Jim Rogers on the Larry Kudlow CNBC 03 Aug 2011

Jim Rogers : well silver went up too Larry just to throw in a correction , the take is that the American economy got serious problems these clowns in Washington are increasing the debt , the idea that the solution to too much debt and too much consumption is too much debt is laughable Larry , the world understands that you should be very worried "
"what you got to do is take a chainsaw and cut the spending in Washington and do something about it Larry , America is the largest debtor nation in the history of the world this cannot go on , our creditors someday are going to say no more and that day is getting closer "
"Larry the study shows that you make more money in commodities than in the commodity stocks I own all the commodities as I said , Larry if things don't get better governments are going to print more money it is the wrong thing to do but Mister Bernanke is already talking in July and in August about printing more money , when they print money when they debase the currency you have to own real assets "




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.