Gold vs US Treasury Bonds which is a good investment ?
Investing in US treasuries Jim Rogers debates Howard Lutnick , amazingly enough this time Larry Kudlow takes Jim Rogers side . Jim Rogers warns about the FED continuing to print ever more dollars , , the inflation is coming our way , china Brazil Russia and other nations are looking for ways to dump the dollar as a reserve currency ""I’m afraid they're printing so much money that stocks could go to 20,000 or 30,000," Rogers said. "Of course it would be in worthless money, but it could happen and you could lose a lot of money being short."" said jim Rogers . Rogers called the US dollar a "terribly flawed currency," adding that it could be the starting point for the next currency crisis."I would suspect that somewhere along the line...someone's going to say, 'I'm going to start selling mine before everybody else does,'" Rogers said. "That's when you have a currency crisis."
But instead of pouring money into stocks and Bonds , Rogers said investors should invest in hard assets and commodities. This sector will lead the recovery if the global economy improves, and if it doesn't, they'll still be the best place to be because of the hyperinflation, he said.
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