{"id":278,"date":"2011-03-02T11:30:42","date_gmt":"2011-03-02T10:30:42","guid":{"rendered":"http:\/\/winonmarkets.net\/wp\/?p=278"},"modified":"2011-03-05T16:58:46","modified_gmt":"2011-03-05T15:58:46","slug":"rogers-says-hes-short-emerging-market-nasdaq-stocks","status":"publish","type":"post","link":"https:\/\/winonmarkets.net\/wp\/2011\/03\/02\/rogers-says-hes-short-emerging-market-nasdaq-stocks\/","title":{"rendered":"Jim Rogers Says He&#8217;s `Short&#8217; Emerging Market, Nasdaq Stocks"},"content":{"rendered":"<p>Jim Rogers appeared on Bloomberg Television in Singapore a few days ago. Whilst Bullish commodities as usual he did also mention a few of his short trades. To learn more about how to trade commodities,shares, currencies and more please go to <a href=\"http:\/\/www.winonmarkets.net\/2011\" target=\"_blank\"><strong>winonmarkets.net <\/strong><\/a><\/p>\n<p>Here is what he said:<\/p>\n<p>\u201cThe world is running out of known reserves of oil. It\u2019s a simple fact.\u201d<\/p>\n<p>\u201cSaudi Arabia has been lying about their (oil) reserves for decades,\u201d said Rogers. \u201cThe reason oil is going up is the world is running out of known reserves of oil.\u201d<\/p>\n<p>\u201cIn bull markets things go to prices which nobody can conceive of. I\u2019m the bull, and I\u2019m telling you, at one point I\u2019m going to sellout and then they\u2019re going double again. In the bull market in stocks, who would\u2019ve thought that CISCO would have gone up a hundred times. It did. That\u2019s what happens at the end of a bull market and that\u2019s what\u2019s going to happen at the end of the bull market in commodities. It\u2019s still several years away.\u201d<\/p>\n<p>\u201cGold will go to $2000 in this decade. It\u2019s pretty simple as far as I\u2019m concerned.\u201d<\/p>\n<p>\u201cSilver will certainly go over $50. The old high on silver was $50. Silver will go to new highs again. All these prices are going to go to absurd levels by the end of the decade, by the end of the bull market.\u201d<\/p>\n<p>\u201cHuge bull market in agriculture. Agriculture prices are still extremely depressed on a historic basis. You know, the price of sugar has gone up 600% in the last 6 years, 5 years. It is still 50% below its all time high. 50% below its all time high. The scope for price increases in agriculture is staggering.\u201d<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" width=\"480\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/Kb1FLSt0hH4\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>\u201cIn a bull market I don\u2019t want to be short or to avoid anything when a\u00a0secular bull market is taking place. I will hedge myself by shorting something. I\u2019m short emerging markets, for instance, right now. I\u2019m short NASDAQ stocks, for instance, right now. So in the bull market you dont want to avoid. You want to own everything, even the ones you think are bad, because that\u2019s where the great gains are, and you hedge yourself by shorting or selling something else.\u201d<\/p>\n<p>\u201cI don\u2019t know what\u2019s going to happen to the world economy. I know if the economy gets better, I\u2019m going to make money in commodities. If it doesn\u2019t get better, I\u2019m going to make money in commodities because they\u2019re going to print money, print huge amounts of money. But I need a hedge and that\u2019s why BBVA and Citic and I have come up with this new index.\u201d<\/p>\n<p>\u201cYou see what\u2019s happening to agricultural prices. You see what\u2019s happening to oil prices. You see what\u2019s happening with metals prices. This has got a long way to go and that\u2019s the major shift that\u2019s taking place.\u201d<\/p>\n<p>\u201cI own some dollars now because there was a big panic, a huge drop in the dollar, and I stepped in and I bought some more dollars. I do sometimes like to buy things when they collapse. Sometimes I get it right. Sometimes\u00a0 I don\u2019t. Sometimes I lose money. But at the moment I own some dollars.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Rogers appeared on Bloomberg Television in Singapore a few days ago. Whilst Bullish commodities as usual he did also mention a few of his short trades. To learn more about how to trade commodities,shares, currencies and more please go &hellip; <a href=\"https:\/\/winonmarkets.net\/wp\/2011\/03\/02\/rogers-says-hes-short-emerging-market-nasdaq-stocks\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10,18,6,12,34,9,61,16,11,63,49,15,62],"aioseo_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/posts\/278"}],"collection":[{"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":8,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/posts\/278\/revisions"}],"predecessor-version":[{"id":280,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/posts\/278\/revisions\/280"}],"wp:attachment":[{"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/media?parent=278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/categories?post=278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/winonmarkets.net\/wp\/wp-json\/wp\/v2\/tags?post=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}