Jim Rogers speaks to Platts on various topics. Read excerpts below.
Oil
"In my view oil is making a complicated bottom. And then oil will be going higher. Known reserves of oil continue to decline, except for fracking. But fracking, that bubble could pop."
Gold, Silver
"Precious Metals I'm waiting for a decline. Before this is over Gold and Silver are going into their own very overpriced markets. When people lose confidence in governments and money, they buy Gold and Silver."
China
"My best overall market is the Chinese market. It is still 40 percent below its all time high. Japanese Markets is 50 percent off its all time high. I own several Asian markets. Those valuations are much lower on a historical basis than Western markets. If the Western markets are going to go up, the Asian markets are going to go up even more."
Cryptocurrencies and Blockchain
"Blockchain is going to happen one way or the other. Cyber currencies, I think most of them will probably not survive. There is no question that money is going to be on the internet in the future. In China, they don't have money anymore. I tried to buy ice cream the other day; I only had money. The lady couldn't take money and I didn't have the card, so she gave me the ice-cream."
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.
