Stock Market: Long China & Short U.S.

I am long China and short the United States. The Chinese market is down 50 percent from its all time highs. The american market its at all time highs. (iShares FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA))

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.

Commodity Producers: The Cure For Low Prices Is Low Prices

The market is doing what it is supposed to do. You know, making supply go down. The cure for low prices is low prices.When you have low prices, production declines, exploration declines and it is happening.

This is going to be good for the producers, not at the moment, certainly in the next couple of years the producers are going to turn around and go up a lot.

Related: Energy Select Sector SPDR ETF (XLE), Market Vectors Gold Miners ETF (GDX), Exxon Mobil (XOM), Chevron (CVX), Newmont Mining (NEM), Barrick Gold (ABX)

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.

The Main Problem Is That America Has Got Staggering Amounts Of Debt

The main problem is that America has got staggering amounts of debt. We all would like to spend a lot more money. But every time we look over our shoulder there is huge debt at a national level, at an individual level. That is where the problem is. China has got debt problems too and you notice people getting bankrupt. They cannot do in 2015 what they did in 2009. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY))

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.

One Reason The U.S. Economy Cannot Grow

We have a gigantic government deficit. The debt is going through the roof. One reason we cannot grow is because we have this gigantic debt. You cannot grow when you are dragging trillions of dollars of debt on your shoulders.

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.

The Reason The Market Is Going Up

The reason the market is going up is because it really does not count until interest rates go up two, three, four times. Once that happens than you should start worrying. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY))

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: Who Cares If Its Up 0.25%?

One quarter of one percent is so below historical normal levels. This is insignificant to the market. Who cares if its up 0.25%? The economy does not care, the market does not care. Average interest rates are normally 3 percent in America. Why are we so involved with 0.25%?

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.

Low Artificial Interest Rates Are Going To Be Very Costly

They should not have lowered interest rates to zero for 7 or 8 years. We are all going to pay a horrible price for this. Debt has gone through the roof in the last 7 or 8 years. The Fed`s balance sheet alone has gone up 600 percent in seven years.

You and I, everybody is going to pay a horrible price for this historical low artificial interest rate.

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.

A Crisis Would Be Bullish For Gold

Low prices for many people will be crisis. If the price of gold goes to 900 dollars / ounce a lot of people will see it as a crisis because a lot of people believe that gold is holy and it can never go down. That would be a crisis in price.

Certainly if war breaks out in the world that will make gold go up, it will make crude oil go up. Everything will go up, oil, agriculture, gold. Yes, a crisis would be bullish for gold as low prices would be good for gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE))

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.

The U.S. Dollar Will Get Overpriced

I do own a lot of U.S. Dollars, I am not selling the U.S. Dollar. I expect the U.S Dollar to get very overpriced because there is more turmoil coming and people do not know what to do so they look for a safe haven. The U.S. Dollar is not a safe haven. The U.S. is the largest debtor nation in the history of the world. Most people think it is a safe haven so it will get overpriced and I hope I am smart enough to sell it if and when that happens.

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.

Agriculture Is In The Process Of Turning

Agriculture, when it turns and it is in the process of turning it is going to go up for a long time. Agriculture prices are down a lot in the past 15 or 20 years. It is one of the few in the world that has gone down in price. Sugar is down 75 or 80 percent from its all time high. That is astonishing if you start looking at the world. So, this is going to go on for a long time when agriculture turns.

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.

Crude Oil: Supply Will Be Cut Back

At the moment as you know it is not profitable to drill nearly anywhere in the world at these prices so a lot of drilling is going to be cut back, few wells are going to be built. This is going to last a long time, this will last a long time when it turns. (United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Energy Select Sector SPDR ETF (XLE))

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 Will Probably Go Under 1,000 USD/Ounce

I have been negative on Gold. I own Gold but I have hedged my Gold. I haven`t bought Gold for about 5 years now. I expect another opportunity to buy Gold. It probably will go under 1,000 dollars an ounce and if that happens I hope I am smart enough to buy more. (SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX))

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.

Agriculture: I Am Very Optimistic For The Next Decade

Agriculture has been a horrible business for over 30 years. The average age of farmers in Amrica is 58 years old, in Japan its 66. I could go on and on with horrible statistics about people dying, getting out of the business, committing suicide.

More people in America study Public Relations than study Agriculture. So, we are going to have a crisis in Agriculture soon unless something happens. If the prices of food do not go up we are not going to have any food at any price. I am very optimistic about agriculture in the next decade or two.

Related ETFs: PowerShares DB Agriculture Fund (DBA), iPath Bloomberg Cotton Subindex Total Return SM Index ETN (BAL)

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.

Crude Oil: This Will Be A Great Opportunity

Somewhere along in here this is going to be a great opportunity to buy oil, to buy Russia (Market Vector Russia ETF Trust (RSX)), to buy countries that produce oil. It is going to be a wonderful opportunity before too much longer.

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.

Crude Oil: How Low Can It Really Go?

I don`t know. When it develops momentum like this it will certainly overshoot, things always do when they break down like this. I don`t know, 32 dollars a barrel...you pick the number.

Crude Oil: There Will Be Wonderful Opportunities

I thought that crude oil had stopped going down whatever bad news came out but obviously more bad news came out and it kept going down. So what I said at that time was that you could start buying a small amount, I did buy a small amount but now I am not buying.

It looks to me when you have something like this happening it usually develops momentum and goes down for a while. But somewhere along the line there is going to be a great opportunity to buy crude oil, to buy Russia, to buy countries that produce oil. It is going to be wonderful before too much longer.

Related ETFs: Market Vector Russia ETF Trust (RSX), United States Oil Fund LP ETF (USO), iShares MSCI Emerging Markets Index ETF (EEM), Energy Select Sector SPDR ETF (XLE)

Where To Invest: Chinese Tourism

You already know that Chinese tourism is exploding. Do not expect that Chinese tourism is now going to dry up. There are 1300 million Chinese. They had not been able to travel much for the past 300, 400 years. Now its easy to get a passport. They will be traveling in their own country and they are certainly going to travel around the world. Chinese tourism is one of the great growth industries of our time.

China: Investing In Pollution Control

I have invested in some companies. Just to run down the list, on pollution, you all know that China is still very polluted. Unfortunately Hong Kong suffers some of that too, but they know that in China. And they are starting to clean it up. Somebody is going to make a fortune cleaning up China. Find the right people, find the right companies and you will too make a fortune cleaning up China.

Precious Metals: Where I Might Start Buying

At 900 dollars an ounce for Gold and in Silver around 11 or 10 dollars. I do not even know if they are going to get there, but if they do, that would be where I would be interested in buying. (Regarding Gold), I might even start buying before at 950 dollars per ounce.

Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), Market Vectors Gold Miners ETF (GDX)

Energy Prices: Making A Bottom

I have noticed that energy prices do not go down much, they do not collapse, even when there is bad news. Usually, when there is bad news and things do not continue to go down, it is likely making a bottom. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)

Emerging Markets: Kazakhstan

I have never invested in Kazakhstan (or Republic of Kazakhstan) before for many different reasons. One of the reasons is that Kazakhstan used to be closed to foreign investing. But things have changed and now I am considering options and I even have a list of companies, where I might invest, so everything is possible.

* Kazakhstan has borders Russia, China, Kyrgyzstan, Uzbekistan and Turkmenistan;

Tickers: iShares MSCI Emerging Markets Index ETF (EEM)