Added: 6 months ago
From: JimRogersChannel
Views: 42,126
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (136)

Sign In or Sign Up now to post a comment!
  • Maybe he's counting on being a global "name". What global business media outlet would turn me down for an interview?

  • Whiel I respect a lot of what Rogers has done, I strongly disagree when he says we're headed towards a depression (by 2013 at the current rate). The real unemployment rate nationally is about 23%. Any reputable economist (ex., Steve Keen) will tell you that's a Depression.

    If he' so smart, then why would he damage his reputation with comments like that?

  • I'd say he's selling the euro now.

  • I live in Queensland Australia and allot of our farmers are threatened by expanding gas mines.

  • Wow, there are a lot of haters on this comment board. They either hate non whites or they hate jews or Islamics. I guess it is easier to find some group to blame for the economic problems than the true bunch that deserve the blame -the interntional banking cartel which is made up mostly whtie males of all religions.

  • She's older, but she's still pretty hot.

  • did she call him 'poppa'

  • Love this guy such a straight shooter!

  • @AngryGoyim

    It is when they come to work... IN a  free market economy you have a shortage of labor, in America we had to import MILLIONS of immigrants when we had more of a free market economy.. Since we went to a welfare, centrally planned economy by the goverment and the federal reserve the immigrants are a NEGATIVE.. Because mainly, like someone already said, they usually just come to collect the welfare and there is no news jobs being created.

  • US dollar from AAA = $1600 per ounce and now down great to AA+ meaning gold is now = to $2000 per ounce anyway....( AA ) is AA where the hell AA(+) came from??

  • Does anyone here have any idea how Jim came up with the 90% debt to GDP for India?

    I'm not quite buying his argument of the debt to GDP ratio being a sizable turn-off.

  • ya jim, straighten up that bow tie my friend...

    

  • Love Jim, but man he's getting old.

  • @qwertynasigoreng so old people don't deserve love?

  • @pretorious700 I still love Jim..

    Don't get off of your horse man..

  • Jim still has ties with that asshole Soros. Jim just gives the blue collar workers hints every once in a while. Gold at 1710. Something tells me gold will be over 2000 not in years but in hours.

  • @EMPIRE0FLIES Jim Rogers hasn't seen or spoken to Soros in 30 years. They are polar opposites.

  • Jim has been correct on Pm's and ag futurs. Big time right. I remember his interviews on RT and CBNC where neither interviewer could not believe he like gold at $1200 and silver at $24.

    Jim has been consistent except where he admits a "because no one else is" trade and he bought some dollars as a contrarian, not as long long tern believer. Jim has been crystal clear throught and consistent in hard assets.

  • go fuck yourself jimbo! your a lying sack of shit, not 6 months ago you were slamming gold and ramming the dollar, singing the praises of the fed. your scum. fuck you!

  • "duh... I am?"

    Ya lady, white people didn't originate in Australia. Duh.

  • I feel like I'm so behind the eight ball and late to the party when it comes to the investments Jim says we should be in...all of the things he mentioned are too expensive for me...what am I supposed to invest in now?

  • @jarden69 the cheapest silver you can get is junk silver 90% coins. 80% for Canadian, quarters, dimes, half-dollars and full dollars 1964 & earlier. Look each one up coinflation.c om to be sure. Next one up is silver bullion. Shares in RJA are also not expensive or RJN. Decent annual returns. I PERSONALLY take high risk high leverage but no margin so I'm using options on GLD, SLV, SPY, NFLX, POT (potash corp). They are very cheap to buy sometimes but expire quickly

  • jim know's how too stroke the Tiki

  • @TheENTERRAPTURE17 look how Israel controls foreign ports and the media to paint children the IDF murders as terrorists. Schools full of unarmed children murdered, called "terrorists". IDF = genocide soldiers of supreme murdering evil

    Israel is a crime against humanity

  • @TheENTERRAPTURE17 the Israel of the last 20 years is a crime against humanity. You can argue with much greater validity that previous years & incarnations of Israel are not guilty of today's war crimes.

