I am excited by what happened.
China`s Exciting Announcement
Chinese had an exciting announcement in 1978 and then in 1993, they said that this announcement is as significant and as exciting as what happened previously in those two years. So far what I have seen that corrects some sectors of the Chinese economy and as you all know if you can find a government that is going to spend a lot of money or give a lot of incentives to a sector you should put your money into that sector too. So the Chinese are clear that they are going to do something about railroads, healthcare, agriculture, pollution. They have made it pretty clear they are going to do something, so I would suggest that people read what they have said and then try to find some stocks in those areas.
Ed Note: The above was a posting from Jim Rogers Blog on November 30, 2013
Jim Rogers Discusses Currency Wars, Inflation And Gold
In the fifteen minute interview below (on November 28th) Jim Rogers discusses how he is able to make accurate predictions about the financial markets.
Rogers explains that his starting point is to start thinking in a contrarian way when everyone else is thinking the same thing.
He also thinks it is very important to be aware that the current state of affairs are always just a temporary phenomenon. Change is always just around the corner and getting ahead of that change is how to invest successfully.
