Jim Rogers: Beware of Wild Money Printing

The election results in the United States of America set analysts on fire as they started to spread all kinds of predictions on how they think the next four years will go. Barack Obama securing a second term made some optimistic, while others are quite fearful. Among the second group is Jim Rogers, as his recent comments show little confidence in the USA economy and in the future. The world famous investor Jim Rogers was quoted as saying that he feels money printing is going to run amok now. He added that he had to invest based on what’s happening and not what he would like. An Obama victory has many worried that rampant money printing will continue, as the open-ended QE3 from the Fed has been met with much opposition. Still, monetary policy is at the will of the Fed, not Obama. Bernanke’s term does not end for another two years, so a Romney victory would likely have had little sway over the current policy.

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.