For a month or so former chancellor Jim Rogers has been taking on Steven Horsford. Rogers used to be the chancellor of higher education for 5 years. Moreover, he is the owner of the NBC television in Nevada, along with other stations all over the country.
Rogers stroked Horsford with a negative comment on Twitter because apparently Horsford never returned his call for a meeting 3 years ago.
In a recent interview Rogers talked about his annoyance with Horsford. The only crime which Steven seems to have committed is not returning a call. But Jim Rogers is of the opinion that Horsford is a con man and a fraud because he promises things which he afterwards does not do.
Rogers is annoyed because he thinks that Horsford should have returned his call since he is working for the whole state, including Rogers. Moreover, former chancellor Rogers seems to think that it would have been better if Hosford had sought him for advice.
Jim also criticizes Steven for not being able to increase the education funding during his 4 years in the state Senate as a majority leader. When asked about Jerry Tarkanian, Rogers said that he was one of Jerry’s biggest supporters.
Jim Rogers is a firm believer that Southern Nevada has suffered from the state’s funding for higher education with the amount of nearly 600 mil dollars over the past thirty years, blaming Steven Horsford for not doing what he has to.
Jim Rogers`s Investment Commentary - Tracking Rogers`s Media Appearances And Market Commentary
Sunday, September 30, 2012
Tuesday, September 25, 2012
Prepare for the recession, get some agricultural commodities and silver, urges Jim Rogers
The recession is coming, there is no way to prevent it, warns renowned investor Jim Rogers. For couple of months the chairman of Rogers Holdings and Beeland Interests, Inc. is calling for recession. The reason for this is that he feels United States' enormous debt levels and upcoming fiscal cliff will propel into yet another economic spiral.
Jim Rogers stated his opinion that the next two years - 2013 and 2014 will be worse than the fallout four years ago in 2008. The Federal Reserve has announced an extremely aggressive QE3 and that forced Rogers to become extremely bearish on the U.S. dollar. In the investments guru's opinion, it will suffer the same losses that the pound sterling did years ago.
But there is something we can do about the upcoming fall as Jim Rogers shared his ideas how to overcome the recession. He advices to go for agricultural commodities. Based on history, Rogers feels these assets are depressed and that they will have plenty of room to run given rising demand for food around the world.
Second, Rogers stated that he likes silver better than gold as he feels it to be undervalued by comparison. The bull market in gold won’t end until it too reaches a bubble sometime near the end of the decade, so there is good chance to win if you bet on silver.
And lastly, Rogers has been boasting two foreign currencies. His eyes are set on Asia and he considers Japanese yen and Chinese renminbi as good investment. Mr. Rogers is not worried about a China slow-down in the last year.
Jim Rogers stated his opinion that the next two years - 2013 and 2014 will be worse than the fallout four years ago in 2008. The Federal Reserve has announced an extremely aggressive QE3 and that forced Rogers to become extremely bearish on the U.S. dollar. In the investments guru's opinion, it will suffer the same losses that the pound sterling did years ago.
But there is something we can do about the upcoming fall as Jim Rogers shared his ideas how to overcome the recession. He advices to go for agricultural commodities. Based on history, Rogers feels these assets are depressed and that they will have plenty of room to run given rising demand for food around the world.
Second, Rogers stated that he likes silver better than gold as he feels it to be undervalued by comparison. The bull market in gold won’t end until it too reaches a bubble sometime near the end of the decade, so there is good chance to win if you bet on silver.
And lastly, Rogers has been boasting two foreign currencies. His eyes are set on Asia and he considers Japanese yen and Chinese renminbi as good investment. Mr. Rogers is not worried about a China slow-down in the last year.
Етикети:
agriculture,
Chinese renminbi,
gold,
Japanese yen,
Jim Rogers,
silver
Monday, September 17, 2012
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.
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.
Етикети:
Jim Rogers,
president elections,
Russian markets,
USA markets
Thursday, September 13, 2012
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.
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.
Tuesday, August 28, 2012
Tuesday, August 7, 2012
Jim Rogers: If you’re worried about evil speculators making money, go to the field and drive the price down
The prices of corn, soybean and other basics skyrocket in the U.S. after the most severe drought in decades that are all across the Midwest. Certainly this news is very bad for all the consumers, but there are people that are very happy about this situation. The finance guru Jim Rogers is one of them and while others suffer from the drought, he is making serious money.
The commodities trader Rogers admits, that he is ecstatic to see prices going higher because that might save the day.
The commodities trader Rogers admits, that he is ecstatic to see prices going higher because that might save the day.
Sunday, August 5, 2012
Jim Rogers: Much bigger problems around the globe than the drought in the US
The international investor and commodities guru Jim Rogers warned that there are larger problems in the global agriculture than the drought in the United States. The problems in the US are very serious since the Midwest is facing a crisis following the lack of rains that is causing soybean and corn crops to wilt.
Although that the current temperatures in some regions of the United States are exceeding the records from the Dust Bowl era, Rogers believes that these problems are nothing compared to the larger problems in the global agriculture as a whole.
Although that the current temperatures in some regions of the United States are exceeding the records from the Dust Bowl era, Rogers believes that these problems are nothing compared to the larger problems in the global agriculture as a whole.
Friday, June 22, 2012
The RICI Committee Adjusts Index Weights
The RICI Committee decided to delete TGE Azuki Beans (0.15% Index Weight) and to increase the Index Weight of CBOT Soybeans from 3.35 to 3.5%. These are the adjustments to the Rogers International Commodity Index® (RICI®) announced today by Jim Rogers and Beeland Interests, Inc.
These adjustments will be implemented during the June 2012 roll period, which roll period occurs at the end of June 2012, and will be re-evaluated by the RICI Committee at its next annual meeting planned for December 2012.
Jim Rogers, an advocate of commodities-based investing, created the RICI in 1997 and 1998 and is the CEO of Beeland Interests, Inc., the owner of the Index which was launched with real money on August 1, 1998. The RICI Committee, currently chaired by Jim Rogers, determines the Index components and weights.
The RICI represents the value of a compendium (or "basket") of globally traded commodities (37 commodity futures contracts, upon implementation of these changes) employed in the global economy, ranging from agricultural and energy products to metals and minerals.
The RICI and its various sub-indexes are used by many investment banks and investors throughout the world. As of the end of May 2012, the RICI had increased by over 235% since inception.
Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator and successful international investor. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance.
Wednesday, June 20, 2012
Jim Rogers reveals the long-term profit potential of the Grain ETF
Jim Rogers, who describes himself as a "hard-core unemployed, international investor" and author of "A Gift to My Children", have invested heavily in grains, but the trend has not been a friend for shareholders in the grain ETF iPath DJ-UBS Grains TR Sub-Idx (JJG). The legendary investor is so bullish on grains and other agricultural commodities that there is a grain ETF (RJA) that tracks his investments. That is small comfort however, for shareholders of grain ETF JJG, which is down almost 13% for the last 52 weeks of market action. For the last week, JJG is down 3.3%.Monday, June 18, 2012
If price goes down you should buy a lot of oil, advices Jim Rogers
Jim Rogers shared his view that oil is a good investment over the long haul. He explained that the price of oil may well go down for a while. The reason for that is because China is slowing down, India is slowing down, a lot of places are slowing down. But Rogers believes that over a decade the price of oil is going to go through the roof.
In his opinion, the surprise is going to be how high the price of oil stays and how high it goes. Jim Rogers insured himself with the statement that this doesn’t mean it cannot go to $70 in the meantime. But if it does, the investor advises, to buy a lot of oil. He added that if the gold goes down, he will buy more.
Subscribe to:
Posts (Atom)





