Jim Rogers On Fox Business Channel Oct 06 2009

[fasteddie847]

Tracy has got a nice set of bobbies!!!!!!!!!

[emichik86]

@fasteddie847 Yes...I bet JR would like some of her milk with those cookies she is offering.

[pretorious700]

What do you have to know to be a Fox news talking head? These 2 morons are embarrasing.

[stealthpakfa]

solid information in the USA?

muahahahhahahahhhahahahaha EPIC!!!

id take china's numbers over the US numbers anyday.

[stealthpakfa]

that woman should be stabbed to death.

repulsive filth.

[idonotneedanidforyou]

"but our deficit is so JaGondo" LOL

[truthislibertyus]

A legend!

[cat1012000]

From your lips to Obama's ears.

Everything Obama's economic advisers are doing/suggestions only makes the problems and prospects for USA worse.

[flimflamman]

Why does this idiot blame 'politicians' and not the bankers who own them ?

[hobomonky]

because it is the politicians who gave the bankers our tax paid money. Jim and I are up set because a few select incompetent bankers were not allowed to fail and let competent bakers take over. Instead the poloticians cried too big to fail and gave more money to incompetent bankers so the could "compete" with people who were prudent and did the right thing. to add insult the incompetent paid bonuses. those people are no more than thieves living in luxury!

[herbs814]

without government favoritism the bankers are harmless. All problems come from corrupt politicians abusing government power. The favoritism granted to the bankers is just a symptom of the real problem: government is too big, too powerful, too arbitrary in its use of power and granting of favors.

[savemyplaylist]

@flimflamman

hahahahhaha, yup jim is an idiot.

I've made butt loads of money off his forecasts, but I should stop listening because he's an "idiot."

[auctionmusic]

you have to be careful about investing in commodities...technology can ruin your day...the fuel injector sent oil prices plummeting...fibre optics almost put copper out of business...solar will eventually kill the coal businesss, and so on....polomer plastics replaced sheet metal...even bullets (lead/nickel) are not safe from laser technology...

[bweazel]

They're starting to get worried... So? Let's see the rest of the world take down the banking oligarchs. Haha. Rightttt. Let's be realistic people. None of us can do anything to them. You just need to pay attention to who the want to succeed.

[vsaldanas]

The Federal Government should not Tax Savings accounts at all!

[zoso1978]

rogers wants to bang her so bad

[herbs814]

no government should ever tax any income at all. taxing productive just encourages people to become unproductive. Abolish income taxes. Abolish property taxes. Abolish inheritance taxes.

[fahimh]

is it just me but isn't an "income tax" a tool of class warfare (aka prejudice)? To tax people differently depending on how much money they have?

I mean, they call it socialism, but isn't an alternative way of looking at Income Tax simply prejudice and inequality?

In America right now, there so much hate thrown at the rich....I mean, honestly, who doesn't hate the rich, but now it's turning into class warfare...

you know who the richest people in 1930s Germany were? The Jews.

[herbs814]

yes, taxing income (and especially with progressively higher tax rates) IS prejudice against the successful. Socialism is nothing more than persecution of the successful, in order to drag everyone down to miserable poverty (except the ruling political class and their cronies). The political class is threatened by those who become successful without being in their debt. So they persecute the successful, rather than accept any challenge to their privileged position in the government.

[nickmitchell01]

dissolve her majesty the queen of englands gbp1300 000 000 000 estate and give the world a break ;-)

[darthvader5300]

money has no intrinsic value for money is just a representative of wealth & wealth is created by creating wealth. printing money does not create wealth for money does not manufactures manufactured products, does not processes raw materials into finnished materials, does not extracts minerals from the earth, does not farm to produce food. Wealth is created by wealth in the form of real physical economic assets like factories, mines, oil and gas wells, farms, oil refineries, infra-technostructures

[vonleixy]

she is sort of fun, as she has her belief in the u.s. government. :)

here is the difference:- no chinese believe their government, but some aemricans do believe uncle sam :)

[blackghost10sg]

no chinese believe their government? haha! you may know 0.001% of chinese, but you think you know them all. lol! the country is going backwards all started with its people, people like you has no any idea about outside of your own world; well, what kind of U.S future what can look for? lol!

