Tuesday, June 27, 2017

Jim Rogers - The Party in the Markets Will End Soon

Indian markets are at record highs. What is driving this rally? Is there more steam left in this rally, or will the party be over soon?

It is not just Indian markets—what is driving Indian markets is also driving other markets. There are massive amounts of money around, and it needs to go somewhere, and it is going into the markets. India is not the only one going through the roof—look at Europe, America. The central banks have made a lot of free money available—Mr (Donald) Trump has told everyone that everything is going to be OK, and he is come up with some policies which people think will be good such as cutting taxes and building infrastructure… That is why markets in many countries are going up—I think the party will end soon, but I am very, very bad at timing it.

Are Indian markets expensive at this point? Why or why not?

I don’t know the Indian valuations currently. The problem is when the markets start going down, it doesn’t matter if they are cheap, or expensive—all of them will go down. I don’t know of anything that is really cheap in India.

When and by how much do you see an earnings recovery happening for Indian companies?

That is one of the problems—an earnings recovery has not taken place and the markets are going up. This is a problem globally because there is a lot of free money and easy money, and then there is optimism about tax cuts in the US—that is the worry for me—that all of this is not real and is based on free money. Free money, while it lasts, is wonderful, but it always come to an end.

Where does India stand in your EM/Asia preference? Why?

India is not the preferred market for me—it is at an all-time high. I’ve told you before that I don’t prefer to buy when markets are at an all-time high. I don’t want to get on a moving train—when you jump onto it, you’ll get hurt. You won’t get hurt if you buy something that is ignored and sitting in the corner—you’ll not make any money for a while, but you won’t get hurt.

Will Donald Trump’s tax cut plans impact emerging markets in a big way? How much impact do you see on Indian information technology (IT) and pharma sector from visa restrictions and protectionist policies?

If it happens, and Trump does what he says, it is good for the world, because it will revive many parts of the American economy.

When people have more money to spend, they will do it... everyone will be better off for a while, and that is why the markets are going up.

Trump says he will cut taxes and that sounds very good. But how is he going to do all this? Protectionism has never been good for anybody. No one has ever won a trade war. Every one will suffer with protectionism, and if Indians cannot go to America anymore, it may be bad for Indian companies, but it will be good for India.

The smart Indians won’t be rushing to the US any more—they will stay in India and build companies. Or maybe, they will go to China or Germany—but in the end, it will be better for India than the US.

Are geopolitical being risks ignored by global investors?

Absolutely.

Be it India, America or Europe—everyone is of the view that there is nothing to worry about... Interest rates going up is a big risk. Historically in the US, when the Fed raised interest rates four times, it was the end—the markets and the economy would then go down. Now, there are people who argue that it historically was correct, but it is different now as interest rates are zero; so maybe we can have a couple of interest rate hikes before the end.

What are the key risks to this rally in emerging markets, particularly India?

Remember, whenever markets are going up, people ignore the bad things. You can go and say that the emperor has no cloths and people don’t care. They are so happy with all the money they are making.

There is no question that the next time the world is going to have economic problems, it is going to be the worst that we’ve ever had since the Second World War, and a lot of people are going to be very angry.

Already a lot of people are very angry—there are a lot of people who cannot get jobs, and they have been waiting angrily for what they’ve been promised.

It usually takes a year or two after the markets collapse for that anger to build up—if say the markets collapse in September this year, by the September of 2019, you are going to be having a lot of very, very angry people.

Which sectors in India are you overweight and underweight, and why?

It depends on the prices—as I am not invested in India currently, I don’t know. But there are parts of the Indian economy that I am optimistic about for the future. Indian agriculture, Indian tourism, and these have a good future when the time comes down the round.

- Source, Live Mint

Saturday, June 24, 2017

Moscow and Beijing Are Cozying Up for This Key Reason

"The sanctions are pushing the Russians and the Chinese together," warned Rogers. "When you come to Moscow or St. Petersburg airport now the Chinese are everywhere."

We've been meticulously following the close relationship between China and Russia for years.

You see, China and Russia are colluding to shift away from dollar- and euro-based trade and revert back to a true gold standard.

