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.

Gold Bug Profile: Richard Russell

Back in 1960, Russell was the first to recommend gold stocks as an investment option, an assessment that has certainly put a bigger spotlight on that particular industry.

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.

Welcome To The New Bar9 Rebranding

To all Bar9 customers, I'm proud to announce the rebranding of Bar nine and a whole new informative front end. As we move into 2020 Bar9's mission is to make it easier for anyone to move in and out of physical hard assets and become a little more bank independent. The...

Silver Bug Profile: Adam Hamilton

Most mining operations have very mixed – and primarily disappointing – results in Q1. That has not affected the price of silver in a negative manner.

Gold Bug Profile: Doug Casey

The name Doug Casey will ring a bell with financial buffs due to his 1979 book. Titled “Crisis Investing”, it quickly rose the ranks to become the number one The New York Times Non-Fiction Best Seller in 1980.

Silver Bug Profile: Rick Rule

When it comes to the silver market, Rick Rule hasn’t shied away from expressing his sentiment at certain times

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.

Gold Bug Profile: Judy Shelton

It is interesting to note that Judy Shelton may join the Federal Reserve Board of Governors in the near future. Assuming that will be the case, some very interesting things are bound to happen in the near future.

Unveiling the System Behind the IMF Lending $50 Billion to Member States Fighting the Coronavirus

Currently, it has yet to be determined which options will be explored by the different member states. There is no such thing as free money, not even during a coronavirus outbreak.

Gold Bug Profile: Alan Greenspan

There are many pathways in life which can influence the future of one’s existence. For Alan Greenspan, one pathway of particular influence is called Objectivism.

Gold and Silver Bounce Back as Stock Markets Continue to Struggle

Although the markets aren’t out of the woods yet, things are looking better. There is some positive momentum all around, for a change.

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: Jeff Clark

Over the past decade and a half, Clark has put the majority of his focus on analyzing the precious metals mining industry. BIG GOLD by Casey Research, a world-renowned publication, has been one of his outlets.

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.

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: Eric Sprott

It is also worth noting that Eric Sprott sold his first company – known as Sprott Securities – back in 2011. Interestingly enough, the company was purchased by other staff members.

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: Ewan Downie

Since leading Premier Gold Mines Limited since 2006, the company has gone through major growth. Its stock is also trading publicly, further validating its approach to gold and silver.

Gold Bug Profile: Ben Davies

Ben Davies is the co-founder and CEO of Hinde Capital. Founding this company came after building up over a dozen years of experience in financial and commodity markets.

Where to Store Gold: Switzerland vs America

Savvy investors will already choose physical gold to avoid the counterparty risk of futures accounts, ETFs, and other forms of paper gold. But the jurisdiction of gold storage represents another, often overlooked counterparty risk.  When disaster strikes and the...

Translate Blog Post

Article Categories

Blog Stats

  • 112,976 hits

Follow the CEO on Twitter

%d bloggers like this: