Monday, October 16, 2017

Unlike Fiat Money, Gold is a Permanent Store of Value


Jim has been a long-time gold holder. And he believes everyone should hold gold – at least as an insurance policy.

“Everybody should have coins, physical coins, as an insurance policy, as an emergency, if nothing else. You hope you never need them. But you’ve got to start by owning gold coins, coins that are recognized all over the world.”

History has proven time and again that gold is one of the best ways to hedge your portfolio – that is, to protect it when stock markets everywhere fall. And, unlike paper money, gold is a permanent store of value. Gold has withstood history and maintained its inherent value. It’s durable, easy to transport, looks the same everywhere, and it’s easy to weigh and grade. In short, gold is insurance against financial calamity.

But what about investing in gold today? Jim says he’s not selling, but he’s not buying right now either.

“I’ve owned gold for many, many years. I’ve never sold any gold. I haven’t bought any serious gold since 2010. Before this is over, gold is going to turn into perhaps a bubble. It’s certainly going to get very, very, very overpriced. I’m not buying it now. But short of war, I expect another opportunity to buy gold and silver. And if it happens, I hope I’m smart enough to buy a lot.”

When the time comes, Jim believes gold coins are the best way to buy gold. But if you want to make big profits, look at gold futures and miners.

“You should have physical possession of some gold coins. After that, gold futures are the best way if you want to make money and you’re a good trader. Gold futures, that’s where you can get the most leverage, unless you can find the right gold mine. But there are hundreds of gold mines. So if you find the right gold mine, do it. But otherwise, have some gold coins in your closet or in your safety deposit box or both. And then learn about gold futures because that’s the way to make a lot.”

Like Jim, we’re fans of owning physical gold. But if you can stomach the volatility, my preferred way to invest in gold stocks is through a gold-mining ETF like the Sprott Gold Miners Fund.

As I told you earlier, it pays to listen to Jim. So I hope his latest ideas will serve you well.


- Source, Business Insider

Friday, October 13, 2017

Jim Rogers: Why Agriculture Should Be on Your Radar


Markets are more predictable than most people think. Stocks, sectors and markets rise and fall over time on repeat (as we’ve written before). For investors, it’s tempting to think that because a sector has been rising for some time… it will keep going up. Or that because another has been bearish for a while… that it won’t ever improve. This is called “status quo bias” – and it’s one of the most dangerous emotions in investing.

One sector that has been bearish for a long time is agriculture. It is down around 30 percent over the last two decades. But what goes up must come down (and vice-versa). Jim understands this, and that’s why he’s bullish on agriculture.

“Often throughout history if you find things that are disasters and you buy them, you may lose money first or you may go bankrupt first, but usually you make a lot of money in the end. It’s not the first time we’ve had big cycles in agriculture, in real assets, and probably not be the last time either.”

We’ve said something similar before: Often the best time to invest is when things are at their worst. That’s because shares are cheap when market confidence is low. And, since markets move in cycles, those cheap shares are bound to rise in value sooner or later.

If you want to follow Jim’s lead and buy into agriculture, he recommends the ELEMENTS Rogers International Commodity Agriculture ETN.


- Source, Business Insider

Tuesday, October 10, 2017

Legendary Investor Jim Rogers on Why You Need Physical Gold Today


Millennials (or, for that matter, young people – regardless of the generation) often get a bad press. But, in a bull market, Jim Rogers believes that under-35s can make serious gains because of their fearlessness.

“When things are going right, we all need a 26-year-old. There’s nothing better than a 26-year-old in a great bull market, especially in a bubble, because they’re ’fearless‘. To youthful investors, a bull market will never end…”

Now, that’s great in a bull market. But in stormier weather when things are going south, Jim thinks that older (and perhaps wiser) heads should take the helm because fearlessness can be very dangerous in a bear market.

As Jim says, most of these under-35s don’t know why they made money in the first place. So they don’t know why they lose money.

“The most dangerous time is when you’ve had a great success because you really think you’re smart, and you’re immediately looking for what’s next. And that’s when you should close the windows and go to the beach or do anything to get away.”

