airlines

Jim Rogers: ‘I Am Looking For More Investments In Asia And In Russia’

Regular readers of Survival And Prosperity know that well-known investor, author, and financial commentator Jim Rogers is bullish on Asia (China in particular) and Russia. As recent as April 6, I blogged about a GoldSeek.com Radio interview (released April 1) in which the former investing partner of George Soros said:

I own Chinese renminbi. I own Chinese shares… I bought recently some Russian government short-term bonds in rubles.

He added later:

There are other places I’m looking at but I’m really not very active at all. I’m mainly just watching the world unfold. Be knowledgeable, be worried, and be prepared.

That last sentence is indicative of a lot of what Rogers has been sharing with the investing public lately.

Still, it’s being reported that the CEO of Rogers Holdings and Beeland Interests, Inc. is actively looking for places to put his substantial “war chest” ($300 million estimated net worth) to work. Katya Golubkova wrote on the Reuters website last Tuesday:

Veteran U.S. investor Jim Rogers is looking at possible investments into Russian oil firm Bashneft (BANE.MM) and diamond miner Alrosa (ALRS.MM) as he aims to add more Russian assets to his portfolio, he told Reuters…

“If they (Bashneft and Alrosa) are not under sanctions, I will take a look – as I said, I am looking for more investments in Asia and in Russia but I am an American and I have to be a little bit careful.”

(Editor’s note: Bold added for emphasis)

Golubkova added:

He already has interests in Russian state airline Aeroflot (AFLT.MM), the Moscow Exchange (MOEX.MM) and fertilizer producer PhosAgro (PHOR.MM). He owns some exchange traded funds (ETFs) and is investing in Russian treasury bonds.

“I am looking for more investments in Russia. I am trying to buy into a Russian tourist company, I am optimistic about Russian tourism,” Rogers said, adding that he was also looking to buy more stocks of Russian agriculture companies

(Editor’s note: Bold added for emphasis)

A little over a year ago, I discussed an April 6, 2015, Reuters piece in which Yelena Orekhova and Olga Popova wrote:

Russia could now be “the right place at the right time” for investors, he said. His own portfolio consists largely of Russian shares, he said, among them fertiliser company Phosagro , airline Aeroflot and the Moscow Exchange…

About those “Russian government short-term bonds in rubles” mentioned a week-and-a-half ago, Rogers expounded in the April 12, 2016, Reuters article:

“If I got a chance I would probably buy more,” Rogers said, adding that he was only investing in Russian rouble bonds, not Eurobonds.

“I want to buy rouble bonds, I am more optimistic about rouble bonds than I am in Eurobonds. Rouble bonds have much higher yields.”

(Editor’s note: Bold added for emphasis)

Nice work by Reuters for staying on top of Rogers’ (potential) Russian investments.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; a qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

Source:

Goubkova, Katya. “Veteran U.S. investor Rogers looks to add more Russia to portfolio.” Reuters. 12 Apr. 2016. (http://www.reuters.com/article/us-russia-rogers-idUSKCN0X90SC). 17 Apr. 2016.

Jim Rogers’ latest book…

Share

Tags: , , , , , , , , , , , , , , , , , , , , ,

Jim Rogers Still Bullish On Russian Stocks

Despite the near-constant stream of bad news coming from the mainstream financial media about Russia these days, well-known investor, author, and financial commentator Jim Rogers appears to still be bullish on Russian stocks. Yelena Orekhova and Olga Popova reported on the Reuters website Monday:

Now may be the time to invest in Russian shares because oil prices have hit bottom and the Russian stock market is rising, veteran U.S. financier Jim Rogers said on Monday.

“I’m very optimistic about the future of Russia,” he told a conference in Moscow arranged by investment firm BCS. “Certainly one of the most attractive stock markets in the world these days for me is Russia.”

(Editor’s note: Bold added for emphasis)

Orekhova and Popova added:

Russia could now be “the right place at the right time” for investors, he said. His own portfolio consists largely of Russian shares, he said, among them fertiliser company Phosagro , airline Aeroflot and the Moscow Exchange.

