11/2/2007-Part 1 Jim Rogers Interview On Bloomberg

[ukipwarrior]

ha ha thats why hes a government employee he couldnt get a real job

[GuntherL1]

This guy is my rolemodel: ordinary guy, interested in the world and a billionaire. I only managed 2 out of 3 until now, but I'm working on it.

[throwerofturds]

its now mid may2011 and this could be played as todays ne without a hitch . it was true then and it true now . very well said ,especially about benanke being an idiot

[vettytube]

I see posfings about this guy being president but let's say he did. What then...don't think it would make a differnce

[fazholio]

He Rocks doesnt he?? he displays a brilliant wisdom and intelligence unseen in many investors

[originaljuve]

Level 3 Assets

What Does It Mean?

What Does Level 3 Assets Mean?

Assets whose fair value cannot be determined by using observable measures, such as market prices or models. Level 3 assets are typically very illiquid, and fair values can only be calculated using estimates or risk-adjusted value ranges. In addition to Level 1 and Level 2 assets (both of which have more accurate fair values), Level 3 assets must be reported on by all publicly traded companies as of 2008.

[wannabedj89]

Damn... I thought this was THE Mr Rogers :P

[iwanagaa1919]

Jim Rogers presented some brilliant analysis in this interview. However, he made one small prediction that did not pan out; he predicted that we would be hearing a lot about "level 3 assets." I watch a good deal of business news, and I cannot remember hearing anybody (except Rogers) utter the phrase "level 3 assets." To me, it's a sign that business news is generally poor.

[junglesoup]

Are you serious? Come on, level 3 assets are all the securitisation of the toxic assets, off balance sheet garbage which have created this mess, based on unrealistic valuations....perhaps the terminology was not used, but it equates to the same thing

[caganb]

He was 100% a year ago...........wow  We have some screwed up leaders

[jb2134]

Look at those prices at 7:59,

C at $38

Goldman $235

Merrill $58

Bear $105!!!!!

Shows that stock "prices" are not always real numbers.

Jim crushed the market with that ibank short trade. Buy 10 more houses in Singapore?

[khandielas]

Great interview, the truth is always harsh, I doubt how many our fellow American really understand what he said. Otherwise, how come now we have two idiots run for next president?

[fraterm]

Prophetic guy.

[libertyeconomics]

Most Americans are unemployed, but do not count as unemployed pursuant to BLS calculations. For example: somebody on Social Security Disability. Employed? No. Counted as Unemployed? No.

[NSResponder]

I doubt he's got the time, but it sure would be a great thing for the country if the next president would appoint Jim Rogers as the secretary of the treasury.

-jcr

[sinitskyd]

It would be even better if he was the president.

[ok131583]

Indy Mac - BANKRUPT! Countywide - no more Bear Sterns - BANKRUPT! Fannie Mae - NATIONALIZED Freddie Mac - NATIONALIZED Merrill Lynch - no more Lehman Brothers - BANKRUPT! AIG - NATIONALIZED WaMu - effectively BANKRUPT! Wachovia - no more GM - soon to be BANKRUPT! Ford - soon to be BANKRUPT! DJIA - from 13,307 at 8300 (and falling)

[sugarpuddin88]

Rogers needs to read Wm Lindsey & the Colorado Senators account of Gill Island

Over all, I subscribe to Jim Rogers advice

[CAJUNNSC]

07/15/2008 the vid was 8 months ago, all the brains in this country just don't listen to the real brains like Mr. Rogers. They would have to admit what they know and well, they would not be able to put millions in their pockets. The truth always hurts but crooks don't want you to know what the truth is. I suggest you listen to this man and use what he says to protect yourself best you can financially. Does IndyMac ring a bell. Fannie Freddie..Hm! It's only the tip of this iceburg.

[godfartedquestionmar]

THIS GUY IS A GENIUS!!!  he would be my sec of treasury in a heartbeat!

[imnos482]

He is wrong about there being no oil. Big oil is suppressing new drilling. Why create more supply? At $4 a gallon, they are making a fortune. But either way, the end is the same. Oil will keep going up.

[crash1929]

11/07-pull up the charts...this trade: short ibanks and long ag. would have made you rich beyond your wildest dreams.

I am definately going to be paying closer attention to jim.

I like how he calls out the gov and banks on fraudulant accting. I don't know if its true but makes you think and want to dig deeper.

[mrzack888]

The Female host seems like a Blond bimbo, cept she's not blond.

