Jim Rogers predicts a New Recession in 2012

In recent interviews with CNBC and NDTV Jim Rogers was predicting a new recession to come "the world is going to be in worse shape because the world has shot all its bullets." "Is Mr Bernanke going to print more money than he already has? No, the world would run out of trees." Jim Rogers explains that he does not believe that the world economy is going to get any better and that unfortunately the only solution the Central Banks know is that of printing more money..." I suspect to see slower economies in much of the world you're gonna see more money printing and the stock markets are indicating that as well as the commodity market ...in the west we had this gigantic amount of money which was spent trying to promote the market it worked for a while the economy got a little bit better at least for the people who received the money , they thought things were better , well now people are coming to realize that things are not better they are worse for most of us ....
I own gold I have no intentions of selling it especially given the scenario that I have outlined a minute ago of more money printing I have no idea what's gonna happen to gold , I think I will make more money in other commodities than I will in Gold ..well...Gold have been very strong , look at some of the things that are still very depressed I think that's where the opportunities are but i am not selling my gold , if it goes down a whole lot i hope I am smart enough to buy some more ...
If you have people who are insisting on precious metals tell them why do not you buy silver instead of gold , silver is 70 percent below its all time high and gold is near its all time high ! but other things like energy , look at natural gas , natural gas is far below its all time high , crude oil has been very strong for the past year or so , but I really think agriculture is the very best place to invest , because most agricultural products are fairly extremely depressed on any kind of historical basis ......
I still own my Euros I do not quite know what I am going to do with them , I have no intention of selling them you can ask me tomorrow or next week or next year , it will depend on how events unfold , but so far I am very pleased that I bought the Euro , once again not That I particularly know what I am doing but normally when you see market collapsing with great pressure it's time to buy them that's why I bought the Euro .......etc..