Buy Commodities....

and the US Fed should shut down... "Legendary Investor" Jim Rogers interview on Bloomberg. Jim Rogers also mentioned previously that government bailouts will cause hyperinflation. He's right many times...



Price of major commodities from early 2008 to current time (17:20pm +8:00 GMT):


Charts created from NextVIEW Advisor Professional

N.I.N.E.

US more communist than China...

The US market rebounded aggressively on Friday because of investors confidence on the bailout by the US Fed on Fannie Mae and Freddie Mac, which star investor Jim Rogers describes as a decision "more communist than China right now... read more at Roger on CNBC.

Here is an excerpt from an interview with Jim Rogers from CNBC;

The nationalization of Fannie Mae and Freddie Mac shows that the U.S. is "more communist than China right now" but its brand of socialism is meant only for the rich, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe on Monday.

"America is more communist than China is right now. You can see that this is welfare of the rich, it is socialism for the rich… it's just bailing out financial institutions," Rogers said.

Investor extraordinaire Warren Buffet however, said otherwise. He said that the Fed "Did exactly the right thing".

From CNBC,

In stepping in to bail out and recapitalize collapsing home mortgage giants Fannie Mae and Freddie Mac, Treasury Secretary Hank Paulson "did exactly the right thing," said billionaire investor Warren Buffett.

"I wouldn't change anything in the plan myself," Buffett said in an interview on CNBC. He said he expects this step will go a long way in calming the market and resolving the ambiguity surrounding the two companies.

Read more here.

Jim Rogers in Bangkok, Thailand

Jim Rogers needs no introduction to the financial markets. He is one of the "best thinkers" of the financial markets.

James B. Rogers, Jr. (born October 19, 1942) is an American investor and financial commentator. He is co-founder, along with George Soros, of the Quantum Fund, and is a college professor, author, world traveler, economic commentator, and creator of the Rogers International Commodities Index (RICI). Read more about him on wikipedia.

Jim Rogers in Bangkok, Thailand

The Agricultural Futures Exchange of Thailand (AFET) is bringing this legendary investor/trader to bangkok on the 21st of August 2008. He will be presenting in an Executive Dinner talk with the title "Commodities: The Thailand opportunity " from 6:00 pm to 9:30 pm.

So, if want to know what this financial "oracle" has in store in commodities for Thailand, make sure not to miss this one-of-a-kind opportunity to attend this talk. Tickets and more information are available HERE.

Here are some recent thoughts from Jim Rogers:

About Gloomy Markets
Here's a quote from Jim Rogers in a recent interview with ResourceInvestor. "What’s gloomy? Hold on. What’s gloomy? That was gloomy for Wall Street. I told you if you’re a farmer, you’re about to get rich..." Read more here.

What are his investments now?
Short on banks, investing in airlines. Read his recent interview here on CNBC.



On Fed's move, credit and mortgage crisis, inflation , the finance industry and Frannie May/Freddie Mac.

The goverment is forming a disaster for America, with mistakes after mistakes... Read another recent interview here on Bloomberg

Catch Jim Rogers in Bangkok on 21 August 2008. CLICK HERE.