I'm actually making money at the moment. … Maybe it's the end of the 32-year bull market. If it is, I'm making a lot of money in bonds. Stocks may go up, too, but I don't see how this [the recent stock rally] can last.”
Russia is terribly depressed. Nobody likes Russia. I’m buying the bonds, the currency and stocks. I first went there in 1966. I’ve changed my mind and, yes, I think I’m not giving my money to (Russian President Vladimir) Putin. I hope. That’s how you make money. You find something that everybody hates. When it’s changing … that’s how you make money.”
The rally in stocks is just the result of ultra-easy monetary policy by the world's major central banks.
"I am short bonds, but I'm not sure there is going to be a long-term bull market in stocks. There is a lot of money printing," Rogers said. "So this (the rally) is artificial."