It's so obvious Rogers is annoyed at the vulgarity and constant shouting of these cockneys in suits. The UK finance scene makes NY look like a 19th c. aristocracy. These people are awful.
Noop. Because if you are not interested in farming you shouldn't. It's very hard work. Many farmers can't wait to get the hell out of the countryside and come to Wall Street to have an exciting life. Farms are the back water for survivors. I don't see Jim go to become a farmer. He goes to live in Singapore which a very fine metropolis for sure.
Farming is too hard; and you can make much, much more money investing into their hard work via commodity investments; rather than actually doing the hard work
Well, this has always been true, but in a land of freedom (not the US), you can surely make a fortune with hard work and a ever growing farming operation, buy out the investors once you can, and import cheap labor
If you are asking the question, you probably don't know much about farming. It's still a very hard job even by 2009's standards. Plus, government fudged agriculture along time ago and is still doing so today, and makes it very hard for starters.
AMERICA DOESN'T EVEN PRINT ITS OWN MONEY - Money is created by all banks in any amount they please, (from a practical standpoint, there is NO limit to fractional lending amounts)!
America is not the Engine of the global economy It doesnt produce
America is the Caboose of the global economy because it consumes & borrows
China products are not better, but they are certainly cheaper, way cheaper. I have been doing business with China for the last 8 years, one thing for sure, there is no free trade to China. China plays its own rules and it is much smarter than US. China will not talk "Buy Chinese", they just do it whenever they can.
I love the long silences after Jim tells them about the rotten crap thats coming down the shoot to hit us all in the face, just look what happens after he talks about long term US bonds:)
they always ask him the same dumb questions and then mock him about it.... I think he probably just goes on tv to warn anyone who will listen away from the bullshit financial news.
It was really strategic.
felpaluche 1 month ago
short government bonds? Is Jim also saying that America will default on its loans?
0112337 1 year ago
Euro is better than Dollar, but even Europe has stimulus packages, so.... commodities seems the way to go.
Or stocks in countries with really good prospects, but this implies you can do stockpicking...
campelofep 2 years ago
What should I buy with 30000 euros ? Silver, sugar other commodities agriculture or should I keep my euros ? Does anyone have an answer ?
Awes84 2 years ago
Silver/gold
DPRKTHUG 2 years ago 3
Thanks a lot
Awes84 2 years ago
@Awes84 US government bonds. /sarcasm
delyshBB 1 year ago
It's so obvious Rogers is annoyed at the vulgarity and constant shouting of these cockneys in suits. The UK finance scene makes NY look like a 19th c. aristocracy. These people are awful.
MarcusCMarcellus 2 years ago
I am confused why Rogers is in the Yen & Swiss
Isn't the Swiss having to restructure for the 2nd time having suffered from bailing out bankruptcy in Latvia?
sugarpuddin88 2 years ago
Would it be wise for a man to get into farming?
constrength 2 years ago
Noop. Because if you are not interested in farming you shouldn't. It's very hard work. Many farmers can't wait to get the hell out of the countryside and come to Wall Street to have an exciting life. Farms are the back water for survivors. I don't see Jim go to become a farmer. He goes to live in Singapore which a very fine metropolis for sure.
overseachininadoll 2 years ago
Farming is too hard; and you can make much, much more money investing into their hard work via commodity investments; rather than actually doing the hard work
sugarpuddin88 2 years ago
Well, this has always been true, but in a land of freedom (not the US), you can surely make a fortune with hard work and a ever growing farming operation, buy out the investors once you can, and import cheap labor
brizzlekizzle 2 years ago
If you are asking the question, you probably don't know much about farming. It's still a very hard job even by 2009's standards. Plus, government fudged agriculture along time ago and is still doing so today, and makes it very hard for starters.
StrafingMoose 2 years ago
Look, there wouldnt be any trade deficit between US and China, had the US government allowed free trade in the first place.
Chinese dont want US junk that they can produce better and cheaper. What they want, is what they dont have: HIGH TECH AMERICAN products.
The US government has been blocking this for far too long. So the trade deficit is really your own problem (like everything else).
Elbottoo 2 years ago
AMERICA DOESN'T EVEN PRINT ITS OWN MONEY - Money is created by all banks in any amount they please, (from a practical standpoint, there is NO limit to fractional lending amounts)!
America is not the Engine of the global economy It doesnt produce
America is the Caboose of the global economy because it consumes & borrows
sugarpuddin88 2 years ago
China products are not better, but they are certainly cheaper, way cheaper. I have been doing business with China for the last 8 years, one thing for sure, there is no free trade to China. China plays its own rules and it is much smarter than US. China will not talk "Buy Chinese", they just do it whenever they can.
jmslee830 2 years ago
Ha ha that last answer by Jim was classic! lol
The reporter was flawed or pawned or whatever you say in the US. ha ha
Get ready to eat out of greasy macdonald left over trash cans.
Dandaniels1978 2 years ago
Bubbles here, bubbles there, pretty soon, there will be bursting bubbles everywhere!
Yogizuna 2 years ago
You could have heard a pin drop at the end.
nocturnalc 2 years ago
Excellent...let them chew on that :)
Djelomou 2 years ago
Consumers need to "retrench!" We need savings accounts for once in our lives!
Ishpeck 2 years ago 2
I love the long silences after Jim tells them about the rotten crap thats coming down the shoot to hit us all in the face, just look what happens after he talks about long term US bonds:)
Rustyshackleford08 2 years ago
Its scary stuff. These talking heads don't have a Fing clue.
SamuraiCommando 2 years ago
I do too.
TheProphiting1 2 years ago
If he expects a correction, why does he have no shorts???
repeatedattempt 2 years ago
He says he's a terrible trader. He's just a long-term investor.
capitalist4life 2 years ago 2
good question. He did say to short us bonds.
classicgamesarcade 2 years ago
he said to learn how to sell short long term gov't bond which I beleive if you can do it by buying tbt
yelloweyes557 2 years ago
Can you short via ETFs?
Dandaniels1978 2 years ago
Jim is so old school. He doesn't take any BS.
4casme 2 years ago 2
I love it that everytime that jim speaks theres a wierd silence as if everybody is trying to digest what he just said.
dongato11 2 years ago 5
These stock traders are all going to be homeless in a year or so.
pretorious700 2 years ago
very good points made here my jim. keep up the good work.
lindabebe835 2 years ago 2
love ya jim.
lindabebe835 2 years ago
Cartman?
dpardini79 2 years ago
the real problem is scum like you
sinitskyd 2 years ago
Thats right , we the JEWS were plotting to have all the money in world .
However our EVIL scheme was foiled by your government printing all those dollars .
Now we have to start all over AGAIN ... under new alias ofcourse .
fu90210 2 years ago 7
How long is a Chinese name?!
pretorious700 2 years ago
Jim Rogers seems kind of down here.
pawelmiami 2 years ago
maybe the kids are burning him out.
lindabebe835 2 years ago
they always ask him the same dumb questions and then mock him about it.... I think he probably just goes on tv to warn anyone who will listen away from the bullshit financial news.
unabonger777 2 years ago
myess
toogood6996 2 years ago