For the majority of his career, Jim Rogers has had both long and short positions. As of this interview, this is one of the few times Jim Rogers does not have a short position. Among the reasons for Jim not having any shorts is a possible currency crisis and thus should avoid shorting the market. The last time Jim had no shorts was the market crash of 1987. Among other things Jim Rogers continues to be “wildly” bullish on China, “wildly” bullish on commodities. Specifically, Jim likes Silver over Gold, Natural Gas and Cotton.
“I’m afraid they’re printing so much money that stocks could go to 20,000 or 30,000″ -Jim Rogers
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June 5th, 2009 at 2:14 pm
This was a great series of videos. It should be required viewing for every US citizen before being allowed to vote. While there was a lot of disagreement among the guests, everyone seems to agree we will be facing very high inflation. They do disagree on timing rather drastically.
The President. Geithner, Bernanke and all of Congress should watch these videos…..two or three times.
June 5th, 2009 at 2:27 pm
Great posts Pete,
I watched these videos 3 times and will be watching them a couple times today. For some reason , every time Jim goes on CNBC he brings his “A’ game and thus everything possible to expose CNBC’s guests and commentators .
Great videos
June 5th, 2009 at 5:17 pm
Don’t miss this four part video with Jim Rogers.
An idiot comes on trying to promote the Treasuries.
If this were a fight, they would have stooped it in the first round.
June 5th, 2009 at 9:15 pm
Great stuff. Jimmy Rogers is great. I respect Angela Merkel’s comments a lot too. She and Sheila Bair are the only ones in the public sector speaking plainly right now.
In Merkel’s case, I think it’s because the Germans still have a deeply ingrained fear of hyperinflation, thanks to the Weimar republic. They know where the road of “Quantitative Easing” leads, and it ends in wheelbarrows full of money for a loaf of bread and the impoverishment of a nation.
Should be a warning to us all.
June 5th, 2009 at 10:28 pm
We have two major scenarios out from this point:
1. Deadly decease with War to follow, when everybody is grateful just to be alive, ready to bring to the altar of “Common Good” all their Freedoms and we have a Fall of Rome for a couple of centuries. It is called fascism, we had it before – we can have it again. We do not know what to do in this case.
2. Universe will give us all a chance and Masters will not chose to spin us into the first option because of…..(you can add any positive thoughts here)
http://sufiy.blogspot.com/2009/05/lithium-and-rare-earth-elements-new.html
June 5th, 2009 at 10:38 pm
most of the germans have no idea what quantitative easing IS.
and merkel has a long history of saying on thing and doing the other. she was against stimulus packages before she introduced a large one, she was against “cash for clunkers” before they did just that, she was for a flat tax system before they did the largest tax increase in one year ever.