Jim Rogers' Outlook for 2009

Some great coverage of Jim Rogers' investing outlook for 2009 by GreenLightAdvisor.com.

A brief excerpt of the summary provided by GreenLightAdvisor.com:

The facts are, during this period in time the only thing to have its fundamentals unimpaired is commodities.

• Farmers can’t even get loans for fertilizer now.
• The supply of things is going to be in even worse shape coming out of this.
• The IEA recently came out with a study showing that the worlds reserves of oil are declining at the rate of 7% per year.
• you can do the arithmetic, the supply of everything is going down; oil and everything else;
• we’re going to have serious supply problems before too much longer.

Jim Rogers on Kudlow: We're Going to Have an Inflationary Nightmare

Here's a video of Jim Rogers on CNBC's Larry Kudlow & Co. from December 13, 2008.

They start talking commodities around the 2:20 mark.

Rogers' insights:

• The Fed has gone too far in their money printings
• Commodities are not down because of fundamentals - they are down because of the forced liquidation of every single asset, except the Japanese Yen
• He bought more oil a couple weeks back, and all commodities the week of the interview
• We're going to have an inflationary nightmare in the next five years
  

Jim Rogers Covers His US Treasury Short Positions - For Now

A short Jim Rogers interview on Bloomberg - I believe from December 11, 2008. He says he has covered his short position in US Treasuries for the time being, because the trade was going against him.

He's waiting to short them again, and describes US Treasuries as "the last bubble left."

Other thoughts from Jim:

• It's idiotic for Bernanke to purchase long-dated US government bonds.
  
• Let the auto companies go into bankruptcy.
• "The government has been taking the assets away from the competent people and giving them to the incompetent people...that's bad economics and bad morality."
• These bailouts will be a "disaster for America", leading to the demise of the dollar, higher interest rates, and higher inflation.