"China and Russia have had enough of Western central bankers' clandestine gold price manipulation to prop up the U.S. dollar," we said in 2015, shortly after the sanctions were imposed. "Creation of a new gold market is just one way China and Russia aim to take down the U.S. dollar."

And now, with the rise of Russia's economy, they are closer than ever to doing just that.

If this gold-based trade expands to other large nations, it could cause a rush to safe-haven investments like the yellow metal.

But the smart investors – the ones who have been watching this trend as it unfolds – will buy up shares in the gold miners.

And Money Morning Executive Editor Bill Patalon – our champion stock picker and global trend expert – has identified one gold mining stock that is poised to soar as gold-based trade sweeps the globe.

"If you're going to buy a 'senior miner' in the gold sector, this is the stock you want to own," said Bill.

Check out the video below, where Bill shares with you how to play this "perfect storm" in gold with this stock right now. You don't want to miss this.

- Source, Money Morning

Wednesday, June 21, 2017

America Made a Foolish Mistake with Russia

U.S. sanctions against Russia have unexpectedly produced a number of positive consequences for Moscow, according to legendary investor Jim Rogers.

You see, when former President Barack Obama instituted the sanctions back in 2014, they were designed in conjunction with Europe to punish Russian President Vladimir Putin for his annexations of Crimea and backing rebels in eastern Ukraine.

However, according to Rogers, these sanctions were nothing more than a "foolish mistake" that led Russia to become stronger and more self-sufficient…

"It's not the first time that history has changed by some foolish bureaucratic mistakes," said Rogers to Sputnik News on June 2. "America is shooting itself in the foot, making agriculture in Russia boom."

This result is permanent and will have lasting effects on the United States, according to Rogers. "Once the farmers learn how to do it – they will continue."

Indeed, agriculture has overtaken arms sales to become Russia's second-biggest export sector next to oil and gas, reported The Financial Times on April 19. In fact, Russia is now the world's biggest exporter of grains – all thanks to the U.S. sanctions, according to Rogers.

"In many ways the sanctions against Russia have helped Russia. It has made Russia an agricultural boom. It is a very, very strong growth industry right now," said Rogers.

"There are many unintended consequences that are good for Russia and bad for America."

And one of these consequences – perhaps the most important – is one we've warned you about before…

- Source, Money Morning

Sunday, June 18, 2017

Jim Rogers: There's Plenty of Investment Opportunities in Russia

Russia is becoming increasingly popular with foreign investors, according to veteran US investor Jim Rogers.

Russia has large potential for economic growth and many opportunities for foreign investors, who are becoming more and more interested in it, veteran US investor Jim Rogers told Sputnik.

"There's… plenty of opportunities here," Rogers said on the sidelines of the St. Petersburg International Economic Forum (SPIEF), when asked if Russia had potential for economic growth.

Rogers said that he was interested in investing in Russia, had already bought some bonds and stocks recently and was looking to buy more despite some economic difficulties the country has experienced.

"I have learned in my life, in my investing career, that you should buy when there are problems… To find what everybody else is buying and what's popular usually doesn't make you much money… I am delighted to see the opportunities in Russia," Rogers said.

According to Rogers, Russia is becoming increasingly popular with foreign investors.


'Made in Russia' Brand May Enter European Market Within Two Years

Jim Rogers is a high-profile investor and international financial commentator. In the 1970s he founded the Quantum Fund with billionaire George Soros. Currently based in Singapore, he is the chairman of Rogers Holdings and Beeland Interests, Inc.

SPIEF, a major global platform for communication between business representatives and discussion of crucial economic issues, took place in Russia’s second largest city last week. Sputnik News Agency was the official media partner of the forum.

US Government, Central Bank's Potential Actions Worry Investors Most

The US government, due to its rapid changes of stance, and US Federal Reserves System, because of its excessive lowering of interest rates, are the two most worrying factors for investors at the moment, Jim Rogers told Sputnik.

