Friday, March 21, 2014

There Is Liquidity Floating Everywhere

If anybody is being artificially inflated right now, it is the United States. But its not just the United States, it is everybody. Everybody has low interest rates. This is the first time in recorded history we have had every major central bank printing huge amounts of money trying to debase their currency.

So, what we have is an artificial, a huge artificial ocean of liquidity floating around the world. Yes, some of it floated into Asia, a lot has floated into the United States. I mean, it is amazing that stocks in the United States are near all time highs even though economic conditions certainly aren`t as good as they should be at an all time high. But that is because of this artificial ocean of liquidity floating everywhere.

Related: SPDR S&P 500 ETF Trust (SPY)

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).