Tuesday, September 24, 2013

The Federal Reserve Will Disappear Too

"In America we have had three central banks in our history. The first two disappeared. In my view, this one is going to disappear too because between Mr. Greenspan and Mr. Bernanke, oh my gosh!, you know, they don`t have a clue. And they fortunately, I don`t know if I should say fortunately, one result of their actions is going to be that the central bank will disappear two, eventually." - in Rand Radio Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF (SPY), SPDR Gold Trust ETF (NYSE:GLD), iShares Silver Trust ETF (NYSE:SLV)

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).