Jim Rogers: I don’t think we’ve hit the bottom

by | Apr 3, 2009 | Commodities, Jim Rogers

 Jim Rogers appears on CNBC to discuss current market conditions on April 1, 2009.

It’s very powerful [market rally]. It looks as though it’s the kind of thing that might go on for a while. I am not participating. I think that maybe we have seen a bottom, but I don’t think it will be the bottom. So, I am mainly sitting and watching.

The only things that I have been buying is more commodities because if we have hit bottom commodities will lead the way out and if we haven’t they’re not going to go down as much.

Watch Jim Rogers on CNBC April 1, 2009:

Inflation is Running at 40-Year Highs!

Negative interest rates are taxing savers, creating food shortages, and making life miserable in the United States!

There's little time left before the REAL DISASTER occurs!

Download the Ultimate Reset Guide Now!

    Related Articles

    Comments

    0 Comments

    Commenting Policy:

    Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

    This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.

        The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.

        SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.