Jim Rogers: "I Am Shorting Stocks In The United States"

People should only invest in what they know about. You should not listen to me or somebody else. If I say to buy "X" and you do not know anything about "X", do not think about investing in "X". Stay with what you know.

I am shorting stocks in the United States, I am short junk bonds, I am long China, I own some Russian shares, I own agricultural commodities. I own some gold and silver but I am not buying them right now. These are some things I am doing now.

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: Some Sectors With A Magnificent Future

Some things that I see in the future that are great?

- I am bullish on Agriculture.

- China is a very polluted nation. Anybody that can clean up China is going to make a fortune.

- Asian Tourism has a huge future because there are so many Asians now that are able to travel.

 Those are some of the industries of the world that have a magnificent future.

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.

Negative Rates Are A Disaster

Negative interest rates are a disaster. These guys (Central Bankers) are ruining the people who save and invest. Everybody reading this, their parents taught them to save money and invest for the future and you will come out O.K. - Well many people do that but they are being wiped out because they are owning no return on their money. It is a disaster.

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. Debt: There Is No Way America Can Meet Its Obligations

There is no way America can meet its obligations. America is the largest debtor in the history of the world and the debt is going up daily. Wether we are talking about Pension Plan, or medical care or just interest on the debt, you name it. Our debts keep going higher and higher. Do the math, I do not want to sound like a fear mongerer or something, just do the arithmetic, you can add this as easily as I can.

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: A Great Growth Industry

One of the great growth industries of our time is going to be Chinese tourism. (iShares FTSE/Xinhua China 25 Index ETF (FXI), China Airlines Ltd.(TPE:2610), Chinese Maritime Transport Ltd
(TPE:2612))

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.

Oil Stocks: Many Companies Cannot Make Money Right Now

The American frackers cannot make money right now nor the people in deep drilling or the the Canadian oil sands. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO))

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.

Forex: Buy The Russian Ruble

Buy the Russian Ruble (RUB). The Russian Ruble (RUB) has hit a major low as far as I am concerned. Full disclosure, I own the Russian Ruble (RUB). (Market Vector Russia ETF Trust (RSX), 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.