Thursday, December 12, 2013

The Fed`s Dangerous Game

When they eventually say, "we are going to start to cutback now", the markets are going to go down fairly substantially. It is going to scare the bureaucrats. These are people that are just government employees and they are going to be scared to death and so they are going to start printing again until finally the market says, "We are not going to take this garbage paper anymore, we do not like this game anymore", and then the market is going to force these guys to stop and that is going to be called a crisis.

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).