"The main thing that… I am wondering about is the United States government, the United States Central Bank. The United States government seems pretty confused, they keep changing their mind about things… The US Central Bank… printed staggering amounts of money, they've driven interest rates to nothing… That's an unknown for me because they don't know what they're doing. That is going to cause problems for all of us," Rogers said when asked what events or factors investors would follow most attentively in 2017.

The investor added that the interest rates would eventually have to go higher.

Rogers said that the impeachment of President Donald Trump seemed unlikely because the Republican party was controlling the Congress.

"It is very, very unlikely that the Republicans would impeach and remove their own president," the investor said.

Russia's Agriculture, Tourism Sectors Have Best Growth Potential

Agriculture and tourism are the two sectors of Russian economy with the best growth potential, but there are other investment opportunities as well, Jim Rogers told Sputnik.

"Agriculture has got a great future in Russia; tourism, especially Asian tourism," Rogers said when asked about potential for economic growth in Russia.


Japan Investments in 21 Russian Far East Projects Amount to Over $16 Bln

The investor said that he owned shares of the Moscow Stock Exchange, Russia's flag carrier Aeroflot, chemicals company PhosAgro and was hoping to find new investment opportunities, especially in the sphere of Asian tourism, which was likely to take off.

According to Rogers, a number of companies in Russia would benefit from China's One Belt One Road initiative, which aims to create a trade corridor in Eurasia that will directly supply goods from the eastern to the western part of the continent on favorable terms.

- Source, Sputnik News

Thursday, June 15, 2017

China, Russia Creating Robust Agricultural Industry

Legendary investor Jim Rogers said he’s hedging away from the U.S. and Europe and looking into the Japanese, Russian and Chinese markets.

“These markets are all depressed compared to history,” he told the FOX Business Network’s Maria Bartiromo.

The Russian economy is getting better and sanctions have created a “whole new industry,” he said.

“They’ve forced together with the Asians. Agriculture is booming because nobody can sell to them and they can’t buy from us. So their agriculture is booming. Chinese are everywhere,” he said.

- Source, Fox Business

Monday, June 12, 2017

Jim Rogers on Ivy League Education


Part of the problem with not just America and many countries is that they think if you went to Oxford, Cambridge or Ivy League school you must be smart to know what you're doing. But I went to Ivy League and Oxford, they are that dumb and they dont understand the real world.


Friday, June 9, 2017

Jim Rogers Shocking Explanations about Donald Trump


Many have wondered where Jim Rogers stands in his views on Donald Trump, now President Trump. Does he support him, does he think he is leading us down the right path?

Tuesday, June 6, 2017

Fed Pushing us to Financial Catastrophe Worse Than 2008


Is the FED pushing American and thus the world to a financial collapse that will make 2008 look like a warm up? Jim Rogers discusses what he believes the FED is doing and what will come next.


Monday, May 29, 2017

Jim Rogers: Avoid India, Buy Russia

Equities in India are on a tear this year, and while investor Jim Rogers admits that he missed the rise, he wouldn't jump in now.

Instead, Rogers, in a terse blog post this month, wrote that if oil stops going down, he would hope to "buy a lot of rubles." His headline on the Russia post: "favorite emerging market" and he lists the VanEck Vectors Russia ETF (RSX) therein. The ETF is down nearly 7% this year, and has slipped nearly 1% today.

India's LiveMint on Wednesday reported that Rogers -- asked if he would invest in India now -- said, "when you jump on to a moving train, you’ll get hurt." Rogers invested in India on early prospects for reform under Prime Minister Narendra Modi. However, Rogers - the chairman of Rogers Holdings who co-founded the Quantum Fund with George Soros -- says he exited his investments in India after Modi "did nothing much for two years.” Rogers admitted he "sold too soon" and pointed to the opportunity from India's Goods and Services Tax (GST), a national scheme that should boost government revenue. But implementation has been delayed. And on his blog, Rogers called Modi's demonetization of 85% of the rupees in circulation "theft."

At the start of the year, Rogers was bullish on Russia with prospects for improved relations with President Donald J. Trump's administration. At the time, Rogers told CNBC that the Trump Administration appointment of China critic Peter Navarro was a poor one. Rogers was was critical of a potential tariff on Chinese imports and told MarketWatch that he was worried about debt globally, especially in the United States and China, while interest rates remain low.