[lustdog]

This tracy dude is an idiot.

[blackghost10sg]

oh ya, she is totally idiot, she has no ideas about anything, and actually most of the people fr fox are idiots .lol!!!

[KhmerSerey1]

Natural selection prepared men to be the hunter and we departed from that role only a short while ago in evolutionary terms.We are in effect hunters in business suits....

[Pnkbong]

Your shooting the messenger.Just pointing out what the Bible says. All the Scriptures I referenced are all in the regular Christian Bible. Yes WE are Christians. We believe Jesus Christ is the Messiah.

[lmankj]

Good one.

[audiohi]

numbers that come out of anywhere are jumbled, crooked, fixed, but all one has to do is use common sense to know where China's going.

50% of what i own in my house is made in china, probably more. Nuff said.

[Blackjack555]

Wal-mart i mean.

[Chainedorlo]

The Asians in working in finance, business, construction, and other considerably profitable trades are sub human ogres too? I'm sure you're quite intelligent, go make a name for yourself. For the most part, the world doesn't care about this racial class warfare of yours, and that guy who responded to you is right about Japanese goods. Besides, doesn't the newly elected DPJ want good relations with China? Japan is their biggest trading partner know anyway, so much for "subhuman."

[stealthpakfa]

id rather trust any chinese numbers than any american or british numbers.

[blackghost10sg]

i guess most of american numbers are negative. so i think you are right, no matter the chinese numbers are fake or not, at least theirs are positive numbers lol!

[CheekyMonkey888]

Jim Rogers cracks me up ... but always on the money

[Elbottoo]

Yea...is that why Japan proposed the Asian Union to China and Korea cos they dont consider themselves Asian? Haha sucker, your mom must be real proud of you.

As far as Japan being the only "smart" country: listen 10 year old brat, there was a time when people called Japanese products "Jap Crap". Why? Because they were cheap low but mass manufactured toys. You gotta start somewhere and only retards think they can jump from A to Z in one day.

[BlueTunisia]

For now he wouldn't because it just hit a new high. He still does own it he said.

[007jjb]

I am glad to see Jim back on FOX...Cavuto bounced him because he was telling the Truth about the economy and the Bush Admin. lackies at FOX couldnt take and got him off. He was like a Prophet and predicted everything that has happened! Bravo Jim

[stewtrek]

"im speechless and dumbfounded you just accept what people tell ya" 

gotta love jim rogers

[saturn5100]

Perhaps Asians are simply smarter and harder-working than Caucasians.

[Chainedorlo]

No, that's no true. They too have vast pork barrel projects, stimuli, public schools etc. Japan's lost decade rings a bell, no? 1997 Currency crisis? Society is a battle between those who support and don't support the state and those people in between who go on and off.

[Blackjack555]

To Saturn: Oh yes, Asians are just to cleaver and more intelligent than Caucasians....Give me a break.

[00587649]

I'm Asian. Correct,it's not about being smarter,but just harder-working. Many Asians go there and come back say Americans are not stupid,but just very lazy.

[edcaro]

Asians have small penises

[00587649]

I'm 6'2",taller than most of my American friends when I was there.

[JP5466]

That Tracy chic is a aloof airhead.

[Alexharcourt]

Jesus no wonder nobody watches fox business

[hiromiao]

wow she has a butler?

[SvrchovaneCechy]

I personally have nothing against silver, it has potential, for sure. It is an ideal precious metal for young people and those who can not protect themselves (invest) by gold because they do not have enough fake money to buy it. Anyway, I wish you well with your silver investments. Contact me October 2010 to have a look at relative gold-silver performance comparison.