[matchbox555]

jim rogers is as nutty as ron paul

and both are losers

hey hows that "ron paul revolution" working ?

lmao

[Daovonnaex]

Jim Rogers cofounded the Quantum Fund with George Soros which returned 4,200% in the 1970s. Jim Rogers, while sometimes eccentric and prone to excitement, is one of the most successful financial investors of the 20th century. Check you facts before making pronouncements.

[matchbox555]

yeah he made all his money from soros

[Daovonnaex]

they were partners why would soros keep deadweight around for a decade--the bowtie?

[Tasadaru]

LOL! "The bowtie?" I've bought Mr. Roger's books and they are insightful.

I guess Peter Schiff(Ron Paul's official economic advisor) must be a crazy guy to endorse Ron Paul too.(sarcasm)

[Daovonnaex]

I've been investing overseas and in commodities since 2002 and have been making over 30% annualized.

Oh, and I'm a Ron Paul (or was, since obviously the nomination is locked up--I knew he'd never win) supporter.

I must be crazy!

[cyberJamilonc]

Why are you so mad and jealous anyway, because your a 47 year old looser and their not. Live with it. The two guys r worth 10000 of u. Deal with it.

[matchbox555]

stop projecting

[cyberJamilonc]

Projecting what? Its the truth, the only possibility, how can u call Ron Paul that, just look at all his life's work And then answer me back, or just dont't I don't care.

[matchbox555]

you are a fucking idiot if you think libertarianism is a credible political idea.

libertarians are usually young dipshits with no grasp of history and no education.

[cyberJamilonc]

Yeah right, please give the most pro-Constitutional guy, a 50+ years old guy lessons in that. Elected ten times congressman, no stealing history, no BIG LOBBYIST himself or "friends", very well informed in what is called ECONOMY, something no other candidate knows anything about, and if they do, they don't care.I guess ur wring. Yeah.

Whatever u say, live in ur misery, go elect some war monger. Ignorant.

[matchbox555]

You can barely put a fucking sentence together. What kind of fucked up english is that ?

Listen dipshit, EVEN RON PAUL doesn't believe what he is saying. What he says is for dipshits like you to believe in.

[cyberJamilonc]

U know what,I'm glad ur not one of his supporters. My English is very good,I believe u finished dentistry in English in England too right? Send me a message when u do my friend. I don't believe it has to SOUND well to ur stupid American ear,it has to be gramatically correct.

Est-ce-que tu parle francais espece d'idiot qui viens d'Amerique?

Vorbesti Romnina idiotule,care esti din America?

Or do u speak Czech, or Arabic. I bet u Don't.

So plz, ur embarrassing me to much here. Buzz off freak.

[matchbox555]

heres an example of your brilliant english

"Yeah right, please give the most pro-Constitutional guy, a 50+ years old guy lessons in that. "

what on earth does this mean ?

[cyberJamilonc]

"the most pro-Constitution guy": I added an "al" by mistake, now u understand.

a 50+ years old guy: that means his over 50 man, what's with u.

Now put it all together and u'll get it.

[matchbox555]

no it doesnt make sense

ron paul is 72 that means hes 70+

so when you type 50+ im thinking, who the fuck is he talking about ?

and then you type "lessons in that"

lessons in what ?

anyone who believes in ron paul automatically knows nothing of history.

[Mrhuh]

That's funny since most know a whole lot more about REAL history rather than special interest history than most leftists. Let me guess that you also think that Lincoln was a kind and humane guy who never imprisoned anyone for questioning him and that Herbert Hoover was a laissez-fairest.

[fraterm]

While you have mastered the art of typing, you fail at historical education evaluation.

[fraterm]

There are two keys on your keyboard one immediately left-adjacent to the "u" key and the other two steps right adjacent to the "u" key that can be used to formulate the word "you." It makes things clearer, you should try it.

[cyberJamilonc]

YEEEEEES, whatever, ur too ignorant, u can't blame me for trying but I couldn't get to u. U didn't understand the 50+ thing but its ok, "his an American" as they say, it was simple. And the other thing, "lessons in that", was about education and grasp on history. Bye.

[matchbox555]

dont worry one day you will grow up

[cyberJamilonc]

U 2 kid

[shanklinmike]

Why do you hate people who spread individual liberty and freedom away from centralized monopolistic coerced systems that reduce civil liberties? Why would you reject a man who rejects special interests and big business due to principle, something no other candidate has ever been able to do? I just don't get why people have such a problem with somebody who is an abolitionist....

Peace

[matchbox555]

listen kid........

absence of govt is not freedom

chaos is not freedom

anarchy is not freedom

now grow up

[shanklinmike]

I'm not a kid and I do not believe you understand my positions. I'm not an anarchist, I don't want an "absence of government", just constitutional government. Why do you think I want chaos? I fight against the centralized oligopolization systems that creates the chaos. You should really watch some of my videos if you care about your grandchildren! My lack of love for fascism does not equate to a love for anarchy.