- Source, Barrons

Friday, May 26, 2017

The party in the markets will end soon: Jim Rogers

Indian markets are at record highs. What is driving this rally? Is there more steam left in this rally, or will the party be over soon?

It is not just Indian markets—what is driving Indian markets is also driving other markets. There are massive amounts of money around, and it needs to go somewhere, and it is going into the markets. India is not the only one going through the roof—look at Europe, America. The central banks have made a lot of free money available—Mr (Donald) Trump has told everyone that everything is going to be OK, and he is come up with some policies which people think will be good such as cutting taxes and building infrastructure… That is why markets in many countries are going up—I think the party will end soon, but I am very, very bad at timing it.

Are Indian markets expensive at this point? Why or why not?

I don’t know the Indian valuations currently. The problem is when the markets start going down, it doesn’t matter if they are cheap, or expensive—all of them will go down. I don’t know of anything that is really cheap in India.

When and by how much do you see an earnings recovery happening for Indian companies?

That is one of the problems—an earnings recovery has not taken place and the markets are going up. This is a problem globally because there is a lot of free money and easy money, and then there is optimism about tax cuts in the US—that is the worry for me—that all of this is not real and is based on free money. Free money, while it lasts, is wonderful, but it always come to an end.

Where does India stand in your EM/Asia preference? Why?

India is not the preferred market for me—it is at an all-time high. I’ve told you before that I don’t prefer to buy when markets are at an all-time high. I don’t want to get on a moving train—when you jump onto it, you’ll get hurt. You won’t get hurt if you buy something that is ignored and sitting in the corner—you’ll not make any money for a while, but you won’t get hurt.

Will Donald Trump’s tax cut plans impact emerging markets in a big way? How much impact do you see on Indian information technology (IT) and pharma sector from visa restrictions and protectionist policies?

If it happens, and Trump does what he says, it is good for the world, because it will revive many parts of the American economy.

When people have more money to spend, they will do it... everyone will be better off for a while, and that is why the markets are going up.

Trump says he will cut taxes and that sounds very good. But how is he going to do all this? Protectionism has never been good for anybody. No one has ever won a trade war. Every one will suffer with protectionism, and if Indians cannot go to America anymore, it may be bad for Indian companies, but it will be good for India.

The smart Indians won’t be rushing to the US any more—they will stay in India and build companies. Or maybe, they will go to China or Germany—but in the end, it will be better for India than the US.

- Source, Live Mint

Tuesday, May 23, 2017

Jim Rogers Talks About His Investments In Indian Market


In a chat with ET Now, Investment guru Jim Rogers said currency and Indian markets have gone up quite a bit after he sold out.


Wednesday, May 17, 2017

I Followed Jim Rogers Advice to Invest in Farmland Overseas : Here is The Result


Following investment guru Jim Rogesr I decided a couple of years ago to invest in farmland in foreign countries far from the reach of uncle Sam's long hands , this is the result 8 hectares of fertile farmland I planted this year with fava beans and barley...I am fully satisfied with my investment no regrets whatsoever , now I am learning to drive a tractor always as recommended by investment guru Jim Rogers.


Sunday, May 14, 2017

Rogue Money: Exclusive Interview with Jim Rogers


Buckle your seat belts. "V" and Jim discuss all things political, geopolitical and economics. Jim offers sound advice as we move forward through the chaos. Always a great interview with Jim Rogers.

We are political scientists, editorial engineers, and radio show developers drawn together by a shared vision of bringing Alternative news through digital mediums that evangelize our civil liberties.


Thursday, May 11, 2017

A Father’s Lessons For Life And Investing


In this segment, highly successful global investor and author Jim Rogers shares his reason for writing a book to his daughters, as well as his experiences in traveling the entire world - twice. Topics include:

-- A boy, his dreams, and the power of visualizing success
-- Where are President Trump's trade wars?
-- Investing in "hated" Russia
-- Why the world looks different close to the ground
-- Where is America headed?
-- Common sense and uncommon wisdom from Jim


Friday, April 21, 2017

Jim Rogers - Is Trump Confused?


