Global Markets: "I Am Worried About The World"

I am worried about the world in 2016 and in 2017. You have to remember, Japan which is the third largest economy in the world is in recession, officially in a recession, and many parts of Europe as you well know, there is a disaster going on in Europe.

The world economy is suffering in a lot of places and for people to blame all this on China... China is a victim more than a cause going forward. The real cause of course is the American central bank and the American government running up debt but China is a victim like everybody else.

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: Better To Watch Than To Own

I love India, it is a wonderful place to visit as I have said many times, I love Indians but I do not own stocks everywhere, I do not own stocks in Japan, I do not own stocks in Germany, there are a lot of countries where I do not own stocks that even have better fundamentals than India. But my view is, this is a time to be watching rather than owning.

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: "I Am Short These Stocks"

The greed is in the American markets that I have talked about before. Amazon (AMZN), Netflix (NFLX), those stocks never go down, those stocks are selling at staggering highs. In fact last year nearly all stocks in America were down but the average is only down 3 or 4 percent and that is because these 5 or 6 large companies never went down. So that is clearly greed, I am short those stocks but that does not mean that I am going to be right. I am short these stocks and there is where I see the most greed in 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.

Some Parts Of The Chinese Economy Are Going To Do Well

Some parts of the Chinese economy are going to do well no matter what happens to the world. If you are in pollution clean up in China you will not even know if America and Europe disappear as you are too busy cleaning up China. China is philty right now.

Some parts of the Chinese are going to do extremely well no matter what happens and that is true for India, that is true of all 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.

In A Serious Panic, Crude Oil May Hit 20 Dollars

As you know, normally when prices go up, they go up too high and turns into bubbles and hysteria and when they go down, panic and fear sets in and markets overreact to the downside.

It looks to me that we are going to have an overreaction in many markets on the downside. How low can Crude Oil go? I think I have said 32 dollars a barrel last time. But who knows? If the kind of panic that we see now sets in, you pick the bottom. I do not know. I am not smart enough. People talk about 20 dollars a barrel. Why not in a serious panic? That is not my prediction but it is what some people are saying and in a serious panic everything overshoots on the downside.

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: Everything Is Going To Get Smashed

It seems to be that now we are in a period where everything is going to get smashed. I have been around long enough to know that periodically we have everything going down, it does not matter if it is good or bad, everyone just throws everything out of the window because they are in a panic. It seems to me that we are in that kind of period now. These periods are not fun, many people get hurt, including me.

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: My Shorts Positions Are Bigger Than My Longs

China is overdue for a serious correction in the markets. China has not had a recession for many years and that is very unusual. I own China but I have shorted other things as hedges against it. And by the way, my shorts are bigger than my longs, so its not a 1 for 1 kind of thing.

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.