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Jim Rogers talks markets and owning gold

  • Wednesday, November 20 2013 @ 12:27 AM EST
  • Views: 3,265
Gold Jim Rogers is if anything a very astute investor who called the emerging market and commodity boom a long time ago. He has been so confident of this trend to have moved (himself and his family) East to Asia. Jim has been pretty bullish on gold as well though he has often come across as a broad commodity bull. In this interview with Rachel Mills of the Birch Gold Group, Rogers talks about a possible consequence of central bank easing - a massive collapse of the financial markets. For this type of scenario, he recommends a gold based insurance policy.



A couple of choice quotes:

“Eventually the markets will just say, ‘We’re not going to play this game anymore’, and we’ll have a serious collapse...."
"We’ve got to stop this, this is going to be bad...”
“Everybody should own some precious metals as an insurance policy. So if they don’t have any right now, I would urge them to go buy something...”
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