+49 30 6521 24928 (GER / ENG) support@bar9.com

Silver Bug Profile: Jim Rogers

JP Buntinx
May 20, 2020

Finding people who are bullish on gold is not a difficult task these days. When it comes to silver bugs, that situation is a bit different these days. Jim Rogers – full name James Beeland Rogers Jr. – certainly falls into this category following some recent comments made by him.

Jim Rogers in Business

It is evident that silver bug Jim Rogers has had a very storied career over the past few decades. Not only did he join a Wall Street firm at the age of just 22 – quite a feat in 1964 – he also became part of an investment bank several years later. In between these two stints, Rogers also served in the Vietnam War. 

His career took an interesting turn in 1973 when he founded Quantum Fund with George Soros. The portfolio of this company gained 4,200% in the first few years, further confirming that they were on the right track. To this date, the Quantum Fund is widely considered to be the first global funds. While Rogers left the company in 1980, it still proved to be successful later on.

Following these career paths, Rogers decided to travel the world and experience different cultures. His travels took him throughout the six continents. All of this was done by driving his own motorcycle, and he eventually clocked in over 100.000 miles  traveled. 

After the travels, Rogers founded the Rogers International Commodity Index, which was linked to exchange-traded notes nearly ten years later. This provides investors with a convenient way to invest, while being able to track the total return of the indices. 

Jim Rogers on Finance

Albeit Rogers has always been big on agriculture investments, he has kept close tabs on other industries as well. Particularly the precious metals markets have become of great interest, as there is a lot of money to be earned regardless of the overall circumstances. Not entirely surprising, as Rogers claimed in 2002 how Fed chairman Alan Greenspan had the wrong reaction to the stock market bubble.

Seeing as that situation did not improve, Rogers became one of the first to actively short US financials in 2006. Everyone knows how the financial crisis of 2008 took place, thus that decision to go against the overall market trend appeared to have been the right call. Today, a very similar market collapse looms overhead, which is well worth keeping an eye on. 

Jim Rogers Stockpiles Silver and Gold

A few years later, Rogers told students to not study for a career on Wall Street or London’s financial district. Instead, he felt that the focus would shift to the producers of real goods.

As such, the markets worth keeping an eye on would relate to commodities, natural resources, and raw materials. This includes precious metals such as silver and gold, as those are as “real” as goods will get. 

Just a few weeks ago, Rogers confirmed he would go long on the dollar in the short-term, but stockpile more silver than gold to err on the side of caution.

The dollar is, according to Jim, not a safe-have, and should be traded in for more stable long-term investments such as silver and gold. 

Easily open your Swiss tax free gold vault in under 6 minutes

It’s Free to open a Swiss vaulting account, you can buy and sell gold directly to it instantly.

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Silver Bug Profile: Mike McGlone

The Senior Commodity Strategist for Bloomberg has built up a strong reputation in the financial sector. His main focus lies with broad investable commodity markets.

Silver Bug Profile: Nathan Eric Fier

Many individuals have shown their love for gold, silver, and other precious metals over the years. Nathan Eric Fier is certainly a silver bug, although he pays close attention to gold as well. Who is Nathan Eric Fier? People with a link to the financial industry will...

The World’s Largest Silver Producer is Closing Domestic Mines for a Full Month

In Mexico, there will be a major change for most silver mines. Multiple locations will have to shut down their operations for at least one full month.

Gold Bug Profile: Peter Schiff

Despite paying very close attention to investment options such as gold and silver, Peter Schiff isn’t optimistic about Bitcoin and other cryptocurrencies.

Gold Bug Profile: Gerald Celente

Celente also grew more outspoken about the influence of Wall Street. He even claimed how Wall Street controls people’s financial lives, and the media manipulates the minds

Where is the Best Place to Buy Gold Online?

As far back as Ancient Rome, prospectors would sit aside streams swilling water in pans with the hope of glimpsing the yellow metal. Even today, you can still get your hands on gold in this way, but buying online through a broker is your best bet for a secure, cheap...

Silver Bug Profile: Peter Leeds

Similar to his opinion on gold, Leeds is very hopeful when it comes to silver. In fact, he considers it to be the top investment for 2020 and possibly beyond,

Gold Bug Profile: Crispin Odey

Over the years, the name Crispin Odey was often named in association with gold and other precious metals. Particularly during the coronavirus crisis, Odey expected the value of gold to move up again.

Gold Bug Profile: Adrian Ash

Ash is convinced that owning both gold and silver – either as part of an active portfolio or just in terms of hard assets generally – makes a lot of sense

When And How To Invest In Gold

Dear Bar9 customers, unfortunately, we all live in extremely uncertain times. And the so-called "markets" in particular are also showing signs of nervousness: the price of gold, for example, goes up sharply one day, only to go down again the next. At the same time,...

CME Increases Margin for Silver Futures Contracts due to Expected “Larger-than-Normal Price Swings”

The recent margin changes by CME paint an interesting short-term future for silver. Raising the margin requirements seems to be a sign for shorters to not go against the grain right now.

Recent Actions by the Federal Reserve may Spark Demand for Gold and Silver

Such extreme measures often come at a long-term cost, however. While the measures taken allow for stock markets to rebound, it also devalues the US Dollar.

Wealth Diversification is Crucial, Especially During the Novel Coronavirus Outbreak

Putting all of one’s eggs in the same basket during a time like this is virtually the same as throwing money out the window.

4 Reasons to Start a Long-term Gold Investment Right now

For investors with a risk for appetite, investing in gold mining stocks can be a viable option. As all of the facets above line up one after another, the gold price is likely to increase.

Silver Bug Profile: David Morgan

Morgan prefers educating the masses on how a sound financial system would work. What we have in place as of right now is the exact opposite of a sound system

Jesse Felder Expects the Gold Price to Break its 2011 All-time High

Overall gold price volatility has decreased significantly, which can be interpreted as a bullish sign. With the value holding its own above $1,600 with relative ease, a push to higher levels remains within the realm of possibilities.

Silver and Gold Prices Move up Strongly as More Mining Operations Shut Down

The McEwen Mining group operates multiple mines all over the world. One of their biggest ventures is located in San Jose, Argentina. The local Black Fox mine is now suspending operations due to the coronavirus crisis.

Gold Bug Profile: Ned Naylor-Leyland

During an interview with Morningstar, Ned confirmed that he remains very bullish on gold for the foreseeable future. He even claimed that there is a good chance to see the gold price move higher, although Ned doesn’t offer potential price targets.

Silver Bug Profile: Keith Neumeyer

Keith indicated that there would be a new bull market for all precious metals in the next few years. So far, 2020 has proven that sentiment correct, although $130 remains a lofty silver price target.

Gold Bug Profile: Peter Thiel

Since his tenure at PayPal, Peter Thiel has made a lot of headlines due to his investments. More specifically, he is an active VC for tech companies in their early stage of development.

Translate Blog Post

Article Categories

Blog Stats

  • 66,896 hits

Follow the CEO on Twitter

%d bloggers like this: