Again, I couldn’t agree more with Jim Rogers. I believe Jim to be one of a very few people investors should listen to. What I found interesting is the fact that he has no long exposure in the US, only short. Plus,he is dead on in terms of the FED and interest rate hikes. Definitely worth 3 minutes of your time.
I would estimate that today’s fair market value is around 10,000-11,000 on the Dow. Anything and everything above that has been caused my zero interest rates, QE, the FED, stock buybacks and rampant speculation. As a result, I couldn’t agree more with Jim Rogers. Watch the video below, it is definitely worth 2 minutes of your time.
There is only a handful of people worth listening to when it comes to investing. Jim Rogers is one of them. Below is the podcast he did a few weeks ago and it is definitely worth a few minutes of your time.
Jim talks about equity markets, Russia, China, Greece, oil and gold. Plus, bureaucratic idiots in Washington. I’ll tell you one thing, it is nice when Jim’s views match my own.
In short, Jim anticipates major….major problems in the US Equity markets. Should you?
Jim Rogers Explains Why Central Bankers Are About To Panic Google
There is only a handful of people worth listening to when it comes to investing. Jim Rogers is one of them. Below is the podcast he did a few weeks ago and it is definitely worth a few minutes of your time.
Jim talks about equity markets, Russia, China, Greece, oil and gold. Plus, bureaucratic idiots in Washington. I’ll tell you one thing, it is nice when Jim’s views match my own.
In short, Jim anticipates major….major problems in the US Equity markets. Should you?
Jim Rogers: Major Correction Ahead…Central Banks To Panic Google
Typically, Jim Rogers has an extremely long time frame associated with his investments. For instance, according to him China will do very well over the next 100 years. As right as he might be, I don’t have that kind of a time frame.
While Jim is starting to buy China once again, he is worried about the Chinese Credit Bubble. Just as we are. Where Is China’s Hidden Debt Bomb
Personally, I think it’s a little early for China. In my view, the Chinese market will be dragged down even further by its massive shadow banking system and by the upcoming severe 2014-2017 recession and a bear market in the US.
In terms of Russia and as I suggested before, wait and see is the best approach here. There is no doubt that the Russian market looks attractive and that there is literal “blood in the streets”, but to make money timing becomes increasingly important. After all, the Russian market has been in a general downtrend for over 3.5 years and with no sign of a turnaround.
Further, while we do not have enough data, the Russian stock market tends to do poorly during the US Recessions or Bear Markets. Since we anticipate a severe one to happen shortly, it’s another red flag to take into consideration. Either way, I would would wait for a technical reversal prior to taking up a position in this “undervalued” market.
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Jim Rogers Is Buying Russia And China. Should You? Google
Daily Ticker: Jim Rogers: Forget U.S. markets, I’m buying Chinese and Russian stocks
This week’s optimism about capital market reforms in China seemed to outweigh any investor concern stemming from the referendum on independence held in two regions of Ukraine.
Enthusiasm around China came after the State Council reiterated its desire to liberalize finance in areas such as IPOs and limits on foreign investment — even though some of these measures were originally announced months ago.
Jim Rogers, famed commodities investor and author of Street Smarts: Adventures on the Road and in the Markets, lives in Singapore and is a prominent bull on China’s long-term prospects. He tells us in the accompanying video that for the first time since 2008 he is buying shares in China “in a small way again,” which includes putting a little more in financial companies given authorities desire to open the economy more, “especially finance.”
He says he’s not buying much in China because of the country’s “big debt problem” — (“it worries me a lot”) — and he’s concerned with China’s shadow banking system.
When it comes to Russia, the country’s markets have been more than rattled by the crisis in Ukraine, with the main stock index falling 10% in March and the ruble losing 9% against the dollar in the first three months of the year.
Rogers says he bought more Russian stocks during the turmoil in Crimea and is interested in buying more.
Why?
You’re “supposed to buy when there is blood in the streets,” he tells us. “In Rusia, figuratively there is blood in the streets.”
Commodities investor Jim Rogers tells The Daily Ticker that gold, having lost its luster as a safe haven, could drop to $900 or $1,000 in the next 1-2 years. Longer term, he has a very different forecast. Gold will soar to “well beyond $1,900 an ounce,” topping its record $1,920 high reached in September 2011, says Rogers, author of Street Smarts: Adventures on the Road and in the Markets. The reason: “massive currency debasement” around the world. “Every major central bank in the world is printing a lot of money plus war, chaos, riots in the street, governments failing,” says Rogers.
Despite that forecast, Rogers warns investments not to consider gold – or any other investment — safe. “I would never use the word ‘safe’ when I’m speaking about investing.”
There are only a few investors that I listen to when they speak. Jim Rogers is one of them. A brilliant and very interesting guy. So, when he says something you better listen. I highly recommend that you click on the link and listen what he has to say. The video is just 2 minutes long.
My stock market timing work kind of confirms his thesis on gold. I already talked about gold in one of my previous posts CLICK HERE and the fact that I don’t really understand it or know how to value it properly.
Jim mentions that he anticipates gold to decline further over the next few years to shake out the bulls before resuming its bull market due to currency debasement and inflation. My work confirms this as a highly probably scenario.
As the markets and the economy decline over the next few years in a deflationary environment, so should the gold. As we bottom in 2016 and begin the inflation cycle I talked about before, gold should start appreciating. Perhaps significantly. Just my two cents.
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!
Commodities investor Jim Rogers tells The Daily Ticker that gold, having lost its luster as a safe haven, could drop to $900 or $1,000 in the next 1-2 years. Longer term, he has a very different forecast. Gold will soar to “well beyond $1,900 an ounce,” topping its record $1,920 high reached in September 2011, says Rogers, author of Street Smarts: Adventures on the Road and in the Markets. The reason: “massive currency debasement” around the world. “Every major central bank in the world is printing a lot of money plus war, chaos, riots in the street, governments failing,” says Rogers.
Despite that forecast, Rogers warns investments not to consider gold – or any other investment — safe. “I would never use the word ‘safe’ when I’m speaking about investing.”
There are only a few investors that I listen to when they speak. Jim Rogers is one of them. A brilliant and very interesting guy. So, when he says something you better listen. I highly recommend that you click on the link and listen what he has to say. The video is just 2 minutes long.
My stock market timing work kind of confirms his thesis on gold. I already talked about gold in one of my previous posts CLICK HERE and the fact that I don’t really understand it or know how to value it properly.
Jim mentions that he anticipates gold to decline further over the next few years to shake out the bulls before resuming its bull market due to currency debasement and inflation. My work confirms this as a highly probably scenario.
As the markets and the economy decline over the next few years in a deflationary environment, so should the gold. As we bottom in 2016 and begin the inflation cycle I talked about before, gold should start appreciating. Perhaps significantly. Just my two cents.
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!