Wednesday, September 19, 2012

Next Recession Going To Be A Lot Worse

Jim Rogers : We had a recession in 2002, and it was worse in 2007-08 because the debt was so much higher. Next time is going to be a whole lot worse because the amount of debt is staggering. We’ve shot our bullets. What more can they do...quadruple the debt again? - in Reuters

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).

Be Very Worried About 2013

Jim Rogers : Be very worried about 2013 and be very worried about 2014, because that's when the next slowdown comes. - in Resource Investor

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).

Printing Money Never Made A Fundamental Change In Any Economy

Jim Rogers : Never in history has printing money made a fundamental change in any economy. - in Reuters

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).

Central Banks Around The World Are Printing A Lot Of Money

Jim Rogers : I own precious metals because I expect more money printing. I own gold, I am not selling gold, whenever gold goes down I buy more. If it goes down a lot I hope i’m smart enough to buy a lot more because the price is going to go much higher over the next decade. Politicians around the world are printing a lot of money that’s the wrong thing to do, but that’s what they’re doing and whenever they print money the way to protect yourself is own gold, silver, platinum, palladium, any precious item will protect you in time like that. - in Gold Made Simple

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 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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