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.

I Will Not Have Money In Japan A Few Years From Now

I am not going to have money invested in Japan a few years from now unless something dramatically changes.

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 Reasons I Own The Yen

I have got some money in the Yen and the reason by the way, is that they passed a law recently giving incentives for the Japanese to bring money back into Japan.

I don`t know if it will work or  not, America did that a few years ago as you may remember and huge amounts of money came back to the United States. So that is why I own the Yen.

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.