The Sarcasm Report v.200

July 6, 2009
Jim Rogers Sells Dollars, Plans to Short Treasuries

“The idea that anybody would lend money to the U.S. government for 30 years at 3 or 4 or 5 or 6 percent interest is mind-boggling to me.”

The 30-year treasury yielded 4.35% then. It is 2.72% today. 24 1/2 years to go.

April 25, 2011
JIM ROGERS: Short Treasuries And Buy Commodities, Especially Silver

I plan to sell short US government bonds sometime in the next few weeks, months. Interest rates all over the world are going to go higher. We have inflation, staggering debt problems and currency problems facing us. So interest rates are going to go higher.

Silver was $46.25 per ounce then. The 30-year treasury yielded 4.46%.

October 15, 2012
I'd Rather Invest in Russia Than the US: Jim Rogers

"I'm convinced things are changing in Russia for the first time."

Despair.com: Change

When the winds of change blow hard enough, the most trivial of things can turn into deadly projectiles.

March 30, 2014
Investor Jim Rogers: 'This Is the Time to Buy Russia'

"Russia's stock market right now is one of the cheapest in the world, and probably one of the most hated," said investor and commodities guru Jim Rogers, chairman of Rogers Holdings, in Singapore. "This is the time to buy Russia."

Despair.com: Perseverance

The courage to ignore the obvious wisdom of turning back.

April 30, 2014
Sanctions Are Not Going to Hurt Russia At All-Jim Rogers

I mean, sanctions are not going to hurt Russia at all.

Despair.com: Hope

May not be warranted at this point.

November 10, 2014
Russia Says Sanctions Hurting as Bank Moves to Defend Ruble

Russia’s financial guardians made their broadest acknowledgment yet that sanctions are sinking the economy, as the central bank moved to protect the ruble after the currency’s worst week in more than a decade.

December 12, 2014
Jim Rogers Is Bullish On Russia

"Well, I don’t quite see it as a crisis. They still have huge foreign currency reserves. This is helping their balance of trade, obviously. They still get paid for oil in dollars. And it’s certainly not – it’s not causing imports to go up in Russia with the currency collapsing. So I don’t see it as a crisis. They have many debts coming due – U.S. dollar debts, which I would suspect they can finance. But, again, I haven’t sat down and put pencil to paper to really determine whether it can be done or not."

December 16, 2014
Ruble Continues Its Decline in Russia, Despite Interest Rate Increase

“We are seeing an economic crisis,” Natalia V. Akindinova, a professor at the Higher School of Economics, said in a telephone interview. “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.”

Despair.com: Consistency

There is something to be said in doing things wrong the exact same way every time.

And for that, Jim Rogers, I honor you with my 200th sarcasm report! Well played, sir! Well played, indeed!