In short, during uncertain times, sometimes the best thing to do is nothing. And part of doing nothing is holding what’s maybe one of the most-hated assets of all: Cash. It doesn’t earn anything, inflation eats away at it, central banks can’t stop printing it, and you’re denying yourself the magic of compounding if you’re holding cash.

But cash is the perfect hedge. You don’t have to worry about the market crashing if you have a lot of cash.

Now, we don’t recommend ever pulling out of the market completely, as we’ve written before. But if the market starts looking uncertain, think about raising a little cash.


- Source, Business Insider, Read More Here

Monday, October 9, 2017

Jim Rogers Tells ETF Holders: The Next Bear Will Be Horrendous

Many investors believe that, with volatility at record lows and valuations at record highs, a major shock is imminent. However, these same investors have been burned by uncooperative markets, as an expected selloff has yet to materialize.

Rogers said he stumbled into his first job on Wall Street, but ended up falling in love with it because it allowed him to “follow the world and know about things.”

He added that, over his investing career, Roger's has learned that he has a tendency for his calls to be early. So now when he makes an investment decision, he waits six months before buying.

SD: How do you know the difference between being early and being wrong? Because -

JR: You teach me that, OK? I'd like to know. I'm still trying to learn.

SD: I really don't know, either. I mean, one of the things that has confounded, I think, all of us in this most recent unprecedented rally - I mean, it's not unprecedented in history, but the sort of things that have gone up and the level of volatility we've had that's been unprecedented. The only period that I can compare it to are the late 90s, where just everything in a certain area went up. Now it was almost-- at least in the States, it's almost everything across the board. And there have been plenty of people who've wanted to short the FANGs, to short some of the tech stocks, to short some of these very expensive blue chips. And they've been very badly punched.

And then even in the face of very good mutual fund investors, people with tremendous track records like Grantham Mayo, who have moved to a higher cash position - they've seen massive reductions, because their own investors don't seem inclined to stick around and see how it plays out. So both on a personal and professional level, being early seems to be incredibly painful and destructive to your business.

JR: Sure can.

SD: So if you've got a conviction, do you wait for a change in momentum? Do you use moving averages, which is something that I know people have been used, and I've used something myself, which is to wait until the 5 and 20-day diverge, and that gives you a signal that momentum's coming out of a trade? Or do you just need to size it to a degree which you can be persistent?

JR: Well, I usually - since I know I'm always early, I make a decision and then wait, and just make myself wait a month, six months, whatever it happens to be. And I'm still too early. I'm still too early nearly always, because I make the decision too soon, I realize. So maybe I better start making the decision later in life. Sometimes, you just have to throw in the towel. Especially on the short side, you have no choice. If they're just racing against you all the time, you can sit there and meet the margin calls all day long, but one of the old adages is, never beat a margin call, which you may have heard from old-time traders. If you've got a margin call, just don't meet it, because that means something is very seriously wrong.

SD: Right, that's your stop loss.

JR: Yeah, well, stop losses are usually before a margin call comes. But I want to go back to something you said. You're not as experienced as I am, obviously, because you're not as old as I am, is what I'm saying. But I remember in the early 70s, there was something called the Nifty 50, and they were 50 stocks that everybody - the JP Morgan bought everyday. Didn't matter. Avon, Xerox, IBM - they were stocks that always were eternal growth stocks.

And they just kept - we would short them, and they just kept going up. They never stopped. Polaroid-- that was another. And they just never stopped going up. Everything else stopped going up but those Nifty 50, which would be something like the FANGs today, or maybe in the late 90s, some of the other kinds of stocks. So this has happened before in market history. They eventually crack, there's no question.

And to today, if you look at the S&P 500, for instance, in the US, I think there are only 40 or 45 stocks that are above their 50-day moving average, to use technician's kind of talk. Everything else is in a downtrend. And yet the market is making all-time highs.

SD: And so there's a lack of breadth in the market.

JR: Definitely that lack of breadth. What is that - over 90% of the stocks are in downtrends. 10% are in uptrends, but they're big companies. And since the S&P is capitalization weighted, those 50 stocks, 40 stocks, whatever it is, dragged the average to all-time highs.

