The U.S. Dollar can even turn into a bubble down the road, especially if interest rates are going higher and higher. A lot of capital will be attracted to the United States. If it does turn into a bubble, I hope I am smart enough to sell my U.S. dollars. Where will I put my money then? I have no idea.
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.
Monday, March 23, 2015
Friday, March 20, 2015
The U.S. Dollar Is My Largest Position In Currencies
If the U.S. raises rates or the market forces the U.S. to raise rates, it is going to attract more money to the United States, rightly or wrongly.
The reason I own U.S. dollars, it is actually my largest position in currencies, and that is because there will be more turmoil coming in the world, we just talked about Greece but there is more turmoil coming down the road and in times of turmoil many people flee to what they see as a safe haven.
Rightly or wrongly, many people see the U.S. Dollar as a safe haven. It is not a safe haven it is a terribly flawed and troubled currency but since people think it is, that is where they will go.
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 I own U.S. dollars, it is actually my largest position in currencies, and that is because there will be more turmoil coming in the world, we just talked about Greece but there is more turmoil coming down the road and in times of turmoil many people flee to what they see as a safe haven.
Rightly or wrongly, many people see the U.S. Dollar as a safe haven. It is not a safe haven it is a terribly flawed and troubled currency but since people think it is, that is where they will go.
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.
Thursday, March 19, 2015
Greece Cannot Pay Its Debt
Greece cannot fulfill its obligations, it is physically impossible. It is like the United States. The United States can never pay its debt. I mean, there are various ways to pay your debt, you can print money and make your debt worthless. That is what Russia did when the Soviet Union collapsed. There are many ways to pay your debt.
My advice is to Greece go bankrupt, declare bankruptcy and their creditors take the haircuts. I would stay in the European Union if I were Greece but they may get thrown out if something like that happens. Greece cannot pay its debt. This is a charade.
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 advice is to Greece go bankrupt, declare bankruptcy and their creditors take the haircuts. I would stay in the European Union if I were Greece but they may get thrown out if something like that happens. Greece cannot pay its debt. This is a charade.
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.
Tuesday, March 17, 2015
Investing: How To Capitalize
The way you do succeed at anything is you look at a desperate situation, especially when it is cheap, or it is repressive and it is opening up. It is hard to do, it is like a stock that is cheap, nobody wants it but it is the best way to capitalize.
If you look at Asia for instance, 50 years ago, South Korea, Taiwan, Singapore, Japan, all were very, very repressive and now they are all vibrant, successful democracies.
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.
If you look at Asia for instance, 50 years ago, South Korea, Taiwan, Singapore, Japan, all were very, very repressive and now they are all vibrant, successful democracies.
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.
Monday, March 16, 2015
European QE: Stock Markets Are Going To Go Higher
They are going to say it is a success wether it is or not. Just like in the United States, just like in Japan. They will measure the success because the stock markets are going to higher, stocks are going to go higher. And they will say therefore things are better in Europe.
The way you measure success is, you ask on the street, "Is your life better or not?". And most of them a year from now will be complaining because the cost of living is going to go up a lot in Europe and nobody likes inflation, very few people like inflation.
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 way you measure success is, you ask on the street, "Is your life better or not?". And most of them a year from now will be complaining because the cost of living is going to go up a lot in Europe and nobody likes inflation, very few people like inflation.
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.
Friday, March 13, 2015
European QE: Bullish For European Stocks
It is largely sentimental, it will help the banking system, it will help the investment class, it will help me. I own European stocks and I bought more because of all this. But its not good for the European Economy, it is going to debase the currency, the currency is going to go down more. Exporters will do better, that is part of what he is trying to do. But the cost of living in Europe is going to go through the roof because the currency is going down.
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.
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.
Draghi Is Shooting Himself In The Foot
Mr. Draghi is shooting himself in the foot. He is debasing the currency, the currency went down more today, he is increasing the debt. This is not good for Europe, it is not good for the world.
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.
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.
Subscribe to:
Posts (Atom)