Jim Rogers: Be Prepared & Prosper

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Move to the Farm Belt and become a Lamborghini dealer

If you don’t want to become a farmer, move to the Farm Belt and become a Lamborghini dealer.

A global shortage of farmers could become a serious problem. Most farmers in the U.S., Japan and elsewhere are in their sixties or older and young people aren’t entering the business. More Americans are graduating with degrees in public relations than in agriculture, a field that generated fewer than 10,000 college graduates last year. — in FA MAG

 

You can play this game for a while……….but eventually the currency collapses cause the markets have more money than the central banks do.

– Jim Rogers answering the question “how much of the sovereign debt can the ECB own, if others don’t want to buy it ?”

 

U.S. Stocks: The Bull Market Is Getting Close To The End

 

Jim Rogers : “I’ve never seen a bull market in any asset class that goes on forever. There may be one, but I’ve never heard of it. Enjoy it, but be prepared. I do know it will end, but not when. We’re getting close to the end. The day that happens won’t be a pretty one. When it ends it will be a big mess. he continued. This will be worse than 2001 and 2008-2009.” — in Financial Advisor Magazine

  

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Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.