[SvrchovaneCechy]

Situation might be so bad soon, that people will be forced to physically posses and carry currency of intrinsic value - a real money. Are you going to pay your car dealer with wheelbarrow full of silver ingots or would you rely on gold coins? Rogers is not a holy cow. I simply do not trust him, that is all.

[SvrchovaneCechy]

I agree with many Roger's statesments.

But two things. 1) Why he says that negotiating about dumping a dollar as an oil currency are rumour when it already has been proved that they are not? 2) Why he says that he would rather buy a silver than gold when it is obvious that gold is the best hedge against inflationary bachanalia of our governments and is not "rallying"?

No, I do not believe Rogers and his Khazarian friends Soros and others. I think he is in bed with NWO.

[Excidium567]

You need to brush up on the fundamentals of silver, silver is absolutely a better investment than gold. There's a few quick fundamentals for you.

USGS state silver will be fully mined out by 2020.

Silver has over 10,000 industrial applications - gold has a handful.

Silver is being consumed faster than it can be mined.

Silver is at inflation adjusted all time lows.

If you truly think gold is a better investment than silver your a fool. Seriously get out there and research silver.

[Annihilate3275]

well said!

[SvrchovaneCechy]

I am not saying that silver is not a good investment. But gold leads the way and always will be for many reasons. Let's watch 1 year growth of both from now on.

[Excidium567]

Silver has been outperforming gold all year in terms of percentage gains, silvers up more than 50% since January, Think of the reasoning Jim gives in this video - Gold is at all time highs while silver is 75% below it's all time high.

Which do you think has the greatest potential for gains at this point?

Check out stellaconcepts videos - he's got some great info on silver - I'd suggest starting with some of his older vids first.

[Excidium567]

Oh and SvrchovaneCechy, care to give some of the reasons you say gold leads the way? It's one thing it make a statement, it's another to back it up.

It's true what helps gold helps silver, but what helps silver doesn't always help gold.

[SvrchovaneCechy]

Silver is up only because it was a) more down than gold in % terms last year b) not being manipulated as gold has been by massive sellouts of gold reserves by central banks (there have been countless interventions and manipulation of gold markets in last decades as you would know if you do your homework).

[Excidium567]

Oh my god you truly are an idiot, what ever maniputation there is in gold, it's 10 times worse in silver, ever heard of ted butler? Seriously - Stellaconcepts videos, you need wake up.

YOU do your research - I mean... my.... god.... it's like talking to a monkey.

[SvrchovaneCechy]

The fact that you have your room full of silver does not make your argument more valid and it certainly will not help silver to outperform gold in the long run, young man. Try to control your temper. It is deadly for an investor.

[Excidium567]

And being older does not automaticly make you wiser.

The most basic argument I can make is based on the most basic rule of pricing - Supply vs Demand

Silvers demand is constant as I have said it has over 10,000 industrial applications, and it's supply gets smaller by the day.

In contrast Gold does not get consumed as silver does, almost all of the gold ever mined is still accounted for and the supply increases.

Excuse my arrogance - It's just I'm so sure about what I'm saying.

[baysar]

I want to steal his brain

[latabeatles]

Jim Rogers is great !!

Cavuto was a fool to lose him and has that idiot the ex ceo of GE, Jack Welch.

[BlueTunisia]

Jim Rogers is the MAN!!!

[AFRIKTODAY]

Tracy bitch, you should be selling your ass on a corner, not anchoring on tv you foolish biaaatch!!

[lsa420]

Wow. You took the words right out of my mouth. Worthless.

[eyewitness043]

That broad is fuckin' idiot.

[Melville10]

Its Tracy Byrnes. You were expecting Marc Faber? : )

[eyewitness043]

LOL. Thanks for the friendly kick in the ass.

[Melville10]

Its ok. Any man can be seduced by

Fox Business Babes or CNBC Money Honeys. I mean it is a tough choice---Rebecca Diamond or Maria Bartiromo?

[rctube1958]

Yes, but she's there because of her hair, perky lips, and buxomness. Ahh, so gentle on the eye...

[eyewitness043]

True, my problem is stupidity makes my penis soft.

[Daniel44125]

She should be canned for her lack of understanding

[sydbaileyb]

Tracy is an idiot, this is so sad.

[Melville10]

She's skanky looking too. Too much makeup.

[megawavez]

gotta love jim rogers

[soundmoneyfan]

He forgot to mention that the great big4 audit firms in our country are a joke as well. PwC signed off on TWO Madoff feeder funds

[edmack4me]

Not to mention the rating agencies that gave away 'AAA' to US$trillions toxic assets and the Fed giving away US$2 Trillion of publics money and won't tell the people to to or on what, if any, condition. US is the new wild west show in the world run by banksters and self-interested politicians who pass law without reading the legislation.

[PestControl02]

haha..yea- Jim pwned!

:)

[truthsabre7]

Check out Max Kaisers website Fisk who wrote the report on the dollar being dumped is interviewed.

[mattandpatti222]

True, This is all controlled media, But this is all planned out-our economy and dollar to crash is all planned out by the Jesuits who control everything!why? because the NEW WORLD GOVERNMENT UNDER THE U.N.- BYE BYE CONSTITUTION!

[charlenerice]

who watches this stuff..........my God these people are a bunch of actors..........why is she there again ?..... oh yea I know.......

.......Jim is right on some points not all do your own research people. American money FAIL

[BeenInACaveWayToLong]

She is there because she makes Jim Rogers' blood boil! That's why he spars with her. He likes her and will come back if they keep pairing her with his visit.

It's interesting, though, that Jim Rogers advised not to buy gold & silver at these prices. Seems like cheap prices compared to $100/oz silver and $3000/oz. gold. I guess he really means that you should buy on the dips...and this isn't a dip.

[edmack4me]

Jim said silver is the better buy than gold.

[BeenInACaveWayToLong]

Without a doubt, silver is the better choice for the long-term.

[borat443]

Jim Rogers made her look like a bimbo this was informative and funny.......Proves you shouldnt believe everything you hear from any agency company or govt do your own research

[kenandjasha]

has tracy heard of the FED? does she think the FED is so transparent and puts out solid info. wow she plays the bimbo american slave to a T

[pretorious700]

nice cans though

[SilverRose09]

Tracy, where have you been? We are in stagflation. All american wake up....do not be like Tracy....ignorance is very costly.

[SvrchovaneCechy]

Chick got owned.

[takforalt]

Notice the timing of Jim coming on air. Jim says it is a rumor that China, Russia, Japan, France and some gulf states got together to discuss using a basket of currencies and gold to buy and sell oil. I smell disinfo.

[InTheSticks1881]

It is rumor.  That said, there is probably alot of truth in it.

[xurbancampx]

01:50 owned

[unameitltd]

econ 101: rising prices are NOT inflation they are the result of inflation.

inflation is the increase of money supply from bankster money printing.

prices increases are thus the resut of the inflation of money supply.

[chop98]

Bottom Line 101: We're all screwed in the bottom.

[prepare2008]

Hmmmm I wouldnt go with jim on his gold view who cares if its at all time highs its going to continuously make all time highs for the foreseable future!

[qminusis]

No more home made cookies in the US. He does'nt like the ones from Wallmart.

[john5246]

Jim must have had a lot of cookies because he was riled up today going at Tracy LOL!

She's cute by the way. As usual Jim offered advice like a wise old man, I didn't get anything new from this interview, I know the dollar is trashed and that it will most likely lose it's world reserve currency status.

[pntrain5]

China is more corrupt than America, but they get things done...we're drown in bureaucracy and red tape...too much fat...too much supervisors and project managers and talkers...

