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:
Reader Comments (15)
http://4closurefraud.org/2010/10/05/action-alert-please-tell-president-obama-not-to-sign-the-interstate-recognition-of-notarizations-act/?source=patrick.net#header
http://housingstory.net/2010/10/03/a-mammoth-one-in-five-borrowers-will-default/?source=patrick.net#post-4519
http://www.bloomberg.com/news/2010-10-04/california-may-have-to-issue-ious-as-bills-piled-up-during-budget-impasse.html?source=patrick.net#related_categories_tags_top
http://plainfield.patch.com/articles/plainfields-real-estate-market-is-worse-than-you-can-imagine
http://www.fool.co.uk/news/investing/2010/10/01/lessons-from-irelands-real-estate-crisis.aspx
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'.
Just wondering.
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?
http://www.youtube.com/watch?v=l-yo9CYv1mM&feature=player_embedded
http://market-ticker.org/akcs-www?post=177673
read this and then click on the "oh god no" link.