The country’s economic downturn may make it an unlikely investment prospect, he said, but he was optimistic the stock market was going to rise more

(Editor’s note: Bold added for emphasis)

Regular readers of Survival And Prosperity might recall the former investing partner of George Soros having been bullish on the aforementioned Russian equities for some time. I noted back on November 25, 2014:

Izabella Kaminska reported on the Financial Times (UK) daily news and commentary blog today:

Russian investments now include stakes in fertiliser maker Phosagro, airliner Aeroflot, a Russia ETF and the Russian stock exchange, but he said was looking to expand into different sectors as well…

(Editor’s note: Bold added for emphasis)

According to that Reuters piece:

He also recommended buying short-term Russian treasury bills for investors with a one-year horizon.

(Editor’s note: Bold added for emphasis)

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

Source:

Orekhova, Yelena and Popova, Olga. “US financier Rogers says now may be time to invest in Russia.” Reuters.com. 6 Apr. 2015. (http://www.reuters.com/article/2015/04/06/russia-crisis-stocks-idUSL6N0X311W20150406). 6 Apr. 2015.

Share

Tags: , , , , , , , , , , , ,

Al-Qaeda European Passenger Jet Attack Plot Latest

On November 30 I blogged about the Sunday Express (UK) reporting Al-Qaeda was plotting to blow up five European passenger jets before Christmas.

Monday a FOX News Alert elaborated on the supposed plot:


“Experts warn of ‘spectacular’ Al Qaeda plot for Christmas”
FOX News Video

Two things to keep in mind while watching the video featuring FOX News terror analyst Walid Phares:

1. Phares warned:

Al-Qaeda is determined to do something to compete with ISIS against us.

As I blogged back on August 29:

Much of the mainstream media is playing up the threat to the U.S. from the Islamic State. Personally, I’m more concerned about Al-Qaeda beating them to the punch. I’ve already talked about Ayman al-Zawahiri needing to establish his “street cred.” But the emergence of the other band of terrorists formerly known as ISIS (the Islamic State of Iraq and Syria) or ISIL (the Islamic State of Iraq and the Levant) puts even more pressure, I suspect, for bin Laden’s standard bearers to carry out a successful major operation against the U.S. homeland, and with haste.

2. Phares suggested the plot could just be a deception, and Americans should look out for mass shootings and other terrorist acts right around Christmas

I’ve been warning about a terrorist attack in the form of a mass shooting for a while now on this blog, the first time being way back in April 2011. It’s a real threat in my opinion.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Share

Tags: , , , , , , , , , , , , , ,

Al-Qaeda Targeting 5 European Passenger Jets Before Christmas?

And just when you thought Al-Qaeda had been relegated to the tabloids comes this from the website of the Sunday Express (UK)- a British tabloid. Donal MacIntyre reported Sunday:

EXCLUSIVE: Al Qaeda plot to blow up 5 passenger planes in Christmas ‘spectacular’

TERRORISTS are plotting to blow up five European passenger jets in a Christmas “spectacular”, security experts say

The warning comes as Whitehall officials admit that a terror strike on the UK is now “almost inevitable” particularly with British jihadis returning from fighting alongside the Islamic State in Iraq and Syria.

An airport security source told the Sunday Express: “We’ve been told that five planes are being targeted in a high profile hit before Christmas. They’ve been waiting for the big one.

“We have many scares but this one nearly got hand baggage pulled from all airlines. The threat is still alive and real.”

According to MacIntyre, the plot was uncovered by U.S. intelligence.

Take the above for what it’s worth. That being said, I blogged back on August 29:

Much of the mainstream media is playing up the threat to the U.S. from the Islamic State. Personally, I’m more concerned about Al-Qaeda beating them to the punch. I’ve already talked about Ayman al-Zawahiri needing to establish his “street cred.” But the emergence of the other band of terrorists formerly known as ISIS (the Islamic State of Iraq and Syria) or ISIL (the Islamic State of Iraq and the Levant) puts even more pressure, I suspect, for bin Laden’s standard bearers to carry out a successful major operation against the U.S. homeland, and with haste.