[modelmark]

taxation=theft and approving it, will always and ever yield the results of all other immoral actions:your society goes down the drain, no scandinavian country can do anything about that.

[Pnkbong]

The Bible says governments have a right to collect taxes.

[elboertjie]

Please show me exactly where it says that in the Bible.

Usury is a big evil of society.

[Pnkbong]

Read Romans 13:1-7 (Rom 13:7 says "Give everyone what you owe him: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor.")

Matthew 22:21 Jesus say's "Render unto Ceaser what is Ceaser's and unto God's what is God's."

1 Samual 8:6-22. We are still living that scripture to this day.

[elboertjie]

Thanks for your detailed response; I appreciate it.

Those scriptures says what one 'owes'; we don't owe the government an income tax.

Have you read the book 'The creature from Jekyll Island' or seen the documentary 'The Money Masters'?

You seem like the inquisitive type and those two information pieces would surely give you new food for thought.

[prepare2008]

yes but not excessively to opress the people the bible talks about honest weights and measures and proper management of the economy

[modelmark]

is that a serious argument or are you pulling my leg? the bible also says though shall not wear clothes made of two different materials in Leviticus 19:19

[Pnkbong]

Romans 13:1-7

[modelmark]

yes, it's a pretty insane piece of fiction

[bilpayne]

The Bible also says not to inflate our money

Diverse weights are an abomination to the lord {proverbs 20'23)

[markymarkuss777]

These news anchors make enough to have butlers.. What a shame. No wonder they have no clue what's really going on!!! It makes sense now!

[ZackServo2point0]

OH wow... 8:20, this bitch really is retarded.

[BeenInACaveWayToLong]

Yeah, but we're not watching to hear her speak.  We're watching to hear Jimmy Rogers speak. An why not look at her while we hear Jimmy speak. It makes it all that much better.

I'm good with it.

[ZackServo2point0]

indeed

[screwtheusername]

LOL Jim cracks me up with his sarcasm at times.

[overseachininadoll]

Gee, these two reporters are just your average dumb Americans. That's Fox.

[CoinsFreedom]

Or your Average non-investors. The average Chinese person is worried about the cost of rice and fish heads...so please chill with the anti American sentiment.

[overseachininadoll]

Not anti-Americans. Just can't stomach Fox.

[overseachininadoll]

At least the average Chinese know how bad Fox is

[Rationalific]

@overseachininadoll: You're right.

Fox's plea - Don't buy into China! Support America! OK...people can listen to their advice and be all patriotic, but don't expect to make money. Fox News is bad. They don't give predictions. They give orders...not to do the more rational thing, but to prop up this dying system in America.

[overseachininadoll]

China already knew the Americans have no money. They are better keep the stuff themselves than to have all the worthless paper IOUs. But prepare to pay higher much higher prices for everything. Americans. As Peter Schiff said, Wal-Mart's going to price like Macy's soon. Unless You find another suckers to slaver labors over you guys and take your paper IOU. Like the Indonesians, the Vietnamese, and the Cambodians.

[Clichyabarbes22]

The whole world is starting to figure America out and pretty much everyone is waiting for the other shoe to drop. I heard the head of the Richmond fed on Bloomberg say that the the Fed will not buy US treasuries bcuz that wud be inflationary. Someones clearly not paying attention. So the buyers r who? I think I wud give SE Asia more credit than that. Am I wrong.?

[Rationalific]

@overseachininadoll:

Maybe we can get the Cambodians to be sucker slave laborers...but they just don't have the numbers!

[CoinsFreedom]

Again: It's not Americans....it's international bankers in control of the Federal reserve. You Chinese can keep all your "STUFF" which is crap. America will then bring manufacturing back home.

[Chainedorlo]

The Chinese don't produce crap. The vast bulk of Chinese goods are great quality for the price.

[CoinsFreedom]

Yeah...I hear you can buy a really good liver right from the bus from the forced labor internment camp to the airport.

