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.