Still feel the same way as 2014 rapidly comes to a close…

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

MacIntyre, Donal. “EXCLUSIVE: Al Qaeda plot to blow up 5 passenger planes in Christmas ‘spectacular.’” Sunday Express. 30 Nov. 2014. (http://www.express.co.uk/news/uk/541725/REVEALED-Al-Qaeda-plot-to-blow-up-5-European-passenger-jets-in-Christmas-spectacular). 30 Nov. 2014.

Share

Tags: , , , , , , , , , , , , , , , ,

Jim Rogers Details Russian Investments, Shares Outlook For Developed Economies

While searching for the latest activity from the “crash prophets” this morning I came across an insightful piece on well-known investor, author, and financial commentator Jim Rogers on FT Alphaville. Izabella Kaminska reported on the Financial Times (UK) daily news and commentary blog today:

Rogers’ Russian investments now include stakes in fertiliser maker Phosagro, airliner Aeroflot, a Russia ETF and the Russian stock exchange, but he said was looking to expand into different sectors as well…

Rogers’ bullish view on Russia contrasts significantly with his outlook for Europe, Japan and the United States. Regarding Japan, Rogers proposed that Prime Minister Shinzo Abe was doing “terrible things” to Japan and advised young Japanese to leave the country as soon as they possibly could to avoid losses. However, in the short-term, he believed there were also opportunities in the stock market as a result of the extraordinary central bank action.

Regarding the Eurozone, Rogers said he didn’t own any euros, nor did he want to because he would rather buy Russia.

As ever, his outlook for developed economies remained bleak on the basis that central banks had debased the currency and that government statistics were lying about the true state of inflation in the land…

(Editor’s note: Bold added for emphasis)

It should come as no surprise to regular readers of Survival And Prosperity that the former investing partner of George Soros has been investing in Russia (blogged about in May here).

Rogers shared with the Financial Times his reasons for selecting the above Russian investments. Good stuff by Kaminska and FT Alphaville, which you can read in its entirety here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

Share

Tags: , , , , , , , , , , , , , , , , ,

Terrorists Planning On Kidnapping Americans, Attacking Water Systems As Well As Airlines Again?

There is quite a lot of terrorism talk going on these days in the mainstream media outlets. On October 10, Mike Deeson reported on the website of Tampa Bay CBS affiliate 10 News about potential terrorist “dry-runs” on the airlines. Deeson wrote:

A memo obtained by the 10 News investigators from the union that represents pilots for US Airways says that “there have been several cases recently throughout the (airline) industry of what appear to be probes, or dry-runs, to test our procedures and reaction to an in flight threat.”

In a September 2 incident aboard a flight from Reagan National Airport to Orlando International Airport:

Crew members say that shortly after takeoff, a group of four “Middle Eastern” men caused a commotion.

The witnesses claim one of the men ran from his seat in coach, toward the flight deck door. He made a hard left and entered the forward bathroom “for a considerable length of time.”

While he was in there, the other three men proceeded to move about the cabin, changing seats, opening overhead bins, and “generally making a scene.” They appeared to be trying to occupy and distract the flight attendants.

“He made a hard left and entered the forward bathroom ‘for a considerable length of time.'” The other three men acting all anxious?

Could’ve been an earlier “chow call” gone horribly wrong with a subsequent frantic search for the Imodium A-D that was packed away in their checked-in luggage.

All kidding aside, both US Airways and the Transportation Security Administration confirmed the incident for 10 News investigators, and there’s been a Congressional call for an investigation of the matter according to a later 10 News piece.

On October 18, possible terrorist activity directed against Midwestern municipal water systems was reported on the Kansas City Star website. According to the paper:

The FBI is investigating a threat against water systems in four Midwestern cities, including Wichita, Kan.

FBI spokeswoman Bridget Patton said Friday the FBI hasn’t substantiated any threats to the four cities. She would not name those cities, saying only that they were confined to the Midwest.

