Update: Bloomberg's July 14, 2008 Jim Rogers interview is here.
Marc Faber and Jim Rogers are featured on Bloomberg today in two individual video interviews.
Marc Faber tells Bloomberg he expects strength in the dollar over the short term, though he is still bearish on the US dollar over the longer term, and that US stocks may outperform emerging markets over the next three to six months.
He also expects commodities to peak and begin a meaningful correction in the coming weeks. Bloomberg's companion article notes that Faber has been correct on his calls to buy gold, but wrong in past calls warning of over-optimism regarding Brazilian and Argentinian shares (both commodity country plays).
Oh, and I should note that Faber specifically mentioned the media's silence regarding Ron Paul's 10 percent standing in the Iowa caucus.
Funny that people who live outside the country (in Marc's case, Thailand) should have more of an idea about what's going on in our political elections than many of the people who actually live here and vote in them.
Meanwhile, Jim Rogers is bearish as ever on the fate of the US dollar. While his comments to Bloomberg may seem, on the surface, a contradiction of his friend Marc Faber's sentiments, they are aligned in their rather grim long-term views on the US currency's prospects.
Incidentally, Jim Rogers (who now lives in Singapore) has also given favorable mention to Ron Paul in a previous video interview with the Financial Times.
Like Faber, Rogers recognizes that Paul is the only presidential candidate who has any real knowledge of the damage done to our nation and our economy through inflationary central banking.
Rogers is also sticking to his call for a US recession, again noting, like Faber, that recessions do not spell the end of the world, and are a healthy part of the capitalist economic cycle.
He reiterates his long-term position on the supply and demand picture for commodities, but offers some interesting updates on the attractiveness of various individual commodities and commodity sectors.
Check out the video interviews at the links above, and enjoy.
Keep reading Finance Trends Matter for more.
Marc Faber and Jim Rogers are featured on Bloomberg today in two individual video interviews.
Marc Faber tells Bloomberg he expects strength in the dollar over the short term, though he is still bearish on the US dollar over the longer term, and that US stocks may outperform emerging markets over the next three to six months.
He also expects commodities to peak and begin a meaningful correction in the coming weeks. Bloomberg's companion article notes that Faber has been correct on his calls to buy gold, but wrong in past calls warning of over-optimism regarding Brazilian and Argentinian shares (both commodity country plays).
Oh, and I should note that Faber specifically mentioned the media's silence regarding Ron Paul's 10 percent standing in the Iowa caucus.
Funny that people who live outside the country (in Marc's case, Thailand) should have more of an idea about what's going on in our political elections than many of the people who actually live here and vote in them.
Meanwhile, Jim Rogers is bearish as ever on the fate of the US dollar. While his comments to Bloomberg may seem, on the surface, a contradiction of his friend Marc Faber's sentiments, they are aligned in their rather grim long-term views on the US currency's prospects.
Incidentally, Jim Rogers (who now lives in Singapore) has also given favorable mention to Ron Paul in a previous video interview with the Financial Times.
Like Faber, Rogers recognizes that Paul is the only presidential candidate who has any real knowledge of the damage done to our nation and our economy through inflationary central banking.
Rogers is also sticking to his call for a US recession, again noting, like Faber, that recessions do not spell the end of the world, and are a healthy part of the capitalist economic cycle.
He reiterates his long-term position on the supply and demand picture for commodities, but offers some interesting updates on the attractiveness of various individual commodities and commodity sectors.
Check out the video interviews at the links above, and enjoy.
Keep reading Finance Trends Matter for more.