Jim Rogers discusses the presidency of Donald Trump thus far. Is he a mastermind, or is he simply out of his element and utterly confused? Jim Rogers breaks down this, and the current global state of affairs in this interview. Enjoy.

- Source

Friday, April 14, 2017

Jim Rogers Says Fed Has No Clue, Will Ruin Us All


Jim Rogers, chairman at Rogers Holdings, explains what the Federal Reserve did wrong in response to the financial crisis and how their mistakes spread to global central banks. Jane Foley, senior FX strategist at Rabobank, joins the conversation with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."

- Source, Bloomberg


Tuesday, April 11, 2017

Jim Rogers Discusses Investing in Russia and Why You Should


Patrick Fok talks to the author and investor, Jim Rogers, about his interests in Russia, its relationship with the USA and his advice on investing.

 - Source, Bloomberg

Saturday, April 8, 2017

Why Did Jim Rogers Move to Asia?


Patrick Fok talks to the author and investor, Jim Rogers, about his decision to move to Asia and the region’s economic prospects.

- Source, Bloomberg

Wednesday, April 5, 2017

Jim Rogers Talks About His Early Life and Working with George Soros


Patrick Fok talks to the author and investor, Jim Rogers, about his early life and career including his time working with George Soros starting the Quantum Fund.

- Source, Bloomberg

Tuesday, March 28, 2017

Jim Rogers: Trump Plans Good Things, but Brace for Global Market Turmoil

International investor Jim Rogers said he is bracing for global market turmoil despite President Donald Trump planning some "great" things for the United States.

“So far he’s said some good things,” Rogers told the Fox Business Network. “He said he’s going to cut taxes, he says he’s cutting regulations, he says he’s going to build infrastructure—all of that is great,” he said.

However, Rogers said he’s “long” on the dollar based on his view that Trump could potentially start a trade war and create chaos in the financial markets.

“I am long on the dollar because I expect turmoil in world financial markets and people are looking for a safe haven,” he said. “It’s going to get overpriced; it might even turn into a bubble.”

But other respected icons have more faith in our new president's strategy to truly "Make America Great Again."

Veteran financial guru and former Ronald Reagan adviser Larry Kudlow told Newsmax TV that the bull stock market raging since Trump’s victory is far from over.

“I'd stay with the Trump bull market,” he told “America Talks Live."

“But remember this, behind the Trump bull market is an unexpected surge in corporate profits, which is the mother's milk of stocks,” the Newsmax Finance Insider told host Steve Malzberg.

" I think the foundation from rising profits is great and I think the expectations of Trump getting his pro-growth tax cut plan is great," Kudlow told Newsmax TV.

Major Wall Street indexes have rallied to record levels since the election of Trump as U.S. president, boosted by pledges of tax reforms, reduced regulations and increased infrastructure spending, Reuters reported.

The benchmark S&P 500 has surged 10 percent since Trump's Nov. 8 election, with optimism running high over the Republican administration's domestic proposals, including plans to reform taxes paid by businesses.

But there have been few specifics so far, and some investors believe Trump may need to provide more than just generalities when he gives his first major presidential address on Tuesday to Congress.


- Source, News Max

Friday, March 24, 2017

Jim Rogers Prophesizes the Death of cash & Total Government Control

The time will come when you won't be able to buy a cup of coffee without being traced, warns investment guru Jim Rogers. To control people, governments will increasingly seek to hunt down cash spending, he adds.

“Governments are always looking out for themselves first, and it's the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it's about $4,000 in any cash transaction. In France you cannot use more than, I think it's a €1,000,”said Rogers in an interview with MacroVoices Podcast.

“Many countries are already doing this. Some states in the US you cannot make cash transactions above a certain amount. Governments love it. Then they can control you. If you want to go and buy a cup of coffee, they know how many you drink, where you buy them, etc., if they can all put it into electronic formats and they will. The world is all going electronic,” the investor said.

According to Rogers, governments will claim they are doing it for the public good, not for themselves.

