Jim Rogers on Cash, Gold and Food

by | Mar 16, 2009 | Jim Rogers

Share

 Jim Rogers interviewed on March 13, 2009 talks about the current (3 day) market rally, China and US Treasuries, global currencies, hard assets, and ‘profitable banks’.

Some points:

  • Massive short-squeeze on the dollar forcing liquidations and artificially raising the strength of the dollar.
  • Still no cash safe-haven, including problems with the Japanese Yen and Swiss Franc
  • Real Assets (commodities) still have enhanced fundamentals and may be one of the few safehavens during crisis
  • Owns gold, but likes silver even more
  • Bank industry may have a big rally. Banks still have serious problems. Jim Rogers indicates he is short selling JP Morgan due to giant derivative positions and credit card debt.
  • Nothing constructive will come out of G20 meeting
  • Food inventories around the world are low. shortage of credit lending to farmers. shortage of farmers. Expects agriculture to be one of the best investments for the next 20 years.

Listen to Jim Rogers Interview March 14, 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.