Seeking Alpha

Rogers: Gold and oil headed far higher, EM far lower

Comments (14)
  • So true. About every 10-15 years the America likes to get involved in some war.

     

    Look it up. It really is about every 10-15 years on average. We are due..
    29 Aug 2013, 08:16 AM Reply Like
  • We just got out of TWO wars. I'd say we're due for a rest.
    29 Aug 2013, 12:34 PM Reply Like
  • What a depressing interview with Jim Rogers. I don't see how you can be a successful investor with those opinions.
    29 Aug 2013, 08:18 AM Reply Like
  • It's called The Quantum Fund. You can Google it.
    29 Aug 2013, 08:35 AM Reply Like
  • To be successful it doesnt matter if you are positive or negative, you just need to be right. OR you can look at it this way....i am positive this market will go down. I dont know if Chanos is an optimist or a pessimist, but he's made some serious coin betting against certain companies.
    29 Aug 2013, 08:40 AM Reply Like
  • This just means emerging markets are due to go up. Just do the opposite of whatever Rogers says and you'll make money.

     

    Ps: his actions in the Quantum Fund tend not to match his public statements.
    29 Aug 2013, 08:39 AM Reply Like
  • Are you suggesting Jim Rogers is not currently investing in a manner consistent with his public statements? That will be quite an interesting future story if his present warnings and analysis turn out to be accurate. Of course, as The Shadow used to say every week: "Who knows what evil lurks in the hearts of men".
    29 Aug 2013, 08:53 AM Reply Like
  • Rising rates are not good for EMs. When CB's brought their rates growing economies of EM's went to town in debt markets. If you look at the correlation on a chart going back to 06 between the S&P and EM's its almost perfect
    29 Aug 2013, 09:38 AM Reply Like
  • Rogers tends to speak in superlatives and change his mind very often, so I wouldn't pay a lot of attention to this. Remember that he was also telling anyone who would listen to buy gold from September 2011 to now, even as the price consistently plunged for nearly 2 years.
    29 Aug 2013, 09:56 AM Reply Like
  • I don't think he has changed his mind on gold yet, but if you think he might, now that would be big news. Keep us posted.
    29 Aug 2013, 10:42 AM Reply Like
  • Actually his history is very good if you bother to look back more than the very short term, and his analysis is spot on in this case. This is going to get very ugly.
    29 Aug 2013, 12:11 PM Reply Like
  • Rogers makes a lot of statements and he is usually wrong or changes his mind to match the reality. He was a big commodities bull, especially ag commodities, just before they all tanked.
    29 Aug 2013, 12:14 PM Reply Like
  • I am not sure how solid of Jim's statement. He lives in Singapore. If he knew what is going on in that area as his following comments, he should short all southeast Asia fund/etf this year.

     

    "All of these countries have been financing huge trade deficits with the West's "artificial free money," and will suffer as that day ends. The real declines haven't even started, says Rogers, looking for something in the 40-80% range."
    29 Aug 2013, 01:39 PM Reply Like
  • Eileenxli, Jim is speaking about Asian EMERGING MARKETS + Turkey.
    Is Singapore under this classification ?

     

    NO.

     

    Singapore is a TOP grown up market, not living on smoke, OK ?

     

    Thank you for reading.

     

    I am currently living in Thailand. If this country wanted to take a big plunge, on purpose, they would not have behave otherwise. It's complete scrap. No need to be an "expert " to SEE the dams are to crack open...
    29 Aug 2013, 11:24 PM Reply Like
DJIA (DIA) S&P 500 (SPY)