Jim Rogers rejoins the show from his Singapore office with his latest market commentary.
The crude oil market appears to be building a bottom – he expects the low to emerge this year representing a buying opportunity.
Jim Rogers finds value opportunities in the base metals and other commodities sectors.
While the US equities markets rally is impressive, our guest points to financial history, noting that 3 rate hikes spells trouble for equities.
Given investor’s distaste for US Treasuries in recent months, the go-to asset class could be come cash, Greenbacks, US dollars.
The US dollar registered a convincing technical bottom in the weekly chart last week, suggesting that the uptrend could resume in the dollar bull ETF (UUP).
Jim Rogers is concerned by comments from the new Administration suggesting the potential for trade wars, typically ending with few winners.
The discussion includes the pressing issue of financial safe havens.
The PMs gold / silver backed cryptocurrencies such as SilverBit / GoldBit offer some of the benefits of both currencies in one instrument.
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts