In an EXCLUSIVE Interview with Future Money Trends July 2013 Jim Rogers was asked if Bernanke was giving us a floor with his easing program. Rogers answered, “A floor? No, there’s no such thing as a floor, because when it ends the whole thing is going to collapse, it’s going to be worse than 2008, 2009.”He added, “I’m very worried because I know it’s going to end and end badly.”
He cautions people to invest only in what they know. Don’t listen to him or anyone on the internet.
“Be very, very alert that once these people stop printing all this money, it is going to end and end badly,” Rogers said.
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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%.
