Comments on: Rogers Still Bullish On Commodities http://livingoffdividends.com/2008/08/15/rogers-still-bullish-on-commodities/ Join me on my journey to achieve financial independence through dividends, passive income and investments Thu, 11 Mar 2010 17:23:08 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Invest Money For Children: Follow Jim Rogers' Example | 20s Money http://livingoffdividends.com/2008/08/15/rogers-still-bullish-on-commodities/comment-page-1/#comment-13520 Invest Money For Children: Follow Jim Rogers' Example | 20s Money Thu, 28 Aug 2008 22:44:31 +0000 http://livingoffdividends.com/?p=823#comment-13520 [...] Fortunately, one of my favorite investors, Jim Rogers, also has a little girl and he is making plans to provide financially for her as well. In a recent speech in Vancouver, Rogers talked about his little girls. [...] [...] Fortunately, one of my favorite investors, Jim Rogers, also has a little girl and he is making plans to provide financially for her as well. In a recent speech in Vancouver, Rogers talked about his little girls. [...]

]]> By: mikef http://livingoffdividends.com/2008/08/15/rogers-still-bullish-on-commodities/comment-page-1/#comment-13360 mikef Tue, 26 Aug 2008 16:17:14 +0000 http://livingoffdividends.com/?p=823#comment-13360 I had one question - does anybody know why it would be in the Saudis best interest to over-report the amt of oil they have in the ground? If they truly do have less than 260BB and were running out, then shouldnt they be honest so that they can jack up the price of what they are selling today? I had one question – does anybody know why it would be in the Saudis best interest to over-report the amt of oil they have in the ground? If they truly do have less than 260BB and were running out, then shouldnt they be honest so that they can jack up the price of what they are selling today?

]]> By: Chris http://livingoffdividends.com/2008/08/15/rogers-still-bullish-on-commodities/comment-page-1/#comment-13322 Chris Tue, 26 Aug 2008 06:37:36 +0000 http://livingoffdividends.com/?p=823#comment-13322 I haven't visited this site in a while since LOD hasn't updated much lately. Anyway, my AUD took a huge hit (went from positive against USD to negative) and is still dropping. FX market is calling AUD and other major non-US currencies bearish. The reasons behind this large drop of AUD are 1) the drop in commodity price, 2) the sudden large drop in M3 USD money supply starting back in end of July and 3) RBA possibly dropping rates faster than anticipated before. From Mish's analysis, it appears that many folks are now cashing out of everything from MM, CDs, bonds, and stocks and are simply stashing USD under the mattress (sort of speak). US govt probably (I'm not 100% sure) didn't cause this sudden rise in USD but I'm pretty sure that Ben boy and the cohorts will take whatever cards that have been dealt to them. Suffice to say that more of this will probably continue as the credit crisis deepens and that everyone is simply continuing the process of de-leveraging. Deflation is more on the horizon than you would ever imagine (not necessarily commodity deflation but more of asset deflation). I haven’t visited this site in a while since LOD hasn’t updated much lately. Anyway, my AUD took a huge hit (went from positive against USD to negative) and is still dropping. FX market is calling AUD and other major non-US currencies bearish.

The reasons behind this large drop of AUD are 1) the drop in commodity price, 2) the sudden large drop in M3 USD money supply starting back in end of July and 3) RBA possibly dropping rates faster than anticipated before. From Mish’s analysis, it appears that many folks are now cashing out of everything from MM, CDs, bonds, and stocks and are simply stashing USD under the mattress (sort of speak). US govt probably (I’m not 100% sure) didn’t cause this sudden rise in USD but I’m pretty sure that Ben boy and the cohorts will take whatever cards that have been dealt to them.

Suffice to say that more of this will probably continue as the credit crisis deepens and that everyone is simply continuing the process of de-leveraging. Deflation is more on the horizon than you would ever imagine (not necessarily commodity deflation but more of asset deflation).

]]> By: MoneyEnergy http://livingoffdividends.com/2008/08/15/rogers-still-bullish-on-commodities/comment-page-1/#comment-12616 MoneyEnergy Sun, 17 Aug 2008 05:28:51 +0000 http://livingoffdividends.com/?p=823#comment-12616 Wow, I didn't know Rogers was so against diversification. But as usual he's saying the same thing: he never changes his mind!:) I wonder what he has to say about oil currently at like $113 or something. Probably central bank interventions in the dollar doing it, right? I doubt very much that US consumers have stopped driving THAT much. Wow, I didn’t know Rogers was so against diversification. But as usual he’s saying the same thing: he never changes his mind!:) I wonder what he has to say about oil currently at like $113 or something. Probably central bank interventions in the dollar doing it, right? I doubt very much that US consumers have stopped driving THAT much.

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