Speaking from Singapore, Jim Rogers was interviewed by Veronica Dagher of the Wall Street Journal. Among other things, Jim Rogers talks about currency turmoil, commodities, and Africa.
Where to invest in current markets?
In this market, Jim Rogers believes commodities will be the place to be as there are shortages among certain commodities. Specifically Jim Rogers mentions that investors will move assets into commodities as the Fed continues to print money at a frantic pace. Commodities as a whole are an asset class in which many retail investors are not too involved with and thus it is highly recommended that investors get educated on investing in commodities. A good start is reading Jim Roger's book properly titled Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market , which currently sells on Amazon.com for less than $10. Currently, Silver, Cotton, and Natural Gas are some specific commodities mentions in the most recent interview.
Jim Rogers On Currencies...
Jim Rogers believes there is going to be huge currency turmoils and the opportunity arises. Currently, Jim Rogers favors Asian currencies as that's where the assets are. Specifically, Jim Rogers favors the Chinese Renminbi and states that it has a "phenomenal future" but expect it to fluctuate every once in a while.
Africa and Commodities
Jim Rogers believes Africa is an untapped resource and will be a major player 10-20 years down the road due to commodity shortages around the world. Jim Rogers highly reminds the public to do their homework when investing in Africa. There are plenty of ways to invest in Africa such as buying public Chinese companies who are currently investing large amounts of assets in African resources. Besides China, Japan and other Asian companies are down there because Jim Rogers believes there will be "phenomenal opportunities" in the African continent as natural resources exist in all 50 countries on the continent.
Where to invest in current markets?
In this market, Jim Rogers believes commodities will be the place to be as there are shortages among certain commodities. Specifically Jim Rogers mentions that investors will move assets into commodities as the Fed continues to print money at a frantic pace. Commodities as a whole are an asset class in which many retail investors are not too involved with and thus it is highly recommended that investors get educated on investing in commodities. A good start is reading Jim Roger's book properly titled Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market , which currently sells on Amazon.com for less than $10. Currently, Silver, Cotton, and Natural Gas are some specific commodities mentions in the most recent interview.
Jim Rogers On Currencies...
Jim Rogers believes there is going to be huge currency turmoils and the opportunity arises. Currently, Jim Rogers favors Asian currencies as that's where the assets are. Specifically, Jim Rogers favors the Chinese Renminbi and states that it has a "phenomenal future" but expect it to fluctuate every once in a while.
Africa and Commodities
Jim Rogers believes Africa is an untapped resource and will be a major player 10-20 years down the road due to commodity shortages around the world. Jim Rogers highly reminds the public to do their homework when investing in Africa. There are plenty of ways to invest in Africa such as buying public Chinese companies who are currently investing large amounts of assets in African resources. Besides China, Japan and other Asian companies are down there because Jim Rogers believes there will be "phenomenal opportunities" in the African continent as natural resources exist in all 50 countries on the continent.
