Sunday, February 19, 2012

Europe needs to stop bailing out Greece

Jim Rogers : Europe needs to stop bailing out Greece. The real issue is are they going to change their ways in future? If they do that, the situation will improve. Just sorting out Greece is not enough, if they were to address the problems in other countries then that would be exciting. But I do not think they will. - in Investment Week

Gold Will Not Go Over 2,000 USD This Year

Jim Rogers : I do not think it will go to 2,000 dollars an ounce this year, no. I own it and I am not planning on selling it. It will go over 2,000 dollars an ounce one day, but not this year.

I Am Worried About 2013, 2014

Jim Rogers : Things look better, but whether it is actually real or not is the question. I am worried about the U.S., especially in 2013 and 2014. In the U.S., they are going to continue printing money and sending out good news to win votes this year. - in Money News

Countries All Over The World Are Debasing Their Currencies Now, Singapore Is Not

Jim Rogers : "I still hold all my gold - if gold goes down more I will certainly buy more gold. Gold is going to be much, much higher over the next decade. Countries all over the world are debasing their currencies now, Singapore is not. But nearly every place else yes. I think I have to own some gold." - in Channel New Asia

The Situation Is Getting Much Worse

Overall, the situation is getting much worse. They’re spending other peoples’ money, they’re printing money, so overall, I’d be very worried about 2013-2014, and maybe even later in 2012 if it becomes clear that 2013 is not going to be fun. - in the money man report

Don`t Listen To Governments

If you listen to governments, then you are not going to make a lot of money. Governments lie, distort and make mistakes. - in CNBC

Europe As a Whole Is The Largest Economy In The World

Europe as a whole is the largest economy in the world. If Europe has problems, we in the US are going to feel those problems. - in CNBC

Own Real Assets

Jim Rogers : My way of playing this is to own real assets like commodities. You now have the Bank of England, the Bank of Japan, the Federal Reserve printing money. The way to protect yourself at a time like this is to own assets. - in CNBC


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