Jim Rogers as far as I can tell doesn't base anything on
what the bible says about money. But yet he knows better than the
"Christian", "Financial", "Gurus" like Dave Ramsey what true biblical wealth
is...almost.
If I were a pagan and I was interested in investing money, I think I would take the advice of Jim Rogers over anyone else out there. But I am not a pagan, so I don't take all of his advice.
Check out this interview from CNBC (Certainly Not Biblical Counseling) with Jim Rogers.
Jim Rogers is right on the money when it comes to:
Owning gold and silver. He sees (and is probably right) gold going to $2,000 or more. He sees that silver is only at 60% of its all time high, so it should be going higher in the future.
He is big on farming and agriculture. This is where land and livestock come in. Land and livestock that are productive and return dividends. The number of farmers around the world continues to decline. This creates an opportunity for some industrious families.
Ben Bernanke and the FED are clueless.
He believes in owning commodities (rice, sugar, etc.).
Where Jim Rogers is not right on the money when it comes to biblical wealth is the issue of physical ownership. While he owns commodities like rice and sugar, he doens't physically own them. He has a paper claim to them. The better thing to do is to actually own the land and the farm that is producing rice and sugar. Now I know that would be hard for the majority of people, but it could be done, at least on a small scale. Plus there are other commodities that you could grow, raise or produce (some you may not find on the commodities market, but they are still commodities) like: corn, apples, honey, eggs, beef, poultry, dairy products, a variety of vegetables, etc.
So what is the advice here?
Buy and take physical delivery of gold and silver.
Investing in farming and agriculture...even on a small scale
Don't listen to the FED, the press, financial gurus and most Christian financial advisors. If someone tells you to invest in the stock market, then ignore them.