  • Rogers is the man!

  • @joshtheobjectivist

    I owe him many thanks for steering me towards commodities many years ago. I recently returned from 45 days in Asia.

  • China was big one and a half century ago, too big, maybe accounted for 20% of the global GDP, with a trade surplus aganist UK, but China lost wars completely to the western nations, and became poor again, this time around NO DIFFERENCE.

  • @lisajason111 China lost due to the opium wars. Guess what? Now it's America's turn to be stuck on heroin & other opiates, shipping out from Afghanistan via Uzbekistan, all thanks to the CIA. You lose this time. Lose hard. China won't let that happen again.

  • @ytgv3fc7 im not sure to what extent now US citizens are addicted to drugs, but back then, from soldiers to many government officials of the Qing Dynasty were all addicted. Also, I see the US treasuries are the new opium that China is consuming. I hope China can puke them out. Lets find out what will happen to gold in 4 hrs time

  • @lisajason111 there's a reason so many Americans can tolerate the nonsense that happens to them, plus there's the additional homeless every month. Opiates make one feel warmer & reduce hunger. perfect for a cold, hungry person sleeping outside. Poppies were record crops once the Afghan war started, near zero before it, same Taliban in charge. What's that say. Gold breached 1714; sits now at 1701

  • You can also look at Silicon Valley....tons of PROFESSIONAL immigrants there who are helping fill a need that is lacking.

  • @AngryGoyim Jim Rogers lives in Singapore and travels throughout Asia and sees the benefit of restricted immigration, which has allowed a country like Singapore to go from third world country to one of the richest countries in the world. The majority of immigrants there have professional backgrounds.

  • @reasonablelogic17 lol what an idiot Singnapore has alot of thai low skilled construction and other hard labor immigrants get the facts right and immigration doesnt make a country rich its monetary policy, immigraton helps but no one would want to go to a fuked up country specially a high skilled immigrant.

  • @jezza1789 Restricted immigration is the way to go. The key word there is restricted. You don't have to give anybody citizenship to allow them to immigrate temporarily. Take workers as you need them. Send them back when you don't. Do these low skilled construction and hard labor immigrants have permanent visas ? Are they citizens of Singapore or there on working visas? Immigration helps A LOT if you know how to use it correctly. Take a look at the founders of Google and Apple for example.

  • @jezza1789 Serge Brin is an immigrant. Steve Jobs is the child of an immigrant from Syria. What America does with Europe and Asia is what it should do with people south of the border. And that is except those who are skilled workers. From there, they should except workers based on what the country needs at the moment and send them back when no longer needed. That is sensible restricted immigration policy.

  • @jezza1789 Good monetary policy does NOT make a country rich! It only preserves the wealth of a country that builds wealth. What use is a good monetary policy if you don't have immigrants such as Serge Brin, the child of an immigrant such as Steve Jobs,immigrant Jerry Yang of Yahoo and lots of other incredibly talented immigrants who help create wealth for a country?A good monetary policy with good economic and immigration policies go hand and hand. They cannot function well without each other.

  • @reasonablelogic17 I agree with most of what you say, and I think that it shouldnt be that easy for millions to come in country to work to later apply for welfare and foodstamps. That system wont last, but I disagree on you with skilled immigrants. Many immigrants came to this country poor and ignorant back when they had no welfare system, they worked hard long days which inspired them to become great like Andrew Carnigie a poor Scottish immigrant. He became the richest in the world in the steel

  • @jezza1789 (continuation) industry where he was king, hard to believe he himself was one of the hard labors who worked long hours like the thousands of men who later worked for him. There are many other examples like this of great men who were illiterate immigrants with no real skills who not only overcame adversity but became giants of industry, science and philosophy.

