Investing advice: Jim Rogers shares 4 asset purchases amid coronavirus - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Famed investor Jim Rogers earned a 4,200% return with George Soros. He explains why the US response to COVID-19 is 'embarrassing' — and breaks down 4 purchases he's made amid the fallout.

, Gundlach said: "This is a really huge buy signal — on a valuation basis — for commodities," adding "maybe it will be a 2021 event. But certainly, valuation is on your side."

Here's the chart Gundlach provided to explain his thinking. It compares the performance of commodities to the Dow Jones Industrial Average, and shows they have cheapened to "radically undervalued" levels.Under that umbrella of thought, Rogers has been scooping up. Although the former is the best-performing major asset year-to-date with a 14% gain, Rogers sees more upside due to the uncertainty that still clouds the pandemic.

"I'm buying gold and silver again," he said. "Throughout history, when you have people lose confidence in governments or money, they buy gold and silver."" recently. Although Rogers didn't relay specific companies he had added to his portfolio, investors looking for broad Russian and Chinese equity exposure might consider the VanEck Vectors Russia exchange-traded fund (

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That’s the insider’s job.

No wonder his comments... he can send some of those gains to support anrifa

Has been.

5 soldiers were killed and 11 were injured during violent clashes at the China-India border...GalwanValley ChinaIndiaFaceoff

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Monzo: Unicorn fintech bank raises fresh funding amid coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Germany will borrow $246 billion this year to fund its coronavirus stimulus plan - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'borrow' non of the EU members intend to pay anything back irakliberdzen Very good prime minister
Source: BusinessInsider - 🏆 729. / 51 Read more »

Masks will be 'optional' at Trump's first official rally during the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow 😳 Fine.
Source: BusinessInsider - 🏆 729. / 51 Read more »