- Source, Zero Hedge, Read More Here

Friday, October 6, 2017

Jim Rogers Deutsche Bank is Broke, Derivatives Collapse Coming


The biggest danger that our modern day, financial world faces at this time is the massive amount of derivatives that now exist. This has the ability to completely unravel our system as we know it, and Jim Rogers breaks down how to best prepare for it, if you can even do so.

- Video Source

Monday, October 2, 2017

Bitcoin and Crypto Currencies Addressed by Jim Rogers


In this clip from our show 'Believe', we help you with “Money & Business.“ "Bitcoin & Cryptocurrencies Addressed by Jim Rogers, Billionaire Investor" 

• Thoughts on the surging Bitcoin & cryptocurrencies by the great investor Jim Rogers 

• A Billionaire’s perspective on why Bitcoin may or may not be “in a bubble 

• Is Bitcoin a good method to “take control away” from governments? Or could governments “pull the plug” on cryptocurrencies? 

Jim Rogers weighs in...


Thursday, September 28, 2017

Jim Rogers: Market Warnings for All Investors


Jim Rogers issues a market warning to investors. He sees massive volatility coming and says that it is best to prepare now, before it is too late and you potentially lose everything.

- Video Source

Sunday, September 24, 2017

THE BOTTOM LINE: Jim Rogers expects the worst crash in our lifetime


Henry Blodget examines market valuations and the dismal expected returns that go along with them. Jim Rogers says the market will crash in the next few years and calls the Fed clueless. Henry Blodget dives deep into two charts from John Hussman. Based on many different market valuation measures, stocks are extremely expensive. 

Blodget does point out that stocks can always get more expensive in the short term. However, the expected long-term return on a portfolio of stocks, bonds, and cash is very low based on these valuation levels. An interview with legendary investor Jim Rogers. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime. He also goes after the Fed. 

Rogers says the Fed is clueless and is setting the US up for disaster. Rogers likes investing in depressed markets. Rogers says its just like your parents taught you... "Buy low and sell high. Don't buy high and hope it goes higher." He is investing in China, Russia, Japan and agriculture. 

All these markets are depressed. Unlike the US which is at an all-time high. Though Rogers says the most important thing is to invest in what you know.

- Source, Business Insider

Wednesday, September 20, 2017

Jim Rogers: Catastrophe and Opportunity


BullionStar is proud to present our exclusive interview with the legendary American investor, Mr. Jim Rogers. In this exclusive interview, Mr. Jim Rogers shares his perspectives on the global economy and on gold. 

The interview touches on the potential catastrophe in the global economy and the opportunities it brings, the importance of acquiring physical gold and silver for insurance, Singapore being one of the best countries to acquire bullion and much more.

- Source, Bullion Star


Friday, September 8, 2017

Jim Rogers: Hoping to Buy More Gold in the Next Year or Two


Jim Rogers sits down with Birch Gold Group, where he discusses the recent actions seen in the precious metals space. He explains how he hopes gold and silver continue to go lower, so that he can then purchase more, at a steeper discount. 

Ultimately, Jim Rogers see's both gold and silver moving higher in the long term.

- Video Source

Thursday, August 31, 2017

Three Investing Legends On Bitcoin

The rise of bitcoin has been one of the biggest stories in financial markets this year. Up 150% year-to-date, the sudden surge in prices for bitcoin has surprised even its most ardent proponents, while catapulting digital currencies into mainstream consciousness for the first time.

Bitcoin's rapid ascent has brought with it a spectrum of opinions about whether this asset is the real deal. Is bitcoin here to stay, or is it a bubble ready to burst? To answer that question, ETF.com asked three investing legends for their take on this controversial topic.

Jim Rogers is a famous author, investor and businessman. He's well-known for co-founding the Quantum Fund and creating the Rogers International Commodity Index.

Kevin O'Leary is an entrepreneur who sold his software company for more than $4 billion. Today he's known as Mr. Wonderful on the hit TV show "Shark Tank" and as chairman of O'Shares Investments.

Dennis Gartman is the man behind The Gartman Letter, a daily newsletter discussing global capital markets that's been popular with traders and investors for more than 20 years.



Jim Rogers

I'm not an expert on the subject, but I know there are several cybercurrencies developing. I do know the world has a big money problem facing us. I do know that in the past few decades, nearly everything we know has been changed and problems are being solved by the internet―and money will be, too.

