Jim Rogers speaks at the Agora Financial Investment Symposium in Vancouver

Bill Bonner, writing for The Daily Reckoning reports:

‘China is the next great country,’ says our old friend Jim Rogers to the Agora Financial Investment Symposium crowd. ‘Of course, there will be setbacks, just as there were in the growth the United States. We had crashes on Wall Street and even a Civil War. But you still could have made a lot of money by investing in the United States. There will probably be real estate speculators going broke. Who knows what will happen? But the growth of China will be the single most important event of this century. And the best thing you can do for your children is to teach them Chinese. And make sure their money is not in dollars.’

LINK TO FULL ARTICLE: dailyreckoning.com.au

Jim Rogers says stories of oil speculation are ‘not correct’

George Iype, writing for Commodity Online reports:

Investing legend and commodities guru Jim Rogers says crude oil prices have been going up thanks to an unprecedented demand-supply mismatch. He said those who blame speculators for oil price surge do not understand the oil reality in the world.

Talking to Commodity Online, Rogers, who founded the Rogers International Commodity Index, said he has been predicting all these years that oil prices would go up because of shortage of supply.

LINK TO FULL ARTICLE: commodityonline.com

Rogers blames oil prices on declining reserves

news.xinhuanet.com reports:

U.S. investor Jim Rogers has said that the decline in known oil reserves across the world is the main reason behind the skyrocketing oil prices that have already topped 145 U.S. dollars a barrel. While admitting that factors driving up oil prices are various, Rogers insisted that short oil supply was the fundamental factor pushing oil prices up all the way.

LINK TO FULL ARTICLE: news.xinhuanet.com