According to JimRogers, CBs are debasing currencies everywhere. Agricultural prices are still depressed on historic basis and will go up. He disagrees we should trust governments for good information. About precious metals, if he would buy one today, that would be silver as it’s historically much cheaper than Gold. He is not buying either at the moment but if it came to it, he would be buying Silver.
March 02, 2012
Jim Rogers still prefers silver more than gold
March 01, 2012
Jim Rogers: Stocks could go to 18 000 this year
Jim Rogers confirms that stocks could go very high due to central bank stimulus, but he refuses to buy into it. Jim Rogers: “of course we can go to 18 000 this year, all sort of things could happen. The FED is printing a lot of money. BOJ, BOE are doing the same. There is an election this year, actually 40 elections so a lot of people are printing money, I don’t expect it to get 15 000 but it certainly could.”
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.
February 29, 2012
One of the investments Jim Rogers likes most is the Renminbi (RMB) or so called “Yuan”
Jim Rogers believes that it will double or triple in the next decade or two, similarly to what the yen did in the past. He owns the Renminbi and every time he can, he buys more. According to private bankers, banks in Singapore offer accounts to foreign citizens, where they can buy offshore Yuan, and put it on deposit for yield of up to 1.3% per year. That seems the best option for people who want to buy yuan.
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