Skjellifetti

Jim Rogers on the Next 10 Years

On Oct 11 12:06 PM Albertarocks wrote:

> But now for the first time in literally centuries, hegemony is being transferred to a country that is clearly and undoubtedly going to emerge as the leader of the world for the next few centuries.

Yawn. That is exactly what was being said about Japan in the 1980s. Look where they are now. Give it 20 years and we'll be saying the same thing about India.

Doesn't Rogers have a conflict of interest yammering about the virtues of commodities all the time given that he owns one of the indexes? I don't disagree that commodities belong in a diversified portfolio, but only at about the 5% level. Just like everything else, commodities have a tendency to regularly crash and burn and its usually just when you need their diversification benefits the most.

Global 'Oil Shock' Rattles World Stock Markets

It was James Carville who wanted to be reincarnated as the bond market, not Robert Rubin. It is a notoriously well known quote. When an author can't be bothered to fact check the attribution of simple quotes, it throws all the rest of the analysis into doubt.