Finally, last weekend it was reported that intelliegence sources have informed FOX News there’s been significant Internet chatter by terrorists urging followers to kidnap Americans overseas:


“U.S. uncovers new terror threats from Al Shabab”
FOX News Video

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Deeson, Mike. “10 News Investigators find memo warning about terrorist “dry-runs” on airplanes.” 10 News Tampa Bay. 10 Oct. 2013. (http://www.wtsp.com/news/topstories/article/339104/0/INVESTIGATORS-Memo-warns-of-terrorist-dry-runs-on-planes). 24 Oct. 2013.

“FBI investigating threat to water systems in Midwestern cities.” Kansas City Star. 18 Oct. 2013. (http://www.kansascity.com/2013/10/18/4561155/fbi-investigating-threat-to-water.html). 24 Oct. 2013.

Share

Tags: , , , , , , , , , , , , , , , ,

British Intelligence: Al-Qaeda Plotting To Blow Up U.S. Passenger Jet

Has an Al-Qaeda-trained terrorist of Norwegian descent finally received his marching orders? From the Daily Mail (UK) website yesterday:

A terrorist plot to blow up a U.S. passenger jet timed to coincide with the Olympics has been uncovered by security agencies, according to intelligence sources.

Al Qaeda intended to use a radicalised Norwegian Islamic convert to attack U.S. planes in the build-up to the London Games – which start in 26 days on July 27 – it is understood.

The plan centred on using the so-called ‘clean skin’ – a terrorist with no previous criminal record and are unlikely to raise suspicions among the security services – in order to evade airport security…

It is believed the suspect tasked with the attack uses the Islamic name Muslim Abu Abdurrahman, had converted to Islam in 2008, and was recruited in a terrorist training camp in Yemen, sources told the Sunday Times.

According to the Daily Mail piece, Al-Qaeda in the Arabian Peninsular (AQAP), based in Yemen, is thought to be behind this plot. As far as I know, there’s no comment yet from U.S. officials regarding the plan. However, CBS News picked up the story this morning, and from their website:

CBS News senior correspondent John Miller, a former Deputy Director of National Intelligence, said that despite foiled bomb plots targeting airliners, al Qaeda has not lost its fascination with commercial aviation – and that AQAP (al Qaeda’s branch based in Yemen) has been specifically assigned to find a way to blow up a U.S. plane.

“They were the architects of the first underwear bomb, they were the architects of the ingenious printer bomb which was interdicted before it could go off,” Miller said. “And I think what we’re seeing once again is they’ve tried to put a bomb on a person and get them on a plane. Whether it has anything to do with the Olympics or the Fourth of July – one of the chosen target holidays by bin Laden – is something we don’t yet know.


“Norwegian At Center Of New Al Qaeda Plot Fears”
CBS News Video

Sources:

“Al Qaeda ‘plot to blow up passenger jet’ in run up to Olympics uncovered by security forces.” Daily Mail. 1 July 2012. (http://www.dailymail.co.uk/news/article-2167166/Al-Qaeda-plot-blow-passenger-jet-run-Olympics-discovered-security-forces.html). 2 July 2012.

“Norwegian at center of new al Qaeda plot fears.” CBS News. 2 July 2012. (http://www.cbsnews.com/8301-505263_162-57464755/norwegian-at-center-of-new-al-qaeda-plot-fears/). 2 July 2012.

Share

Tags: , , , , , , , , , , , ,

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

PLEASE RATE this blog HERE,
and PLEASE VOTE for the blog below:



Thank you very, very much!
Advertising Disclosure here.
ANY CHARACTER HERE
Emergency Foods Local vendor (Forest Park, IL). Review coming soon.
ANY CHARACTER HERE
Legacy Food Storage Review coming soon
ANY CHARACTER HERE
MyPatriotSupply.com reviewed HERE
ANY CHARACTER HERE
Buy Gold And Silver Coins BGASC reviewed HERE
ANY CHARACTER HERE
BulletSafe reviewed HERE
ANY CHARACTER HERE
BullionVault BullionVault.com reviewed HERE
This project dedicated to St. Jude
Patron Saint of Desperate Situations

Categories

 

Archives