06/29/2020 Jim Rogers – Must Be Knowledgeable of What’s Going On and Prepare

Over the years when it comes to favored economists one of the most popular has got to be Jim Rogers. While I’m confident this next acknowledgement will come as a surprise to many who are reading this post, we mentors have been aware of it for decades. Truth be told Jim Rogers and George Soros have a strong history together commencing from their beginnings at Arnhold and S. Bleichroder investment banking so… YES the mentors are well aware of his past business ties to George Soros.

Rogers is an economist and arguably one of the best in the world. As with any product or service when you hold that high a ranking you become in demand. Since money creates options it’s not that long before the blue bloods and the royalty, the 1% of the most powerful elite and the esoteric are bidding for your services. They soon become your diamond clients, literally. Soros can afford the best.

We’ve yet to find any information linking Rogers to Soros’ mischief and until we do, have never supported the guilt by association mindset. For those interested here’s a brief history disclosing their relationship.

Beginning: “In 1970, Rogers joined investment bank Arnhold and S. Bleichroder, where he worked with George Soros. In 1973, Soros and Rogers both left and founded the Quantum Fund. From 1970 to 1980, the portfolio gained 4200% while the S&P advanced about 47%.”

Trust me Jim Rogers is no fool continuing further: “The Quantum Fund was one of the first truly global funds. In 1980, Rogers decided to “retire”, and spent some of his time traveling on a motorcycle around the world. Since then, he has been a guest professor of finance at the Columbia Business School.”

Finally: “In December 2007, Rogers sold his mansion in New York City for about 16 million USD and moved to Singapore. Rogers claimed that he moved because now is a ground-breaking time for investment potential in Asian markets. Rogers’s daughters speak fluent Mandarin to prepare them for the future“.

My reasoning for admiring Rogers stems from his understanding of how the world functions. He too recognizes it functions much the same as a series of gears that are interlinked together. Primarily because of international trade, every nation to varying degrees is actually connected to one another. They’re meshed similar to the gears of a giant transmission so… so if one fails all are affected to varying degrees. Anyone who’s been with us for any length of time has heard me mention “the world is a giant transmission” on several occasions. Then the question becomes not will I be affected, but rather to what degree will I be affected?

Jim’s a proactive individual who tends to have a realistic view of what’s approaching on the doorstep of humanity. Perhaps that’s what he meant when saying: “I wish we could go back and start over, keep calm and handle this in a more reasonable way.” It’s kind of ironic my first question over three months ago was simply this. Does the threat warrant the response? It seems that Rodger’s is asking a similar question. Never seizes to amaze me how similar frequencies think alike.

Perhaps my personal favorite quote from a long list has to be “If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.” What an excellent way of describing flexibility and what it means to maintain an open mind.

All I would be able to add to that is these last two tidbits. First and foremost regardless of what your personal views are of what’s currently happening, I’m confident we’d all agree that 2020 is a completely different set of circumstances than what most of us have ever experienced. So here’s a few of my own personal thoughts.

In 2020 (using Jim’s words) if you were smart perhaps you’d be living where you’re surrounded by fresh growing foods. Hopefully you’ve selected a nation where the government finds it difficult to enforce their own laws because of severely lacking the funds to supply enough resources to do the task. It’s in the sparsely populated countryside’s of those nations that you’ll find the most content folks and find the least amount of change.

How do we know this, well for the past three and a half months we’ve been living it the same as the rest who are reading this post have been. We’ve been living it and firsthand witnessing the differences in reaction between the countryside here and what most have been telling me is happening out in their neck of the woods.

However here’s what clinched it for us. To date none out here in the countryside have suffered any of the negative effects like what’s been arriving into my inbox or what we’re seeing across so many cities in so many nations. ONCE AGAIN WE’VE AQUIRED THE HIGHEST DEGREE OF KNOWING, WISDOM! We now have hands on experience, our thinking was correct, so to us other people’s opinions carry little leverage. Judging by some of the examples received, it seems several of them might be originating from the finished basement of a caring relative. Rigid minds take on all types of personalities. Until next time, Barry in DR.