The only good thing obama had done is a tariff on tires, worthy of the Nobel prize.

[CoinsFreedom]

If the Chinese didn't cheat by devaluing their currency....we would be making our own products. This is an economic war and economic wars lead to real war.  Therefore China news is just as full of crap as Fox. The problem is the bankers...not the hard working families in China or America.

[blackghost10sg]

how can you have a war with a country who holds your over 800 billion bonds. China not only has U.S's economic live line, also has its creditability line. you may think Obama protected some tire companies, but you have on idea how many chicken farmers and companies will lose their business. so there is not going to a war, and not mention that it's not like american people can afford another one. lol!

[audiohi]

This is true. If china made bad products, no one would buy them and their gdp would be shit. Its not.

Many products made in china are bad, but NOT BECAUSE those products are made there.

[blackghost10sg]

trust me, even if china makes worse products, there are still ppl will buy them. Price is always the biggest fact, since people in west are getting poorer!!!

[CoinsFreedom]

Average Chinese also know how unhealthy it is to question authorityin China....which "dumb Americans" are aware of and understand the 2nd Amendment and will continue to fight for it.

I agree though, that the Average American is not aware of the truth behing geopolitical and financial manipulation and TV propoganda.

[takforalt]

My opinion of Mr Rogers has waned of late. He barely mentions the highly leveraged derivatives. It tis the 1 quadrillion pound gorilla in the room that no one is talking about.

[lindabebe835]

You are right, no one talks of derivatives. I am only begginning to learn about it. They think if it's not talked about, it doesn't exist. wishful thinking.

[lintburger]

I've seen Celente and David Tice mention it and only in passing. Maybe they believe the system crashes before the derivatives fallout so it's a moot point. The derivative bomb is what will send us worldwide to the middle ages.

[malumalumalu]

As much as I like Jim rogers, I highly disagree with Jim's rationale for not buying gold just because it is making a new high. Anything that is well on its way to record breaking highs MUST make new highs. If gold goes to $1500, it has to go to 1100, 1200, 1300 etc. But Jim seems to think that because it is at a high of 1050 right now, it is 'too high'.

[chroNick546]

perhaps he's waiting for a pullback. That's what I'm doing.

[malumalumalu]

I'm not sure how much of a pullback there can be with this much upward momentum. If he truly is convinced of inflation, there likely won't be much of a pullback. A significant pullback will need a strong dose of deflation IMO. I bought back into the metals today because the dollar index failed to break through resistance again, so this might be another leg up in gold. We'll see. Good luck to you though

[chroNick546]

I don't see any significant 20% pullback in the near future or anything, but I do believe that we'll have a brief period of deflation when the next Option ARM or commercial real estate takes a hit. I think he's just saying that amongst all of the assets, it'd be a better move to buy agriculture since they're more undervalued compared to gold. Yes gold is undervalued too.. but we should be looking to buy the thing China does before China jumps on it. They're jumping on gold now.

[CoinsFreedom]

Yes...we are in "The Perfect Storm" for PM's and you need a whole new set of rules. Best strategy is buy & hold. When. Now.

[CoinsFreedom]

You might have to wait for 1200 before a signifigant pullback.

[ninjaguy123]

I agree. Rogers has always been anti gold.

When the IMF announced they were gonna sell their gold (which we know they don't have lol), Rogers said gold could go down to 700$. It's now up 1050 and just getting started.

Roger also denied that all countries are trying to get out of dollars and stated that it's just a rumor in the first 2 minutes.

Although he seams to have some sound arguments, I take his investment advice with a grain of salt.

[CoinsFreedom]

Hit 1056.70 4am EST and is looking at 1055 support

[meikagirl]

The dollar needs to be saved!

[tyronebiggums3]

"The Chinese are paying for our lifestyle"

Interesting comment from the talking head at 2:21. Now these morons are saying what Schiff and others have been saying for years. Welcome to reality.