Showing posts with label Jim Rogers July 2012. Show all posts
Showing posts with label Jim Rogers July 2012. Show all posts

Wednesday, July 11, 2012

Jim Rogers @July 2012: When things are collapsing, all sorts of strange things happen

 Oilprice.com: I read a report by the Economist Phil Verleger, who thinks that the Saudis' massive increase in oil production, along with other economic problems could cause oil prices to crash to $40 a barrel oil and $2 a gallon gasoline by November. Do you think this is a reasonable forecast, and we could see oil at these levels? 
Jim Rogers: We could see anything. We certainly saw lower prices than that back in 2008 when there was a collapse. When things are collapsing, all sorts of strange things happen. We found that out in 2008, and we will probably find out in the future, as well. If oil does go to $40, that means it'll just be setting up an even more bullish scenario for the duration of the bull market.-in Oil Price

Monday, July 2, 2012

Jim Rogers : Natural Gas closer to the bottom than the top

Jim Rogers : “I want to own real assets. I want to invest in companies that produce real goods. Shortages are getting worse, not better.” He would rather own natural gas at these prices than shorting the commodity. Jim Rogers thinks we’re closer to the bottom than the top in natural gas. - in ETFtrades