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Jim Rogers; "Sell Everything and Run For Your Lives"
- Friday, October 17 2014 @ 10:00 am EDT
- Views: 3,589
It has been a while since we've featured market commentary from Jim Rogers but here he is in a recent interview with Erin Ade of RT where he continues to be in top form. Jim seems quite bearish on all assets; including we assume gold and silver. He is still long agriculture and is an especially big fan of sugar, though we hope that his confession of swiping sugar packets from the RT studio's green room was only meant to add more colour to his investment views.
"I know another bear market will come....the next bear market will be much worse than the last one because the debt is much higher...This is the end of the bull market. (US) Stocks will fall 20%."
"We are all going to pay a terrible price for all this money-printing."
"The move away from the U.S. dollar is yet another reaction to Western sanctions placed on Russia since it annexed Crimea from Ukraine in March."
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