All Things Jim Rogers » jim rogers gold

Jim Rogers On CNBC January 14, 2010

Admin — Sun, 17 Jan 2010 14:29:39 +0000

Really the first television appearance this decade, Jim Rogers continues to be bullish on commodities. Jim is not doing nothing with oil, but still expects the black gold to go higher over the next decade due to declining reserves around the world. In addition, he still believes in ag commodities but states sugar has gone up rather quickly but yet still about 70% from all time highs. As always, Jim Rogers believes in buying the commodities themselves instead of commodity stocks. Finally, Jim continues to hold gold but would not buy at current levels. One precious metal he would buy is silver or palladium.

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Jim Rogers buys dollar, predicts $2000 gold by 2019

Admin — Thu, 10 Dec 2009 13:30:06 +0000

Jim Rogers buys dollar, predicts $2000 gold by 2019

Bulls & Bears. That’s what Wall Street is all about. But, a true commodity investor is both bullish and bearish, it’s when your a bull or bear that counts. And it appears Jim Rogers has started to be bullish, at least in the short term, on the $USD. This is normal for Jim as he knows a currency or commodity might be a great place to be in the long term, but he knows along the way there will be opportunities to be on the other side of the trade.

Via: Commodity Online

Global investment guru Jim Rogers who has been arguing that the US dollar is collapsing is buying dollar these days? Yes, the commodities investment legend told a conference in New York this week that he has been buying dollar for the past two months with the hope to sell them in the near-rebound.

“Yes, I have been buying US dollar in the last two months betting on the dollar’s near-term rebound,” he told the Reuters Investment 2010 Outlook Summit. But he said there are too many bears in the dollar market.

Jim Rogers, who is now settled in Singapore and who designed the Rogers International Commodity Index (RICI)–a composite, US dollar-based, total return index, pointed out that the global economy is going into a deep mess and the US dollar is collapsing, day by day. “The collapsing US dollar is putting the global economy into a deeper crisis,” he added.

Rogers has been predicting that gold prices are on a bull run, powering the great commodities bull run that will last for the next one decade.

On Wednesday, Rogers also sent an e-mail to Commodity Online, saying that his prediction on gold prices is not properly attributed in the media. In a specific e-mail, Rogers said: “I have never said gold would be US$2000 by 2010. I said within the decade – or by 2019.”

We stand corrected on Jim Rogers’ prediction on gold prices.

Rogers, a commodities investment champion who is bullish on agricultural commodities, has recently argued that gold prices are going up thanks to budget deficits across several countries in the world.

Jim Rogers said:

“Gold’s recent price surge is thanks to budget deficits. “Deficits are going berserk nearly everywhere. Throughout history, printing money has led to weaker currencies and higher prices for real assets.”

“here are many, many pessimists about the dollar, including me. So many pessimists that I suspect there’s a rally coming.”

“I have no idea why there should be, but things do usually rally when you have this many bears at the same time. I’ve actually accumulated a few more dollars.”

There is sense in what Jim Rogers is saying. He should know, as some of his best known books like Adventure Capitalist, Investment Biker, A Bull in China, and Hot Commodities have been eye-opening to the world economy, commodities market and investment ideas.

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Jim Rogers Talks Gold

Admin — Mon, 26 Oct 2009 02:42:10 +0000

With gold making new highs, Jim Rogers seems to get more questions about Gold. What’s a bit more surprising to me is Jim’s comments that Gold is not in a bubble and it still has room to go higher. In typical Jim Rogers fashion, he recommends buying the commodity and not the stock as studies have shown commodity stocks sometimes lag the commodity.

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Profiting In Commodities- Jim Rogers Tech Ticker

Admin — Wed, 14 Oct 2009 00:52:56 +0000

You know those Wall Street bozos who sit behind a desk all day, then go home to a big mansion inside a warm Bentley? Chances are , they don’t shop at the same places we do. Chances are, they don’t go grocery shopping. And of course, chances are they are not feeling the same economic pinch as the rest of us. These two Jim Rogers videos are great because it takes place at the heart of New York City. it feels as if Jim is doing some groundwork as to how EXACTLY the economy is doing.

Jim Rogers Surprised By Economy’s Health

Jim Rogers Commodities

Jim Rogers On Gold

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Jim Rogers On Gold

Admin — Fri, 09 Oct 2009 03:46:15 +0000

Continuing with his appearance with the media, Jim Rogers appeared on Gold. While most blogs and the media will focus on the $2000 price target, its important to emphasize the time frame, which is in the next decade. One thing I have noticed over the past couple of weeks, Jim Rogers is getting a couple more questions thrown his way on Sugar, which is hitting decade long high, but not all time highs.

“I own some cotton,” Rogers said. “I own some sugar,” he said. “Sugar will go much, much higher over the course of the bull market.”

“Oil could reach between $150 and $200 a barrel,” because known reserves of crude are declining, Rogers said. He said international relations, particularly between the U.S. and Iran, will help guide prices.

“Natural gas is very cheap,” he said in the interview between sessions at an ETF Securities Ltd. investor conference.

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Agriculture Will Reap Big Profits: Jim Rogers

Admin — Thu, 08 Oct 2009 04:39:43 +0000

Jim Rogers took it to the floor of the NYSE on Wednesday October 07, 2009 to talk about commodities and gold. Despite the recent run up in commodity prices, Jim Rogers still believes we have room to go and commodities will outperform. I personally found the interview to be of great value and not being inside the studio gave the interview a different vibe.

“The fundamentals get better and better for agriculture. We have a shortage of farmers developing, much less of everything else,” Rogers said in a live interview. “Demand goes up, inventories go down, it’s the perfect storm.”

“Gold is going to go much higher over the next decade or so,” he said. “I’m not selling any gold, I wouldn’t buy it, I don’t like to buy anything at an all time high, but don’t sell your gold, it’s going to be much higher in ten years.”

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Gold prices may go to a bottom: Jim Rogers

Admin — Mon, 04 May 2009 18:22:13 +0000

Via: Commodity Online

Will the International Monetary Fund’s (IMF) decision to sell 403 metric tons of gold drive down gold prices? Yes, gold prices will plunge to $700 or below that if and when IMF really sells its gold reserves, says legendary global commodities investor Jim Rogers.

”The fact is that IMF is trying to get permission from everybody to sell gold. I don’t know it will succeed or not. But if and when IMF sells its gold, gold prices may go to a bottom. Who knows? It may go down to US$700. IMF has got a lot of gold to sell. If it does, I hope I’m brave enough and smart enough to buy more,” Rogers told Bloomberg Radio in an interview.

Rogers launched the Rogers International Commodity Index in 1998. The index is a composite, US dollar-based, total return index, designed to meet the need for consistent investing in a broad based international vehicle. The Index represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy to metal products.

Rogers who is hot on China has been investing heavily into Chinese investment and agricultural funds in the last year. According to Rogers, three billion people living in Asia, most of them in India and China, will account for a major portion of the total demand for commodities in the coming years.

Rogers, author of such famous books like Hot Commodities and A Bull in China, recently launched an agricultural commodities index focused on food consumption in China. In an interview to Commodity Online Rogers said recently: “China is a fascinating place to invest in. China is on the rise, like America 100 years ago, and the problems the Asian giant is encountering right now in certain, mainly export-driven, sectors of its economy will not alter the country’s long-term trajectory. “

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