Tuesday, September 29, 2020

Jim Rogers Shares 3 Tips to Survive Coming Economic Meltdown; Says Gold, Silver Will See Mania


Famed investor Jim Rogers, who co-founded the Quantum Fund with George Soros speaks with Daniela Cambone about the coming economic meltdown and how to prepare. 

"Learn about gold and silver because they will go into a period of mania," the author of Hot Commodities said. 

"I'm always shocked to see how little people know about the world, money and investing," 

Rogers said speaking from his home in Singapore. On the topic of the markets ahead of the U.S. election, Rogers said politicians will do anything now to keep it afloat, "you should be more worried about 2021."

Monday, September 14, 2020

Debt is Going Through the Roof and We Will Pay the Price

In 2008, the world had a big problem because of too much debt. Since then, the debt has skyrocketed everywhere, even in India and China. Ten years ago China had virtually no debt. Now they have got a lot of debt. Everywhere does. The next time we have a problem and we are having it now, it is going to be the worst in my lifetime. It is a simple statement. The debt is much, much, much higher now. It has to be worse. We have these problems every few years. The next is going to be horrible.

The United States is spending trillions with the T and printing trillions of dollars; what do you mean nothing happened? The Bank of Japan, the guy goes to work, turns on the printing presses, print as fast as he can. All over the world, all these central banks and governments are printing and spending and borrowing as much as they can. Of course, the market is going up...

- Source, Economic Times