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Newsmaker: Japan, get ready for a united Korea - Rogers

Saturday, May 18, 2013 - 03:25

May 17 - Korea will unite in five years and challenge Japan's economic might according to Jim Rogers, CEO, Rogers Holdings.

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There's and I know that you are a big and investing in North Korea you old gold coins stamps I'll I'll see you playing market. In my view within a few years is going to be a merger of the north in this album gonna have a dynamic new country right there on the Chinese -- to do. -- -- huge competitor for Japan Japan doesn't want the merger but I suspect is going to happen and why it is in Japan. Coast and now have a. Competitive with 75 million people cheaper labor in the north discipline educated labor huge natural resources in the north. Combined with -- management and capital from the from South Korea -- powerhouse Japan could compete with -- and why -- the Chinese sport. Dependent -- have to compete with something like that it is how many years is north and south street emerged just four years five years side you. You righted I see -- in 2018. And -- -- definitely that country that the kid and you refer to him and the kids well the kid the kid probably won't secure and probably have seven nights the maybe Nelson and it. America to get an MBA or something hit and it's part of the deal. You'll get an MBA and honor we'd have to study you'll get hasn't yet made from -- -- -- because it can be hit from Wharton. Maybe a -- go to California maybe you like degrees. -- California kids throw while. Last year merely spoke of it about Myanmar there bullish on the country. How do you playing at her or you are aware there's one company that it's listed in and Singapore that I own and I've -- for a long time. But I don't know any other way yet there is no stock exchange are gonna openly and 2015. And say. But that's -- we're going to. And Russia would blossom and we're also looking and looking for ways. I've only have a few small investments in Russia I'm trying to find stocks or bonds. But I don't wanna by the mainstream ones I went about it the different things maybe I'm being -- -- by the -- in my by the -- -- and. They're Reuters is speaking to the president of Liberia does West Africa interest you and if so how would you play those types of markets fragile markets in Africa. What happens extreme interest to me most of them have stock markets. Ghana has the stock market Ivory Coast has the stock market Nigeria -- stock market you can you can play I don't have investments and you know West Africa at the moment but I have had in the past asserted many ways to play. -- -- You know but I don't I don't I don't think yeah it'll go on -- I'm not buying or I wouldn't I go now. I'm waiting for go -- I don't in my view the gold bottom whatever the bottom is has been made yet. Final bottom and probably won't get it right but if -- and hope I I won't go and win went to buy him. Tell me when the -- as well so you know watch Thomson Reuters and figure out when the bottom is that's hope I'll buy them and how lol we'll gold bill. I don't know I don't know how you haven't. The normal reaction serve 40% 50%. In a 60% sometimes you have. Reactions in the you have to expect to have a correct. Go hasn't corrected for twelve years not a proper correction twelve years so his needs this is overdue I welcome this even though I don't know. Welcome what's going on because and they blow him -- very solid final bottom in. The bull market -- reason.

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Newsmaker: Japan, get ready for a united Korea - Rogers

Saturday, May 18, 2013 - 03:25