Jim Rogers sees no difference in post-election USA

The world famous investor Jim Rogers is very well known about his negativity towards U.S.A. So, it came as no surprise his predictions for the upcoming elections for president of the States. According to Rogers, the main thing that separates the two candidates for the White House is that "one comes from Chicago and the other comes from Boston". Apart from this, Mr. Rogers sees no fundamental difference in how things will be in the States post-election.

He once again backed his predictions that the Russian markets are far more lucrative than the American. His outlook is fundamentally negative and his interest in the Russia is evidence of the ongoing need for investors to look to emerging markets for future investment returns.

Given Rogers negativity toward the U.S. and his recent and increasing interest in Russia, if he is proven correct, then both RSX and RSXJ may be good candidates for investment. And with Russia been less affected by Europe by the crisis there is no reason the Russian market cannot flourish, if the country continue with a proactive agenda of reform and investment.

Jim Rogers advices investors to consider Russia

Something interesting is going on in Russia and Jim Rogers warned the investors not to miss the chance to explore the significant opportunities out there. The famed investor was on a recent visit to Russia and stated that although he refers to Vladimir Putin as a criminal, the president of the country has influenced great progress in the former socialist country.

Jim Rogers pointed out a pool of billions of dollars the government has set aside for investments to be made alongside private investors. He cited his own assessment of the low valuation of the Russian market along with an unfortunate concentration in oil and gas. Although Mr. Rogers is yet to invest in the Russian market, he currently considers it heavily.

Rogers thinks that the country has learned its lessons from the past. This makes it a great investment in the future and Rogers says he is interested in buying the ruble. His ideas were backed up by Todd Berman, Head of Investment Banking at Troika Dialog, who expressed his opinion that Russia's recent entry into the World Trade Organization is a major accomplishment which will help advance reforms that should propel the Russian economy forward.