“When it's done, the governments are going to be very, very happy they are going to say they're doing it for our own good, this is not them, this is for our good. That they're doing this, but it’s coming, and it's going to be a whole different world in which we live. Probably we are not going to have as many freedoms as we have now even though we are already losing our freedoms at a significant pace,” Rodgers told the radio.

This month, the European Commission proposed a bill targeting cash payments.

"Payments in cash are widely used in the financing of terrorist activities… In this context, the relevance of potential upper limits to cash payments could also be explored. Several Member States have in place prohibitions for cash payments above a specific threshold," said the Action Plan.

Jim Rogers is an American businessman, investor, and financial commentator, currently based in Singapore. Rogers made his name in the 1970s after founding a top-performing fund with George Soros.


- Source, Russia Today

Tuesday, March 21, 2017

Jim Rogers Positioned for Global Financial Meltdown

Renowned investor Jim Rogers says the markets could be in for a “good time” if President Trump delivers on his promises to cut taxes and regulation and build up U.S. infrastructure.

“So far he’s said some good things,” Rogers told the FOX Business Network. “He said he’s going to cut taxes, he says he’s cutting regulations, he says he’s going to build infrastructure—all of that is great.”

During an interview on Mornings with Maria just a day earlier, Treasury Secretary Steven Mnuchin said the prospect of Trump’s economic policies have led to gains in the stock market and U.S. dollar, but Rogers said he’s “long” on the dollar based on his view that Trump could potentially start a trade war and create chaos in the financial markets.

“I am long on the dollar because I expect turmoil in world financial markets and people are looking for a safe haven,” he said. “It’s going to get overpriced; it might even turn into a bubble.”

- Source, Fox Business

Saturday, March 18, 2017

Jim Rogers Talks Donald Trump, China, Oil & Korea


Jim Rogers Talks Donald Trump, China, Oil & Korea

By everything, he means U.S. stocks, which rode Trump’s coattails to record levels following his November victory on euphoria over Trump’s promises to cut taxes, eliminate regulations and boost infrastructure spending.


Sunday, March 12, 2017

Jim Rogers: I expect turmoil in world financial markets


Rogers Holdings Chairman Jim Rogers on the potential impact of President Trump's policies on the markets.

- Source, Fox Business

Thursday, March 9, 2017

Dollar Commodities & Interest Rates in 2017


Jim Rogers sits down in this most recent interview and lays out the course for 2017. Will the dollar move higher or lower, will gold and silver resume their bull market? Or will the FED bring it all crashing down on our heads by jacking interest rates higher? 


Monday, March 6, 2017

We're About To Have The Worst Economic Problems Of A Lifetime


Erik Townsend welcomes Jim Rogers back to MacroVoices. Erik and Jim discuss:

Jim Rogers interview begins at --- 12:32

-- What’s in store for the U.S. Equity Markets?
-- Outlook on the U.S. Dollar
-- Is the 35-year bond bull market over?
-- Where are junk bonds going?
-- History of government failures
-- His views on the global populist movements
-- Is there war on the horizon?
-- Are the Russian’s being scapegoated?
-- Update on his views on gold
-- His views on movement to cashless society
-- Are we moving away from a free society?


Friday, February 24, 2017

Jim Rogers - You're Going to Get Very Worried, I Hope You're Prepared


Erik Townsend welcomes back Jim Rogers to MacroVoices. Erik and Jim discuss what is in store for the U.S. Equity Markets, the U.S. Dollar, bonds and gold. Further in the discussion they tackle the history of government failures and his views on the global populist movements. They finish off the conversation discussing Jim’s views on the movement to a cashless society and answering if we are moving away from a free society?

- Source

Tuesday, February 14, 2017

This Is Where Jim Rogers Suggests You Invest in 2017

Jim Rogers, the famous investor and co-founder of Quantum Fund, has suggested that 2017 is a good year for hidden value. Given the political climate in Washington, he has a truly contrarian investment suggestion: Russia.

His logic is simple.

The Dow Jones and other U.S. market indices are all at record highs. The implication might be that it’s difficult to predict how much further they could reach. Rather than risk getting burned by excessive Trump Effect optimism, it’s better to look at undervalued markets, says Rogers. Russia tops the list. 

