Jim Rogers : don't sell your Gold don't sell your Silver
"Printing money has always led to more inflation. " Investor and Wall Street legend Jim Rogers shows concerns about the economic developments all over the world. He sees QE2 as a mistake.(broadcast on 12/09/2010)
Jim Rogers favors investing in the Chinese Yuan he calls it the less risky investment he knows about right now ....
"The printing of money has always led to rising inflation."stock market legend Jim Rogers is concerned about the current economic development around the world. He considers the planned second quantitative easing, the U.S. better known as the QE2, is a mistake.
Jim Rogers was also outraged about the ideas on how to solve the problems in Europe. More money in order to strengthen the crisis states is unmoral. "You are destroying the people who save to invest in their future. This is not good!", says Jim Rogers in his interview with DAF-US-correspondent Caroline Scherr. More optimistic are Rogers outlooks on commodities. He advises to hold on to gold and silver, but also agricultural prices are depressed. He likes investing in depressed things and sees here a big investment chance.
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