"European politicians repeat the same crap for a long time. It does not change the game - the program will have a positive effect on the market for about a month. Debts are getting bigger and eventually we will all pay a terrible price, "warns investors.
He predicted that the green wave stock markets, which may seem like a good opportunity to return to risky assets will be very short.
He predicted that the green wave stock markets, which may seem like a good opportunity to return to risky assets will be very short.
"For me, it is not possible to make money. This is not good for the market and will not last long. Every three or four months eurozone politicians come together and say: OK guys, everything is fine. For a time indices remain green. But start getting tired of this story and the market is also beginning to be tired, "says Rogers.
Rogers, who has long been optimistic about commodity prices, said there is no reason to change its position on this issue. "Bull market in commodities will end some day - but that day is far, far away," he said.
"We see some correction in commodities. You see, inject money into the financial system and history teaches us that when they do, how to protect yourself is to have any real assets - whether gold or rice, "he said.
"If the world economy recovers, that I had raw would be better, because the recovery will lead to demand. If this does not happen, all central banks will start to print money. This is wrong, but the only thing they know to do, "says Rogers.
Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York Times, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.
Rogers, who has long been optimistic about commodity prices, said there is no reason to change its position on this issue. "Bull market in commodities will end some day - but that day is far, far away," he said.
"We see some correction in commodities. You see, inject money into the financial system and history teaches us that when they do, how to protect yourself is to have any real assets - whether gold or rice, "he said.
"If the world economy recovers, that I had raw would be better, because the recovery will lead to demand. If this does not happen, all central banks will start to print money. This is wrong, but the only thing they know to do, "says Rogers.
Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York Times, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.
