Has capitalism lost its compass?

 Has capitalism lost its compass? How should capitalism be defined? How flawed is the system and could it still be revived? And is there any real alternative to capitalism? Peter Lavelle is discussing these issues with his distinguished panelists at the APEC 2012 summit hold in Vladivostok. Jim Rogers and Artyom Volynets are there to defend capitalism in its modern form, while Chandran Nair and Frank-Jurgen Richter are arguing that capitalism has indeed lost its compass.



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Suspect That The Euro Will Not Survive

You have got countries that are essentially bankrupt. The solution to too much debt is not more. I suspect that the euro will not survive. - in ETF Daily News



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Next Recession Is Going To Be A Whole Lot Worse

We had a recession in 2002, and it was worse in 2007-08 because the debt was so much higher. Next time is going to be a whole lot worse because the amount of debt is staggering. We’ve shot our bullets. What more can they do...quadruple the debt again? - in Reuters





Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Farming Can Once Again Be One Of The Great Areas Of The World Economy

Farming can once again be one of the great areas of the world economy as economies of scale come into play, higher prices come into play, and technology comes into play. Few are rushing out to buy a farm yet; but it will come. - in MarketWatch



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

MBA`s & Farming Degrees

Someday it's going to be that America will be producing tens of thousands of agriculture graduates, as we did once upon a time, and there are not going to be many MBAs. - in PR Newswire


Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Finance: It Has Always Worked This Way

When I went to Wall Street in the 60`s nobody went to Wall Street. In the 50`s, 60`S, and 70`s, Wall Street was not important. Then we had a big bull market for 30 years and it became extremely important. Everybody got an MBA and everyone wanted to go into finance. But that has happened many times in history.
In the beginning of the 20th century, for the first 30 years of the 20th century, finance, they were the kings, they ruled everything. Then we had the big collpase in the 30`s and it became disastrous again until the 80`s. It has always worked this way. - transcript from a recent interview




Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Gold`s Unusual Price Behavior

It's extremely unusual for any asset in history to move higher for 11 straight years. That's why I expect the recent correction in gold to continue. - in Stock House
Related, SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)


Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Crude Oil: If Anything Makes It Go Down, Buy It

The surprise with oil is going to be how high it stays and how high it goes. We are running out of known reserves of oil. There may be a lot of oil in the world. If there is, we just don't know where it is. So prices are going to stay high and go much higher.

If America goes to war with Iran, they are going to skyrocket. If there is a big surprise, if Spain suddenly goes bankrupt out of the blue, then oil prices will collapse. If the prices collapse, I would suggest you to buy more. If there is anything that makes it go down, I would suggest buying it because until we find a lot of oil, prices will stay high and go much higher. - in ET.com 

Related: United States Oil Fund ETF (USO), Conoco Phillips (COP), Exxon Mobil (XOM), Marathon Oil (MRO)



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Sugar Is Going To Be Much Higher Over The Next Decade

I have no idea what is going to happen in 2012, but again sugar is going to be much higher over the course of the next decade or so. Sugar is down about 70% or 75% from its all-time high. Sugar has been amazingly depressed in the past three-four decades. So sugar is going to go much much higher before this bull market is over. I do not have a clue for what happens this year. - in Economic Times



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investing in Russia For The First Time

"I do not invest in Russia now, but for the first time in my life I have started considering it." - in The Moscow Times

Related:  Market Vector Russia ETF Trust (RSX)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Has capitalism lost its compass?

Has capitalism lost its compass? How should capitalism be defined? How flawed is the system and could it still be revived? And is there any real alternative to capitalism? Peter Lavelle is discussing these issues with his distinguished panelists at the APEC 2012 summit hold in Vladivostok. Jim Rogers and Artyom Volynets are there to defend capitalism in its modern form, while Chandran Nair and Frank-Jurgen Richter are arguing that capitalism has indeed lost its compass.



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Suspect That The Euro Will Not Survive

You have got countries that are essentially bankrupt. The solution to too much debt is not more. I suspect that the euro will not survive. - in ETF Daily News




Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Next Recession Is Going To Be A Whole Lot Worse

We had a recession in 2002, and it was worse in 2007-08 because the debt was so much higher. Next time is going to be a whole lot worse because the amount of debt is staggering. We’ve shot our bullets. What more can they do...quadruple the debt again? - in Reuters



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Silver Needed A Setback And A Consolidation.

Markets correct all the time. Silver went down a great deal but if you raise margin requirements 150-200 per cent you would expect there's something to collapse. It's good for the market as far as I'm concerned. Silver especially needed a set back and a consolidation. I'm delighted to see everything. - in www.theglobeandmail.com

Related ETFs: IShares Silver ETF (SLV), Hecla Mining (HL), Silver Wheaton (SLW)


Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

No Bubble In Silver, No Bubble In Commodities Yet.

I hardly see how silver could be a bubble when, even at its top, it's still below it's all-time high. That's not much of a bubble. A bubble is when things are screaming up every day and they go to new highs, two to three times their old highs. We'll have a bubble, we'll have a bubble in commodities, we're not there yet.

Related ETFs: IShares Silver ETF (SLV), SPDR Gold ETF (GLD), United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (RJA), United States Natural gas Fund (UNG), Powershares DB Agriculture Fund (DBA



Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Bond Bull Market Is Coming To An End

I will be shorting US bonds. I would probably be doing it today if I weren't here. Bonds in the US have been in a bull market for 30 years. In my view that's coming to an end...the bond bull market is coming to an end. If any of you have bonds I would urge you to go home and sell them. If any of you are bond portfolio managers I would get another job. - in a conference in Edinburg today

Related: ProShares UltraShort 20+ Year Trea (ETF) (Public, NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (Public, NYSE:TLT), iShares Lehman 7-10 Yr Treas. Bond (ETF) (Public, NYSE:IEF)


Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Yuan : Safest Investment

"One of the safest investments I see is the renminbi." - in a conference in Edinburgh today

The Demise Of The Central Bank

Bernanke will be remembered as “the guy who set the stage for the demise of the Central Bank in America. We've had three central banks in America. The first two disappeared. This one's going to disappear too in the next decade.” - in Mineweb

When It Pops, It`s Not Going To Be Fun

“When it pops, when this artificial sea of liquidity dries up, it’s not going to be fun. But I don’t see any reason why it will stop anytime soon.” - in Money News

India: The Situation Is Not Getting Better

"I have not seen any good Indian government for a long time, as India's debt situation continues to mount, higher inflationary pressure persists and balance of trade continues to get worse." - in Economic Times