Jim Rogers: Buy Assets That Thrive When Governments Fail

Investors are better off ignoring what governments are saying and instead buy 
assets that thrive when politicians fail, which are hard assets like commodities,
says international investor Jim Rogers.
European politicians have spent months trying to firewall the debt crisis, claiming progress only to reveal setbacks that have punished stocks and currencies.
The U.S. appears to be improving, but problems in Europe will send the U.S. 
economy and its markets collapsing, Rogers says.
"If you listen to governments, then you are not going to make a lot of money. Governments lie, distort and make mistakes," Rogers tells CNBC.
"Europe as a whole is the largest economy in the world. If Europe has problems, 
we in the U.S. are going to feel those problems."
To cushion themselves against such politically-charged swings in capital markets, investors should own hard assets like oil, which often rise when political 
uncertainty sends stocks and currencies falling.
"My way of playing this is to own real assets like commodities," Roger says.
Loose monetary policies such as low interest rates or steps taken to flood 
economies with liquidity make commodities even more attractive.
"You now have the Bank of England, the Bank of Japan, the Federal Reserve printing money. The way to protect yourself at a time like this is to own assets." 
Commodities often rise when paper currencies weaken, but they fall when demand drops, often the product of cooling economies.
European uncertainty has other experts worried if commodities, which have soared 
in recent years, are due for a breather, at least for now.
"Europe is far off from reaching a solution," says Dominic Schnider, global head of commodity research at UBS AG's wealth management unit, according to Bloomberg. 
"That's the drag that we have, which will hurt demand for commodities."

Source: Moneynews

Jim Rogers is an great investor, author and respected financial commentaror. 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.

The Situation Is Getting Much Worse

Overall, the situation is getting much worse. They’re spending other peoples’ money, they’re printing money, so overall, I’d be very worried about 2013-2014, and maybe even later in 2012 if it becomes clear that 2013 is not going to be fun. - in the money man report

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Countries All Over The World Are Debasing Their Currencies

"I still hold all my gold - if gold goes down more I will certainly buy more gold. Gold is going to be much, much higher over the next decade. Countries all over the world are debasing their currencies now, Singapore is not. But nearly every place else yes. I think I have to own some gold." - in Channel New Asia

Related, iShares MSCI Singapore Index Fund ETF (EWS) and SPDR Gold Trust ETF (GLD) 

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.