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« Bernanke No Longer Denies that the Purpose of QE2 Is to Drive Stock Prices Higher | Main | Tom Delay Hopes That His Future Cellmate Has NEVER Seen This Video »
Sunday
Jan162011

Jim Rogers: "The World Doesn't Have Enough Trees For Bernanke To Print His Way Out Of The Problem, Gold Could Exceed $2,000" (VIDEO)

Note - An excellent clip from last Fall for those who missed it the first time around.

Video:  Jim Rogers with Maria Bartiromo - Oct. 4, 2010

Bernanke takedown.  Watch at least the first 2 minutes.  Jimmy starts out hot.

  • "They can't quintuple the national debt, again."

Rogers says he's still waiting for the right time to short U.S. Treasuries.

 

Recent clips from Jimmy:

 

 

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Reader Comments (15)

Oct 6, 2010 at 1:10 PM | Registered CommenterDailyBail
Plainfield's Real Estate Market is Worse Than You Can Imagine...Whereas the national foreclosure rate is one in 381 and the state's is one in 314, the village's is one in 84, RealtyTrac numbers show.

http://plainfield.patch.com/articles/plainfields-real-estate-market-is-worse-than-you-can-imagine
Oct 6, 2010 at 1:12 PM | Registered CommenterDailyBail
CNBC is not in the business of talking reality. As Jim Rogers pointed out, CNBC is in the business of hocking and pumping up stocks and other exciting short term gambles. I wish when they interviewed Rogers, the interviewer wasn’t eye candy but someone who could ask the tough questions. I am assuming Maria makes some guys hot and bothered. They do a very similar interview every time with him. Don’t get me wrong, it is still great information. He is doing a bit of advertising himself but I wish he would go to someone who knows how to do a great interview, a Charlie Rose type.
Oct 6, 2010 at 2:13 PM | Unregistered CommenterZ
i agree...when you have 8 minutes with jim rogers you don't get the full story...30 or 60 minutes on charlie rose would allow for much deeper discussion of the issues...
Oct 6, 2010 at 9:52 PM | Registered CommenterDailyBail
I'm sure that Mr. Rogers is being honest in his assessment but he isn't taking into account the effects of the dissolution of stability in America's society these fiscal changes will bring IN REALITY. Regardless of the 'increase' in the price of gold as a commodity the 'effects' of the FIAT CURRENCY on other factors that have more to do with unpredictability in areas of human behavior when forced into poverty make such assumptions mere graspings of 'morality and order' in the coming chaos.

To accurately describe the response of human beings when put in this position isn't possible. Looking at the collapses of history will be tame in relation to the depth of destruction we are going to see in the not-too-distant future.

"Gold going over $2000 in the next 10 years"???

That's rather generous considering 10 more years of similar policy WITHOUT the explosion of reality in the central bank/ fractional reserve system would mean that mankind will willingly accept the bondage of eternal DEBT to survive and the idea of living 'debt-free' will mean as much as 'the abolition of slavery'.
Nov 12, 2010 at 12:49 AM | Unregistered CommenterJames B
Well yes, there are enough trees in the Amazon so be prepared for our politicians to start going there for trees.
Nov 12, 2010 at 12:59 PM | Unregistered CommenterRoseWood
I have a question. If gold goes to $2,000 and dollars are essentially worthless, would somebody be dumb enough to sell gold for worthless dollars?

Just wondering.
Nov 12, 2010 at 2:23 PM | Unregistered CommenterBig M
Big M,

A question I asked about 4 years ago when I bought my gold and silver. The man just looked at me and gave me a nervous grin.

The more probable question being: if paper money is worthless and we can't eat it what WILL we exchange for food?
Nov 13, 2010 at 11:38 AM | Unregistered CommenterJames B
DOLLARS ARE MADE FROM COTTON. I THOUGHT EVERYBODY KNEW THAT>
Jan 17, 2011 at 6:50 AM | Unregistered CommenterCORRECTOR
Jan 17, 2011 at 6:03 PM | Unregistered Commenterjohn
great little song john...thanks...
Jan 19, 2011 at 5:17 AM | Registered CommenterDailyBail
Here is a link that is related.

http://market-ticker.org/akcs-www?post=177673

read this and then click on the "oh god no" link.
Jan 19, 2011 at 9:02 AM | Unregistered Commenterjohn

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