Rogers seems bullish about the U.S. economy under Trump. He expects that infrastructure spending and the repatriation of foreign earnings by U.S. firms to at least maintain the current level of economic health. Russia, on the other hand, has a long and steep curve to climb to recovery. Jim Rogers suggests that the time is now to seize on the Russia opportunity.

This is because Donald Trump will likely entertain far better relations with Moscow and Vladimir Putin than his predecessor. The improved political ties should result in an end of the sanctions that the U.S. and some NATO allies imposed against Moscow in the wake of the Ukraine conflict and Crimea annexation.
Trump Is Not the Only One Wanting Better Relations with Russia

There are already European countries clamoring to end the sanctions regime against Russia. Indeed, in 2017, there is a growing pressure to challenge globalization as the world has known it. It is unlikely that Trump will trigger a trade war against either China or Mexico. That could bring disaster.

Trump was already seen chumming around with Jack Ma of Alibaba Group Holding Ltd (NYSE:BABA). That suggests Trump might simply alter the relationship with Beijing, rather than scrap it altogether. Indeed, Trump will not break the recent U.S. foreign trade and relations record, as much as open it up to ignored or ostracized parties—like Russia, for example.

Jim Rogers predicted the two most surprising political events of 2016: the victories of Brexit and Trump. So, when he says Russian equities are bullish in 2017, investors should examine the suggestion seriously. He admits to having bought some Russian equities already. (Source: Ibid.)

If you’re not convinced, consider that Russia could move from negative GDP to 0.5% growth in 2017. The optimism surrounding the Russian ruble in the second half of 2016 should continue steadily in 2017.

Jim Rogers suggests that, from the investment perspective, he recommends the agricultural sector when it comes to investing for the highest value. As for the smallest value, he targets American tech firms.

As for China, Rogers is less concerned by what Trump might do than what China could do to itself. China’s laundry list of problems to resolve has grown larger. China has entertained too many “top trading partner” relationships with countries all over the world.

When those countries have problems, therefore, so does China. Chinese growth will continue, but at a smaller pace. That’s why the Russian market makes sense. Russia has nowhere to go but up. Trump promises to be a major catalyst for the “up” to materialize.

- Source, Lombardi Letter

Friday, February 10, 2017

Jim Rogers Discusses Market Bubbles and One Big Regret

Legendary investor Jim Rogers isn't afraid of the unknown.

In fact, he made his fortune by investing where others feared to tread.

Rogers made a name for himself in the 1970s after founding the Quantum Fund with George Soros. The fund had gains of 4,200% in 10 years.

Rogers has traveled widely and is known for pioneering the boots-on-the-ground approach to investing in emerging and frontier markets around the world.

From his world travels and decades of investment experience, he has penned a range of best-selling books that blend investment insight, political commentary and travelogue. There are many lessons to be learned from these books.

In a recent exclusive interview, Rogers spoke about market bubbles and one of his biggest regrets. A partial transcript follows.

Q.: So when we look at global markets, which markets, [are those] that a lot of investors are very keen on [that may be in bubble territory]?

A.: Well, I can't think of many that people are keen on right now. America ... the S&P [500], people are keen on ... European football clubs ... that's a bubble.

American tertiary education is a bubble. Everybody thinks it's the end all and be all.

America has done a great PR job of selling its universities. Everybody knows [that] grammar school, primary school and high school are a disaster in America.

But somehow or another that translates into the fact that America has great universities. Don't ask me the logic, but that's obviously a bubble.

Hong Kong real estate, Shanghai (China) real estate ... [those] are clearly in some kind of bubble ... also, Sydney (Australia) real estate.

Bonds are obviously something that is going to cause a lot of pain to a lot of people. Bonds have been going up for 35 years, literally, for 35 years.

Now, bond markets have a habit of having long, long, long cycles, 30, 35 years. It's normal in the bond market.

At least historically in the U.S. it's been normal, but ... that's another clear bubble.

