U.S. Economy: Trade Wars, Lack Of Competitiveness

Trade wars have never worked for anybody, they've always led to problems for everybody so it doesn't matter if he's right if he's gonna ruin us all. Yes, maybe we have problems but the problems are not because the Asians are evil. We have a horrible education system, we have a horrible litigation system. We spend more on medicine than anybody in the world by several factors but our life expectancy is not even the top 25. We have more basic problems than a bunch of evil Asians.

Markets: Washington Is The Big Risk Right Now

Washington DC's the greatest risk. The central bank  (the Federal Reserve) has no clue what it's doing and the others are following it. The government has no clue what it's doing... Trade wars. Do you think trade wars are good for anybody? History shows they're not so. Washington is the big risk right now.

If You Want To Get Rich You Don't Diversify

If you want to get rich you don't diversify. You put all your eggs in one basket and then you watch the basket very carefully. You got to make sure it's the right basket or you will go bankrupt but that's how you get rich. Henry Ford never diversified, Bill Gates never diversified.

The US Dollar Is Going To Lose Its Position As The World’s Reserve Currency

In the next few years, the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.

Podcast: Emerging Markets & Geopolitics

Listen to the latest Jim Rogers podcast here:

EP36: JIM ROGERS – LEGENDARY INVESTOR SHARES HIS OPINIONS ON NORTH KOREA, CHINA, MANDARIN AND THE CURRENT STATE OF EDUCATION

Jim talked about the prospects of a new bear market in stocks, what North Korea will look like in 20 years and also what can we expect from China going forward. Another topics included the current state of asian education and some of Jim’s secrets to successful investing.

Commodities: "Get Yourself Some Sugar"

Jim Rogers was recently interviewed by Daily Wealth's Steve Sjuggerud and they talked commodities. You can read the interview here: Jim Rogers' Favorite Commodity Now

Technology Stocks Are Overpriced

The Chinese technology stocks skyrocketed. Now they're having a reaction. They should have a reaction. Even American technology have reactions. They've got very, very overpriced. I wouldn't buy them, I would never buy them but I certainly wouldn't buy them now even in the reactions.