World central banks printing money

You just look around, look out the window, and you see that nearly every currency in the world is down a lot against the U.S. dollar except the Chinese Renminbi, and the Hong Kong dollar, of course, which is tied to the U.S. dollar. 

I don’t know if it’s somebody sat around, and plotted, and said, “Let’s have a currency war.” They just said, “What we need to do is print a lot of money,” without realizing it’s going to cause currency fluctuations. That’s what the Japanese are doing and other people, as well.

The consequences, Central Banks around the world printing a lot of money for better or for worse is that more people are going into the U.S. dollar, which I own too, although I have no confidence in the U.S. dollar long term.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers not bullish on Swiss Francs

It’s astonishing to me who’s been around Switzerland for over 40 years you know that you see the Swiss franc and the Swiss National Bank doing things that were inconceivable a few decades, even a few years ago – that they would debase the currency, that Swiss politicians would buy votes. But they are doing it. It is just making Switzerland less attractive as an investment destination and as a place for people to put their money. 

I mean Switzerland, more or less, had a monopoly on managing money, international money anyway, for decades, many decades. And now, of course, in Asia . . .  new competition is rising – Singapore, Hong Kong, other places. But the Swiss are just destroying themselves.

Now politicians and bureaucrats have destroyed themselves many times throughout history in many countries of the world but it’s always a little astonishing just to sit back and watch it happen before your very eyes. 

You can say to them, “Guy, you’re making a terrible mistake,” and they do it anyway. It’s amazing to me. I am not bullish, I am not bullish on the Swiss franc, which is guess is the ultimate answer to your question.



VIA http://www.trefis.com/stock/spy/articles/269603/undeniable-proof-that-absolute-power-corrupts/2014-12-15


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Russian central bank making right moves

I think we all know – that markets go up too far, and they go down too far. Once you start building their momentum, panic develops. People get more and more scared. 

As far as I’m concerned, the Central Bank in Russia has been doing the right thing. They said they were not going to intervene anymore. [BUT recently] They intervened for the first time in a while. But I think it’s very smart – not intervening. Let it collapse. Let it find its own level. And then we’ll have a staggering rebound.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers russian stocks are doing okay

I own some Russian stocks. To my astonishment, the main one I own is not even down in all this. I guess it’s because it’s – it sells in dollars. Its expenses are in rubles, and it sells in dollars. So that’s helping it, and that’s – Aeroflot is another one I own, which is also sort of benefiting these days.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: How to make money as an Investor

Now and then a time comes when doing nothing is the wisest course.

Most successful investors, in fact, do nothing most of the time. You bought that stock ten years ago, and you did nothing for the next ten years – you did nothing but watch what was going on, nothing but watch for changes. That is how you make money.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Invest in what you know says Jim Rogers

People are constantly asking me what to invest in, and I always answer the same way. I say: Do not listen to me – do not listen to anybody.

The way you become a successful investor is by investing only in what you yourself have a wealth of knowledge about.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Invest in agriculture via Index funds and more

The best way to [invest in agriculture] is buy a farm. You can buy stocks, if you buy the right companies seed companies, fertilizer companies. You can buy countries. Some countries are more agriculture oriented than others. Pakistan is a country that lives and dies on cotton more than anything else. So it depends on the country. 

If your going to buy a Lake-house, I would buy my lake-house in Oklahoma not in Massachusetts because stocks are at all time highs. So lake houses in Oklahoma or Nebraska are probably much cheaper than in Massachusetts. You can get a Lamborghini dealership in Iowa because the farmers are going to be driving Lamborghini's in my view in the future. 

For most people its probably best to buy an Index. Many studies have showed that an Index investing is far away the best way to invest in anything- stocks, bonds, currencies, commodities, anything else. And there are plenty of Exchange Traded products which make it very easy to invest in commodities.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Russia is letting markets sort its own price

I should probably try to sit down and figure out what to buy in Russia again. It has had a collapse, as you know, but I suspect if you look at things like Russian ETF's, they are down at previous lows, but not making new lows. And a lot of that is because of the ruble. 

To Russia's credit, Russia has not been sitting around supporting the ruble in any big way. 

My view of markets is you let them clean themselves out, let the system find a clearing price. To my astonishment, the Russians are being more capitalist than the Western capitalists. They are letting the currency find its own bottom. That will change soon. It will find its own bottom, and then Russia will be a good place to invest. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Stock Market has downside put protection

If the stock market goes down — say, you pick the number, 13%, 23%, who knows — everyone will be screaming, and Mrs. Yellen and her friends will say, 'Oh, we're sorry, we didn't mean to hurt you,' and they will loosen up again. One way or the other, the markets will heave a sigh of relief, have a big rally, maybe even turn into a bubble, at which point I hope I'm smart enough to try to short stocks in the US.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Why Jim Rogers is bullish on North Korea

North Korea ruler Kim Jung with Dennis Rodman

I would like to invest in North Korea but I'm an American so its illegal. 

