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%.

Wednesday, May 29, 2013

Jim Rogers Crude Oil Outlook : known-reserves of oil continue to decline


 ET Now: How would you look at crude prices, especially with high shale production in the US and with OPEC and non-OPEC output expected to remain higher?

Jim Rogers: We have a slowdown in demand. As we discussed before, whenever you have a slowdown in demand, that causes problem and there is increased production in some places. Shale oil in the US has been increasing, but most of the oil fields are in decline. So it is somewhat of a balance. I would suspect it is a surprise to be how high the oil stays and how high it eventually goes if Spain certainly goes bankrupt. So there is some big surprise. Of course everything is going to go down, but if something like that happens, I urge you to buy all the oil you can because known-reserves of oil continue to decline.


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%.

Jim Rogers Gold & Silver Prices Prediction for 2013 , 2014


 ET Now: Where do you see silver and gold prices trading by the end of the year and would you advise long term investors that they should currently put money to work into gold and silver?

Jim Rogers: I do not know where gold would be at the end of the year. I am not buying gold, not selling any of my gold. If gold goes down low enough, I hope I am smart enough to buy more and silver as well.



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%.

Jim Rogers : with Gold ETFs one does not have to pay those absurd premiums to get Gold these days


 ET Now: So while on paper gold has been getting sold, the physical buying has picked up from the US to India now. Asian markets have paid premiums to acquire bullion in the past month. What do you read in the print?

Jim Rogers: That is not quite exactly true because gold ETFs have had big redemptions and people have been getting out of physical gold. Yes, the shops claim to be packed and some of them are and you talk about a premium, but that is because the shopkeepers would not lower the price. The shopkeepers are stuck with high-price gold and they would not sell it. But fortunately for them, people come in and pay absurd premiums. However, one does not have to pay those premiums to get gold these days.


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%.

Jim Rogers : Gold Price Correction likely to continue; may touch a new bottom

 Jim Rogers: A correction in precious metals was long overdue, which I have discussed with you and others many times. Gold was up 12 years in a row, which is extremely unusual for any asset. I don't know about any asset in history which was moving up for 12 years without a declining year. So gold was overdue for a correction. Normally things correct 30-40% every year or two. So, the anomaly in gold was the price action for 12 years. Now hopefully we are having a long overdue and necessary correction. It may take a bit longer for gold to make a new bottom or sound bottom, and then the bull market will continue.- in ET Now


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%.

Jim Rogers : Gold price correction was long overdue , Not Buying or Selling Gold Right Now

Gold price correction was long overdue and I am not buying or selling the precious metal right now, said Jim Rogers, Chairman of Rogers Holdings. "I will buy gold if prices come down," Rogers told ET Now. According to Rogers, investors are now getting out of physical gold. "I suggest buying into crude if prices fall sharply," Rogers said. Within the commodity space, Rogers is bullish on nickel, lead in base metals. - in ET Now

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%.

Jim Rogers Honorary Chairman at FAB Universal’s Digital Media Financial Summit

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital entertainment, today announced that international financier and Quantum Fund co-founder, Jim Rogers, was named Honorary Chairman of the Fourth International Digital Entertainment Industry Investment and Finance Summit recently produced and hosted by FAB Universal at the Shenzhen Convention and Exhibition Center. Additionally, Mr. Rogers signed a Memorandum of Understanding outlining a potential investment in FAB Universal. More than 200 FAB Universal kiosk Agents and Licensees from several cities attended the event and nearly 50 new Licensees were signed during the two day Summit. With the theme of Entertainment China, Digital City, the Summit brought together more than 800 top industry executives including Yan Xiaohong, Deputy Director of the State Administration of Press, Publication, Radio, Film and TV. - in pymnts.com

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%.

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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