. He believes that it is a waste of time and there isn't much money to be made in it.

- Source, CNBC:


Saturday, April 12, 2014

China Will Gain Massive Power & Influence by Bailing Out EU


Europe is taking its chance to make sure China knows its arms are wide open for any investment it can get. President Xi Jinping is visiting the continent - and Paris and Berlin have laid out the red carpet.

And the issue of human rights, so often a key part of talks between the EU and China, is strangely absent this time around.

On Thursday, the EU trade chief agreed to drop a probe into under-priced Telecom equipment, imported from China. Karel De Gucht says that's because Europe needs to do much more to attract Chinese investment.

There was some hushed criticism on China's rights record, with Human Rights Watch describing the conditions most Chinese people live in as "appalling". But investor and financial commentator Jim Rogers says Europe knows it has to be nice.

- Source, Russia Today:


Thursday, April 10, 2014

Jim Rogers - A Look Back at His Life and How He Got So Rich


James Beeland "Jim" Rogers, Jr. (born October 19, 1942) is an American businessman, investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund and creator of the Rogers International Commodities Index (RICI).

Rogers does not consider himself a member of any school of economic thought, but has acknowledged that his views best fit the label of Austrian School of economics.

Tuesday, April 8, 2014

Jim Rogers vs. Fred Kaufman


BBC Business Daily, Global Food Prices. Highly successful investor Jim Rogers, author of 'Hot Commodities', debates factually inaccurate and economically illiterate campaigning journalist Frederick Kaufman who blames global hunger on speculation in financial markets. Rogers explains that financial speculation on food commodities doesn't contribute to global volatility in food prices, but what is really causing this price-inflation in food prices is greater demand from a growing population, especially in Asia, supply problems with droughts, and floods and other climate hazards reducing crop yields.


Sunday, April 6, 2014

The Crisis is Not Over! A Conversation with Legendary Investor Jim Rogers


Stefan Molyneux speaks with legendary investor Jim Rogers about the future of the world economy, the coming economic shift and how to prepare for the future.

Jim Rogers is an American businessman, investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc.

Friday, April 4, 2014

Ron Paul and Jim Rogers Discuss the Global Economic Collapse


We frequently hear the financial press refer to the U.S. dollar as the "world's reserve currency," implying that our dollar will always retain its value in an ever shifting world economy. But this is a dangerous and mistaken assumption.

Monday, March 17, 2014

Want to Make Money? Drive a Tractor

Commodities guru Jim Rogers has a tip for the opportunity-hunters out there: Get back to the land.

For the first time in a long time, the world has “very low inventories” of food products, Rogers told the BBC’s Simon Jack. Plus, there’s a shortage of farmers — and those we do have are getting older, with an average age in the U.S. of 58. Added together, that means there are good prospects in the field.

“Agriculture’s been a terrible business for 30 years. It is now beginning to get better,” the high-profile investor said Tuesday, on BBC Radio 4’s Today” program.

“If you want to make a lot of money in the future — which many people do — you should learn to drive a tractor.”

While the dapper money man may have been pulling Jack’s leg somewhat, his underlying message came through: There’s cash in crops.

It’s not the first time Rogers has suggested this move. A few months back, he told Barron’s that people should “buy shares in farms, farm equipment, fertilizer and seed companies that trade on exchanges around the world.” What makes today’s comments more pointed is that signs are suggesting he’s right in his gloomy prognostication on food supplies.

Severe weather of different kinds, production constraints and other factors are pushing up prices of beef, bread and other staples (read: 10 foods eating into your budget). Plus, California — the U.S.’s agricultural heartland — won’t get any irrigation water this summer, despite being gripped by a drought. That should end up hitting consumer wallets, too. And even the crisis in Ukraine could end up putting pressure on grain markets.

But back to that tractor advice. Why doesn’t Rogers become a farmer, rather than an investor? asked Jack.

“Because I’d be hopeless at it,” he replied, laughing. “I’m not a very smart person. You have be competent to become a farmer.”

- Source, Market Watch:


Saturday, March 15, 2014

Threat of Pension Fund and Savings Confiscation is Real

Jim Rogers is holding on to his gold position in anticipation of an inevitable market bubble and substantial gains. Safe as money in the bank? Not so, says the self-made billionaire; the threat of pension fund and savings confiscation is just one more reason to add precious metals investments to a diversified portfolio.

- Source, Gold Seek:


Buy Canadian Maple Leafs Official Dealer of Gold/Silver Coin Fast S&H - Easy Pay for Bullion, Silver Gold Bull

Like this post? Subscribe to our free gold and silver newsletter