ANCHOR, OFF-CAM, (ENGLISH) SAYING:

When do you actually see Fed tapering taking place?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

Well, it looks like Mr. Bernanke's going to leave in January, and that he's probably going to leave because he knows he wants to get out before the whole thing collapses, which I suspect not before he leaves because he doesn't want to take credit for the eventual problems. Maybe next year, maybe the year after? They've said they're going to do it until 2015. Just because they say something doesn't mean it's going to happen.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

Is the US economy strong enough for the Fed to pull that out?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

Of course it is. Listen, this is an insane policy. It's an insane policy. Even if an economy is not strong enough, debasing your currency and printing staggering amounts of money has never been a good long-term or medium-term policy. So yes, the economy is strong enough. I can't conceive that we're doing it in the first place.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

And what about treasuries, are you shorting treasuries?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

No, I'm not short treasuries - I was. I covered treasuries on Cyprus day. I am short junk bonds because when the bond market starts to unravel - when, if it ever does - the bond, the junk market is going to be the most susceptible.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

And how are you shorting junk bonds?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

Through ETFs.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

And who is going to replace Bernanke? I know you're not his biggest fan but who is going to replace him? And is it going to be better, is he going to be better; or she?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

No, it's going to be somebody who agrees with Mr. Bernanke. You know, Mr. Bernanke and the whole staff are going to go to Obama who haven't said it's got to be this lady, it's got to be this guy, because they understand how we think, they understand what's going on. It's madness for all of us, it's not good for the us, it's not good for the world. But it'll be somebody who thinks like Bernanke.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

Another business personality is facing a big test - that is JPMorgan boss Jamie Dimon. Shareholders vote on May 21 to split the CEO/Chairman role. Is the bank too big for one man?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

Well, who knows? I don't know, I'm short JPMorgan calls. But usually if you have anything, two people are better than one. If the two people are compatible and can work together, normally two is better than one. Yes, it's pretty simple in life. But I don't know if Jamie can do it better than two people or not.

ANCHOR, OFF-CAM, (ENGLISH) SAYING:

Then what happens if he leaves?

JIM ROGERS, CHAIRMAN, ROGERS HOLDINGS (ENGLISH) SAYING:

Stock is going to go down for a while, but then JPMorgan did not build JPMorgan. It may be a surprise to Jamie Dimon, but he did not build JPMorgan.