Grondstoffen vs grondstofaandelen

"Studies show, in my experience, that commodities themselves outperform commodity stocks. In the ‘70s, oil prices went up 10 times; commodity oil stocks did nothing. With stocks you have to worry about the management and the balance sheet—a hundred things. Commodities are pretty dumb: If there's too much oil, the price is going to go down; if there's too little, it's going to go up. Oil doesn't care who the head of the Federal Reserve is; it doesn't care what laws Congress passes, for the most part. But if you're Exxon, you've got to worry about that stuff."

"The studies show that you would've made 300 percent more investing in commodities themselves over the past several decades than in commodity stocks, but if you know a company that's going to discover a lot of natural gas in Berlin, you buy all you can. Then you call me. Because then you're going to make a lot more money than in commodities themselves."

Jim Rogers in MarketOracle

Nog een bericht van Jim Rogers..

"Most agricultural products are still depressed on a historic basis. The story is not over, not for a while. I don't see any reason it's going to be over for a few years because no one is bringing new supply on stream. A catastrophe is looming. The world is going to have a period when we cannot get food at any price in some parts of the world.”

in Yahoo Finance

Wijze woorden van Jim Rogers

Interview vond plaats in oktober 2009

"Crash nadert"

"Na een rally van meer dan 50% naar boven in 6 maanden is het zeer goed mogelijk dat de markt weer zal gaan crashen. Zelf verwacht ik dat dit zal gebeuren tussen de 325 en 350 punten. Dit is bepaald met behulp van crashes uit het verleden. Ik begin nu dus langzaam mijn short positie op te bouwen." Paul van Gompel

"Sterke rally US dollar op komst"

"Bij de volgende neerwaartse beweging op de beurzen zal de US dollar een zeer sterke appreciatie ondervinden gezien de enorme short posities op de dollar die dan ongedaan gemaakt zullen worden. Dit ongedaan maken zal zorgen voor een zeer sterke rally." Paul van Gompel

"The US risks hyperinflation"

Investment guru Jim Rogers says the United States risks hyperinflation, thanks to the government’s massive fiscal and monetary stimulus. That stimulus also will continue to hurt the dollar, he told CNBC. "There's no question the U.S. is vulnerable to hyperinflation down the road or certainly the inflation we saw in the 1970s, I would expect that to come back in the foreseeable future, certainly in the next few years," he said.

Goldman zet in op vallen CIT in tegenstelling tot de V.S.

In het geval dat CIT, een bank die vooral commerciële hypotheken bezit, in een Chapter 11 procedure terecht komt, zal Goldman Sachs $1 miljard verdienen, terwijl de Amerikaanse belastingbetaler $2,3 miljard aan staatssteun verliest bij een eventuele Chapter 11 procedure. Door posities in CIT af te dekken met Credit Default Swaps zou Goldman $1 miljard verdienen aan een faillissement van CIT. Zullen de bankiers er weer het beste vanaf komen..?

Goldman Sachs stands to receive a payment of $1bn – while US taxpayers would lose $2.3bn – if embattled commercial lender CIT files for Chapter 11 bankruptcy protection, people familiar with the matter said.

The payment stems from the structure of a $3bn rescue finance package that Goldman extended to CIT on June 6 2008, about five months before the Treasury bought $2.3bn in CIT preferred shares to prop it up at the height of the crisis. The potential loss for taxpayers would be the biggest to crystalise so far from the government’s capital injection plan for banks.

Lees verder op http://www.ft.com/cms/s/0/9170b5f2-b10f-11de-b06b-00144feabdc0.html?nclick_check=1