North Korea is where China was in 1980, where Myanmar was in 2010. Very exciting and dramatic changes are taking place but I am a citizen of the land of the free and we are not allowed to invest in North Korea.

Kim Jung and his wife examining the new Amusement Park in North Korea

North Korea has a great gene pool if you look at it historically over the past thousand years. Theres something about the Koreans, they are not dumb, unsuccessful people. The Russians are pouring in, the Chinese are pouring in. Its changing very quickly.  


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on Interest Rates and central banks

Most central banks follow the market, and the market dictates what has to happen. In the US, interest rates have already started going up a bit, and they will continue to go higher, in my view. The US central bank will be forced to cut back its bond purchases and probably they will, and that will lead to higher interest rates.


At some point, we are going to have interest rates that will affect markets though that may not happen for a while. But when it happens, central banks will panic, the US central bank will panic and then they all will again start buying bonds in order to calm down the markets. Then again, interest rates will come down for while, and there will be bubble in the markets.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Money Printing and economic recovery

Vast amount of money has been pumped into Japan, America, Europe, and the UK. Whether the recovery will last or not I don't know. But these are all artificial money which has been pumped in to rest of the world.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Why Jim Rogers does not own a TV

I don't have a TV. I don't pay attention to other people. I have found in my life, if I get investment advice from someone else I nearly always lose money. I'm not quite sure why so I have learnt not to try.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on Narendra Modi and changes that could happen

Narendra Modi having friendly chat with Obama 

So far, Modi [India Prime Minister] does not seem to have produced results, which we all expected him to do. He said a lot of wonderful things, but so far nothing has happened, other than a lot of public relations.

People are waiting to see when Modi is going to change its economic policy, or start opening up of India to outside world. The expectations are very high because Modi at some point of time has to come up with some concrete proper actions.

Former Indian PM Singh greets Obama with friendly hug

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: Sanctions have not hurt Russia

I don’t see that it has hurt Russia [sanctions on Russia]. Maybe there’s something I don’t know, but I don’t see that this has hurt Russia in any way at this point.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Emerging markets will get hit if Fed raises interest rates

Emerging markets will get impacted from the US Federal Reserve interest rate hike. Last year, it scared lot of people, including the best of the emerging markets, when the tapering of quantitative easing was announced. 

When the market goes down by a fair amount, central banks will panic, and they will say "Don't worry, we will help you". Yes, it's going to affect everybody, especially the emerging markets.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

There could be one more big rally still left

Jim Rogers on central bank monetary policies

"The central banks have been printing staggering amounts of artificial liquidity. It’s going to come to an end. I don’t know if it’s coming to an end now. When it does end, we’re all going to pay a terrible price."


What if the markets have a big drop 

"So central banks will start up again printing money. Markets will have a big rally. That will probably be the last time around and might end in a bubble."



VIA Rueters TV

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers says China slowdown has some benefits [VIDEO]

Jim Rogers speaks with Erin of Russia Today. Topics of discussion include Russia, Japan, Agriculture, China, US Stock Markets, Feds, Financial Economy vs Real Economy, Sugar and more....

Consequences of bailouts being felt

A lot of people are being ruined. Any pension plans, endowments, etc., are suffering because they invest for the futures and are finding that their situation has gotten worse. We are doing this at the expense of people who save and invest. We are doing it to bail out the people who borrowed huge amounts of money. The consequences are already being felt.


VIA http://www.futuresmag.com/2014/10/09/jim-rogers-a-lot-of-americans-are-being-ruined

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Turmoil in markets cause US Dollar to get stronger

The US dollar is partially gaining strength because there is turmoil in the markets; people are worried about the Middle East, Russia, and when people are worried, they quickly resort to the US dollar to make payments. The US dollar is not safe haven anymore, but people don't understand that. 

As long as there is turmoil in the world, the dollar will go higher and higher, and this will hurt many countries and economies. And my plan is when the dollar goes higher and higher, I will sell the US dollar.

VIA Interview from Economic Times http://economictimes.indiatimes.com/articleshow/44531226.cms

Oil and commodities still in long term bull market according to Jim Rogers

We are going to have a bit more correction in crude oil prices and some commodities. I hope to buy some commodities when this correction goes far enough. The world is running out of oil in most countries, and the bull market in crude oil is still not over in my view. When crude oil goes down further, I would rather buy the commodity than sell.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

What Jim Rogers is buying

Russia and India

I am buying stock index in India, stock index in Russia. I am long on fertilisers and agriculture commodities as I expect prices to go up. I am overweight on the US dollar. 

JAPAN

I am overweight on Japanese blue chips as pension funds there are adjusting their portfolios. 

