stefalb

Exclusive Interview with Jim Rogers: Inflation Is Coming

The dollar has problems but so have all other currencies. Right now the world can not get enough dollars. The dollar will not drop dead over night. It is still the world's reserve currency. It will still take many more years until this changes! Always remember that any currency is also a political voting mechanism and the world voted against Bush and therefore the dollar over the last years. Once there are more productive investments in the US and less waste on wars, the dollar will recover!


On Jan 17 05:47 AM mbr wrote:

> Faced with the state of the US of North America what would you do
> if you had to decide about using your USD reserves? Keep buying US
> treasuries to preserve exports to the US? But US demand is going
> down and the fed prints whatever money is needed, so what is the
> point? Instead it would be wiser to spend the reserves buying hard
> assets, patents and products that can be used to develop china's
> internal economy. Guess who the beneficiaries might be...

Exclusive Interview with Jim Rogers: Inflation Is Coming

Both are bearish on government bonds. Both are bullish on the economy, both bet on inflation. If you are bullish on stocks then you expect the economy to grow and this means demand for commodities. The very large stimulus is very likely to turn things around in a few months and that's what both are betting on. They have the same strategy and they are contrarians. Bet against the crowd and that means to bet against fear right now. Short government bonds and buy growth!


On Jan 16 09:59 PM nport wrote:

> I guess the two investors I admire most are Rogers and Buffett.
> So I'm torn between their public statements on the future. Buffett
> says he is out of bonds in his personal account and getting long
> domestic stocks. Rogers says get out of the dollar. It's finished
> as the world's reserve currency. Inflation is coming big time.
> I can't argue with his reasoning. The US owes 13 Trillion and will
> continue to print money until all the trees are gone. We have promised
> 50 T to the baby boomers for medicare and of course social security
> adds to the looming deficits. And I haven't totaled the stimulus
> coming, nor the tarp, etc. That means, higher interest rates and
> that can't be good for stocks. A weak dollar can't be good for any
> nation long term. So who is right about the long term viability
> of our economy? Buffett or Rogers? Or are they not mutually exclusive?
> Can they both be right? I'll take your answers off the air.

Exclusive Interview with Jim Rogers: Inflation Is Coming

Yes, nobody knows but then some inflation hedges and commodity plays are so cheap that they can't go much lower and even if they do then they are even greater bargains to scale down. Be brave when everybody else is scared. We are not far off!!!


On Jan 15 02:31 PM Larry House wrote:

> I hold Jim Rogers' opinions in high regard. He is quite blunt and
> cock sure, which bothers some, but I think he is usually right on
> has a good handle on the "big picture." I agree with the outlook
> for inflation, but it is impossible to say when. Even Rogers said
> that. Going into commodities now could beat a person to death waiting
> for the inflationary pressures to set in. I think investing to capture
> the rise of inflation will be THE major play at some point in the
> future; there is just no telling if it will come late '09, '10, '11
> or later.