Jim Rogers Says Stocks Bear Market is Not Over
Stock-Markets /
Stocks Bear Market
May 26, 2010 - 03:25 AM GMT
By: Videos
Jim Rogers Says the stocks bear market is not over, in a discussion with Dan Mangru on the financial reform bill, Fed incompetence and what investors should do.
“The best place to have your money is in either sound currencies or real assets. For my money, real assets are a better place to be because, throughout history, when governments have started printing a lot of money, the money has gone into real things – whether that’s silver, or cotton, or natural gas – something that’s real that people can use. Putting into paper money at a time when paper money is being debased all over the world is usually not a good thing to do.”
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Comments
Henry Morgan
03 Jun 10, 20:58
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DERIVATIVES COLLAPSE
DERIVATIVES COLLAPSE There are an estimated US$600 Trillion of Derivatives existing in the world today which are steadily unwinding. There is no mechanism globally or otherwise to put a halt to this situation apart from the global community putting US$600 Trillion in a global fund to be used as necessary to counter this extremely menacing situation. This cannot and will not be done. Simply put, the advent of a major global financial/economic collapse is not a matter of if, but what day of what month?
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Peter Knowles
04 Jun 10, 17:27
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Economy, Population, Environment, Energy and Catstrophy
These issue with the economy are going to precipitate a catastophy with the people of the world. The economy is going to shrink due to an energy constraint. The population will continue to grow, and in avoiding the consequences of the economy and over-population we are likely going to damage the environment. The planet is quite capable of kicking back. A heavy burden of a weakened economy, overpopulation, and energy depletion, could cause us to be face a major culling in the world population, just need a major desease to pop up. Sleep well
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