Jim Rogers: "I Would Not Put Any Money in the U.K."

Jim Rogers tells Bloomberg News that he would avoid investing in the U.K., and that he's sold all of his Pound Sterling.

He also mentions he's been buying Chinese shares and commodities (agriculture, metals, and energy) since the October/November "selling climax."

Stratfor: Major Drought is Threatening Argentina's Agricultural Production for 2009

Stratfor reports that a major drought is threatening Argentina's agricultural crop for 2009.

According to the projections of the Buenos Aires Cereals Exchange published on Jan. 16, the country’s wheat yield for 2009 will be 8.7 million metric tons, down from 16.3 million in 2008 (domestic wheat consumption in 2007 was approximately 6.7 million metric tons). Total wheat planting dropped by 350,000 hectares, or 8 percent, in the 2008 planting season, and the drought has affected what has already been sown. Corn production is projected to drop from its 2008 figure of 20.9 million metric tons to 16.5 million metric tons, with a reduction in crop planting by 26 percent from 3.2 million hectares in 2008 to 2.4 million in 2009. Soybean output, meanwhile, could fall to 40 million metric tons if the drought continues — a 7 million metric ton drop.

Goldman Sachs Analyst Expects "Swift, Violent" Oil Rebound in Late 2009

Jan. 19 (Bloomberg) -- Goldman Sachs Group Inc. commodity analyst Jeffrey Currie said he expects a “swift and violent rebound” in energy prices in the second half of the year.

Oil prices may have reached their lowest point already, after falling to $32.40 in mid-December, and are expected to rise to $65 by the end of this year, the analyst said. There is scope for a “new bull market” in oil, Currie said.

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Jim Rogers: "Terrible Mistake" to Chase Rally in Government Bonds

According to a Reuters report, Jim Rogers is still very bullish on Asia, and still very bearish on the US dollar and Treasury Bonds.

Jim Rogers accused U.S. authorities of consciously trying to devalue the U.S. dollar by flooding the market with liquidity -- or in his words, "turning on the printing presses" -- and said anyone chasing the rally in government bonds is making a "terrible mistake."

"The idea that you can fix a period of excess borrowing and excess consumption by more borrowing and more consumption to me is just ludicrous," he said.

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Company Logos - Post Financial Crisis

This is really funny...

Company Logos - Post Financial Crisis

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