[VIDEO] Jim Rogers - Globetrotting central bank corridor, Fed tasting menu

Jim Rogers' take on gold, central banks, and the Far East, and Perianne digs into the fine print of the US gold audit.

Gold has taken a downturn after a 12 year bull run. In the United States, the Fed is hemorrhaging cash under a massive bond buying program with consequences that have yet to be seen. Japan is easing similarly, but on an even larger scale relative to their GDP. China's economy has slowed down after several years of "self-reported" steady growth. But what do we make of all this and what does it mean for the average consumer? Perianne speaks with the well-traveled Jim Rogers and author of "Street Smarts: Adventures on the Road and in the Markets." Plus the US keeps only a small part of its gold holdings with the Federal Reserve. The bulk is warehoused in bases, such as Fort Knox in Tennessee and West Point in New York. The military that safeguards the bulk of the nation's gold-- not the New York Fed. Today we look into the fine print of US gold holdings.


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%.