CHINA

I am overweight on China as the government is emphasising its economic plans for the next 20-years.


VIA http://economictimes.indiatimes.com/articleshow/44531226.cms

Jim Rogers on Gold October 2014

I have not been buying gold for a long time. I hope that I may get another chance to buy gold some time this year or next. If gold prices drop below $1,000/ounce, I hope to buy a lot more gold. Meanwhile, I have not bought nor sold gold though I have hedged some of my gold.


VIA Economic Times


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers thinks America wants war

"Strange things happen in war" - Jim Rogers 

Africa has changed a lot since Jim Rogers first visit

When I went to Africa the first time, everybody was a socialist or a communist. 

The second time, nobody wanted to be a communist, nobody wanted to be a socialist. If they did, they wanted to be a rich socialist. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

One reason why Jim Rogers wrote book is this

It started because I had these kids. I've never had kids, so I started thinking of things that I want to make sure that I taught them, so I'd write them down. 

So next thing you knew, I had a magazine article or two, the next thing you know it became a book of things. I have had plenty of mistakes that I've made, I have made a few triumphs, and I wanted to teach them in a book. I like to teach them and I do teach them, but you know if you have a book, its something they can always pickup one day and look at and say "what did my father teach me about that", even whether I'm alive or not at that time. 

So its something they can always have it right there. The only way I know to make sure thats still around always and easily accessible is in a book.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers Q&A video at Korea University

"This is going to end and its going to end badly" - Jim Rogers talks about various topics including US Bond Market, Central Banks money printing, Stock Markets, China Slowdown, Agriculture in Mongolia and more. 

Stocks dont always go up- Jim Rogers Quote

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers quote on commodities

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers not a big fan of Tech Stocks

I don't invest in technology. I periodically do on the short side because I don't understand it and I really couldn't tell if the guys are doing a great things or not. 

I certainly see some stock prices, I certainly see some some companies. Amazon has built a gigantic company, they don't make any money but that's by design. Is that the right way to do it ? I don't know, you could ask me in 30 years. I don't buy those stocks so I try to stay away.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: UK is finished

There are no UK investment banks anymore, merchant banks. They are all gone, they disappeared, great names once upon a time, but they all disapeared. They are either home by the Germans or by the Americans or somebody else. The city of London has already lost. The city of London is not British anymore, there are plenty of Brits down there. 

The UK is a huge debtor nation now. The debt is getting worse and worse, the North Sea oil is drying up. The UK is finished. I don't particularly like saying it because I've had a lot of great successes there but unfortunately its finished.


VIA Follow the Money

History has taught Jim Rogers how to invest

I'v been around long enough to and I've read enough to know history is a fabulous teacher about most sectors of the world of anything. 

So I know that this has all happened before, I see how it works. I see how it has worked, and its going to work that way in the future. 

I assure you human beings are still the same, we still get panicked when things go bad, we still get hysterical when things are going right, its all happened before.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

US tax laws harsh on expats

I know three or four Americans who are basically being forced to give up citizenship. If you make simple mistakes it could cost you—it could be a criminal offense, or at least a very financially onerous one.

My filing requirements and possible penalties are very much different [to Americans living in USA]. It is treating Americans who live abroad differently—you would think it is some kind of discrimination.



via http://www.cnbc.com/id/101987302

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wallstreet and London has changed dramatically since the 1960's

Historically we have had long periods when the Financial types were in type, followed by long periods where people who produced real goods were in charge. Then the financial types come back. 

When I went to Wall street and when I was in Oxford in the 1960's. It was a backwater, New York Stock Exchange who cares, big day in NYSE was 3 million shares. Now that's not even a trade, we do that 3 million shares before breakfast. It really was a backwater and nobody wanted to go to Wall Street or the city of London. 

When I was in Oxford my professors used to say whats wrong with you, nobody cares about the city of London, its not significant even in the UK economy, why are you so interested in London. Now of course every kid in Oxford wants to start a hedge-fund in their dorm room or whatever. 

So its all changed dramatically, 50's and 60's and 70's it was a waste land and along came the long bull market and everyone wanted to go into Wall Street. 

Now more and more of them are now trying to go into technology because many people are starting to understand the financial community has got problems and my view its a terrible place to go unless you really love it. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Russia and Asia trade increasing

The Russians are now pushing more towards Asia, partly out of necessity, and so you will certainly see [more economic trade between Russia and Asia]. 

I know that Moscow was putting huge amounts of money to the Far East, I know that you’ve built a railroad all the way into North Korea. I know Russia is putting a push towards Asia, and obviously, if there are opportunities for Asians, they’re going to take advantage of it. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers pictured with a Bitcoin ATM in Asia

Jim Rogers checks out a Bitcoin ATM in Macau

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on coming market panic [VIDEO]

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

China has not had any major problems and thats unsual according to Jim Rogers

Well, China is the second largest economy in the world, and if the second largest economy in the world has problems, it’s going to affect some people. 

