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%.

Monday, February 20, 2017

Jim Rogers Dire Warning : a $68 Trillion Biblical Crash Dead Ahead

Jim Rogers Reiterates His Call For A Crash Of Epic Proportions

last year we covered a number of big-name investors warnings regarding the future financial markets many had quite a start view including george soros quantum fun co-founder Jim Rogers this past May Rogers had such a dismal outlook that he warned a 68 trillion-dollar biblical collapse is poised to wipe out millions of Americans since then the Dow's hit record highs above 20,000 and many other fragile bubbles continue to expand and just this week Jim Rogers did a podcast interview on macro voices in which he was questioned on a variety of topics he didn't contradict any of his previous statements though he certainly had opportunities to do so most notably Rogers offered another warning statement saying get prepared because we're going to have the worst economic problems in your lifetime and a lot of people are going to disappear Jim went on to reference the demise of both Bear Stearns and Lehman Brothers which were around for 90 years and over 150 years respectively both despite surviving two world wars still disappeared overnight while days before Jim Cramer on CNBC admonished at Bear Stearns was a bias $62 six days later it was bought out by JPMorgan for two dollars a share are you worried about bear stearns in terms of quitting get my money out there no no no Bear Stearns is fine do not take your money I didn't really get there's one boy other than a plus for hundreds of 1 bear stearns is not your shovel and Rodgers thinks it's possible that many companies and even countries may soon no longer exists just as their Stearns and Lehman Brothers disappeared Trump seems to have an inclination to start trade wars with China and Mexico among other countries members of trumps cabinet also are willing to comply with Trump's desire for war a war would be a most destructive event at this point in time but it's certainly a possibility as 2:09 Rogers indicated Rogers is bullish on 2:12 the US dollar in the short term but he 2:14 points out the dollars potential upside 2:16 is not based on fundamental 2:17 but rather on investors not knowing 2:20 where else to place their funds he 2:22 mentions how despite many investors 2:24 perception that the dollar is a safe 2:26 haven it no longer is and that will come 2:29 back to hurt a lot of people if the US 2:32 dollar bubble continues to inflate over 2:34 the short term the way Rogers expects he 2:36 anticipates that a number of countries 2:38 and companies that are overextended in 2:40 US dollars will go bankrupt as a dollar 2:42 climbed higher and they're no longer 2:44 able to service their death and he is 2:47 certainly putting his money where his 2:48 mouth is by encouraging people to buy 2:50 gold on the diff in fact this is a move 2:53 that is reminiscent of stanley 2:55 druckenmiller decision to answer back 2:57 into his goal position Rogers was very 3:00 clear in this particular interview that 3:02 he wants to own more gold and silver he 3:05 wants to buy it at a lower price and 3:07 expects short-term Corrections which 3:09 will allow him to do so if you recall 3:12 Rogers has been a strong proponent of 3:14 physical gold ownership for a while he 3:16 reaffirmed his admiration for the metal 3:18 back in his 2016 interview with parents 3:21 where he told them if Trump does what he 3:24 says he's going to do such as wage trade 3:26 wars and it's going to be bad news for 3:28 all of us trade wars have led to 3:30 bankruptcy and bankruptcy is often led 3:32 to war at that point you'd better own a 3:35 lot of gold in light of Donald Trump's 3:38 rhetoric of late we completely agree 3:40 with them for long gold and precious 3:42 metals as well as Bitcoin which we still 3:45 think is a massive by to get the best 3:47 information on not only surviving but 3:50 prospering during the coming collapse 3:52 subscribe to the dollar vigilante 3:53 newsletter at dollar vigilante calm / 3:55 subscribe where you'll be provided with 3:58 specific recommendations analysis and 4:00 steps you need to take to 4:02 internationalize your assets also join 4:05 us for the TV internationalisation & 4:07 Investment Summit inactive focal Mexico 4:09 on februari 24 where many of the world's 4:12 top experts will give you their best 4:14 analysis and advice on how to survive 4:17 and prosper during this collapse people 4:19 such as G Edward Griffin david morgan 4:21 gatas bill Murphy fix we're and many 4:25 more and being held directly after will 4:28 be four days of an arc apoco the largest 4:30 voluntary 4:31 and anarcho-capitalist conference in the 4:33 world from every twenty-fifth 228 we 4:37 hope to see you there 4:40 [Music] 4:46 the world is going to be dramatically 4:48 