Thursday, December 12, 2013

I Cannot See A Crash Anytime Soon

Right now we have all these people printing so much money. So, I cannot see a crash anytime soon. I can see corrections, I can see the markets going down a bit and for a while but with all the money printing everywhere in the world and no constraints on Congress now, Congress gets free to spend as much as they want to...They have moved the debt ceiling, they are afraid to do anything about it. So, with all the money printing and all the spending everywhere in the world, this could go on for a while.

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).