'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'
'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'
'I am more optimistic about India than before.'
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
Rising star Brandon Nakashima handed fellow American John Isner a first round defeat at the Indian Wells.
Jim Rogers says India needs to do a lot to put its house in order.
They should open up their market to countries like Australia, Germany, America and other free market economies.
He also feels that central banks have injected too much liquidity, which is not sustainable and will end badly for investors.
Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that the US bond market that hit bottom in 1981 and has been in a bull-run since then, is coming to an end.
Jim Rogers' decision not to invest now is not India-specific, but has to do with the problems relating to how the major global economies are shaping up.
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
'I think the markets will move up given that there will be more money.'
'I am not optimistic about the global economy for the next couple of years.'
Rajan tells RBI colleagues he will be returning to academics
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