[matchbox555]

libertarianism = economic anarchy and chaos

[shanklinmike]

watch?v=V-4kCD4nbrw

watch?v=rRYt4CGISm4

watch?v=RJeVSTQWaNc

watch?v=y428AAUBR5c

[fraterm]

It's easy to spout hyperbole on the internet, that's a given.

Limiting government is a key concept you need to investigate, because a government cannot govern a population effectively when it grows so large that it enslaves those it governs.

[Mrhuh]

That's funny since most liberatarians would be able to circle around you one hundred times in economics, history, etc. Murray N. Rothbard, Ludwig von Mises, and Ron Paul no more and predicted more than some brainwashed moron like yourself who probably thinks that communism actually put food on the table.

[ImaCreativeCreature]

I assure you you will not be laughing your ass off if/when Hillary, Obama or McCain win. Because YOU'll be the loser. AGAIN.

(If in your understanding being in majority is winning then you probably voted for Bush and ouups in the end it made you a loser and oh you uneducable stupid thing - you're banging your head over same thing AGAIN.

[madhuradi]

listen guys ...be a north american from now on, like jim...invest in real money now so that u can buy lot more ameros later...deal!

[malus911]

Jim is pulling out of American currency. When the American dollar is debased to the value of a Mexican peso, the Feds will eliminate it all together and start fresh with the new North American (Amero) dollar. Welcome to the American Union. It looks like it'll be by consent.

[littlemisspissy]

Jim Rogers endorses Ron Paul. No surprise there.

[beavisliveson]

This is the clearest speaking, most intelligible and honest person that I have ever heard describe the current state of the financial markets and the U.S. economy. Listening to Jim Rogers is like getting a double Ph.D. in Economics and Business w/o the secret handshakes and pay-as-you-go fraternity system. I take from it, the CSI 300 Index one year performance: +298% and with the emerging market growth and current Fed policy, there is no end in sight.

[fansanx]

you should listen to peter schiff to ;) he is all so very good

[Bahia82]

Hey this is what you guys wanted when you voted for bush!, had Kerry Won Roger ferguson (The highest ranking black federal reserve board member ever) would now be in charge and Bush's guy Bernanke would be down in a hole somewhere, Ferguson was actually the one who keep the economy from collapsing when 911 happened, but never got any credit. but white america would never put a black man in charge of their money no matter how qualified he is....a Jew maybe but never a negro

[Bahia82]

Hey this is what you guys wanted when you voted for bush!, had Kerry Won Roger ferguson (The highest ranking black federal reserve board member ever) would now be in charge and Bush's guy Bernanke would be down in a hole somewhere, Ferguson was actually the one who keep the economy from collapsing when 911 happened, but never got any credit. but white america would never put a black man in charge of their money no matter how qualified he is....a Jew maybe but never a negro

[kurlkarl75]

she is nice woman

[Capnwabbit]

I know, I think I'm loved up already... :o)

Seems smart too. Rogers, as ever, was bang on the money. Great interview

[nibelungensohn]

"...this man (Bernanke) is a nut."

"that's why he's government employed, he can't get a real job."

ROFL

[secretbonus]

awesome insight

[JP5466]

Rogers, Schiff and Ron Paul... the REAL deal!

[DOLLARCRASH1984]

And Marc Faber!!!

[TYX91101]

The Fed's high safety colateral, U.S. Treasury Bonds, have been on a roll. The lower interest rates paid for this safety will be reflected in the Fed's decisions on the Funds rate, which should be near zero before it's over. Therefore a Fed rate increase is an extremely low probability.

[brianasap]

.... Contd

If we dampen the economy even more with

higher interest rates, I cannot see what

that achieves, and I can't see that it

achieves its objective, unless the objective

is to cause negative growth solely to keep

the price of oil down.

[sh200kr]

forget oil prices.

inflation is too high, so cut the money supply.

It is this simple!

[brianasap]

I'm sure Jim is a smart guy and correct with

much of what he says. As for Bernanke saying

he would drop interest rates if oil goes up,

I don't see anything wrong with that. Oil up

is cost-push inflation, not demand-pull. It

is going up because supply is being

restricted. Industry in general has no control over it. It doesn't make sense to me

to "punish" industry for something OPEC

controls. Most of the oil increase from $60,

only mirrors the fall in USD. contd ...

[followyourgut]

GOOO JIM ROGERS !!!

[alanhowitzer]

$100-150 oil absolutely. If you want to make lots of money, and don't care about the environment, buy oil.

Thanks for posting!