Our new system of money, whatever it is, is going to be something on the internet. Whether it’s bitcoin or not, I don't know. I’m not smart enough or knowledgeable enough to know.

I do know that, for instance, IBM did not invent the computer. But the people who did invent it, you haven’t heard of. So who knows who will wind up being on top with cybercurrencies?



Kevin O' Leary

My concern about cryptocurrencies is the fact that they can be used in an unregulated format. The speculation is that a lot of the ransomware episodes were driven by the availability of these currencies.

That's always going to keep them out of the mainstream and hold them back. For example, the attempt to create an ETF around bitcoin failed because the regulators didn't see it as something they thought had the merit to be invested institutionally.

It's also extremely hard to short bitcoin. Therefore, how do I know there's been a full price discovery on its value if nobody can take the other side of the trade?

I would prefer, at the very least, that there be an instrument by which I could short bitcoin, because I think you'd find a lot of people would like to be on the other side of the trade. Once all that price discovery came into it, along with more liquidity, it would be safer.

I look at it as another currency—and I do own multiple currencies in my portfolio—but I've always refused to take on the volatility of a bitcoin because I don't know if it's really got true price discovery.



Dennis Gartman

I love to talk about bitcoin. The only people who believe in it are the millennials. I understand that; they've grown up with this notion of bitcoin. But I find bitcoin to be one of the most ludicrous ideas I’ve ever come across.

Don't get me wrong; the idea behind it―the blockchain technology behind it―is bloody brilliant. The block chain methodology will change the manner in which we trade stocks, bonds, currencies and gold for years into the future. It will change the manner in which trading takes place.

But does bitcoin have any rationality behind it whatsoever? The answer, in my opinion, is no. It’s comically overpriced, comically close to a bubble, and we've seen bitcoin's high. I don't think there's any question that a month and a half ago we saw the high made in bitcoin.

What's amusing to me is that the believers in bitcoin say there's a fixed and finite supply that cannot be increased. Sure, maybe bitcoin supply can't be increased, but there are now over 100 other cryptocurrencies, which effectively increases the supply of cryptocurrencies.

And quite honestly, if you really think that bitcoin, once its last bit has been mined, is not going to reopen for further increases in supply, you're naïve; of course it will.

So has bitcoin supplanted gold at the margin? No question. For the millennials, bitcoin makes sense to them. Gold seems senseless; they don't get it. But the bubble has burst in the bitcoin phenomenon.

- Source, ETF.com

Monday, August 28, 2017

The Key Reason Jim Rogers Is Investing in Russia


The Kremlin as a whole has changed, notes Rogers. Specifically, the nation's treatment of its citizens.

"Something happened in the Kremlin, which means something happened to Mr. Putin," explained Rogers. "They used to just shoot you or take your money, or put you in jail – but they don't do that anymore – for most people."

Moreover, "they've changed their attitude and realized they have to play by the international rules that everybody else does," said Rogers. "They're trying to attract capital, investment, and brains!"

A key strategy of Rogers' is to invest where everyone else isn't. "When everyone is on one side of the boat, you want to go to the other," Rogers told Keith many years ago.

And that's precisely why he's bullish on Russia today. "Russia is maybe not the most hated market in the world, but it is certainly one of [the most hated]," said Rogers. "Nobody likes Russia except for Russia."

Keith agreed that Russia could be a great investment opportunity right now. In fact, Keith has been recommending investors pivot towards Russia since 2015.

"99% of all investors are missing out and would never invest in Russia right now," said Keith. "Instead, they'll sit back and wait for things to 'get back to normal' before making their move."

"As usual, they'll miss the truly extraordinary profits."

The question investors should be asking themselves right now is not whether or not to invest in Russia, according to Keith, but rather, how you will feel in the future knowing that you've been left behind.

As part of that, Keith prioritizes what he calls "Unstoppable Trends" in the market to keep investors ahead of the curve. These trends will continue to make you money no matter how aggressively Putin is treating his citizens or whether or not he is playing by international rules.

"These trends are backed by trillions of dollars that Washington cannot derail, the Fed cannot meddle with, and Wall Street cannot hijack," says Keith.

- Source, Money Morning