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Jim Rogers: Markets Have ‘A Lot Further to Fall’

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By Barry Ritholtz - November 3rd, 2008, 11:30PM

Jim Rogers, chairman of Rogers Holdings, talks about the U.S. government’s rescue of troubled banks, the outlook for U.S. stocks and investment strategy. NewEdge-Cube Division’s Mark Hawkinson also speaks.

click for video

00:00 Need to allow U.S. banks to fail; Japan
04:02 “Close” Fed and “crisis takes care of itself”
05:54 Strategy; gold; “more problems” for markets
08:34 Investing in oil, agriculture; Treasuries
11:23 Picks: China, agriculture, non-U.S. airlines
12:21 “My plan is to get out of the dollar…”

Running time 13:06

Source:
Jim Rogers Says Markets May Go `A Lot Further Down
Bloomberg, November 3, 2008 10:51 EST

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8OW0fN0Rjfw

PERMALINK
Category: Investing, Trading, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Jim Rogers: Markets Have ‘A Lot Further to Fall’”

  1. Chuck Ponzi Says:
    November 4th, 2008 at 2:10 am

    This is indeed the same Jim Rogers that piled into Shanghai right as the bubble there was peaking.

    He’s talking his book, hoping that someone will come bail him out.

    Jim, timing is everything.

    Chuck Ponzi

  2. apt333 Says:
    November 4th, 2008 at 12:28 pm

    To use my favorite McLaughlin Group expression, he shows a keen grasp of the obvious on the Japanese and South Korean experience and the mismanagement of the TARP plan to date.

    The question is asked but never answered, why do they have this guy on regularly? To appease the clamors from the vocal minority of bow tie wearers?

    Closing benediction “Jim, Great to have you on the program” Yes indeed, great to get the “clear” signal from one of the best contrarian indicators.

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