  • @jezza1789 There will be times when a country prospers so much that it can open its doors to a lot of immigrants and try to find great talent from poor and uneducated peopl like Andrew Carnigie,and there will be times where countries may have to close its doors to get things in order.My general feeling right now is that the US should pick and choose their immigrants who can contribute immediately and fill in the holes for jobs that cant be filled.And tell the rest, sorry, we would like you to

  • @jezza1789 stay, but we need to help our people first. We hope we can get our act together, so can open our doors once more. I'm not sure how that would play out in reality, but thats how I would want to do it. I definitely agree with you on the welfare and food stamps thing. Ca. Gov. Brown just signed its version of the Dream Act. It makes no common sense at all.

  • @reasonablelogic17

    Singapore is still a third world country with first world infrastructure!! There is legalised torture in Singapore... so fuck you!

  • Comment removed

  • I came to see what he has to say about Australia. But not much said.

  • JIM ROGERS IS BOSS!

  • jim rogers for world president!

  • china will be a superpower, they are already very powerful and influential already, their per capita gdp is only $4000 and they have this much power already, quite incredible.

    in 20 years, their power and influence will be enormous.

    all young kids should learn mandarin and learn chinese history and culture.

    we will all be living in a china dominated world in the 21st century.

  • Full of awesome information! Jim is a legend.

  • Jim is delusioned. We have immigrants in europe and its going bankrupt. You cant have immigrants in social societies.

  • @martinbelmont Germany has a trade surplus with China, that's because Germany still produces, and the reason why it still produces rather than having all of the work leave for China is because Germany opened its doors to cheap immigrant labor, which allows the costs of production to be lowered. Of-course Germany is also lowering its social obligations.

    Idea that 'social' economies need to be closed raises the question: who is paying for all those 'social' economies? It's cheap labor that pays

  • @romanmir01 Ok, but who says that it would not do better if immigrants were not there. We dont know. And how does it help germans to be wealthy if the cost of labour is down and their slarys are down. They have a good surplus but the price the people are paying is weak currence euro. So how does that benefit the average person. It does not.

  • @martinbelmont If immigrants weren't there, Germany would have been similar to US, so we know.

    It helps Germany because Germany has trade SURPLUS with China, not deficit. China has trade deficit with Germany. This helps Germany, because they are able to trade with China on equitable rights, as opposed to being dependent on it.

    It helps Germany because it provides Germany with jobs as well as with revenue. Average person is helped because there is production and choice and revenue and jobs.

  • @martinbelmont social societies are built on immigrants. You just make it more free for all to move & work & give preferential immigration to those with professional experience, investment assets and don't do the nonsense Canada does which is to now stop them from USING those degrees or assets like idiot-central-controllers.

  • Peter Schiff AND Jim Rogers losing their voices the week everything goes to shit? hmmm

  • What the frig is wrong with his suit ...someone please tell him to put some freaking comfortable clothes on before he gives himself a heart attack with that collar lol ..Im almost worried

  • @mikailmari immigrants from mexico ?lol I don't think they are good for any1

  • It is now easier to start and operate a business in China than the United States. If you are interested in running with your pet project or life long dream, China offers the lowest start up costs and a HUGE consumer population. Choose the lesser of two evils. Uncle Sam is no longer your friend...

  • @mikailmari Er, I think Mergers and Acquisition activity on Wall St driving jobs to low wage economies in South East Asia is the bigger problem for Americans. Be ready in a minute

  • @DavidAKZ Mergers and Acquisitions in Wall Street don't affect job numbers. But inflationary finance definitely does. There's a saying 'All roads lead to the Fed'. End it and you end Wall Street cartel, US government can't fund itself, it goes bankrupt, then as Jim Rogers likes to say 'we start over'.

  • @truevoice08

    The former  president of the world bank, James Wolfensohn makes stunning confessions as he addresses graduate students at Stanford University

    watch?v=mOwZwkhFemQ

    Imagination at work. GE off shores jobs to C H I N A

    watch?v=OBYSGZrPh94

    A prophetic interview with Sir James Goldsmith in 1994

    watch?v=A_hiEvTNV5k&feature=re­lated

  • @DavidAKZ I don't see how that has anything to do with mergers and acquisitions by banks. All three videos don't address the issue of contention. But maybe I overlooked, what's the gist of your argument?

