and europe your thoughts jim rogers. mags go back and look at every time somebody has been a point for the head of the central bank in the past when you 30s always brought in is rock star when thank you was a rock star greenspan was abroad neither one of these guys had a clue what was going on i got it wrong over and over and over again but every time they break them in the press because of the government p.r. these guys are geniuses and they're going to study but unfortunately unfortunately all of us is rock stars and turned out to be men with feet of clay and they haven't done what they're doing and they're going to lead us all into a serious they are leading us into a serious serious problem well so they're kind of yes then he will print money just like everybody else that's not that's not going to save us right now seems up to me the philosophy of the central bankers including mark carney is to look at asset prices and bond prices as their pricing is all that they work off of and but they don't seem to take into cons

one of the most influential people in this debate is jim rogers. ers and his company rich, but as he told scott pelley in 2009, he also knows what coal does to the environment. [helicopter blades whirring] >> jim rogers wanted us to see america's enormous dependency on coal, so he flew us out to one of his 20 coal-burning power plants. >> i remember the first time i took a helicopter to look down at a power plant like this, i was 41 years old, and i said, "oh, my goodness, i'm responsible for that?" >> rogers is the ceo of duke energy, the nation's third largest electric utility. his smoke stacks pump out 100 million tons of carbon dioxide every year, which makes what comes out of rogers' mouth so surprising. controlling carbon emissions in the near future is inevitable in your view. this is gonna happen. >> it's inevitable, in my judgment. >> you're one of the biggest polluters in the world when it comes to carbon emissions. >> we're one of the largest emitters, and it tells you how daunting the challenge is that we have in front of us. >> you know

we have jim rogers on later. rob, thanks a lot. ve a good one. >> he does not like what bernanke does. connell: thank you. we will talk to jim later. thanks for coming on. we appreciate it. >> thank you. dagen: breaking news. janet napolitano is ready to call it quits. she is a forming the white house that she will be stepp down in september to become president of the university of california systems. talking about berkeley and ucla among the universities there. she was expected to stay on for a second term. a little bit of a surprise. she was highly recommended to the university of california region. connell: ups. ups blaming a slowdown in the industrial economy in this country for a week earnings report. the big economic report. i am happy investors are getting out of the stock. that is sure. dagen: investigation looking squarely at the pilot from the san francisco plane crash. connell: looking for love on facebook. [ laughter ] ♪ i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business

jim rogers is here also. all that and more this hour on "markets now." ♪ dagen: i am doing a show with you. connell: i do not know what that sounded like. it legitimately scared me. dagen: i need a pickup truck and i am seriously considering the f1 50 that will come out and run on natural gas. we got some positive news on the job market this morning. nicole petallides has more on this. nicole: good morning. i wanted to take a look at the major averages. all with of arrows. you are seeing a lot of of arrows. a lot of the names are doing well. again, as i noted, posting some games. 200,000 jobs added. this is ahead of our monthly payroll report. it did cost $38. they are into gaming now. dagen: thank you, nicole. connell: we will talk more about this. we did mention facebook is planning to step into this new round of advertising. dennis: is facebook going to be the tv killer? for the first time, bloomberg reports facebook is looking at putting in 152nd video ads into users feeds. think of some of the numbers he

years ago, i remember we were sitting down with jim rogers and during a commercial, you leaned in toim, and you uttered one word. you said, coffee? >> yeah, he should have bought it. single-serve. >> you weren't asking for a cup of coffee at that point. you saw that coming. now the word you're saying is bourbon? >> well, american bourbon, spirits, alcohol, about a $600 billion business on a global. bourbon is only $8 billion. so to the degree you buy jim beam, brown foreman, and wild turkey, you have a strong tailwind of those companies and those consumers around the world that want to buy this product. >> consumer tastes are fickle. that can change on a dime. >> slowly. >> okay. >> you walk into a bar tonight with me and we can have a jack and coke and see what everybody else is drinking, and i'm not knocking anybody else's product. i mean, you know wild turkey is your preference. notwithstanding that, there are a lot of other stocks that we like, like malone. why did he buy into cable, what does that mean for cablevision? chuck dolan has an opportunity, maria, to take cablevision a

i like to remind our next luncheon speaker which is jim rogers the president and ceo of duke energy. i like to present our guest with the traditional national press club coffee mug. >> thank you. >> for the last question, let's go back to our speech. you worn a lot of hats during your life so far and you seen regulations from many different angles, if you could choose only one federal regulation to rescind, what would it be? ... [applause] >> thank you for coming today. thank you to our audience. i would also like to thank the national press club staff. here is a reminder, you can find more information about the national press club on our website. if you would like a copy of today's program, lease check out the website. thank you, we are adjourned. >> tomorrow night, we will show you other business leaders from ups, goldman sachs, american express and other companies and take your calls on what it is like to work for a company or run your around. tonight, we will show you what southwest airlines ceo has to say about u.s. air travel. we will open our phone lines to get your thoughts.

