Serious AMDK Jim Rogers: Trump is going to be friendly with Russia. Sell China Buy Ru

[Sammyboy RSS Feed]

An honorable member of the Coffee Shop Has Just Posted the Following:

CNBC Quarterly Investment Guide:

Investing legend Jim Rogers: 'Forget China, buy Russia' http://www.cnbc.com/2017/01/09/inves...uy-russia.html

- Relations between the United States and Russia will improve when Donald J. Trump takes office as the 45th president of the United States, providing a boost to its depressed economy. There is also the chance that sanctions imposed on Russia over its role in the conflict in the Ukraine may be eased.

- "Trump is going to be friendly with Russia. That's an enormous change. You're going to see the rest of the world remove sanctions."

- China is a bigger risk. Trump's hawkish stance on China will stall the country's economic growth engine.

- "Some guys that Trump has appointed do understand how the world works. On the other hand, he's got some people who are vehement that they need to attack China," Rogers said.

- Through the first 10 months of 2016, the United States exported $92 billion worth of goods to China and imported $381 billion worth. Because of this risk, Rogers said, "the U.S. dollar is going to continue going up against nearly every currency in the world."

- "If Mr. Trump does what he says, Chinese equities certainly are not going to go up."


Click here to view the whole thread at www.sammyboy.com.