Legendary investor Jim Rogers was in the Netherlands last week and stopped by ABN Amro Netherlands. RTL Z (Netherlands) was at ABN headquarters on Friday and got the chance to interview the CEO of Rogers Holdings. Notable excerpts from the interview included:

Obama or McCain?

Neither. I’ll vote the protest vote because neither one of them has a clue.

Inflation or Deflation (Near Future)?

We’re going to have serious inflation. Because governments around the world are printing money. Whenever you’ve had lots of money printed over the past few hundred years it’s always led to higher prices, it’s always led to inflation. I mean, these are simple things. Right now, everything is going down because there’s forced liquidation of everything. But in the end it’s going to be an inflationary nightmare.

Brazil or India?

Brazil. Brazil has got a lot of natural resources and is a reasonably well-run country. At the moment, India doesn’t have many resources, and even the resources they have, they manage badly. No, I would never want to put my money in a badly-managed country or company.

Mexico or Germany?

Germany… Germany’s a much better place, of those two, I’d rather be in Germany.

Iceland or United States?

I’m shorting the United States’ government bonds… I’m selling short the long-term government bond in the U.S. I’m not doing anything in Iceland.

Dollar or Yen?

Yen… I would not buy the dollar now, I’d buy the Yen.

Gold or Gold Mines?

Thousands, tens of thousands of gold mines have gone bankrupt over the past 150 years. Gold is still gold. I’d rather own the gold than the mines. I mean, if I happen to know the mine, and I knew the guy was a genius, then maybe I would buy the mine stock. But no, definitely buy the gold.

Commodities

Commodities are going to be in a bull market for another decade or two. Whether oil is selling at $45, or $145, it doesn’t really matter to me— today. Ask me in 10 years— it will matter… I don’t have any trouble sleeping, because I know we’re in a long-term bull market.

The segment runs a little over 14 minutes, but is definitely worth viewing.

RTL Interview Link

Source:

Jim Rogers Interview
RTL (Netherlands), October 31, 2008

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