Wednesday, May 2, 2012

The Next Slowdown Is Going To Be Even Worse

Jim Rogers : In 2002 we had a slowdown, 2008 was worse because the debt was so much worse, the next time around is going to be worse still, because the debt just keeps going up by staggering amounts.


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

The FED Has Zero Credibility

Jim Rogers : Mr. Bernanke has zero credibility as far as I am concerned. The Federal Reserve has zero credibility. - in  the WSJ 


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Gold to Go Down Much Lower

Jim Rogers : What I said was, if gold gets to $1100 or $1200 or $1300, I would hope I’m smart enough to buy more. I don’t know if it’s going to go there or not. I may buy it at $1850 if war breaks out with Iran. It depends on what happens in the world. What I said was that it won’t surprise me if gold goes down much lower; that’s normal for the way markets work. And if it goes there, I hope I’m smart enough to buy more. But if it goes to $1,550, I would probably buy more. Just depends on what happened. - in Seeking Alpha 


 
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Jim Rogers: Worst Social Unrest Will be in America and Europe

Jim Rogers is interviewed on Wall Street Journal and tells his interviewer how Rogers is worried about the real estate bubble in China that is going to burst, the inflation and also that the currency is not convertible yet. Rogers also talks about the demonstrations in China, and uprising. We have seen thousands of demonstrations in China every year. However, he is more worried about the social unrest in America and Europe, as it will be even way worse than it is in China, although we don’t see


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

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