Gold had a huge abnormal run for 12 years in a row and it brought in a lot of people who were mystics almost, who were true believers in gold and until all of those people get washed out, I am afraid gold cannot make a bottom.
Trading Tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF(NYSE:GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)
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.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, July 28, 2015
Thursday, July 23, 2015
Podcast: I Don`t Have Much Use For Money
Jim Rogers talks about his current life habits and what he enjoys doing the most.
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.
Wednesday, July 22, 2015
Oil Prices Going Down Will Remove A Lot Of Supply
Crude Oil: With prices going down a lot of supply will go out of the market.
Tickers: Exxon Mobil (XOM), Marathon Oil (MRO), Halliburton (HAL), Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil 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.
Crude Oil: Retesting The Lows
Crude Oil is probably going to retest the lows.
Trading tickers: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE)
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, July 21, 2015
Iran`s Impact On Oil Prices
Iran has been selling oil, they may sell more now but do not think Iran has not been selling oil. There are plenty of people who would buy it, certainly plenty of people in Asia.
So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.
Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), Nymex Crude Oil 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.
So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.
Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), Nymex Crude Oil 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.
Monday, July 20, 2015
Nuclear Deal: It Will Lead To A Test Of The Lows In Oil
Usually when you have a big collapse in anything, it hits a bottom and then there is a big rebound, in America we call it a dead cat bounce, and then you have a second test of the lows. This is going to lead to a second test of the low. There is always a reason for a second test and now we are having it.
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.
Saturday, July 18, 2015
Is Crude Oil Going To Stay Down Forever?
Is Oil going to stay down forever? No.
Remember, the known reserves around the world are in decline, except for fracking.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO)
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.
Remember, the known reserves around the world are in decline, except for fracking.
Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO)
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.
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