  • @truevoice08 Well, if you look at American 'icons' like Apple and Cisco Systems, to grow and add new product features, they acquire smaller US companies, pay out the owners or make them managers then send the associated jobs to low wage economies in SE Asia. The mechanism that is used to do this is Mergers and Acquisitions , otherwise know as finance and law based capitalism. This is why 70% of US domestic GDP is based on consumerism and (maybe?) <10 on the manufacture of goods and services.

  • @DavidAKZ Oh I get what you're saying but I disagree that its a bad thing. There is no doubt that CERTAIN jobs are lost but others are inevitably created due to the extension of the division of labor brought about by investment of the resulting increase in consumer savings and shareholder dividends. Insofar as this does not happen empirically is due to Fed monetary policy and government regulations. It's important to identify cause and effect. Ron Paul is so clear in discussing this.

  • @truevoice08 thanks for your reply. You did not say what 'contention' was. Also I don't understand 'extension' of division of labor. As far as I know, the consequential intention of finance or law or labor based capitalism is to drive the value of labor to as close to 0 as possible

    watch?v=Rkgx1C_S6ls

  • @DavidAKZ The problem is not that businesses are outsourcing to China but that they are downsizing in the US. The two don't necessarily go together. The result of outsourcing manual labor abroad is more comfortable and higher paying office jobs at home. Insofar as this does not happen is due to inflation w/c wipes out the savings of fixed income earners and regulations that strangle employers. I take it that you're kidding about the last part. That Marxist theory is the opposite of the truth.

  • @truevoice08 sounds very much like you would take the position of Laura Tyson in the James Goldsmith interview.That somehow the outsourcing of manual labor creates higher value jobs at Apple (say)? I have to atest that having been in the technology management business for 20 years, short of becoming CTO/CIO my wages have remained static or have fallen in real terms (adjusted for inflation).

  • @truevoice08 cont. The buying and selling of houses in the Australian overinflated economy however has netted between 10 and 13% per annum in a similar period. My point is, like the US, Australia used to reward workers and savers. However the overall culture now is not to work and save, but borrow and speculate. That has ended in the US and is about to here. With 70% of US GDP based on consumerism and an unemployment rate approaching 20% are you saying all these people have low or no skills ?

  • @DavidAKZ You keep on presenting empirical evidence that I already agree with. The issue is whether that is caused by free trade per se or Federal Reserve inflationary monetary policy. My argument is that it's the latter.

  • @truevoice08

    But the "jobs that are inevitably created due to the extension...."blah blah were created in SE ASIA, where they can pay someone $3 a day with no benefits and reap obscene profits. That doesn't help the person here in america who lost their job because there is no way in this economy with prices going up every day that we can survive on $3 a day with no benefits, we aren't used to it.

  • @dishesdealer417 "pay someone $3 a day with no benefits" that's a higher wage than the worker's previous job, or else he wouldn't sign up for the new one. "and reap obscene profits." Why is profit making obscene? "That doesn't help the person here in america" Sure it does, by lowering prices of imports and creating better paying logistical work. "who lost their job " Overall? that's not because of the outsourcing. Logic trumps cheap emotional appeals any day!!!

  • @truevoice08 Bullshit mate! would you work for $3 a day. No thought not.

  • @MrMrBilko Sure, if the alternative is manual farm work with lower pay. Wages are determined by supply and demand, not the whims of the employer. Cost of living is way lower in other countries also so $3 a day is decent pay. I know economics 'mate'.

  • i love happy endings... ;)

  • I like this interview. It seems like the reporter asks questions respectfully. I wonder if this is representative of news in Australia.

  • @SunsetDetail It is, but they're too soft on politicians unfortunately.

  • @mattjay1 why is Australia obsessed by domestic politics ??

  • @DavidAKZ where scared because our politicians are fucked....mostly

  • @SunsetDetail only the ABC

  • @SunsetDetail Im an ozy. It doesnt really.....shes just good at her job....god bless

    

  • The problem with farming these days is the control corporations like Monsanto, Cargill and Dupont have on them now. GMO seeds and the various herbicides are driving the traditional farmer and methods of farming out!

