Jim Rogers Video: Debt Talks A "Charade"

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.

Jim Rogers Video: Gold Outlook for 2013

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.

Even Jim Rogers loves gold, already wary

Since the price of gold was again under pressure in recent weeks and is at levels close to 4-month low longtime admirer of precious metal Jim Rogers warned that the correction may continue into the new year, reports CNBC.

"Just be careful. There are too many "bull" set investors, including me. But I am very cautious, "says Rogers.

"Gold stand corrected - it is happening now 15-16 months - which I think is normal and that adjustment is not possible to continue for some time," he said.

Gold price rises over the past 12 years, says Rogers, adding that the metal used as an investment haven, has been sensitive adjustment only once for the whole period - during the global financial crisis in 2008 when gold futures lost 32% .

"Most assets experienced a 30 percent correction every 1-2 years even in a bull market. 30 percentage adjustments are normal and yet gold is such a thing has happened only once in the last 12 years, "said Rogers. "Gold in any historical context, it is time to experience a good adjustment."
Precious metal recovered some ground on Wednesday after hitting its lowest level since August - 1661 dollars per ounce - Tuesday. Analysts commented that the budget negotiations in Washington have undermined the appeal of gold as an asset of refuge, as more investors returning to shares.

Yet gold, which has a 0.3 percent growth this year, is not close to the limit of $ 2,000, as was many analysts forecast the end of 2012

Yet there is hope that the cheap money as a result of the program of the Federal Reserve (Fed) to quantitative easing will increase the price of gold.

Rogers warns that despite the loose monetary policies of many leading central banks - a trend that would normally induce investors to seek the protection of assets like real gold - India which is the largest consumer of gold in the world can be a risk price of the precious metal, if you decide to buy less.
Earlier this year, India's finance minister said that the import of gold is the main reason for the current account deficit of the country, and urged the government to double the import duty on this commodity.

"India has a huge trade deficit and some Indian politicians start blaming namely gold," said Rogers. "If they find a way to limit the importation of gold, if something happens, it will be a big shock for all" bullish "attitude to gold investors and no one can predict how low the price will fall."

Rogers, who is currently buying gold and even hedge a portion of its gold assets, said it is still "bullish" precious metal set against the long term. He expects the price of gold is much higher over the next decade.

"If gold cheaper, I hope I'm smart enough to buy more. If gold go down much, I hope I'm smart enough to buy more, "he said.

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.

Why Jim Rogers is bearish on gold short-term

I own gold and I own silver. I own all the precious metals, especially gold and silver. I'm not sure I would buy right now. Gold has gone up 12 years in a row, which is extremely unusual for any asset, at least in my experience. I don’t know any asset that’s gone up 12 years without a down year except gold. Gold has had only one decline over 30 percent in those 12 years. That, too, is extremely unusual.

Plus, if you look at the open interest from the CFTC, the speculators have been piling into gold. The number of call options is more than twice the put options. All the signs are that there's too much speculation in gold right now.

I’m not selling, by any stretch. I own it. If it goes down, I’ll buy more. If America bombs Iran, I’ll probably buy more going up. But I own it and, over the longer term, gold is going to go much higher because the world is doing nothing but printing money. And when the world economies get bad again, they're going to print even more money. But I'm not buying now.

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.

Jim Rogers on commodities with potential

I’d have to say agriculture, because agriculture is very depressed on any kind of long-term basis. Sugar prices, for instance, are down about 75 percent or so from their all-time high in 1974—38 years ago. We have been consuming more agricultural commodities than we have been producing in the world for the last decade or so. So inventories are near historic lows, which, of course, is a dangerous situation.

But worse still, we’re running out of farmers. The average age of farmers in America is 58; in Australia it’s 58; in Japan it’s 66. In America, more people study public relations than study agriculture. So the farmers are dying and retiring, and no young people are coming into agriculture. Agriculture is facing a serious, serious problem, so prices have to go much, much higher, or we’re not going to have any food at any price.

Source: Indexuniverse

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.

Jim Rogers on Russia

Actually, since 1917, the Russians have said, “When it’s your money, then invest here, and we’ll all get rich.” And as soon as you did that, they took it away from you, or shot you, or put you in jail, or whatever. But I have the view that Putin, for whatever reason—I'm not going to speculate about his reasons—that the government has changed now in Russia, and realizes they have to play by the same rules that everybody else does if they're going to prosper.

And so, if that’s the case, Russia has gigantic potential. They’ve got everything in the world there: huge natural resources. They're trying to develop the transportation network so that they can transport goods from Asia through Siberia. And they're spending huge amounts of money doing it. If it works, it would save a lot of time and money to get goods to Asia instead of going by ship. It would ruin Singapore, of course, because Singapore would be wrecked by the new transportation route. Anyway, there are various things that I see happening that give me encouragement for the first time in my life about Russia.

Source: Indexuniverse

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.

Jim Rogers Video: Everybody Loses In A Trade War

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.