jim rogers is here also. all that and more this hour on "markets now." ♪

i read before we got on air, an interview with jim rogers who would not buy gold now in the midst of bottom. more to the downside, showing it over 1200, and jim figures it's between 900 and 1,000. how do you see gold? >> caller: well, he may know more than i do. it's possible it drop further. it's also possible that even the incredible very sentiment that they are thinking about, the outlook of the price, and given the stock of gold declined by almost 40%, and also begin the money printing that we have around the world, that gold is making lows right now, who knows. my sense is that we never know exactly which is the high and which is the low. that's why there are more poor people than rich people otherwise everybody buys at the low, sells at the high the same day. connell: are you hanging on to gold, or is that something you say, all right, let me add to the gold holdings right now? >> i'm holding gold. i will never sell my gold, and i'm buying more on this weakness. connell: okay. going up at 1200? >> well, i think it's an asset that's not a liability of somebody else. i feel deepl

afternoon highs, jim rogers getting into the mid '80s for los gatos, 80 san jose, 84 evergreen, 89 antiochn. 73 oakland and san leandro, 74 union city, fremont and coastal areas 62 expected four ocean beach. 66 have monday, upper 60s downtown san francisco in the north bay expecting plenty of sunshine. low 80s napa, sonoma, 80 mill valley. we are expecting pretty similar conditions tomorrow. warmer conditions heading into sunday and temperatures will cool off once again into the next workweek. >> light traffic around the bay area but we still have a problem with public transit. caltrans are delayed on the peninsula. there was an incident that occurred in the northbound direction. it involved a pedestrian being struck by a northbound train near the atherton station. they are still single tracking on the southbound side. they were talking about bus bridges, that may not be necessary any longer. the single tracking is here but there will be delays continuing until the investigation closes. a quick look at the light traffic around the bay shows a small commute at the bay bridge toll plaza. a f

i would like to remind you of our next speaker who is going to be here with us, jim rogers from the president and ceo of duke energy on august 8. secondly i would like to present our guest with the traditional national press club coffee mug. >> thank you. [applause] >> for last question, let's go back to your speech. you have one a lot of hats during your life so far. you have seen regulations from many angles. if you could choose only one federal regulation to resend, what would it be? >> only one? [laughter] well, it is probably cheating to say that that is the wrong question. [laughter] >> in the hundreds of thousands. so i don't know how to answer that question. .. [applause] civic figure for coming today and to our audience also the national press club staff including said journalism is to and broadcast center for today's you have. you can find more information on our web site. account the web site if you would like a copy of today's program. thank you. we are adjourned. [applause] [inaudible conversations] >> we want to introduce you to first-time author randi zuckerberg. >> double auth

first of all, i'd like to remind you of our up-next luncheon speaker who's jim rogers the president and ceo of duke energy on august 8th. secondly, i would like to present our guest with the traditional national press club coffee mug. >> thank you. >> thank you. [applause] and for the last question, let's go back to your speech. you've worn a lot of hats during your life so far, and you've seen regulations from many different angles. if you could choose one, only one, federal regulation to rescind, what would it be? >> only one? >> just one. [laughter] >> it's probably cheating to say, you see, that's the wrong question. [laughter] it's not the one that's the problem. it's the hundreds of thousands that's the problem. so i don't know how to answer that question. but what i guess if i had to wave a magic wand, here's what i would wish for: i would wish that our elected representatives would come to this city every day and instead of thinking about all the people that they think about who have offices here in town, they would come to work every day and think what am i going to do today to

to other jobs and the governor that i worked for, jim blanchard, is such a person, as is bud selig today. >> rose: who are the other three three? >> roger altman. bob downey, goldman sachs. and then randy cox, c.e.o. >> rose: so this whole accumulation of experience prepares you do what? >> in my mother's eyes damn little. >> rose: (laughs) >> shi keeps saying "this is all nice, bob, what about a career?" >> rose: your wife says why can't you be on t.v. like charlie sfloz >> all sorts of cheap shots from all over the place. you know, as you can fully appreciate given the interest that you have and why you're such a good interviewer, you are interested in what people say and what they've done. like you've been very lucky, done a lot of different things, probably not good at anything but enjoyed everything along the way. >> rose: thank you. >> thank you, enjoyed it. >> rose: christian louboutin is here. he is one of the biggest names fashion and footwear. his red lacquer soles have become iconic. his designs can be elegant, flirty, often outlandish. in recent years he's also expanded into men's shoes. i am pleased to have him here at this