  • @BlacksAreBeautiful sad, but true.

  • To compare the immigration of the 1800s to early 1900s in the U.S. to the PROBLEMATIC immigation situation now is a poor comparison. Ask Arizona residents what immigration has done for them. It's raised their crime rate and has given them the second place title for the most kidnappings of U.S. citizens in the world. I guess Rogers likes the cheap labor idea in hopes that it raises his stocks. Why would a billionaire with only a few years left to live be so consumed with making money???

  • @homechurch777 so he can talk to physically attractive personality types in the media who are much younger than him

  • It wouldn't hurt you once in awhile to lie Jim!

  • @IronicallyVague Get your ass back over to Fox

  • @1XMarksSpot - Noooooooo!! pleeeeease..

  • Immigrants in general are harder working, make more and in general more educated. Illegal immigrants and migrants, are another mater, they aren't the top 10% like legal immigrants and that's just a fact. They are driven more by economic hardships and migrant work.. They still will work harder than any native born.

    Good / Bad? In the long run any nation without fresh blood will slowly die.. Look at Italy, negative birth rates, Japan, Germany, Russia, etc.. almost entire Euro-zone is dying..

  • @ddnguyen278 Why does Europe always gets the left overs than?? Our welfare system/asylum laws have a lot to do with that. If you want to immigrate to Europe the following rules must apply; Speak English, German or French, have enough money to pay your way for at least 6 month's, no social benefits for 10 years, if you commit a crime your deported. Not more than 4 people can immigrate in one family. DNA testing is required. The rest can stay at home and rebuild their own country.

  • @Tralgit Because Europe had a long history of "Colonialism" and has lots of "ties" to those countries? You think its a coincidence that most of the immigrants to those countries came from their previous colonies? There are exceptons made for them.

    America on the other hand never had large colonial holdings. Most immigrants for the US comes from their past wars (Vietnam war), south of border (migrant labour) and economic immigrants (mostly educated Eastern Europeans, Asians and Indians)...

  • @ddnguyen278 Most of our " immigrants " are coming from countries that have one thing in common: islam, the curse of mankind. This BS story that they come from former " colonies " is just that: BS

  • @Tralgit Yes because u lived long enough to see it all eh? I guess if it happened before you were born it must not have even existed. Sorry but history books already been written and the facts on the ground already exist. You can view it through whatever angle you like.. Personally I don't care, the whole "Islam" is the "Communist" or "Jew" of yesteryear.. Could it be because most of them are "Islam" because they come from "Islamic" states? Noo... HAha oh ... whatever..

  • @ddnguyen278 Its clear you don't have any education nor knowledge of Europe, so get lost AH.

  • @ddnguyen278 then what about Black folks ?

  • Check out LIBERTARIANMONARCHY . COM , if you like Jim Rogers

  • They media and the "experts" are always pushing their paper.

    Jim Rogers is just great. Like his attitude on things and his outlook farming.

    He knows his stuff.

  • Farmland is expensive; Jim wanna give me a loan?

  • You can invest in Jim's stock - RJI

  • @mikailmari No no no my friend. Immigrants what made your country great and still is making. The educational system is the worst in the world I think. The problem is that government got too big, and large corporations became too big too fail. Banks only alive because FED pump dollars into them. The free market doesn't function anymore in your country. If you would have less regulation, less gov intervention, you would see a big sunshine. But you should persuade your elected officials.

  • @mikailmari Your problem isn't immigrants, it is poeple who don't want to work and would rather collect social security payments. We have the same problem here in the UK. Immigrants are always willing to work for less because the minimum wage (if there is one) is less in their home country.

  • Jim is the man.

  • is there a website that shows up-to-date economic data? the sites i've looked at say india's debt to GDP is 70%

  • India has 90% debt to GDP. So it isn't going to grow. Jim Rogers is a pimp, I like how he always kind of flirts with the news anchor. Buy gold if it goes down.