different in just a few short years the 4:51 European Union is fracturing beginning 4:53 with breakfast 4:54 Donald Trump is ushering in a new era 4:56 populism and protectionism government 4:59 debt is wildly out-of-control numerous 5:02 central banks have gone to negative 5:03 interest rates in order to keep the 5:05 system going just a little while longer 5:07 capital controls are increasing while 5:10 the war on cash has been pursued with 5:12 further in places like India and 5:14 Venezuela the World Bank IMF bank of 5:18 canada george soros jacob rothschild and 5:21 many more warned that we're in uncharted 5:23 waters on the edge of collapse putting 5:26 your money in a mutual fund and holding 5:28 it for 30 years will not work anymore 5:31 jeff berwick has been warning at this 5:32 since founding the dollar vigilante with 5:34 a Google in 2010 and his cause have been 5:37 epic 5:38 he was the first permanent financial 5:40 commentator to tell his subscribers and 5:42 the public to get into bitcoin when it 5:44 was three dollars in 2011 it is 5:47 currently eight hundred dollars 5:49 what's your connection to report my main 5:52 connection isn't incredibly excited 5:54 about it bitcoin is the revolution and 5:55 money and banking the same way that the 5:57 internet was a revolution with what what 6:00 bukas has been one of the few to one of 6:02 the two pounds one in 2008 crashes and 6:04 has been bullish on gold since its 6:06 bottom in the year 2000 and together 6:08 they are holding their annual TV 6:10 investment and internationalisation 6:12 stomach this februari in acapulco mexico 6:15 to help you prepare the crisis ahead 6:19 last year the TV summit lord what was 6:21 coming and gave advice if needed 10 DS 6:24 fortunes this is why we're that were 6:26 rats central banking give a man a gun 6:28 and you can rub your back 6:30 give a man a bank and he can rob 6:32 everyone and you know we are well grew 6:35 up watching old westerns and people rob 6:37 banks 6:38 how's the good old days and now back to 6:40 review hedge google mention three stocks 6:43 by agnico-eagle agnico-eagle is one by 6:47 one of the most experienced those 6:48 routines in the industry and it was 76.3 6:52 one percent since 6:53 beachy goats called me to Gold Corp is 6:57 responsible for discovering more than 30 6:59 million ounces of gold in their career 7:01 and it was 248 percent and Sabina golden 7:06 silikal Sibylla there's an emerging 7:09 producer each then rose 147 percent 7:12 these are terrific calls and this year 7:16 you can expect more of them just broke 7:19 and burgers will be surrounded with an 7:21 all-star lineup of speakers including 7:23 author of the creature from jekyll 7:24 island GA edward griffin who will 7:26 discuss the state of central banking 7:28 today the world's most respected silver 7:31 analyst david morgan at the Morgan 7:32 report fix where of rotor rooter com on 7:36 discovery of the truth behind are 7:37 massively manipulated markets and helped 7:40 expose those who threaten our free 7:41 market system chairman of the gold 7:44 antitrust action committee data bill 7:46 Murphy continues to expose the 7:48 manipulation of the gold price for the 7:50 gold cartel returning speaker watch of 7:53 their the Bitcoin Jesus who recommended 7:55 buying Bitcoin at last year's conference 7:57 when it was below four hundred dollars 7:58 it is since risen to over 1,000 doors 8:01 other speakers include Chris Casey of 8:04 wind rock wealth management take on 8:07 katella powersave global and many more 8:10 the TV internationalisation and 8:12 investment summit will be an all day and 8:14 evening event on februari 24 held in the 8:17 five-star window Imperial resort and 8:19 convention center in acapulco mexico for 8:22 the price of 395 dollars you spend an 8:25 entire day with these experts including 8:27 an entire evening gala banquet with all 8:29 food and drinks and created you can find 8:31 more TV Investment Summit dot-com and 8:34 register today because space is limited 8:36 and stay after the summit for the 8:39 four-day Anna poco conference with the 8:41 world's biggest anarcho-capitalist 8:43 speakers investors and entrepreneurs 8:45 including entire day on blockchain 8:47 Bitcoin and cryptocurrencies called 8:49 cryptic Oh on februari 20s and true even 8:53 more Condes will host the two-day stock 8:55 and crypto currency trading workshop 8:57 after an alpha poco called TV pro 8:59 trading techniques on march second 9:02 it will be an entire week of activity 9:04 and it all starts with the pdb 9:06 internationalisation and investment 9:08 summit on februari 24 register now

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%.

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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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