Fenton Gets Rogers' Latest View on China, the Mid East,
and the US Economic Meltdown
NEW YORK, NY May 17, 2007 -- Investor Jim Rogers
reveals bold opinions to strategist Bruce Fenton in an interview posted
today on The Fenton Report (www.fentonreport.com) and YouTube.
"There is a staggering misconception about China about Japan, about Europe,
about everywhere. Most Americans can't even find Japan on a map...They can't
even find Oklahoma on a map," says Rogers. "If the middle of Africa blew up
we wouldn't know about it for two or three weeks...the rest of the world
might, but we wouldn't," says Rogers.
Rogers co-founded the Quantum Fund with George Soros, is an active investor
and traveler. Trips totaling over 250,000 miles and 116 countries are
chronicled in Rogers's books Investment Biker and Adventure Capitalist.
"If travel makes one smarter, Jim Rogers may be the smartest person on
earth. His insights and his uncanny track record make Rogers very worth
listening to," says Fenton, founder of Atlantic Financial, (www.atlanticfinancial.com),
a global-focused wealth management company.
"Dubai is doing their best to become a center for the Middle East: for
shopping, for finance, for technology, for everything else. As you know they
have the best horse race in the world and the best golf tournament in the
world and the best everything in the world," says Rogers. "I have no idea if
all these massive investments are going to pay off in the end. You might be
a better judge of that since you've been there more recently. If it works,
then clearly it will be great."
Rogers's latest book is, Hot Commodities "Before you get to work you use
sugar, coffee, orange juice, rice, wheat, corn, rubber if you go running,
wool, cotton silk, zinc, lead, gasoline. We know what this stuff is. It's a
lot easier to analyze commodities than it is stocks," says Rogers.
"I'm afraid we'll go the way of Great Britain, in 1918 they were the richest
most powerful country in the world; their currency was the major world's
currency at the time...We're sort of there too...over extended in every way
and unfortunately I don't see anything that's going to change...you've
already pointed out some of our shortcomings and that's going to get worse,
not better," says Rogers. "Learn Chinese and start investing in commodities.
Urge your clients to get their money out of the US Dollar."
About Atlantic Financial, Inc and The Fenton Report
The Fenton Report is published by Bruce Fenton, Managing Director of
Atlantic Financial, Inc.
Atlantic Financial is an independent global-focused wealth management
company based outside of Boston, Massachusetts. Atlantic Financial’s clients
include pensions, endowments, high net worth individuals and institutions
throughout American and the world. www.atlanticfinancial.com