If nothing else, the people who do business with China, will be suffering. That’s a lot of people, because it is such a huge economy now. It’s just like…if America has problems; it affects a lot of people. 

If Japan has problems, it affects some people. So there is no question that China will have problems – I don’t know what, or when, or why – but every country has problems, somewhere along the line. 

What is a little bit unusual is that it’s been a long time since China has had major problems. That is extremely unusual. That’s one reason I’m not buying many shares in China right now: they have big debts, internal debts, so I’m waiting in case there’s a problem coming out of China. 

If there is problem or some problems, I hope, I’m smart enough to buy more china. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Russian markets one of most hated at the moment

Russia is one of the most hated stock markets in the world, perhaps second only to Argentina, which is hated more. I have learned, when things like that happen, they usually put it cheap, Russia has a convertible currency, has a very low debt, has lots of resources, and when the stocks get knocked down, I started investing. 

Listen, I was very bearish on Russia for forty six years of my life. I’ve only started becoming positive on Russia in the last couple of years. I do think I see opportunities and therefore I’m investing.


via http://rt.com/shows/sophieco/161436-china-russia-investment-rogers

Russia going to be a major financial center in world

Mr. Putin says he wants to have Moscow a major financial center. I’m astonished. I’ve never thought of Moscow as a potential financial center, but I do know, Moscow is going to spend a lot of money and time and energy, trying to develop itself as a major financial center. And just by trying they are going to make Moscow more attractive. 

Mr Putin of Russia

Whether it works or not in 10-15 years? I don’t know, but in the meantime, a lot of money and effort is going into trying to make it a financial center.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Top 3 Jim Rogers Quotes

1. "I was poor once, I didn’t like it, I don’t want to be poor again."


2. “No matter what we all know today, it’s not going to be true in 10 or 15 years.”


3. “If the world economy gets better, commodities are very good place to be in … even if the world economy does not improve, commodities are still a fabulous place to be.”




Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Agriculture promising as investment potential

Jim Rogers is known for being an accurate investor specially in commodities. When asked in a recent interview in Business Standard on which particular commodity he feels most bullish on, he said

"Agri commodities at the moment because their prices are down and have been down from a long time, which is leading to fundamental distortion in agriculture. Inventories, worldwide, are near historic lows as we have been consuming more than we have been producing."

When asked on some examples,

"Look at the ones that are down – rice, sugar. Find the ones that are down and research accordingly."

World needs alternative currency to US Dollar

The dollar is an extremely flawed currency. The Americans are throwing their weight around and telling everyone what to do and I think it is absurd. It is making more and more enemies. As a result, some people/investors will move to an alternate currency. I hope the world will come up with a competing currency.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers would buy Gold if it went below $1000 an ounce

I own gold and I am not buying it now. But if there is war, yes! I would be buying gold if it goes higher. But I don’t expect so. I am looking to buy gold on a decline. I do not know how low. Gold has not had a 50 per cent correction in 13 years and that’s very unusual. If gold prices corrected 50 per cent (and that’s not a prediction) and slip below $1,000 an ounce, I would buy more. But I am not buying gold at the moment.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers makes the case on why to buy US Dollar vs Euro

What I suspect will happen is that America will continue to cut back a little bit but, eventually, it is going to have an effect on the market and then America will start printing money again. But in the meantime, when America continues to cutback, Europe is coming into the market and printing more.

On the other hand, Japan and the UK are not cutting back. So, if the US cuts back for a while before it returns, Europe, it seems, will increase its money print. In that context, it is better to buy US dollars rather than euros at this point. I don’t think any of these banks will stop printing permanently because when things start going wrong, they’re going to panic and print more.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Not easy for foreigners to invest in India currently

The one thing that would make me probably invest in India is if the currency is made convertible and makes it legal and easy for foreigners to invest there. Right now, it is very difficult to invest in India because the currency is not convertible and because it is illegal for foreigners easily to invest there. This is absurd.

If India claims where it wants to be – that it is a great economic power, which it could be some day – issues related to currency convertibility, high inflation, debt, ease of investing have to be addressed.

So, if the government does something on these issues, I will be very excited about India. You also need to cut bureaucracy. India has the worst bureaucracy in the world and I haven’t seen anything quite like it. If these things change, India could be a very exciting place for me.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Japan more attractive as investment at the moment than USA, Germany....

