Rogers hasn’t given up on China

Zhao Yidi, writing for Bloomberg.com, reports:

Jim Rogers, who in April 2006 correctly predicted oil would reach $100 a barrel and gold $1,000 an ounce, told investors not to “give up” on Chinese shares after the country’s stock index fell almost 50 percent this year.

“Start buying when others say `never again’,” Rogers, 65, said today at an investor conference in Nanjing. There is “much money to be made” from investments in Chinese stocks, he said.

LINK TO FULL ARTICLE: Bloomberg.com

Jim Rogers still avoiding American stocks

Dan Dorfman, writing for The New York Sun, reports:

Mr. Rogers…told me the other day in an interview: “I wouldn’t buy an American stock.”

Even scarier, he says he expects a further collapse in leading American bank stocks, to less than $10 to $15 a share, because “bank balance sheets remain loaded with garbage that still has to be cleaned out.”

LINK TO FULL ARTICLE: nysun.com

Press Release: New iPath ETNs for individual commodities

While this is not strictly Jim Rogers news, we thought it was noteworthy enough to be of interest to our readers:

iPath has just released a series of 11 new commodities-based ETNs including some based on individual commodities such as: carbon, tin, platinum, lead, aluminum, sugar, cotton, coffee, and cocoa. — Ed.

LINK TO FULL PRESS RELEASE: businesswire.com

IndexUniverse.com on the new Rogers Van Eck index family

Heather Bell, writing for IndexUniverse.com, reports:

Commodities expert (and the creator of his own family of widely followed commodities indexes) Jim Rogers and Van Eck Global have teamed up to create what appears to be the first comprehensive global index of hard assets producers. There already are sector indexes, of course, that cover commodities producers in a particular area – such as the stand-alone Amex Gold Miners Index or the industry-specific subindexes that can be found in most broad-based global index families. There is also the S&P North American Natural Resources Sector Index, which cuts across different commodities-related sectors but isn’t global in scope. Before now, there does not appear to have existed a wide-reaching global equity index that covered commodities producers across a range of sectors – let alone an entire index series.

LINK TO FULL ARTICLE: IndexUniverse.com

Jim Rogers’ New Way To Ride Commodities Boom

Who better to orchestrate a way to capitalize on the commodities boom than raw materials investment guru, Jim Rogers?

The investor, best known for co-founding the wildly successful Quantum Fund with George Soros and author of Wall Street must-reads like Hot Commodities and A Bull in China, is teaming up with S-Network Global Indexes to launch The Rogers Van Eck Hard Assets Producers Index. Unlike the Rogers International Commodity Index, the new index tracks the performance of companies that deal in commodities–rather than performance of the commodities themselves.

LINK TO FULL ARTICLE: forbes.com

Rogers Van Eck Index Captures Global Market

An in-depth analysis of the new Rogers Van Eck Hard Assets Producers Index.

With oil at $130/barrel and gold at $850/ounce, commodities have gone mainstream.

Commodity-producing companies like Exxon and BHP Billiton play an increasingly important role in the global economy, and commodities – in various guises – play an increasingly important role in investors’ portfolios.

Index providers and exchange-traded fund developers have jumped on the trend. Thanks to the ETF revolution, you can now choose from eight flavors of broad, index-based commodities futures ETFs, linked to indexes like the S&P GSCI, DJ-AIG and UBS CMCI. That’s on top of any number of ETFs covering microcosms of the commodities world – water, solar energy, traditional energy, agriculture, gold, etc.

Against this backdrop, Jim Rogers, Van Eck and S-Network indexes have launched a new commodities index this week: the Rogers Van Eck Hard Asset Producers Liquid Index (RVE for short.)

Why does the world need yet another index? We asked Jan Van Eck, executive vice president of Van Eck Global. “There’s been a lack of a good benchmark for commodity equities,” he claims.

LINK TO FULL ARTICLE: hardassetsinvestor.com

Press Release: Jim Rogers and S-Network Partner on New Benchmark Index for Hard Assets

The Rogers Van Eck Hard Assets Producers Index (Ticker: RVEI) commenced real-time price dissemination today.

The RVEI will serve as a comprehensive, data-rich equity benchmark for the global commodities sector, which is also referred to as the hard assets sector. Says commodity investor Jim Rogers, Chairman of the Rogers Van Eck (RVE) Index Committee, “With this index, we provide a reliable and comprehensive benchmark for measuring the performance of the global hard assets industry, which is central to the world economy, accounting for approximately 14 percent of world economic output.”

LINK TO FULL PRESS RELEASE: prweb.com

How to Invest in Hot Commodities

The big question about resources: Is it too late to invest? Short answer: Nope. And it’s easier than ever to get into the game.

“The bull market still has a long way to go,” says Rogers. “Is it time for a short-term correction? I have no idea. And even if we are due for a pullback, that’s not necessarily true for all commodities. Oil might be ready for a shock, but that doesn’t mean that zinc is.”

LINK TO FULL ARTICLE: money.cnn.com

Rogers Says Bull Market in Oil Has ‘Years to Go’ (Transcript)

Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg’s Betty Liu from Singapore about Lehman Brothers Holdings Inc. and other investment banks, Federal Reserve policy, airline stocks and the outlook for oil. Rogers said the increase in the price of crude oil has “years to go” as known sources of petroleum are dwindling.

LINK TO FULL ARTICLE: bloomberg.com

Video: Rogers Says Bull Market in Oil Has ‘Years to Go’

“Well…I am still all – short all of the investment banks on Wall Street through the ETF. I know they are all in trouble. I know most of them have phony accounting. And you know, in bear markets, they all go down to eight. So, I just presume they are all going to go to eight before it’s over, before the bear market is over.”