Tekoa Da Silva: Jim, you mentioned in Street Smarts a very interesting quote, that when selling during bull markets and a bull market top, “What you want is a kid with very little experience, and just enough brains to be dangerous.” What did you mean by that statement, and are there markets in the world today that you see dominated by kids with just enough brains to be very dangerous?
Jim Rogers : Well, I suspect the United States stock market at the moment, is one of those markets. It’s artificial what’s going on, you have this lady in Washington printing a lot of money, and it’s a very artificial kind of scenario. Now unfortunately—I know that. But a 25 year old will think this is the way the world is; stocks are going up, everything she buys works, and she has nothing to worry about, she thinks this is the best thing ever. It’s a market like this that you need somebody who doesn’t understand what’s going on, and I’m sure there are other markets like it too, but the U.S. is the obvious example of a market like that as we speak, herein, going into 2014. - in Goldseek
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| Jim Rogers |
