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Canadian Value
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The Outlook for 2013 from Jim Rogers

January 03, 2013 | About:

What does Mr. Rogers see for 2013? Here are the highlights:

- He correctly calls a short-term resolution for the fiscal cliff triggering a short-term market rally.

- Rogers thinks that we have real fundamental problems that need to be addressed.

- He thinks the market is going to start to realize the extent of the problems in the fall of 2013.

- He is being cautious with gold because it has been up for 12 years in a row which is very unusual. He expects gold to go up over the medium term but believes a correction is inevitable.

- He cautions real estate investors to be careful because interest rates are going to go considerably higher which has to negatively impact interest rates.

- He names some interesting countries that he is bullish about which include Myanmar, Angola, Tanzania and Ethiopia.

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