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).
"I do not see enough significant permanent new supply in almost
anything, which can cause the end of the bull market in commodities." - in International Business Times
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).