America, Germany and many other developed markets are near all-time highs and most undeveloped markets are not. I would prefer to invest in places like Japan, that is still nearly 65 per cent below its all-time high. I would rather invest in Japan rather than in New York. China, too, is around 65 per cent below its high levels. I would much prefer to judge each situation based on its own merit and invest in China or Japan, given that they are depressed, rather than Germany or America.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: US Dollar, Renminbi, Yen, Rupee

I own the dollar, since I expect more turmoil to come, and when it does, people will flee to the dollar because they think it is a safe haven. It is not a safe haven. 

In case of turmoil, and people flocking to the dollar, I would look to sell the currency as on a long-term basis. It does have serious problems.

I also own the renminbi and I am not selling it. I’ll buy more if it dips from the current levels. The fundamentals for the renminbi are less unsound. 

I also own the Japanese yen because a lot of people are negative on it. 

I do not own the rupee because India has big debt-related issues, balance of trade and inflation problems.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on new government in India

The new government has done a lot of smart things in its previous positions. I am still in a wait and watch mode as regards India. The new government still doesn’t control the upper House (of Parliament), so, the Prime Minister can’t do everything he likes and the recent Union Budget really didn’t do very much. India still has a lot of internal problems. Though I am not investing right away, I am keenly watching the developments unfold.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

No such thing as safe investment

There is no such thing as safe, if you ask me. In the investment world, there is always a risk of everything even if one holds cash. You need to put your money in the right asset.

I certainly would think that anything in Africa, South America or even parts of Asia might be safe or considered less dangerous than parts of West Asia. I don’t expect geopolitical problems in Asia but who knows? The future remains uncertain.

Politicians, as history suggest, have done very foolish things and probably will continue to do foolish things. So, some parts of Africa and South America appear less dangerous — but no place is absolutely safe.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Commodities do well in times of War

Wars always affect all markets. When there is turmoil or fear, people are less likely to take risk. War is not good for anything except commodities. In such a scenario, people prefer to put their money into commodities like lead, copper or wheat because they know those are necessary for war. Likewise for gold. Thus, war is not good for anything except commodities. It is less bad for the people who win the war but in the meantime when there is uncertainty, people are afraid of investing and taking risk.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Why money printing will not stop

When America continues to a cutback, Europe is coming into the market and printing more. On the other hand, Japan and the UK are not cutting back. I don't think any of these banks will stop printing permanently because when things start going wrong, they're going to panic and print more.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Why North Korea is a great opportunity

It is one of the best opportunities in the world right now because it is on the floor. China opened up 35 years ago while North Korea opened 35 days ago so obviously there are huge opportunities there. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

US Dollar is a flawed currency [VIDEO]

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers praises China for opening up Gold to public

What China has been doing with gold is terrific. Ten years ago it was hard to buy gold in China and 30 years ago, you couldn't buy gold in China. 

I own gold and I hope everybody buys gold and it goes much higher. It will, eventually. I don't know whether China's central bank should buy gold at this moment. I haven't sold any gold. If it goes down a lot, I will be buying more. 



via http://www.metalbulletin.com/Article/3356923/HOTLINE-Jim-Rogers-on-all-things-China.html

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

I would open the yuan

China started yuan appreciation in 2005 but now they are doing it at a much slower pace. This is not 1914, this is 2014. China is the most successful country in the world. With 30-35 years, they have huge foreign currency reserves. I don't know what they are worried about. They say they will allow full convertibility and yes, they do something every month and quarter but I will do it today.

VIA http://www.metalbulletin.com/Article/3356923/HOTLINE-Jim-Rogers-on-all-things-China.html

How Jim teaches his kids the value of money

When they were born, I got each of them six piggy banks. They have piggy banks for US dollars, Singapore dollars, etc. 

I’m not trying to teach them to be currency speculators, but I do want them to know that a) they should save 
and 
b) that there are different kinds of money


Jim Rogers wants his children to learn to value money and how money is earned. He says "The children get paid when they do extra chores". He wants his kids to learn from a young age that money “doesn’t fall out of the sky” and “you have to work hard and save it”.


If I can instill in them the necessity to save and the habit of saving, then I will have done the best I can in this stage of their lives.


via  https://sg.finance.yahoo.com/news/jim-rogers-reveals-his-singapore-investment-strategy-153319907.html

Jim Rogers thinking of moving to Shanghai

I came to Shanghai nine years ago with the idea that I will live somewhere in China, but it was too polluted. 

Now I am starting to think about moving to Shanghai again. It is less polluted than the other cities. A lot of money is being spent to clean up China and somebody is going to make a lot of money cleaning up China.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Rogers encourages Brazil, China, Russia to come with new currency to replace US Dollar

"Brazil wants to compete with the IMF, the World Bank and the US dollar. Brazil, China and Russia could easily put something together to compete with the US dollar. The US dollar is a terribly flawed currency. I’m an American. I hate to say that. But the US has serious problems, the world has serious problems. We need something else."



According to Mr Rogers, India should probably not be included in the new world bank while he thinks Russia should be included due to its huge international currency reserves.

