Crude Oil Will Probably Retest The Lows

The way markets work, usually, when something has a big collapse, there is a dead cat bounce, there is a big bounce for whatever reason and then a few weeks or months later the market tests the lows. So, I would suspect that there will be a test of the lows sometime in the next few weeks or months but the lows will hold.

Trading instruments: Nymex Crude Oil Futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (COM)

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.

Investing Podcast: Stock Market, Japan, Gold & Economic Outlook

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: The Way The Markets Work

Gold has not had a 50 percent correction in many, many years. That is unusual because most things have 50 percent corrections every 3, 4 or 5 years. It is just the way markets work. But Gold has not.

Related ETF: SPDR Gold Trust ETF (GLD)

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.

China & Gold

In China it was almost impossible to buy gold 15 years ago, even 10 years ago. Now there are gold shops everywhere in China.

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.

Expecting Major Problems In The World Financial Markets

In the next year or two we are going to see some kind of major, major longer term problems in the world financial market. The next stock correction will cause central bankers to panic, that may happen in the next few weeks or months, and then we will have the galloping to the rescue, the save us all, that turns into a big rally.

Certainly by 2016 there is going to come a time where there is not much the Central Banks can do, when they have lost all credibility, the Governments have lost all credibility. They will print, and spend and borrow but there`s comes the time when people are going to say: We don`t want to play this game anymore.

And at that point is when the world has a serious, serious problem.

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.

U.S. Stock Market: The Next Market Correction

What I suspect it will happen in the U.S. stock market is, it is going to have some kind of correction somewhere along the line for whatever reason and then everybody will call up Washington and say, "Oh my God! You have to save us, civilization is at risk. You will ruin your reputation and our work."

The bureaucrats and politicians that are not terribly smart, they will panic and they will come to the rescue. I do not know what they will do, they will do something to calm everybody down and I suspect the market will turn around and have another big rally.

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.

Japan: Stock Market Outlook

I am still long Japan, I would like to buy more if I find the right opportunity, the right thing. I think that Japan is going to turn into a bubble again. It has been 25 years since they had a bubble in Japan, so maybe they are overdue.

Prime Minister Abe and the head of the Central Bank seem determined to do whatever it takes to drive things higher. They said they will print, in their words, unlimited amounts of money, so I am afraid it will turn into a bubble but in any case, I am still buying.

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.