The Julia La Roche Show, Released on 11/29/24

Legendary investor Jim Rogers, co-founder of the Quantum Fund with George Soros and author of multiple bestselling books including “Street Smarts” and “Investment Biker,” returns to the Julia La Roche Show (Ep. 215) with a stark warning about America’s debt crisis and market euphoria. Speaking from Singapore, Rogers shares why he’s recently cut back his positions “enormously,” explains his continued investments in China and Uzbekistan, and offers a sobering perspective on America’s $200+ trillion in total obligations (this includes off-balance sheet debt). While not yet shorting markets, Rogers cautions that current market complacency reminds him of previous peaks, and explains why he’s holding U.S. dollars despite long-term concerns about America’s financial future.

00:03 Introduction and welcome Jim Rogers
00:56 Big picture view on markets and economy
02:31 Discussion of market bubble conditions
03:22 Recent portfolio reductions
04:27 China and Uzbekistan investments
07:36 China market outlook
09:24 Signs of market hysteria to watch for
11:37 Reaction to election and market complacency
14:04 U.S. debt situation ($200T+ including off-balance sheet)
17:11 U.S. dollar outlook and safe havens
19:03 Views on Bitcoin and cryptocurrencies
20:50 Gold vs. silver investment thesis
22:29 Bond market outlook and inflation
24:27 Federal Reserve rate cuts discussion
26:36 Long-term investment trends
29:26 Discussion of new tariff proposals
31:06 Department of Government Efficiency outlook
33:29 Final thoughts and personal debt warning

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.

  economy, inflation, investing