Investing: Opportunities In Agriculture

Agriculture has been a disaster for 35 years or so. The average age of farmers in America is 58. More people in America study public relations and study agriculture. The highest rate of suicide in the UK is agriculture. 

In Japan, the average age of farmers is 68. Nobody becomes a farmer, you go to Japan now, there're huge stretches of land, they're just empty. They can't find anybody to farm them. Farmers have died, the kids have gone to Osaka. There's nobody to farm that land. If you want to be a former, go to Japan. You can get a lot of land cheap. That's true. 

Australia, Canada, all of these countries have very, very aged old farmers, men and women. It's millions of Indian farmers have committed suicide, as I'm sure you know. No, no, agriculture is a disaster. The Chinese have a word, you know the Chinese word weiji? It means disaster and opportunity are the same and they are. If you can survive the disaster, you're going to make a lot of money with the opportunity.

Markets: We Are Going To Have Problems Again

Latest Jim Rogers video interview from his home in Singapore.

Topics discussed:

• a new financial crisis
• Commodities
• Crypto currencies
• Agriculture

"We are going to have problems again, we have always had problems all over the world." - Jim Rogers

I Would Bet That Trump Will Be Reelected

I think it's very hard to dislodge a sitting president in America for many, many reasons. I would suspect that's the same to this time. Now, we got rid of Coolidge, and Hoover. We got rid of Hoover because the market collapsed but we don't have much time for that because the election is only, what, 13-14 months away now. 

If the market really collapses in the next 13 or 14 months, then I would change my view, but there are enough things he can do, which is why it's hard to get rid of sitting presidents. They'll prop things up long enough to get through the election. I would, if I were betting and I'm not a betting man, but if I were, I would bet that Trump will be reelected.

The Problem Is Brussels

It's not the European Union (EU), it's not the currency. It's those unelected, absurd bureaucrats who don't know what they're doing, but they tell you what to do, and you have to do it because you're a citizen. That's the problem!

Today's most interesting read: From Peter Schiff's blog, Capitalism Is Failing In Hollywood.

Equities: What To Buy?

It's hard for me to find places to buy now. I don't own any US stocks, they are near an all-time highs. If I buy anything, it's Russia. I'm buying a Russian stock as we speak. Nothing in China but I always looking in China. These markets are down. 

I prefer to buy low and sell high or trying to buy low and sell high. It's difficult for me to find anything. Venezuela is illegal for me. I'm an American citizen. I'd like to buy in Venezuela, but I don't want to go to jail. I'd rather be poor out of jail, than rich in jail so I'm not buying that. I cannot buy a North Korea, I would love to buy a North Korea but I'm a citizen of the land of the free. We're not very free in the land of the free so it's hard to find things for me these days. I've bought a few shares of Zimbabwe recently.