Jim Rogers: Euro doomed but 'I bought some recently'

achilles28 · Jul 15, 2010

He's a good investor. Why the mad hate?

His calls usually turn out well. Sometimes early, sometimes late. Most often, right.

Debaser82 · Jul 15, 2010

Quote from achilles28:

He's a good investor. Why the mad hate?

People think he doesnt trades. (Which he admits!)

People say he never admits being wrong. (He as often admitted being wrong)

People say those who listened to Rogers got wiped out. (Rogers states each interview people shouldnt listen to him!)

He has been saying the same thing for at least 10 years. (This is true.)

Personaly, I think he is the best.

You should download his biker books in audio issue...

Very funny..

achilles28 · Jul 15, 2010

Quote from Debaser82:

People think he doesnt trades. (Which he admits!)

People say he never admits being wrong. (He as often admitted being wrong)

People say those who listened to Rogers got wiped out. (Rogers states each interview people shouldnt listen to him!)

He has been saying the same thing for at least 10 years. (This is true.)

Personaly, I think he is the best.

You should download his biker books in audio issue...

Very funny..

Good post. I casually follow Jim. Often, calls will go his way immediately (late), or after a week or two (early). He was short US financial/housing, long gold, short euro after Greece, long euro at 1.20'ish. These are good calls. With decent risk control, he made a bundle. Just Lehman and the GSC's, he made a killing. A killing.

HiddenAgenda · Jul 18, 2010

Jim Rogers is a well-known economic philosopher, and his thoughts about the Euro should be taken seriously.

HiddenAgenda
http://dr-morpheus.blogspot.com/

Cdntrader · Jul 18, 2010

Quote from Jt mcmasters:

His days of respect are numbered

He would have been wise to step out of the spotlight years ago.

LOL his calls only get better imo

He should have his own show on CNBC - Sane Money.

piezoe · Jul 18, 2010

One of the very few investment guru's I pay any attention too. He is a very, very smart guy, in my opinion, but more important is his comprehensive knowledge of the commodities markets. That was made clear to me when I read his book: "Hot Commodities."

Debaser82 · Jul 18, 2010

http://www.youtube.com/watch?v=FC120iUmraw&feature=related

Great recent Rogers interview where the interviewer asks more interesting questions then: "Jim, you think stocks are a buy here?"

David70 · Jul 18, 2010

Quote from Kassz007:

What a joke. No matter what the euro does people will say "See! Jim Rogers was right!".

Jim Rogers or JR! also said Dollar is doomed 1 week before this and he is buying dollars on CNN china. WTF, great way to promote himself, 2 channels 2 opposite trades!!!

piezoe · Jul 20, 2010

Think about it. Both can be true. The dollar can be doomed, while at the very same time, now can be s good time to buy dollars. It is a matter of getting the timing right.

tmarket · Jul 20, 2010

Quote from piezoe:

Think about it. Both can be true. The dollar can be doomed, while at the very same time, now can be s good time to buy dollars. It is a matter of getting the timing right.

http://www.google.com/search?client=opera&rls=en&q=jim+rogers+"not+a+market+timer

Most of his calls are market timing calls, yet he says he is not a trader...
For example:

Jim Rogers: ... you know Iâm not a market timer or a trader. I know that the IEA recently came out with a study which showed that the world's oil reserves are declining at a rate of 6.7% a year and that's after it's been discovered. So Louisa it doesn't take much, you can figure out that in 15 years as not to be any oil at any price unless somebody finds a lot of oil very quickly. I bought more oil recently, more energy recently, it doesn't mean it won't go to 30 or 20.