Crude Oil Will Probably Retest The Lows

The way markets work, usually, when something has a big collapse, there is a dead cat bounce, there is a big bounce for whatever reason and then a few weeks or months later the market tests the lows. So, I would suspect that there will be a test of the lows sometime in the next few weeks or months but the lows will hold.

Trading instruments: Nymex Crude Oil Futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (COM)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Investing Podcast: Stock Market, Japan, Gold & Economic Outlook

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Gold: The Way The Markets Work

Gold has not had a 50 percent correction in many, many years. That is unusual because most things have 50 percent corrections every 3, 4 or 5 years. It is just the way markets work. But Gold has not.

Related ETF: SPDR Gold Trust ETF (GLD)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

China & Gold

In China it was almost impossible to buy gold 15 years ago, even 10 years ago. Now there are gold shops everywhere in China.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Expecting Major Problems In The World Financial Markets

In the next year or two we are going to see some kind of major, major longer term problems in the world financial market. The next stock correction will cause central bankers to panic, that may happen in the next few weeks or months, and then we will have the galloping to the rescue, the save us all, that turns into a big rally.

Certainly by 2016 there is going to come a time where there is not much the Central Banks can do, when they have lost all credibility, the Governments have lost all credibility. They will print, and spend and borrow but there`s comes the time when people are going to say: We don`t want to play this game anymore.

And at that point is when the world has a serious, serious problem.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

U.S. Stock Market: The Next Market Correction

What I suspect it will happen in the U.S. stock market is, it is going to have some kind of correction somewhere along the line for whatever reason and then everybody will call up Washington and say, "Oh my God! You have to save us, civilization is at risk. You will ruin your reputation and our work."

The bureaucrats and politicians that are not terribly smart, they will panic and they will come to the rescue. I do not know what they will do, they will do something to calm everybody down and I suspect the market will turn around and have another big rally.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Japan: Stock Market Outlook

I am still long Japan, I would like to buy more if I find the right opportunity, the right thing. I think that Japan is going to turn into a bubble again. It has been 25 years since they had a bubble in Japan, so maybe they are overdue.

Prime Minister Abe and the head of the Central Bank seem determined to do whatever it takes to drive things higher. They said they will print, in their words, unlimited amounts of money, so I am afraid it will turn into a bubble but in any case, I am still buying.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Russia: Investing Outlook

Related ETF: Market Vector Russia ETF Trust (RSX)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

My Top 3 Currencies

My Top 3 currencies at the moment are the U.S. Dollar, the Chinese Renminbi and the Hong kong Dollar. Those are the ones I own the most.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Safest Countries To Keep Your Money

I live in Singapore and I have assets in Singapore. But I have assets in other various countries around the world. I have assets in the United Kingdom and some in the United States. I am trying to get my assets out of the U.S. because I expect exchange controls eventually. Switzerland, Austria, these are countries that traditionally have been O.K. but even these countries, especially Switzerland is not what it used to be.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

What Conditions Would Prompt Me To Sell My Gold

Gold will turn into a bubble eventually and when it turns into a bubble; I hope I am smart enough to sell it. On the other hand, on the downside, I am not quite sure that I can think of anything that can cause me to sell my gold. If nothing else it will be for my children someday.

Related trading instruments: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

China Is My Largest Stock Position

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Russia: I May Buy The Index Again Soon

The Moscow Stock Exchange has done well, the currency is doing well. I am delighted. I bought shares, the currency and the bond. I am not buying anything right now but if I would be buying it would probably be the index. I may buy soon because it has come down a little bit.

ETF: Market Vector Russia ETF Trust (RSX)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

How To Prepare Yourself For The Next Crisis

Prepare yourself, be knowledgeable, read, learn about what is going on. Do not listen to the politicians, do not listen to the press. The press unfortunately does not seem to understand what is going on. So be knowledgeable, learn about what you can do to protect yourself, be worried and be prepared.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

What Real Assets To Own In Times Of Turmoil

Real assets in times of turmoil, especially productive real assets such as farmland are very, very useful and one of the ways history shows that you can protect yourself.

And gold and silver coins have the attraction that they are easier to transport and they are internationally recognizable. It is hard to transport your farm if you have to get out of your country.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Where To Invest When There Is Turmoil

One should diversify and real assets usually in times like we are discussing, if you own a farm you are probably going to be better off than most people but be sure your farm is far away from the masses that will come in and steal everything you have. So having some real assets especially agriculture, you may not do well, but you will do better than everybody else in times like that.

Related trading instruments: PowerShares DB Agriculture Fund (DBA)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Have Some Money Diversified Out Of Your Own Country

When the market finally says to these guys, we do not care, we are not going to take your paper money, we are not going to take your bonds, we are not going to play anymore, then what are they going to do?

When printing money does not do any good, when spending money does not do any good...

Then that is a disaster, that leads to revolutions, dictators, wars, all kinds of disasters. Be sure to have some money diversified out of your own country.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

China Is Slowing Down

The Chinese economy has been slowing down partly because the Chinese have been trying to slow it down, they had inflation, they had a housing bubble, so they have been doing the right thing, if you ask me, to slow things down. It is happening, the European economy is not robust, even America is not booming. Those are the customers for the Chinese, so China is slowing down just as many other parts of the world are as well.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Central Banks Will Lose Control Of The Situation

Somewhere along the line we cannot continue with these absurd interest rates and continue this absurd money printing and somewhere along the line the markets take all the things away from the central banks and the markets decide.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

There Will Be Another Recession In The U.S. In The Next Couple Of Years

It is certain that there will be another recession in the United States and therefore in the world in the next couple of years. What will happen when the economy gets bad?

First they will panic and then they will print lots and lots of money because they don`t know what else to do. Congress will start spending a lot more money because they don`t know what else to do. If people get into trouble they will prop them up, some people they will prop up.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Stocks: I Am Still Long, But...

I am still long stocks, don`t get me wrong. I am just saying, please be aware of what is going on and when it ends, it is going to be serious.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Markets: Be Prepared, The Game Is Getting Close To An End

Be prepared. The next time we have a problem in the world it is going to be really, really bad.

Interest rates are at historic lows, they have printed staggering amounts of money. I mean, they can go out and buy stocks or something or print even more money but the game is getting close to an end. We have not had a recession or hard times in America or in the world in 6 years, we are overdue historically.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

I Expect The U.S. Dollar To Go Much Higher

I expect the U.S. Dollar to go much higher during the turmoil of the next year or two or whenever it comes. That will be the top and that will be the time to get out.

It can go up a lot more, the turmoil is likely to be pretty serious.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Money: The First Important Thing To Learn

This is extremely important. The first important thing to learn is, not to borrow money unless there there is a good reason. But second, it is even more important to learn to pay it back because if you don`t pay it back, you will lose your credit and nobody will trust you and you be able to borrow other money. So, it is best not to be a borrower but if you are a borrower for good reasons, be sure to pay it back.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.