"To put together a competing world reserve currency and develop an alternative banking system, the BRICs might consider throwing India out of the equation"

From a financial perspective Jim Rogers says Russia is stronger compared to India and Brazil due to their national debts.

"India and Brazil have big (national) debts. Russia is not a big debtor and has big international reserves"

Jim explains why we need more farmers

Agriculture has been in a terrible business for 30 years. Its been so bad the world has now consumed more than its produced for the last decade. When you consume more than you produce its going to come from an inventory. We've built a big inventory over the 30 years but now the inventory's world wide are at historic lows. So we're running out of food. Worse than that, we are running out of farmers. The average age of farmers in America is 58, Japan is 66, in Canada its the oldest in recorded history. In Australia its 58. The highest rate of suicide in the UK is in Agriculture. Its a terrible business for many reasons. 

At the same time we dont have young people becoming farmers. More people in America study public relations than of Agriculture. We got old people dying and getting out of the business, no young people coming in. 

Somebody has got to go into the fields. Even when the fields are automated, somebody has got to do it. And if everybody is dead and everybody is studying public relations, where is the food coming from. 



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers gold long term bull market

“I still own gold – though I’m not buying at the moment. But if there is another buying opportunity in the next year or two, I will buy because it will go much, much higher. Gold will be one of the final commodities to end in a bubble in this cycle.”

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Does History repeat itself ?

I remember between 1982 and the end of the century, in the stocks bull market, we saw several corrections. In 1987 stocks were down 40-80 percent worldwide and it took a long time for it to get above pre-correction levels but the bull market was not over. We are seeing the same normal correction happening in commodities now.

 - See more at: http://www.bulliondesk.com/gold-news/interview-supercycle-to-last-2-5-years-gold-to-go-much-higher-jim-rogers-77836/#sthash.PO1C0ycD.dpuf

How long can commodities continue higher

Commodities will end in a bubble by the end of the bull market, whenever that is – whether that is in two years’ time or five years’ time. Bull markets normally end in a bubble and this one may be no different.

I doubt the time frame is two years; it will probably last longer than that. But no, it is definitely not over, not with all this money printing going on. There is still staggering amounts money floating around, with huge artificial oceans of excess liquidity – this is the first time in recorded history that all the world’s major central banks simultaneously printed large amounts of money, from the EU, to the UK and the US. This has never happened before, so this is not over yet.  

I don’t think this will last another 10 years – but who knows, governments are still printing money so this could go on much longer than anyone expected


VIA http://www.bulliondesk.com/gold-news/interview-supercycle-to-last-2-5-years-gold-to-go-much-higher-jim-rogers-77836

Wars get started over the smallest things

Its always astonishing to me that the world might come to and end over a few rocks over the ocean. 

But having said that if you go back to where most of the wars have been started, its always been absurd. This guy does that, that guy does that, another guy does that, first world war is the perfect example. Then they say how did we get in this, how do we get out of this. Next thing you knew is hundreds of thousands of people were dead. Vast amounts of capital is squandered. Its a gigantic waste. Its all because of a few foolish things that got everyone going. In all the wars if you look back, is politicians do foolish things and next thing you know is a bunch of 20 year old's shooting at each other.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on the Asian education and his daughters

This is the asian century whether we like it or not, there will be plenty of setbacks just like in the America, just like in the UK. I want to prepare my children for the 21st century. I want to give them any legs up I can. Its not going to make them successful because they know Asia or know Mandarin, but it will give them a few advantages. 

The Asian nations come out in top on all national educations in International tests. United States is not even in the top 20, so I wanted them [my daughters] to have demanding, rigorous advanced education. I got to tell you its unbelievable how demanding, rigorous, advanced education. Its much more than I expected, my daughters have more homework in 2 or 3 years, than I have had in 12 in the US. I see what they are doing. I can see why the Asians come out of top in tests. She is certainly a learning work ethic if nothing else.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Rogers on Xinjiang and China unrest

Whenever there are bombs going off, people become worried. People tend to get more aggravated or agitated when things slow down. China is slowing down at the moment. But will this mean the end of prosperity in China? I doubt it.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Rogers on Chinese currency correction

Chinese Currency

The market has 3%, 13%, 23% correction all the time. So it's good that the Chinese currency is starting to fluctuate. That's how the markets work. If it's only going up, it's artificial.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: How to make money in stocks

It’s a been a long-term adage in the investment world that you buy when there’s a disaster, because if you buy when everybody else is panicking and dumping, you’re probably going to make a lot of money in the end – unless the world comes to an end. 

I don’t suspect that Russia is going to come to an end, Russia has assets, Russia has lots of foreign currency in reserves as well, so when I saw Russia collapsing I thought I should buy, and I did buy. 

