Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Sunday, March 6, 2011

Jim Rogers : I am shorting Emerging Markets and the NASDAQ

Mar. 4 2011 : Jim Rogers sounds The Inflation Alarm .  Jim Rogers : " of course Larry he (Ben Bernanke) has never been right about anything I do not know what you pay any attention to him anymore except as a contrarian indicator , go back and look at his record in the past seven years in Washington , he has never ever been right about anything and he is dead wrong this time " "...I own commodities because commodities are the best place to be , commodities are up 10 000 times better than stocks over the past decade , they continue to do will , and Larry they continue to be the best place to put your money , either that or foreign currencies ..."
"well first of oil if you own oil and it goes up a hundred dollars you profited mightily ...but Larry they will then print more money , all Bernanke knows to do is print money it's the wrong thing to do but the dollar will continue to go down ..you have to protect yourself , you protect yourself with silver or rice or natural gas or something , you gotta own real assets "
"...well of course it will Larry but remember supply is going down too , that was to suppress demand but supply of everything is going down , we're running out of agricultural products , the world is running out of known reserves of oil supply is going down too , now of course there will be corrections along the way there always are ..but still commodities are the best place to be , and Larry on the scenario things get worse , you're gonna make any money on stocks your only hope is commodities or foreign currencies "
"I am short NASDAQ type technology stock and I am short emerging markets those are the two areas of the world stock market which have been over exploited in the last two to three years , I got to have a hedge so I am shorting emerging markets and the NASDAQ "
Tha above transcript was done manually by the owner of this blog and hence it is far from being accurate

Mar. 4 2011 |Weighing in on inflation and how investors can turn some of this pain into profit, with  famed investor Jim Rogers, Rogers Holding chairman.

Jim Rogers : The only asset bubble I see potentially in China is in urban coastal real estate

Jim Rogers : Well, the only asset bubble I see potentially in China is in urban coastal real estate, but real estate is not nearly the entire Chinese economy as it was in America and the U.K. Sure, they will have setbacks.
Justin, in the 19th Century, America had a horrible civil war. We had 15 depressions with a 'D.' We had very few human rights. We had massacres in the streets regularly. We had very little rule of law. You could buy and sell - you can still buy and sell congressmen in America, but in those days they were cheap. America had horrible problems, but they came out of that and had a pretty good 20th Century.
in www.bbc.co.uk
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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