February 3, 2011
"I don't own very many equities. I don't know what's going to happen but I expect more currencies turmoil, more social unrest, more governments collapsing so I invest more in currencies and commodities than stock." - in CNBC
February 2, 2011
"Jim Rogers speaking to investors in Amsterdam this morning, said that gold is still far from being a bubble and investors should sell bonds and buy precious metals. The chairman of Rogers Holdings, who predicted the start of the global commodities rally in 1999, said that "gold should have a rest but it's far from being a bubble yet."
"Gold will have reached an unbelievable price before it starts falling," Rogers said, who owns gold but prefers silver due to it remaining cheap relative to gold and cheap on a historical basis.
Rogers recently said "silver is going up, but silver is 40 percent below its all time nominal high. Yes, commodities have been going up recently, but they are still extremely depressed on a historic basis."
February 2, 2011
"The Chinese have been saving and investing over 35 percent of their income and the United States has been saving and investing two percent of our income. We've been borrowing and consuming. They've been saving and investing." - in AllVoices.com
February 1, 2011
"Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can." - in Business Week
January 31, 2010
“If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money, and that’s how you protect yourself”- in CNBC
"Most governments acknowledge it - India, China, Norway, Australian, Taiwan - it is only the UK and the US who say there is no inflation, but they lie about it." - in CNBC
January 27, 2010
“Throughout history, go back and look, you know we had huge inflation in the 70s, stocks were not in a good place to be. This is the time when you should own real assets, not stocks and bonds.” - in CNBC
January 22, 2010
Those reserves off the coast of Brazil are wonderful if you own them, but even the wildest and most optimistic estimates would only add one year's reserves to the world. The world is using 86 million barrels of oil everyday Justin. Even if it stays static or goes down a little bit, those finds off Brazil will make somebody rich, but they are not going to solve the world's problems. And, if you know of a lot of oil in the Arctic, please tell us where it is, but it is going to be very difficult to get it out of there. - in a BBC news interview