Markets: Brexit, Global Recession, Next Crisis

The world is already in recession. Parts of Europe, parts of America are in recession and Brexit is just going to make it worse. Everybody should be concerned because the next recession, the next problem will be worse than 2008 because now we have a lot more debt. When you have bear markets something always come along to make it worse. You should be very worried.

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 Does Not Take Me Too Much Time

I have to invest my money and that is what I do but it does not take me too much time. Actually, I have an office in Singapore but I have never been to my office because I have an office at home. In reality these days if you are an investor you need nothing but a computer.

I do not trade very much and that is why brokerage firms do not like me. I am not very active, I do not buy and sell often as I may hold positions for years.

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.

Emerging Markets: India Got Rid Of The Least Bad Central Banker In The World

It is certainly more than an administrative exit. He was one of the best people in India as far as the government is concerned, the least bad central banker in the world but they got rid of him.

As I said before many times to the Indian press, Mr. Modi is more talk than action, he is not really trying to change India, he is trying to make himself Prime Minister for a long time. this is just another sign that Mr. Modi is not going to change India, he is just going to talk. (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI))

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.

Trump Could Well Be The Next President

I have no idea who is going to win. I usually do by this stage. It looks it could well be Donald Trump. who might win. I assure you one thing, I never voted for a winner in the U.S. and I am very proud to say that. It might well be Donald Trump who wins but it does not really matter who wins because we are going to have hard times wether he wins or not.

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.

Emerging Markets: Kazakhstan, Nigeria, Iran and Venezuela

Emerging Markets are very different, I am optimistic about Kazakhstan, Nigeria in Africa, Iran and North Korea. Also Venezuela will be a buy soon. I have started buying in Zimbabwe in a small way. (iShares MSCI Emerging Markets Index ETF (EEM))

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.

Not Buying Precious Metals Until They Break Lower

 I am not buying precious metals (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)) until there is another break lower in prices.

Related stocks and ETFs: Market Vectors Gold Miners ETF (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.

Brexit Will Hurt Markets

Brexit will hurt all financial markets because then other politicians may play the card too and the turmoil will worsen. The world already faces many problems as it is and this will just make things worse. (GBPUSD, British Pound, FTSE 100 Index)

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.