  • @Bhavikh Rogers could have her panties off in minutes.

  • @Bhavikh I think you mean courtesy and he obviousely did a background check on this anchor. If you watch his other vids, you will notice that he always uses the interviewer's name. Hardly flirting. He is giving you free advice, from a very successfull invester. I have profited from his advice and will continue to do so.

  • 'atta girl, tiki!

  • Immigrants are good? He has never been to Europe were we spend a fortune on every non western immigrant and still fail.

  • @Tralgit I believe what Mr. Rogers intended to comunicate is that they are productive members of all societies, but only if they are employeed and that there is no social network or social programs that they are allow draw from.

    Similar to the way it was when my grandfather came to Canada from Germany in 1948. There was no social support programs. You don't work you do not eat.

  • @OttoVonKonrad Here, Holland, they get a house for free, 800 euro's for clothing and food than there is child allowances, they average family gets about 2000 euro's per month for not working. they don't have the skills, they don't speak any Dutch, German or English. There are 74% of them in our jails and like 80% in our welfare system. They cost us about 4% of our GDP per year. Yeah; they are a real asset for the economy.

  • @Tralgit First of all, using "we" is for manipulators. YOU do not spend anything, the government spends after taking from you by force. Immigrants are NOT the problem. Nanny governments that pay immigrants and others to not work is the problem. As a result people don't save for a rainy day and avoid work and work in the black market as much as they can. I do not blame them - if they did work legally they would then be the idiots who pay for all the government excesses. They are too street smart.

  • @Tralgit

    immigration is good if you don't have a welfare system. That's how the US attracted productive, hard working people in the 19th century. Now US and Europe's welfare systems attracts mostly lazy people who want free benefits. I also agree with what Tralgit stated.

  • @Fermion5 Speaking of what I have seen not all the people immigrating to US is lazy, actually many of them work harder that the born in US, and whine less than blacks. Don't believe it? Just watch Georgia, they hunted mexican immigrants so they fled the state and when crop time came ... surprise lazy americans just won't pick them up at ANY PRICE! So now guess what... uncle sam subsidizes broke farmers for their losses. Don't you just love politicians?

  • @Fermion5 What happened to the native populations in these countries? Also migration into Europe is almost exclusively Muslim migration.I don't know if you have any experience with them but they are bat shit insane.Like today some sheep got stolen and slaughtered right there in the field, because it's some kind of bloody ritual festival and the god demands a sacrifice they can also steal from non-Muslims and rape the non-Muslim woman.

  • @Fermion5 i dont think welfare systems attracts people. i mean that is not the reason people travel across the globe in search of a better home. However it is an interesting thought that welfare just keeps people from productive work.

  • @Fermion5 Yes. If you can work illegally in a cash market business, but send your kids to a public school that does not check immigration status, then you are absolutely a drain on the rest of us who work 9-5 every day to pay for the "free" services of others.

  • @Fermion5 Not sure if I agree with you there.....I must say that i can only speak for Spain where I have lived....but the vast majority of immigrants in Spain during the bull market of the early 2000s.....contributed far more in social security than they took from it...they rolled up their sleeves and worked hard....often times in occupations that the Spanish turned their noses up on...as far as Spain goes I am sorry to inform ur opinion is not accurate

  • @Tralgit

    poor Tralgit got called out by three different libertarians. =)

  • @Fermion5 Yeah :too bad for them, they have to face reality!!

  • @Tralgit

    I am also a libertarian and I called you out as well. I mistyped when I said I agreed with what you stated. I meant to say I agreed with OttoVonKonrad.

  • @Fermion5 Well than you have to face the truth, immigration from non western countries is killing Europe ! On avarge, 350 skilled people are leaving and 500, not counting the later arriving family reunion, is arriving every week. The cost for one non western immigrant is around 300.000 euro per person.

  • @Tralgit

    my comment lines up with the facts you have laid out. Read my comment again.

  • @Fermion5 I missed your second one, !

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more