zapzappa123

Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market?

Rogers doesnt run money he trades his own account, I dont believe he shills his own positions to sell/buy, you are confusing him with Cramster perhaps

He's a long term INVESTOR not a trader and he didnt sell commodities or China in the same way Buffet doesnt sell things just because they have had a run.


On Mar 02 01:24 PM IronMeteor wrote:

> Listen to Faber, he always seems to be right and can change his mind.
> I can't remember any time in the past where he was dead wrong. <br/>
>
> Rogers is a too dogmatic and has been terrible for your portfolio.
> He picked the top (published his book in late 2007) on China and
> commodities and rode them both all the way down. Rogers might even
> be right in the end on everything, but I can't handle a 70% drop.
> He is playing with OPM, but I am playing with my own money. I often
> wonder if he does the oppositie of what he says and uses his position
> to create liquidity to dump into. Otherwise, his returns must be
> horrible.
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Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market?

Rogers hasn't sold any commodities because he believes this is merely a short term correction in a major bull market where most of the commodities will set new all time highs.

Rogers recently covered his shorts in the financial s and that's the money hes putting into commodities now, his time frames are longer than most peoples but that's because he's wealthy and doesn't need to think in the shorter term.

His timings very poor on the long side because he snaps things up as soon as he believes they are in bargain territory which can frequently be early into a correction. Hes warned people to be careful about his timing going back to when he first started writing and doing commentary.




On Mar 03 07:48 PM Mark in SF wrote:

> I think Rogers if full of it. Every time I've seen him over the
> last 5 years he says he recently bought some more of XYZ commodity.
> If he's such a commodities bull why wasn't he already heavily invested?
> Is he dollar cost averaging or something?
>
> Face it. People like Rogers are rich "Financial Celebrities" who
> have their groupies. Networks like CNBC have them on to boost viewership,
> and the Financial Celebrities get to have their egos stoked. It's
> not at all clear that his fortune was not primarily the luck of having
> been with Soros when he was cleaning up in the currency markets.
>
>

Waiting for Inflation? It May Take Awhile

Overly academic

Every country in the world has announced stimulus plans,to the tune of several trillion dollars, lowered rates and printed money, the world will soon be overflowing with money as these stimulus packages are put into effect
Banks all over the world have been given trillions of dollars which they are now hoarding but as soon as they see the slightest sign of recovery (and they will when these plans start going into effect) they will begin lending because thats what banks do, they lend money, earnings will improve and commodity prices will creep up and everyone will jump into the market with a vengeance, interest rates will soar, the us dollar will collapse and commodity prices will also soar as massive inflation kicks in,

Geithner's Intentional Flub

You think this was good?

With trillions more supply of these coming online at a ruinous rate what does he do for an encore at the next auction wear a clown suit to scare the bumbling herd into treasuries?

The jig is up on the Fed and they are going to have to start monetizing these things soon and the dollars going in the tank.

Get thee some hard assets Y'all

GL