Being A Contrarian, Buying Panic

Almost every time you buy panic you are going to do okay, as a trader or as an investor. It might be even better for the trader because you can just jump in and buy and then when the rally finally comes, it can be in the next trading session or in the next month, a trader sells.

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.

We Are Going To Have A Recession

There are problems facing the world. Of course we are going to have a recession. It is not unusual. We`ve had them every 4 to 7 years since the beginning of the Republic. There is nothing unusual about that. That is the way the world has always worked. 

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.

Central Banks Are Losing Their Power, Huge Problems Ahead

Central Banks are losing their power. No matter where in the world you look, most of them have done all that they could and they are now losing their power and their credibility. Thank goodness.

The Central Banks we have now are disastrous. America has had three central banks, the first two disappeared, fortunately this one is going to disappear too because these guys are total imbeciles and they do not know what they are doing. They make mistake after mistake, after mistake, after mistake and eventually there is going to be a huge reaction, huge problems in the markets and the people are going to say, get rid of the central bank.

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.

Gold: What The Commitments of Traders (COT) Report Shows

The Commitments of Traders (COT) report shows that gold speculators own records amounts of gold ant that is why I am not buying gold right now. A number like this is usually a contrarian indicator. 

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: Donald Trump, Gold

If Donald Trump wins the upcoming election and he really does what he says he is going, things like trade wars then it is bad news for the world. The problem is that trade wars always lead to bankruptcy and often led to war. If this happens you would be better off owning a lot of gold.

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: Don`t Believe In Propaganda, Don`t Listen To The Media

I have always tried to look at the world as it is not as I am told by propaganda and the media and other people. I try to teach my children, do not listen to anybody, look at everything and decide for yourself. I have been doing that for a long time.

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 : Supply Is Down, Prices Will Go Up Again

Russia wants to cut oil production but I would not do that. I would let the market sort it out.

It may take some time but the reality is that the high cost producers (framers, deep water drilling, oil sands) are stopping exploration and going out of business.

Prices are forcing the high cost explorations to stop operating and what this means is that eventually there will be no oil supply, and the price goes up again. (Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), Exxon Mobil (XOM), 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.

Markets: A Serious Crisis Coming

Investors should be worried because there is going to be a serious crisis in the next couple of years, we all are going to pay a huge price for the money printing coming out of Federal Reserve and other central banks like the European Central Bank (ECB) or the Bank of Japan (BoJ)

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.

Currencies: Bullish On The Russian Ruble (RUB)

The Russian Ruble (RUB) has hit bottom as far as I am concerned and crude oil is making a complicated bottom. I would rather buy the Russian Ruble (RUB) than just about any currency right 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.

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.