I’ve been becoming more optimistic about Russia over the past year or two anyway, because you do have big reserves and there are positive changes taking place in Russia as far as I’m concerned, so I hope you buy low and sell high – that’s what I’m trying to do.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

World to see more turmoil in next decade

Riot police practicing a drill

China will see more social unrest going forward, but I don't see the Chinese government failing.

In fact, we are going to see more social unrest throughout the world, because we are in this artificial situation where a lot of money is being printed, but many people are not participating in the recovery. We are going to see more turmoil in the next decade.



Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Who pays for politicians mistakes

There is always geopolitics risk. We have had wars since the beginning of time, and we will have more. Politicians have always made foolish mistakes throughout history. They will make mistakes again, and we will all pay for it.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

More conflicts and wars coming

Unfortunately if you look back at history, all wars started with small incidents. I would expect we'd see bigger conflicts in the next ten years.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers may invest in Bitcoin in future

Would Jim Rogers buy bitcoin ?

If I were smart, I would have bought it [Bitcoin] in the early days when people first told me about it. I still don't know enough about it to invest in it. 

There have always been plenty of great investments around the world. That's part of it. The other part is that it seemed to be complicated (to me). Of course, I may have missed it. If somewhere along the line, they are down and I learned enough about it, I might invest.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers China Money interview

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

This worries Jim Rogers the most

Jim Rogers pictured with his fancy Bow Tie

What worries me the most is that for five or six years, all the major central banks have been printing huge amounts of money. It's the first time in recorded history that we have the Japanese, British, European and Americans all printing money at the same time. So we have this artificial ocean of liquidity, which is making markets do well, but it's not doing much for the economy worldwide. When it ends, we will all pay a terrible price.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers warns government are getting desperate world-wide

Just be very careful. They are desperate and getting more desperate. They meaning governments all over the world because they are out of money.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Asia and Russia getting closer

I will have to say that Washington seems to be making one mistake after another and I don’t like saying it, since I’m an American citizen, but, you know, America is driving China and Russia together – America is driving Russia more and more to Asia… That cannot be good for America but they still keep making mistakes in Washington. 

via RT.com

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers thinks US dollar needs competition

I do know that the world has serious currency needs and serious currency problems. The U.S. dollar has dominated the world for the past 70 to 80 years. 

Somebody is going to stop using the dollar eventually. We need something to compete with the U.S. dollar, and something to replace it eventually. Whether it's the bitcoins, the RMB or seashells, I have no idea.


via http://www.chinamoneynetwork.com

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

US Dollar enjoying reserve currency status at the moment

The US has been the world’s reserve currency, has had the world’s medium of exchange and so far we’ve been able to do a lot of things because we can just print more US dollars. 

We have a huge balance of trade deficit; we have huge government deficits, because we can print more money. If there comes a time that we cannot print money, when the world will not just take US dollars because we say “here they are!” – then that cripples America in many-many ways. The Pentagon, the Defense Department of the US has already said that the deficit in the US is a major potential weakness from the military point of view. Just recently, the space people said “every country in the world has eventually collapsed” and the way America is going, we might collapse too. This is not me, this is the Defense Department of America, and this is the Space Agency of America saying these things. 

If you read history, it’s correct. When people do not have the money that they used to have – they’re limited in many ways. You cannot have as many soldiers, you cannot have as many airplanes, you cannot send ships all over the world, because somebody has to pay for it, and if you don’t have the money to pay for it anymore, you’re in trouble.


http://rt.com/shows/sophieco/161436-china-russia-investment-rogers/

Jim Rogers not proud that America pushing people away from Dollar

I don’t particularly like saying this, because I’m an American citizen, and American taxpayer and American voter, but if you drive people away from the dollar… many people now must be saying “guys, if we have dollars, and the US decides that they don’t like us, they’re going to put sanctions on us!” 

So more and more people would say “maybe I shouldn’t use the US dollar, maybe I shouldn’t have my money in US dollars.” At the same time, as you know, Russia and China are now going to trade with each other in their own currencies instead of the US dollar. 

More and more people are doing the same thing, they’re starting to trade in other currencies besides US dollar. This is just a continuing long-term move away from the US dollar. And, I am afraid, that US is pushing people away from the US dollar with our actions.

via - http://rt.com/shows/sophieco/161436-china-russia-investment-rogers/

Russia can hurt US economy with this

If Russia now does more and more trade with Asia, instead of with Europe and the West, then obviously that’s not… that’s good for Russia, that’s good for Asia, but America gets cut out and Europe gets cut out. 

You know, Russia used to sell a lot of gas to Europe, it still does, but if they stop selling natural gas to Europe, and sell it to Asia – that is not good for Europe, and, ultimately, not good for the US either, because the US and Europe are huge trading partners. 

via RT.com

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: Putin outsmarted Obama

Unfortunately America seems to have really bungled this whole thing very badly. As you know, they’ve tried to instigate a coup in Ukraine against an elected government, and they did that somewhat successfully, but then they didn’t think through the consequences. Mr. Putin seems to have outsmarted us, Putin now is in control of Crimea, which Russians have controlled for many decades, so that’s not so unusual – what’s unusual is that America didn’t think through what they were doing, they seem to just react on a day-to-day basis, so now… Crimea is part of Russia, the Russians have more and more allies in Asia. 

I’m afraid America just didn’t think it through, they’ve bungled, they’ve acted on a day-to-day basis, and they’ve reacted to events instead of looking to the future and controlling events. Mr. Putin seems to have outsmarted Mr. Obama. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers says most people trade too often

I'm not very good at short term trading and market timing. As far as I'm concerned, and this does not apply to traders, most people should do nothing most of the time. If they own something they should wait. 

In my case, I might wait years for it to mature and develop. I like to find things with positive changes. A lot of times I am doing nothing, waiting for opportunities, or to let opportunities mature. Something I'm watching at the moment and even acted a little bit is Russia. 

Now I have started made a few investments in Russia, which is perhaps the cheapest market in the world and certainly one the hated markets in the world. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Check facts before acting on it

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

Via Jim Rogers Book

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

When would Jim get excited about India investments

If India makes currency convertible and opens the markets to all investors, where anyone can bring money in and take it out, then only I would get excited.

Via http://economictimes.indiatimes.com/articleshow/35234622.cms

Jim Rogers on India's problems

I hope some exciting things will happen going forward. One must remember, when Manmohan Singh came to power, he promised all sorts of exciting and wonderful things, but that did not happen for whatever reasons. I hope Modi does deliver on his promises because he has the power and the mandate. 

Everyone knows that India has been badly managed for decades. There are concerns about inflation, trade deficit, high debt-to-GDP ratio. Whether Modi can solve all these problems, I don't know, I am still sceptical.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Deposit in bank accounts could be at risk if Bank fails

The US Government has changed a various regulations and laws so that we too being Americans, could have our bank accounts raided. You and I if we have money in a Bank that is failing, the politicians decided they are not going to use tax payers money to bail them out anymore and so that means the depositors are on the hook. That change has been made in the UK, that change has been made in Europe and probably been made world wide. So be very careful.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: Buy the rumour sell the news

Normally, when markets move as per anticipation, one should sell as an expression in financial markets -- buy on rumors and sell on news. Investors have been buying for the past several weeks in anticipation of a favorable political outcome [in India elections], thus many investors will sell now because that's traditionally been the right thing to do. 

If, I were an Indian, I would probably sell into this kind of excitement because markets have anticipated this event. Now, the markets will consolidate and may go do ..

Read more at:
http://economictimes.indiatimes.com/articleshow/35234622.cms

Jim Rogers wishes best for India

Indian markets were very excited about the elections for the past several weeks. The benchmark indices have rallied nearly 20% in this period on anticipation of a favourable political outcome. 

Modi is a better man than many other politicians in India, but whether he will be able to deliver things as promised, I am sceptical about because there is a huge bureaucracy in the system and opposition from politicians. I sincerely hope that things change in India, but I am sceptical as politician ..

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers praises Russia

Russia could probably be the largest producer of nearly anything, just because it is such a gigantic area. Its so huge. They are the largest producer of oil in the world and they could probably lots and lots of oil and other things in the future.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers: Exchange controls coming to America

No doubt on my mind there will be exchange controls on Americans sometime in the next few years. When a nation gets itself to this kind of situation one of the things which politicians have always done is they have imposed exchange controls when things get bad. I know America will do it too. We've had exchange controls in the US before. We will have them again. 

I would urge people to think about protecting themselves however they can by having some of their assets outside the US.

via Goldseek Radio interview

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers still buying gold when it gets weak

I own gold, I own silver. I hedged a little bit but not enough to talk about, so I am waiting. I periodically buy when it gets weak. Basically I'm waiting, Im looking for another chance to buy gold in the next year or so.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Why more people could move away from US Dollar

Jim Rogers on US sanctions on Russia and US Dollar

I would think that anyone using the US Dollar put up and take notice, because it is clear that if America does not like you, they have weapons at their disposal including blocking your US Dollar. 

I would suspect more and more people are saying "Wait a minute maybe I should use something else besides the US Dollar". So yes, in the long term there could be a continued move away from the Dollar away from fundamental reasons, but this gives a more impetus to move away sooner.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Jim Rogers on Donald Sterling, Obama Asia visit and China

Jim Rogers speaks with Channel News Asia on various topics including China, Russia crisis, Brazil, Obama and including LA Clippers owner Donald Sterling

Jim Rogers interview with USA Watchdog

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.