fbpx
Coronavirus Critical

COVID19: The Deep State Has Made Its Move

Economic Collapse is Imminent!
This Is It! Lock And Load... Final Warning!
The Shit Is About To Hit The Fan... Download Our Immediate Action Plan Now!

Jim Rogers Says the Rebound Cannot Last (CNBC May 11, 2009)

Mac Slavo
May 12th, 2009
SHTFplan.com

 Jim Rogers appears on The Kudlow Report May 11, 2009 to discuss politics and economy in China, the outlook for commodities, President Obama’s stimulus packages, the market rally, and his forecasts on a market bust. (Interview follows excerpts and comments)

The market’s already looked ahead. We’ve had one of the strongest rallies in stock market history. Everybody’s looked ahead to December already. If you ask me things are going to be slow for a while in the stock market and the economy. Tell me what’s going to make the economy strong enough to justify all of this. Most sectors in the are not recovering.

Jim Rogers echoes the recent thoughts Marc Faber has on the financial markets, as well as Harry Dent, Jr. of HS Dent Investments, who suggests that a pull back is imminent. Ideas on how low it may go differ, with Faber having suggested a decline of 5% – 10%  in April when he believed the markets might hit 880 on the S&P, while Harry Dent is indicating that his most likely scenario in the event of a correction may take the Dow Jones to around 7400 before rocketing back to 10,000 or more by the end of the summer.

Of course we’re having a rebound [because the Fed has pumped money into the system] right now. But that cannot last. The dollar is under pressure. The bond market is going to be under pressure. You’re going to see unintended consequences from these people at the Federal Reserve.

In not so many words: If you are in the stock market – Get Out! (Or Get Short!)

Watch Jim Rogers on The Kudlow Report May 11, 2009:

President Trump is Breaking Down the Neck of the Federal Reserve!

He wants zero rates and QE4!

You must prepare for the financial reset

We are running out of time

Download the Ultimate Reset Guide Now!

Author: Mac Slavo
Views:
Date: May 12th, 2009
Website: www.SHTFplan.com

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

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.

CBD Oils, Isolates, Supplements And Information