Thursday, April 28, 2016

Why Jim Rogers isn't ready to give up on China, commodities or the U.S. dollar


Concerns about China have shaken global markets and oil has been suffering, but Jim Rogers, the iconic founder of Rogers Holdings, remains optimistic.



Saturday, April 9, 2016

Jim Rogers discusses US dollar and gold


Jim Rogers is long on China and short US dollar. He says the dollar is not safe and gold will turn into a bubble. Investment opportunities are in Nigeria, Kazakhstan and Iran.


Wednesday, April 6, 2016

ET NOW Exclusive : Jim Rogers


If you can only go to one country in your life, you should go to India' says Jim Rogers, Chairman of Rogers Holdings and Beeland Interests. Catch him in an exclusive conversation with ET NOW.


Sunday, April 3, 2016

Rogue Money Radio - Guest: Jim Rogers


Maverick Investor and brilliant market strategist Jim Rogers sits down with The Guerrilla for a review of the entire global geo-economic/geo-strategic picture.


Thursday, March 17, 2016

Strengthening U.S. Dollar has Historically been Negative for Commodities

Rogers Holdings Chairman Jim Rogers is certain that the U.S. economy will be in recession in the next 12 months.

During an interview on Bloomberg TV with Guy Johnson, the famous investor said that there was a 100 percent probability that the U.S. economy would be in a downturn within one year.

"It's been seven years, eight years since we had the last recession in the U.S., and normally, historically we have them every four to seven years for whatever reason—at least we always have," he said. "It doesn't have to happen in four to seven years, but look at the debt, the debt is staggering."

Most Wall Street economists see a much smaller chance of a U.S. recession within this span, with odds typically below 33 percent.

Rogers was not specific on what could trigger a disorderly deleveraging process and recession but claimed that sluggish or slowing economies in China, Japan, and the euro zone mean that there are many possible channels of contagion.

The former partner of George Soros suggested that if investors focus on the right data, there are signs that the U.S. economy is already faltering.

"If you look at the payroll tax figures [in the U.S.], you see they're already flat," he concluded. "Don't pay attention to the government numbers, pay attention to the real numbers."

In light of the economic turmoil envisioned by Rogers, he is long the U.S. dollar.

"It might even turn into a bubble," he said of the greenback. "I mean, if markets around the world are crashing, let's just say that scenario happens, everybody's going to put their money in the U.S. dollar—it could turn into a bubble."

Rogers added that a strengthening U.S. dollar has historically been negative for commodities—the asset class that the investor is best-known for.

While the yen is often designated as a risk-off currency, it won't benefit in the event of a flight to safety due to the massive, continued expansion of the Bank of Japan's balance sheet, according to Rogers, who said he exited his position in the yen last Friday.

- Source, Bloomberg

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