All Things Jim Rogers » Misc.

Investing in Emerging Market Currencies May Be Prudent for Long Term

Admin — Wed, 16 Feb 2011 15:00:13 +0000

The so-called train may have left the station a decade ago, but investors that missed that ride are still clamoring to invest in emerging market economies because, put quite simply, that is where the growth is. Every CEO has confirmed this fact during their quarterly earning conference calls for the past year. Resources must be devoted to developing Asian markets and their prospering middle-class consumers, while domestic hiring plans are put on hold.

If investing in these markets is prudent, then it may also be wise to invest in the native currencies for the long term. Many of these currencies have been “pegged” to the U.S. Dollar or a basket of currencies, and therefore, a common forex trading platform cannot easily aid in the purchase of them, but over time, government officials will have to let these currencies float, if only to quell inflationary pressures at home.

The “Yuan”, or “Renmenbi” as it is often called, is China’s national currency. Backed by foreign exchange reserves in excess of $2.4 trillion and an industrial growth curve that will make China the world’s economic leader by 2020, the value of this currency can only go up. Buying it is difficult, as with other emerging market currencies, but there are ETFs that have been created just for this purpose.

The “CEW” is but one of the many new offerings in the past few years to facilitate owning emerging market currencies on a diversified basis. The chart above indicates an upward trend for all of last year, and the technical indicator on the bottom of the chart, the “Slow Stochastic”, has consistently signaled appropriate overbought and oversold conditions for those favoring a trader’s mentality.

Economists project emerging market growth trends to continue to 2030. Currencies will follow.

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Jim Rogers: Ben Bernanke a “Disaster” Bloomberg November 2010

Admin — Fri, 12 Nov 2010 13:48:46 +0000

Jim Rogers has been saying Ben Bernanke doesn’t know what he is doing!!! Finally people are catching up.

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Jim Rogers:Dan MangruReport May 16, 2010

Admin — Mon, 17 May 2010 14:43:00 +0000

Below is part of the Jim Rogers interview on the Mangru Report. We will post the other parts as they become available.

Jim Rogers:Dan Mangru Report May 16, 2010

Greece itself is a small player in the global economy but might drive down other countries
Investors are flocking to the $USD for the simple fact they have no other place to go to, not because it is a sound currency
If America and Europe suffer, the rest of the world will suffer
Our bear market is not over
Money will be made in real assets
The problem is not regulation, it’s the regulators

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Jim Rogers On CNBC December 10,2009

Admin — Fri, 11 Dec 2009 20:16:58 +0000

Jim Rogers On CNBC December 10,2009

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Sri Lanka To Offer Better Returns

Admin — Wed, 12 Aug 2009 23:25:53 +0000

2009 might very well be the year Jim Rogers fell in love with Sri Lanka.

“When you spend a lot of money on bullets, you don’t get much return,” Rogers, chairman of Rogers Holdings, said in a phone interview yesterday. “If governments can spend money on infrastructure and developing productive assets, then Sri Lanka’s strengths will become even stronger given that the war is over.”-Jim Rogers

Click here for the complete Bloomberg article

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Jim Rogers Bloomberg Interview July 22,2009

Admin — Wed, 22 Jul 2009 19:57:11 +0000

Grab a pen and paper as this one is going to be a long one and there is plenty to talk about. In his latest interview with Bloomberg, Jim Rogers covers multiple subjects which include: Bernanke’s performance, U.S. debt, inflation, commodities, yen, Swiss francs, China, Treasuries, Japan, yen; dollar, pound and much more. Jim Rogers also continues to not have any shorts.

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America Now Owns The Car Industry-Jim Rogers

Admin — Sun, 19 Jul 2009 20:38:20 +0000

Jim Rogers believes the government’s economic policy of intervening with companies verges on communism. Also, Jim Rogers reminds everyone that printing money has never been a solution to a crisis. Below are Jim’s comments on the government’s involvement in several industries:

“America now owns the car industry. America owns the mortgage industry. America owns a lot of the insurance industry. Karl Marx must be somewhere standing up in his grave cheering. And why is that? America has become a socialist and maybe even communist nation in many ways,” Rogers said.“Printing money has been tried many times throughout history in many countries,” he said. “It has never worked in the long term; it has never worked in the medium-term. Occasionally, it has worked in the short term.”

Click here for the complete article

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Jim Rogers- Commidities Are Sizzlin July 2009

Admin — Tue, 14 Jul 2009 23:53:17 +0000

Jim Rogers continues to be bullish on commodities despite the recent correction. The following is an expert from the Jim Rogers Economic Times interview followed by a link to the original URL. Date of the interview is July 14,2009.

The commodities rally seems to have paused. The Rogers International Commodity Index has come off 13% since June 12. This pullback, essentially as I can see, is because of tin, energy and silver even as some of those agri commodities like orange juice, sugar and cotton have done well. What are your expectations going forward for commodities?

That’s the way I know you know about commodities. You read The Economic Times and your ET TV. So, you know that the markets always have corrections whether they are going up or down. Nothing goes straight up or down forever. So, it’s having a normal correction. In my view, the best place to be is in real assets commodities, because if the world is going to recover, they (commodities
) will recover first because of the shortages and if the world economy is not going to recover, they are still the best place to be, because governments around the world are printing huge amounts of money. So, if you got to own something, I don’t much to own besides commodities.

In India, we are getting worried about the monsoon. We are looking out of our windows and not finding any clouds, and there is also talk about El Nino weather formation. Is this something you would advise investors to keep an eye on?

Of course, I would. The world’s inventories of food are at the lowest they have been in decades. We haven’t have had any serious weather problems around the world for several decades as a matter of fact. So, with fairly good weather, we have been having bad harvest or we have been consuming more than we have been producing. Can you imagine what’s going to happen to the price of agriculture if we have bad weather around the world?

Click here for the complete Jim Rogers Economic Times interview

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Jim Rogers King World News Interview July 10 2009

Admin — Tue, 14 Jul 2009 22:59:32 +0000

Below is the Jim Rogers King World News Interview from July 10,2009. The video is broken up into three parts.

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Jim Rogers Gold Seek Radio June 2009

Admin — Tue, 07 Jul 2009 16:43:15 +0000

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