- Source, The Street

Tuesday, February 7, 2017

Investing legend Jim Rogers: 'Forget China, buy Russia'

Renowned investor Jim Rogers has a contrarian message for U.S. investors on the prowl for opportunities in the wake of the Trump presidency: Buy Russia. In his view, with U.S. equity indices realizing all-time highs, now is the time to look at undervalued markets around the world.

Rogers decades ago co-founded the Quantum Fund with George Soros.

Although Rogers acknowledges that the Trump effect has had "an impressive effect on the U.S. stock market," he says "many stocks are now expensive." Tax cuts, infrastructure spending and corporate cash repatriation should remain positive for U.S. markets over the next couple of years, but Rogers sees better opportunities internationally.

According to the investment guru, his bullish stance on Russia is based on his view that relations between the United States and Russia will improve when Donald J. Trump takes office as the 45th president of the United States, providing a boost to its depressed economy. There is also the chance that sanctions imposed on Russia over its role in the conflict in the Ukraine may be eased.

Rogers first visited Russia in 1966 and was pessimistic for almost five decades. "But something has happened in the Kremlin. They understand that they cannot be the same old czarist and communist plutocrats that they were," he said. Russia also has vast natural resources — it's the world's largest petroleum producer — and is not a significant debtor nation despite the fact its been mired in recession due to the oil price collapse and international sanctions. It has the 12th-largest economy, valued at $1.3 trillion, the IMF reports.

Rogers is long the ruble and Russian markets. "I was bullish on Russia before Trump came along with his positive comments," he said, noting that he has been investing heavily there over the last few years. "Trump is going to be friendly with Russia. That's an enormous change. You're going to see the rest of the world remove sanctions."

China is a bigger risk
In contrast, Rogers is not optimistic about investment prospects in China and is in a holding pattern, neither shorting nor buying assets.

He says Trump's hawkish stance on China will stall the country's economic growth engine. The president-elect has threatened to slap huge tariffs on Chinese imports, which could trigger a trade war. "America and China could really boom together, [but] Trump seems to have it in for China. I don't know why, since he and his family do huge amounts of business in China," Rogers said.

On Jan. 2, Mr. Trump tweeted that "China has been taking out massive amounts of money & wealth from the U.S. in totally one-sided trade, but won't help with North Korea. Nice!"

Within days China's state news agency, Xinhua, retorted with a commentary, noting that such tweets are "undesirable."

"Some guys that Trump has appointed do understand how the world works. On the other hand, he's got some people who are vehement that they need to attack China," Rogers said.

- Source, CNBC

Wednesday, January 18, 2017

Russia Top Bet On Oil And Putin Thaw


The chairman of Rogers Holdings told BloombergQuint that he sees the U.S. dollar rally continuing, which in turn could pressure most other asset classes around the world. Aside from the dollar rally, the big bet Rogers is making right now is on Russia.


Sunday, January 15, 2017

Jim Rogers: Europe’s Islamic Plague


Will nationalism save Europe from the plague of Islamic terror? Today on TRUNEWS, Pastor Rick Wiles discusses Merkel’s career ending Berlin Christmas massacre and the bombing of the Australian Christian Lobby headquarters in Canberra. Pastor Rick also addresses the official denial from the State Department regarding Ambassador Karlov’s assassination, and the frail security climate paralyzing even Queen Elizabeth’s holiday travel plans. 

In a report to end the segment, correspondent Fior Hernandez takes us through the chilling video of Jihadist parents giving one last kiss before sending their child to die. In part 2, global economist Jim Rogers shares his optimism on a Donald Trump presidency, and what 2017 may have in store for America. 

In part 3, correspondent Edward Szall delivers the latest updates from the Trump Transition team, and Biblical Health Counselor Dr. Eric Zielinski joins the program with advice on how Christians can overcome the cycle of gluttony and illness which has ravaged American evangelicals.


Monday, January 2, 2017

Jim Rogers: Trump, China & World War 3


Legendary investor Jim Rogers is here with us; his analysis shows how deserving he is of his incredible internet fame. Today we discuss his thoughts on the Trump presidency's effect on US & World markets, China tensions, the Federal Reserve rate hike which he guarantees for December and more. You definitely won't get bored in this internet nor will you be disappointed by one of the most experienced and honest investors of our day.