Markets: Rallies Will Be Short Lived

The rallies will be short term lived but the central banks are not very smart, so they will do their best to fight against the markets, to make the markets go up. Unfortunately for them the markets have more money than the central banks and the markets are smarter than the central banks. The people at the central banks are academics and bureaucrats and they do not know what they are doing.

(SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq Futures)

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: The Next Couple Of Years Are Going To Be Bad

Yes, we are entering a period of very bad financial markets, most financial markets. There will be times when central banks will get scared and panic and try to make the markets rally, and they will rally. But basically I am afraid the next couple of years are going to be bad for financial markets.

(iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), Market Vector Russia ETF Trust (RSX), 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.